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 |
Procter & Gamble
PG
|
+$4.12B |
| 2 |
Gilead Sciences
GILD
|
+$379M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$286M |
| 4 |
Amazon
AMZN
|
+$271M |
| 5 |
Meta Platforms (Facebook)
META
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$762M |
| 2 |
SPDR Gold Trust
GLD
|
+$410M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$400M |
| 4 |
QIHU
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
|
+$227M |
| 5 |
Synchrony
SYF
|
+$195M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 2.31% |
| 2 | Technology | 1.26% |
| 3 | Financials | 1.12% |
| 4 | Healthcare | 1.04% |
| 5 | Consumer Discretionary | 0.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
CALL
Fastenal
FAST
$57.7B
| $11.9M | 0.01% |
1,136,800
-560,400
| -33% | -$5.96M |
|
1377
PUT
Urban Outfitters
URBN
$6.49B
| $11.8M | 0.01% |
343,200
+190,100
| +124% | +$6.23M |
|
1378
CALL
Unilever
UL
$140B
| $11.8M | 0.01% |
222,133
-88,800
| -29% | -$4.69M |
|
|
ITC
1379
DELISTED
ITC HOLDINGS CORP
ITC
| $11.8M | 0.01% |
254,626
| – | – |
|
1380
PUT
Truist Financial
TFC
$61.4B
| $11.8M | 0.01% |
312,900
-91,900
| -23% | -$3.42M |
|
1381
MGM Resorts International
MGM
$10.9B
| $11.8M | 0.01% |
+452,926
| New | +$11M |
|
1382
PUT
Hilton Worldwide
HLT
$74.1B
| $11.8M | 0.01% |
170,867
-85,666
| -33% | -$6.04M |
|
1383
Autodesk
ADSK
$53B
| $11.7M | 0.01% |
162,160
-25,986
| -14% | -$1.64M |
|
1384
CALL
Canadian Natural Resources
CNQ
$102B
| $11.7M | 0.01% |
747,372
-148,658
| -17% | -$2.26M |
|
1385
PUT
Huntsman Corp
HUN
$1.67B
| $11.7M | 0.01% |
720,800
+176,800
| +33% | +$2.8M |
|
|
HTZ
1386
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $11.7M | 0.01% |
+335,747
| New | +$14.1M |
|
1387
CALL
iShares US Transportation ETF
IYT
$2.28B
| $11.7M | 0.01% |
322,000
+105,200
| +49% | +$3.71M |
|
|
SRCL
1388
PUT
DELISTED
Stericycle Inc
SRCL
| $11.7M | 0.01% |
145,800
+70,400
| +93% | +$6.36M |
|
|
BBL
1389
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $11.6M | 0.01% |
382,059
+64,070
| +20% | +$1.71M |
|
1390
Barclays
BCS
$91.5B
| $11.6M | 0.01% |
1,416,011
-491,693
| -26% | -$3.88M |
|
|
JCP
1391
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $11.6M | 0.01% |
1,258,300
-422,800
| -25% | -$4.03M |
|
1392
PUT
iShares Russell 1000 Value ETF
IWD
$84.2B
| $11.6M | 0.01% |
109,500
+35,500
| +48% | +$3.74M |
|
1393
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $11.6M | 0.01% |
104,867
+67,234
| +179% | +$7.31M |
|
1394
Cleveland-Cliffs
CLF
$6.57B
| $11.5M | 0.01% |
1,972,328
+220,096
| +13% | +$1.44M |
|
1395
PUT
Dick's Sporting Goods
DKS
$11.1B
| $11.5M | 0.01% |
203,300
+48,500
| +31% | +$2.67M |
|
|
ZIONW
1396
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $11.5M | 0.01% |
2,846,798
| – | – |
|
1397
PUT
Hain Celestial
HAIN
$78.9M
| $11.5M | 0.01% |
324,000
+155,500
| +92% | +$6.82M |
|
|
GRMN
1398
PUT
Garmin
GRMN
$55.6B
| $11.5M | 0.01% |
238,400
+120,400
| +102% | +$5.94M |
|
1399
PUT
Banco Bradesco
BBD
$35.4B
| $11.5M | 0.01% |
2,442,725
+831,661
| +52% | +$3.77M |
|
1400
CALL
Toronto Dominion Bank
TD
$197B
| $11.5M | 0.01% |
258,000
-44,500
| -15% | -$1.95M |
|
Similar funds
Jeff Yass's Q3 2016 Portfolio in Review
As of Q3 2016, Jeff Yass held 9,816 positions worth $207B, up 11% from $187B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $7.99B of net new capital in Q3 2016, opening 1,347 new positions and adding to 3,278 existing holdings. Its largest new stake was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
By sector, the portfolio is most concentrated in Consumer Staples at 2.3% of assets, up from 0.28% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Apple, an estimated $762M trimmed.
- Jeff Yass's largest Q3 2016 buy was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
- Jeff Yass added most to Procter & Gamble in Q3 2016, an estimated $4.12B increase.
- Jeff Yass's biggest Q3 2016 reduction was Apple, cutting an estimated $762M.
- Jeff Yass fully exited QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS in Q3 2016, selling an estimated $227M.
- Jeff Yass's ten largest holdings make up 27% of its $207B portfolio in Q3 2016.
- Jeff Yass opened 1,347 new positions and closed 1,488 in Q3 2016.
- Jeff Yass's portfolio value rose 11% quarter-over-quarter to $207B.
Based on Susquehanna International Group's 13F filing for Q3 2016, filed 14 Nov 2016.