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 | |
|---|---|---|---|---|---|---|
1276
PUT
Zillow
ZG
$8.53B
| $14M | 0.01% |
384,800
+600
| +0.2% | +$21K |
|
1277
PUT
Stanley Black & Decker
SWK
$14.9B
| $14M | 0.01% |
121,800
-42,900
| -26% | -$5.11M |
|
|
JOYY
1278
JOYY Inc
JOYY
$3.7B
| $13.9M | 0.01% |
353,403
-107,570
| -23% | -$5.05M |
|
|
TSRO
1279
DELISTED
TESARO, Inc.
TSRO
| $13.9M | 0.01% |
103,553
+93,064
| +887% | +$11.7M |
|
|
NSR
1280
PUT
DELISTED
Neustar Inc
NSR
| $13.9M | 0.01% |
416,100
+395,300
| +1,900% | +$10.5M |
|
1281
VanEck Intermediate Muni ETF
ITM
$2.12B
| $13.9M | 0.01% |
+299,097
| New | +$14.2M |
|
1282
PUT
Royal Bank of Canada
RY
$284B
| $13.8M | 0.01% |
204,500
-23,800
| -10% | -$1.54M |
|
1283
CALL
Quanta Services
PWR
$92.7B
| $13.8M | 0.01% |
397,100
-10,900
| -3% | -$342K |
|
1284
PUT
Zimmer Biomet
ZBH
$19.3B
| $13.8M | 0.01% |
138,020
+110,931
| +410% | +$11.9M |
|
1285
PUT
Lam Research
LRCX
$388B
| $13.8M | 0.01% |
1,307,000
-985,000
| -43% | -$10M |
|
1286
PUT
Suncor Energy
SU
$78.8B
| $13.8M | 0.01% |
421,900
-101,700
| -19% | -$3.12M |
|
1287
PUT
Novartis
NVS
$300B
| $13.7M | 0.01% |
210,478
+120,417
| +134% | +$7.81M |
|
|
JWN
1288
DELISTED
Nordstrom
JWN
| $13.7M | 0.01% |
+286,075
| New | +$15.5M |
|
1289
PUT
US Bancorp
USB
$97.3B
| $13.7M | 0.01% |
266,800
-33,000
| -11% | -$1.57M |
|
1290
CALL
T. Rowe Price
TROW
$24B
| $13.7M | 0.01% |
181,800
-62,400
| -26% | -$4.42M |
|
|
XEC
1291
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $13.6M | 0.01% |
100,300
+40,800
| +69% | +$5.46M |
|
1292
PUT
NextEra Energy
NEE
$175B
| $13.6M | 0.01% |
456,400
-202,800
| -31% | -$6.06M |
|
1293
CALL
Royal Gold
RGLD
$22.3B
| $13.6M | 0.01% |
215,100
-188,000
| -47% | -$12.8M |
|
1294
PUT
BlackBerry
BB
$4.48B
| $13.6M | 0.01% |
1,975,500
-725,700
| -27% | -$5.39M |
|
1295
CALL
Intuit
INTU
$101B
| $13.6M | 0.01% |
118,400
+6,200
| +6% | +$694K |
|
1296
Nokia
NOK
$55.6B
| $13.5M | 0.01% |
2,805,048
-1,154,013
| -29% | -$5.44M |
|
|
ARCH
1297
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $13.5M | 0.01% |
+172,600
| New | +$13.1M |
|
1298
PUT
Melco Resorts & Entertainment
MLCO
$2.08B
| $13.5M | 0.01% |
847,100
+47,200
| +6% | +$810K |
|
1299
PUT
S&P Global
SPGI
$128B
| $13.4M | 0.01% |
124,800
+58,300
| +88% | +$6.96M |
|
1300
CALL
Edwards Lifesciences
EW
$52.2B
| $13.4M | 0.01% |
428,400
-1,200
| -0.3% | -$38.9K |
|
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.