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 | |
|---|---|---|---|---|---|---|
926
CALL
XPO
XPO
$22.5B
| $23.5M | 0.01% |
1,573,786
+450,769
| +40% | +$6.28M |
|
927
CALL
Waste Management
WM
$90.5B
| $23.5M | 0.01% |
331,200
-102,700
| -24% | -$6.87M |
|
928
PUT
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $23.4M | 0.01% |
968,400
-614,000
| -39% | -$14.7M |
|
929
CALL
ServiceNow
NOW
$132B
| $23.3M | 0.01% |
1,568,000
-44,000
| -3% | -$710K |
|
930
CALL
Zoetis
ZTS
$31.9B
| $23.3M | 0.01% |
435,300
-48,600
| -10% | -$2.47M |
|
|
HZNP
931
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $23.2M | 0.01% |
1,436,900
+76,800
| +6% | +$1.39M |
|
|
LNW
932
DELISTED
Light & Wonder
LNW
| $23.2M | 0.01% |
1,659,543
+1,095,730
| +194% | +$15M |
|
933
PUT
Cirrus Logic
CRUS
$5.6B
| $23.2M | 0.01% |
409,900
-122,900
| -23% | -$6.8M |
|
|
REN
934
CALL
DELISTED
Resolute Energy Corporaton
REN
| $23.2M | 0.01% |
562,500
+205,700
| +58% | +$6.55M |
|
935
PUT
Jazz Pharmaceuticals
JAZZ
$16.5B
| $23.1M | 0.01% |
212,100
-6,600
| -3% | -$735K |
|
|
CIT
936
PUT
DELISTED
CIT Group Inc.
CIT
| $23M | 0.01% |
539,700
+188,800
| +54% | +$7.44M |
|
|
WPZ
937
CALL
DELISTED
Williams Partners L.P.
WPZ
| $23M | 0.01% |
605,500
-29,000
| -5% | -$1.04M |
|
938
PUT
TJX Companies
TJX
$155B
| $23M | 0.01% |
612,800
-15,400
| -2% | -$582K |
|
939
PUT
PPG Industries
PPG
$25.2B
| $23M | 0.01% |
242,700
+73,600
| +44% | +$7.02M |
|
940
CALL
Lennar Class A
LEN
$21.2B
| $23M | 0.01% |
562,575
+282,075
| +101% | +$11.4M |
|
|
FIT
941
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $23M | 0.01% |
3,137,200
+225,900
| +8% | +$2.31M |
|
942
CALL
M&T Bank
MTB
$34.9B
| $22.9M | 0.01% |
146,200
-4,200
| -3% | -$568K |
|
|
GRUB
943
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $22.9M | 0.01% |
303,750
+93,450
| +44% | +$7.2M |
|
|
CAB
944
PUT
DELISTED
Cabela's Inc
CAB
| $22.8M | 0.01% |
390,000
+207,800
| +114% | +$12.9M |
|
945
Alibaba
BABA
$284B
| $22.8M | 0.01% |
259,969
+249,570
| +2,400% | +$24M |
|
946
CALL
Signet Jewelers
SIG
$3.24B
| $22.8M | 0.01% |
242,000
-109,700
| -31% | -$9.62M |
|
|
CMA
947
PUT
DELISTED
Comerica
CMA
| $22.8M | 0.01% |
334,300
+5,800
| +2% | +$340K |
|
|
CLR
948
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $22.7M | 0.01% |
441,200
-259,000
| -37% | -$13.4M |
|
949
PUT
Ligand Pharmaceuticals
LGND
$5.59B
| $22.7M | 0.01% |
358,591
+249,266
| +228% | +$15.7M |
|
|
KANG
950
DELISTED
iKang Healthcare Group, Inc.
KANG
| $22.7M | 0.01% |
1,311,143
+1,146,002
| +694% | +$19.4M |
|
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.