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 | |
|---|---|---|---|---|---|---|
1201
CALL
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $15.9M | 0.01% |
185,900
-41,500
| -18% | -$3.49M |
|
1202
Chipotle Mexican Grill
CMG
$48.1B
| $15.9M | 0.01% |
2,103,650
-6,539,800
| -76% | -$51.6M |
|
1203
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$25.8M
| $15.9M | 0.01% |
23
+8
| +53% | +$5.64M |
|
1204
CALL
Illinois Tool Works
ITW
$80.9B
| $15.8M | 0.01% |
129,200
-34,100
| -21% | -$4.12M |
|
|
MMP
1205
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $15.8M | 0.01% |
208,600
-99,300
| -32% | -$6.95M |
|
1206
CALL
Fortinet
FTNT
$112B
| $15.8M | 0.01% |
2,616,500
+1,557,000
| +147% | +$9.73M |
|
|
PAY
1207
CALL
DELISTED
Verifone Systems Inc
PAY
| $15.7M | 0.01% |
887,600
-558,100
| -39% | -$9.27M |
|
1208
CALL
Novartis
NVS
$300B
| $15.7M | 0.01% |
240,944
-28,235
| -10% | -$1.83M |
|
|
K
1209
PUT
DELISTED
Kellanova
K
| $15.7M | 0.01% |
227,165
+76,361
| +51% | +$5.31M |
|
1210
CALL
Paychex
PAYX
$44.8B
| $15.7M | 0.01% |
257,800
-50,100
| -16% | -$2.89M |
|
1211
PUT
Automatic Data Processing
ADP
$112B
| $15.6M | 0.01% |
152,200
+117,300
| +336% | +$10.9M |
|
1212
PUT
D.R. Horton
DHI
$41.7B
| $15.6M | 0.01% |
572,200
+114,500
| +25% | +$3.27M |
|
|
NAV
1213
PUT
DELISTED
Navistar International
NAV
| $15.6M | 0.01% |
498,500
-662,000
| -57% | -$17.9M |
|
|
CY
1214
PUT
DELISTED
Cypress Semiconductor
CY
| $15.6M | 0.01% |
1,364,600
+952,000
| +231% | +$10.4M |
|
|
OA
1215
PUT
DELISTED
Orbital ATK, Inc.
OA
| $15.6M | 0.01% |
177,400
+77,200
| +77% | +$6.29M |
|
|
PPLI
1216
PUT
People Inc
PPLI
$2.89B
| $15.5M | 0.01% |
1,342,338
+493,515
| +58% | +$5.78M |
|
1217
CALL
Aptiv
APTV
$9.83B
| $15.5M | 0.01% |
229,700
+75,200
| +49% | +$5.05M |
|
1218
PUT
Targa Resources
TRGP
$63.1B
| $15.5M | 0.01% |
275,600
-132,400
| -32% | -$6.69M |
|
1219
PUT
Nucor
NUE
$55.5B
| $15.4M | 0.01% |
259,400
-11,800
| -4% | -$660K |
|
1220
CALL
KKR & Co
KKR
$96.3B
| $15.4M | 0.01% |
1,002,300
-103,300
| -9% | -$1.56M |
|
1221
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $15.4M | 0.01% |
455,500
+50,700
| +13% | +$1.7M |
|
1222
Deere & Co
DE
$175B
| $15.4M | 0.01% |
149,469
+131,469
| +730% | +$12.4M |
|
1223
CALL
Lear
LEA
$8.18B
| $15.4M | 0.01% |
116,200
+30,200
| +35% | +$3.8M |
|
1224
Newell Brands
NWL
$2.59B
| $15.4M | 0.01% |
+344,211
| New | +$16.7M |
|
1225
CALL
Parker-Hannifin
PH
$128B
| $15.4M | 0.01% |
109,700
-99,900
| -48% | -$13.3M |
|
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.