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 | |
|---|---|---|---|---|---|---|
1326
CALL
Nordic American Tanker
NAT
$1.45B
| $12.9M | 0.01% |
1,543,651
-227,909
| -13% | -$2.03M |
|
|
AMTD
1327
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $12.9M | 0.01% |
295,000
+7,100
| +2% | +$276K |
|
1328
Abercrombie & Fitch
ANF
$4.92B
| $12.8M | 0.01% |
1,070,847
+108,888
| +11% | +$1.62M |
|
|
TSE
1329
CALL
DELISTED
Trinseo
TSE
| $12.8M | 0.01% |
216,600
-69,300
| -24% | -$3.89M |
|
|
ANDX
1330
CALL
DELISTED
Andeavor Logistics LP
ANDX
| $12.8M | 0.01% |
252,500
-14,500
| -5% | -$685K |
|
1331
PUT
SBA Communications
SBAC
$19.6B
| $12.8M | 0.01% |
124,000
+81,200
| +190% | +$8.55M |
|
|
CUK
1332
DELISTED
Carnival PLC
CUK
| $12.8M | 0.01% |
249,704
+224,659
| +897% | +$11.2M |
|
1333
CALL
Analog Devices
ADI
$181B
| $12.8M | 0.01% |
175,700
-180,700
| -51% | -$12.3M |
|
1334
PUT
J.M. Smucker
SJM
$13.3B
| $12.8M | 0.01% |
99,600
-63,000
| -39% | -$8.17M |
|
|
OCLR
1335
CALL
DELISTED
Oclaro Inc.
OCLR
| $12.7M | 0.01% |
1,424,500
+568,500
| +66% | +$4.91M |
|
|
MDCO
1336
PUT
DELISTED
Medicines Co
MDCO
| $12.7M | 0.01% |
375,600
-128,100
| -25% | -$4.54M |
|
1337
Schwab Fundamental International Small Company Index ETF
FNDC
$3.18B
| $12.7M | 0.01% |
447,647
+439,723
| +5,549% | +$12.6M |
|
1338
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $12.7M | 0.01% |
471,600
+214,400
| +83% | +$5.35M |
|
1339
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$244M
| $12.7M | 0.01% |
1,597
+55
| +4% | +$542K |
|
1340
Sunoco
SUN
$14.2B
| $12.7M | 0.01% |
471,501
+429,801
| +1,031% | +$11.2M |
|
1341
CALL
Qorvo
QRVO
$8.21B
| $12.7M | 0.01% |
240,100
-78,500
| -25% | -$4.27M |
|
1342
TJX Companies
TJX
$155B
| $12.6M | 0.01% |
336,560
+295,560
| +721% | +$11.2M |
|
1343
Ulta Beauty
ULTA
$22.8B
| $12.6M | 0.01% |
49,466
-57,233
| -54% | -$14.3M |
|
1344
CALL
Public Storage
PSA
$59.9B
| $12.6M | 0.01% |
56,400
+24,200
| +75% | +$5.15M |
|
|
BBBY
1345
DELISTED
Bed Bath & Beyond Inc
BBBY
| $12.6M | 0.01% |
309,850
+164,735
| +114% | +$7.14M |
|
|
TRUE
1346
CALL
DELISTED
TrueCar
TRUE
| $12.6M | 0.01% |
1,005,900
+703,800
| +233% | +$7.93M |
|
1347
CALL
NetApp
NTAP
$37.3B
| $12.6M | 0.01% |
356,100
-166,500
| -32% | -$5.83M |
|
1348
PUT
ArcelorMittal
MT
$55.3B
| $12.6M | 0.01% |
573,300
+135,633
| +31% | +$2.89M |
|
1349
CALL
Packaging Corp of America
PKG
$22B
| $12.5M | 0.01% |
147,600
-97,200
| -40% | -$8.15M |
|
1350
iShares MSCI Brazil ETF
EWZ
$8.03B
| $12.5M | 0.01% |
375,356
-1,557,989
| -81% | -$53.5M |
|
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.