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 | |
|---|---|---|---|---|---|---|
|
RHT
1051
CALL
DELISTED
Red Hat Inc
RHT
| $19.8M | 0.01% |
283,500
-112,800
| -28% | -$8.7M |
|
1052
PUT
Acuity Brands
AYI
$10.1B
| $19.7M | 0.01% |
85,300
+12,900
| +18% | +$3.13M |
|
1053
PUT
Canadian National Railway
CNI
$77.1B
| $19.7M | 0.01% |
291,600
+219,000
| +302% | +$14.5M |
|
1054
iShares Russell 2000 ETF
IWM
$81.4B
| $19.6M | 0.01% |
+145,513
| New | +$18.6M |
|
1055
CALL
PVH
PVH
$3.55B
| $19.5M | 0.01% |
216,200
+64,800
| +43% | +$6.82M |
|
|
ENDP
1056
CALL
DELISTED
Endo International plc
ENDP
| $19.5M | 0.01% |
1,183,900
-151,700
| -11% | -$2.67M |
|
|
TRQ
1057
PUT
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $19.5M | 0.01% |
603,540
-54,820
| -8% | -$1.76M |
|
1058
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $19.5M | 0.01% |
2,048,000
-704,800
| -26% | -$6.37M |
|
1059
CALL
Post Holdings
POST
$3.73B
| $19.5M | 0.01% |
370,387
+34,533
| +10% | +$1.74M |
|
1060
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $19.5M | 0.01% |
582,200
-53,100
| -8% | -$1.72M |
|
|
TRQ
1061
CALL
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $19.4M | 0.01% |
601,840
-46,690
| -7% | -$1.5M |
|
|
ENDP
1062
PUT
DELISTED
Endo International plc
ENDP
| $19.4M | 0.01% |
1,178,700
-409,900
| -26% | -$7.21M |
|
1063
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $19.4M | 0.01% |
515,092
-123,022
| -19% | -$4.45M |
|
|
SIVB
1064
CALL
DELISTED
SVB Financial Group
SIVB
| $19.4M | 0.01% |
112,800
+39,700
| +54% | +$5.69M |
|
|
MNK
1065
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $19.3M | 0.01% |
387,200
-143,300
| -27% | -$8.44M |
|
|
TTM
1066
PUT
DELISTED
Tata Motors Limited
TTM
| $19.3M | 0.01% |
560,500
+99,600
| +22% | +$3.67M |
|
1067
CALL
Franco-Nevada
FNV
$52.1B
| $19.3M | 0.01% |
322,500
+160,700
| +99% | +$9.81M |
|
|
POT
1068
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $19.3M | 0.01% |
1,064,500
-625,800
| -37% | -$10.8M |
|
1069
PUT
Weibo
WB
$1.72B
| $19.3M | 0.01% |
474,200
-129,100
| -21% | -$6.16M |
|
1070
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $19.2M | 0.01% |
534,800
-229,000
| -30% | -$8.39M |
|
|
1071
PUT
Post Holdings
POST
$3.73B
| $19.2M | 0.01% |
365,039
+282,680
| +343% | +$14.3M |
|
1072
PUT
Hilton Worldwide
HLT
$74.3B
| $19.2M | 0.01% |
235,333
+64,466
| +38% | +$4.74M |
|
1073
CALL
The Bancorp
TBBK
$2.72B
| $19.2M | 0.01% |
+2,443,000
| New | +$17.5M |
|
|
1074
CALL
Acuity Brands
AYI
$10.1B
| $19.2M | 0.01% |
83,100
+23,500
| +39% | +$5.7M |
|
1075
CALL
O'Reilly Automotive
ORLY
$73.4B
| $19.2M | 0.01% |
1,033,500
+702,000
| +212% | +$12.8M |
|
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.