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 | |
|---|---|---|---|---|---|---|
1351
CALL
BioMarin Pharmaceuticals
BMRN
$12.8B
| $12.5M | 0.01% |
151,000
-11,100
| -7% | -$955K |
|
1352
GoPro
GPRO
$111M
| $12.5M | 0.01% |
1,436,100
-28,424
| -2% | -$326K |
|
1353
CALL
Take-Two Interactive
TTWO
$43.9B
| $12.5M | 0.01% |
253,600
+194,300
| +328% | +$9.18M |
|
|
HZNP
1354
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $12.5M | 0.01% |
771,212
-289,811
| -27% | -$5.26M |
|
1355
Range Resources
RRC
$9.61B
| $12.5M | 0.01% |
362,572
+80,039
| +28% | +$2.86M |
|
|
SRG
1356
PUT
Seritage Growth Properties
SRG
$119M
| $12.4M | 0.01% |
290,900
+260,900
| +870% | +$12.1M |
|
1357
Invesco DB Agriculture Fund
DBA
$1.22B
| $12.4M | 0.01% |
621,071
+378,959
| +157% | +$7.63M |
|
|
PF
1358
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $12.4M | 0.01% |
232,000
+136,200
| +142% | +$6.91M |
|
1359
CSX Corp
CSX
$95.1B
| $12.4M | 0.01% |
+1,034,316
| New | +$11.6M |
|
1360
CALL
Alaska Air
ALK
$4.77B
| $12.4M | 0.01% |
139,200
+70,700
| +103% | +$5.57M |
|
1361
CALL
L3Harris
LHX
$49B
| $12.3M | 0.01% |
120,400
+13,300
| +12% | +$1.32M |
|
|
LSI
1362
PUT
DELISTED
Life Storage, Inc.
LSI
| $12.3M | 0.01% |
216,900
+86,250
| +66% | +$4.78M |
|
|
ONIT
1363
CALL
Onity Group
ONIT
$296M
| $12.3M | 0.01% |
152,387
+67,734
| +80% | +$4.77M |
|
|
QEP
1364
PUT
DELISTED
QEP RESOURCES, INC.
QEP
| $12.3M | 0.01% |
668,200
+224,800
| +51% | +$4.08M |
|
|
WPX
1365
CALL
DELISTED
WPX Energy, Inc.
WPX
| $12.3M | 0.01% |
843,900
+461,100
| +120% | +$6.1M |
|
|
MBLY
1366
DELISTED
Mobileye N.V.
MBLY
| $12.3M | 0.01% |
321,979
+131,373
| +69% | +$4.94M |
|
1367
CALL
Texas Capital Bancshares
TCBI
$4.26B
| $12.3M | 0.01% |
156,300
+138,400
| +773% | +$9.34M |
|
1368
CALL
Estee Lauder
EL
$37.5B
| $12.2M | 0.01% |
160,100
-36,300
| -18% | -$2.95M |
|
1369
CALL
Synaptics
SYNA
$3.67B
| $12.2M | 0.01% |
228,500
-31,900
| -12% | -$1.84M |
|
1370
CALL
3D Systems Corp
DDD
$533M
| $12.2M | 0.01% |
920,800
-689,500
| -43% | -$10.1M |
|
1371
ArcelorMittal
MT
$55.1B
| $12.2M | 0.01% |
558,438
-427,284
| -43% | -$9.1M |
|
1372
PUT
Eastman Chemical
EMN
$8.19B
| $12.2M | 0.01% |
162,500
-60,100
| -27% | -$4.34M |
|
|
TUP
1373
CALL
DELISTED
Tupperware Brands Corporation
TUP
| $12.2M | 0.01% |
232,100
+178,300
| +331% | +$10.5M |
|
1374
CALL
Microchip Technology
MCHP
$40B
| $12.2M | 0.01% |
379,400
-211,200
| -36% | -$6.64M |
|
|
HIMX
1375
PUT
Himax Technologies
HIMX
$2.4B
| $12.2M | 0.01% |
2,012,700
+1,092,400
| +119% | +$8.26M |
|
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.