Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$685M |
| 2 |
BAS
Basis Energy Services, Inc.
BAS
|
+$459M |
| 3 |
WFT
Weatherford International plc
WFT
|
+$354M |
| 4 |
Air Products & Chemicals
APD
|
+$216M |
| 5 |
Mondelez International
MDLZ
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$3.97B |
| 2 |
Bank of America
BAC
|
+$1.16B |
| 3 |
VanEck Gold Miners ETF
GDX
|
+$192M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$174M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$141M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.75% |
| 2 | Consumer Discretionary | 1.45% |
| 3 | Healthcare | 1.23% |
| 4 | Financials | 1.18% |
| 5 | Energy | 0.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Capri Holdings
CPRI
$1.55B
| $25.3M | 0.01% |
589,408
+498,545
| +549% | +$23.7M |
|
|
AGU
877
CALL
DELISTED
Agrium
AGU
| $25.3M | 0.01% |
251,900
-10,200
| -4% | -$983K |
|
878
PUT
Canadian Pacific Kansas City
CP
$83.2B
| $25.3M | 0.01% |
887,000
+273,500
| +45% | +$8.08M |
|
879
PUT
Universal Display
OLED
$3.89B
| $25.3M | 0.01% |
449,800
+28,700
| +7% | +$1.58M |
|
880
PUT
Norfolk Southern
NSC
$79.3B
| $25.3M | 0.01% |
234,300
+35,900
| +18% | +$3.63M |
|
881
CALL
Five Below
FIVE
$14.5B
| $25.3M | 0.01% |
633,300
+180,000
| +40% | +$7.09M |
|
882
CALL
Alcoa
AA
$13B
| $25.3M | 0.01% |
899,400
-1,964,520
| -69% | -$53.3M |
|
883
CALL
CSX Corp
CSX
$95.3B
| $25.2M | 0.01% |
2,101,800
-1,810,800
| -46% | -$20.3M |
|
|
RAD
884
DELISTED
Rite Aid Corporation
RAD
| $25.2M | 0.01% |
152,699
+71,630
| +88% | +$10.8M |
|
885
Banco Santander
SAN
$214B
| $25.1M | 0.01% |
5,058,542
-516,538
| -9% | -$2.35M |
|
886
CALL
Diamondback Energy
FANG
$57.6B
| $25.1M | 0.01% |
248,400
+19,600
| +9% | +$1.96M |
|
887
PUT
Aflac
AFL
$59.3B
| $25M | 0.01% |
718,200
+106,400
| +17% | +$3.75M |
|
|
ATHN
888
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $24.9M | 0.01% |
237,100
+2,700
| +1% | +$290K |
|
|
WWAV
889
CALL
DELISTED
The WhiteWave Foods Company
WWAV
| $24.9M | 0.01% |
447,600
-80,200
| -15% | -$4.39M |
|
890
Salesforce
CRM
$171B
| $24.9M | 0.01% |
363,107
-611,482
| -63% | -$44.4M |
|
891
PUT
Goodyear
GT
$1.73B
| $24.7M | 0.01% |
799,200
+155,800
| +24% | +$4.82M |
|
892
CALL
J.M. Smucker
SJM
$13.5B
| $24.7M | 0.01% |
192,600
+92,600
| +93% | +$12M |
|
893
Elevance Health
ELV
$87.3B
| $24.6M | 0.01% |
171,024
+138,576
| +427% | +$18.6M |
|
|
MRO
894
PUT
DELISTED
Marathon Oil Corporation
MRO
| $24.6M | 0.01% |
1,419,400
-286,400
| -17% | -$4.6M |
|
895
PUT
Corning
GLW
$125B
| $24.5M | 0.01% |
1,009,900
-269,800
| -21% | -$6.41M |
|
896
PUT
Workday
WDAY
$49.2B
| $24.4M | 0.01% |
369,800
+73,500
| +25% | +$5.92M |
|
897
CALL
Navient
NAVI
$888M
| $24.4M | 0.01% |
1,484,600
+1,018,400
| +218% | +$15.8M |
|
898
CALL
Clorox
CLX
$13B
| $24.4M | 0.01% |
203,200
-23,000
| -10% | -$2.71M |
|
|
DNKN
899
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $24.3M | 0.01% |
463,400
+73,200
| +19% | +$3.77M |
|
|
PX
900
CALL
DELISTED
Praxair Inc
PX
| $24.3M | 0.01% |
207,300
+114,200
| +123% | +$13.6M |
|
Similar funds
Jeff Yass's Q4 2016 Portfolio in Review
As of Q4 2016, Jeff Yass held 10,783 positions worth $197B, down 4.9% from $207B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jeff Yass withdrew a net $12.7B in Q4 2016, closing 1,274 positions and reducing 3,383 holdings. Its most notable exit was Synchrony, an estimated $104M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.3% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jeff Yass opened a new position in Basis Energy Services, Inc. worth $59.7M.
- Jeff Yass's largest Q4 2016 buy was Basis Energy Services, Inc.: 1,689,160 shares worth $59.7M.
- Jeff Yass added most to Amazon in Q4 2016, an estimated $685M increase.
- Jeff Yass's biggest Q4 2016 reduction was Procter & Gamble, cutting an estimated $3.97B.
- Jeff Yass fully exited Synchrony in Q4 2016, selling an estimated $104M.
- Jeff Yass's ten largest holdings make up 21% of its $197B portfolio in Q4 2016.
- Jeff Yass opened 2,442 new positions and closed 1,274 in Q4 2016.
- Jeff Yass's portfolio value fell 4.9% quarter-over-quarter to $197B.
Based on Susquehanna International Group's 13F filing for Q4 2016, filed 14 Feb 2017.