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 | |
|---|---|---|---|---|---|---|
1176
PUT
SM Energy
SM
$8.67B
| $16.5M | 0.01% |
479,800
+263,300
| +122% | +$9.51M |
|
1177
CALL
Royal Bank of Canada
RY
$284B
| $16.5M | 0.01% |
244,200
-79,700
| -25% | -$5.17M |
|
|
TMUSP
1178
DELISTED
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
| $16.5M | 0.01% |
175,000
+100,000
| +133% | +$8.66M |
|
|
DATA
1179
CALL
DELISTED
Tableau Software, Inc.
DATA
| $16.5M | 0.01% |
391,200
-70,200
| -15% | -$3.27M |
|
1180
PUT
Ross Stores
ROST
$77.5B
| $16.4M | 0.01% |
249,500
+112,100
| +82% | +$7.34M |
|
1181
PUT
Ovintiv
OVV
$18.2B
| $16.4M | 0.01% |
278,600
+187,520
| +206% | +$10.7M |
|
1182
CALL
Acadia Pharmaceuticals
ACAD
$5.11B
| $16.3M | 0.01% |
566,700
+12,100
| +2% | +$320K |
|
1183
Alcoa
AA
$13B
| $16.3M | 0.01% |
579,834
-294,961
| -34% | -$8.01M |
|
|
MMP
1184
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $16.3M | 0.01% |
215,200
+78,000
| +57% | +$5.46M |
|
1185
Medtronic
MDT
$119B
| $16.3M | 0.01% |
+228,280
| New | +$17.9M |
|
1186
CALL
Universal Display
OLED
$3.89B
| $16.3M | 0.01% |
288,700
-14,900
| -5% | -$819K |
|
1187
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $16.2M | 0.01% |
433,100
+209,900
| +94% | +$8.79M |
|
|
SKX
1188
PUT
DELISTED
Skechers
SKX
| $16.2M | 0.01% |
659,300
-788,500
| -54% | -$18.2M |
|
1189
CALL
Golar LNG
GLNG
$5.25B
| $16.2M | 0.01% |
705,400
+79,200
| +13% | +$1.84M |
|
1190
CALL
Ashland
ASH
$3.38B
| $16.1M | 0.01% |
301,899
-89,118
| -23% | -$4.9M |
|
1191
PUT
TransDigm Group
TDG
$66.3B
| $16.1M | 0.01% |
64,700
+47,100
| +268% | +$12.4M |
|
|
OKS
1192
CALL
DELISTED
Oneok Partners LP
OKS
| $16.1M | 0.01% |
374,300
-36,400
| -9% | -$1.51M |
|
1193
FedEx
FDX
$79.1B
| $16.1M | 0.01% |
+86,359
| New | +$15.8M |
|
|
WWAV
1194
DELISTED
The WhiteWave Foods Company
WWAV
| $16.1M | 0.01% |
289,102
+4,664
| +2% | +$255K |
|
1195
iShares International Treasury Bond ETF
IGOV
$1.55B
| $16.1M | 0.01% |
357,630
+352,676
| +7,119% | +$16.5M |
|
1196
CALL
Wolfspeed
WOLF
$1.29B
| $16M | 0.01% |
607,900
| – | – |
|
1197
CALL
Albemarle
ALB
$16.7B
| $16M | 0.01% |
185,800
-28,500
| -13% | -$2.41M |
|
1198
CALL
S&P Global
SPGI
$128B
| $16M | 0.01% |
148,400
+44,600
| +43% | +$5.33M |
|
1199
PUT
Banco Santander
SAN
$214B
| $15.9M | 0.01% |
3,207,861
-883,930
| -22% | -$4.02M |
|
1200
CALL
Cardinal Health
CAH
$54B
| $15.9M | 0.01% |
221,100
-64,700
| -23% | -$4.68M |
|
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.