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 | |
|---|---|---|---|---|---|---|
1101
PUT
Lincoln National
LNC
$8.11B
| $18.5M | 0.01% |
279,400
+36,700
| +15% | +$2.13M |
|
1102
CALL
Consolidated Edison
ED
$39.8B
| $18.4M | 0.01% |
249,700
+77,000
| +45% | +$5.56M |
|
1103
PUT
Henry Schein
HSIC
$9.98B
| $18.4M | 0.01% |
309,060
+169,065
| +121% | +$10.2M |
|
1104
PUT
Cencora
COR
$61.8B
| $18.3M | 0.01% |
234,100
+6,700
| +3% | +$523K |
|
1105
CALL
Chord Energy
CHRD
$7.91B
| $18.3M | 0.01% |
1,207,400
+252,500
| +26% | +$3.27M |
|
1106
CALL
Cirrus Logic
CRUS
$5.6B
| $18.3M | 0.01% |
323,200
-114,200
| -26% | -$6.32M |
|
1107
PUT
Alaska Air
ALK
$4.64B
| $18.3M | 0.01% |
205,900
-10,700
| -5% | -$843K |
|
1108
CALL
Invesco
IVZ
$14.3B
| $18.2M | 0.01% |
601,400
+115,100
| +24% | +$3.54M |
|
1109
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $18.2M | 0.01% |
118,400
-6,800
| -5% | -$1.02M |
|
1110
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $18.2M | 0.01% |
+210,087
| New | +$17.7M |
|
|
GOLD
1111
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $18.2M | 0.01% |
238,300
+37,700
| +19% | +$2.99M |
|
1112
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $18.2M | 0.01% |
633,600
-149,600
| -19% | -$4.09M |
|
|
FL
1113
CALL
DELISTED
Foot Locker
FL
| $18.1M | 0.01% |
255,100
-166,300
| -39% | -$11.8M |
|
1114
PUT
Itaú Unibanco
ITUB
$82.9B
| $18.1M | 0.01% |
3,625,771
+1,419,899
| +64% | +$7.28M |
|
1115
CALL
Ralph Lauren
RL
$22.1B
| $18.1M | 0.01% |
200,100
-33,500
| -14% | -$3.4M |
|
1116
Vanguard FTSE All-World ex-US ETF
VEU
$70.2B
| $18M | 0.01% |
406,886
+127,602
| +46% | +$5.66M |
|
1117
PUT
Abercrombie & Fitch
ANF
$4.99B
| $17.9M | 0.01% |
1,495,500
-451,800
| -23% | -$6.71M |
|
|
PNC.WS
1118
DELISTED
PNC Financial Services Group Inc
PNC.WS
| $17.9M | 0.01% |
362,761
| – | – |
|
1119
PUT
3D Systems Corp
DDD
$518M
| $17.9M | 0.01% |
1,345,900
-177,400
| -12% | -$2.6M |
|
1120
CALL
American Eagle Outfitters
AEO
$2.83B
| $17.8M | 0.01% |
1,176,200
+617,500
| +111% | +$10.6M |
|
1121
CALL
Stanley Black & Decker
SWK
$14.9B
| $17.8M | 0.01% |
155,500
-10,200
| -6% | -$1.22M |
|
1122
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.8B
| $17.8M | 0.01% |
+324,215
| New | +$18.7M |
|
1123
PUT
Campbell Soup
CPB
$7.2B
| $17.8M | 0.01% |
293,800
+33,400
| +13% | +$1.87M |
|
1124
PUT
Weyerhaeuser
WY
$17.6B
| $17.8M | 0.01% |
590,400
+31,600
| +6% | +$974K |
|
1125
PUT
Assured Guaranty
AGO
$3.26B
| $17.8M | 0.01% |
470,000
-56,300
| -11% | -$1.89M |
|
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.