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 | |
|---|---|---|---|---|---|---|
1401
PUT
Cemex
CX
$15.9B
| $11.8M | 0.01% |
1,525,796
-98,006
| -6% | -$779K |
|
|
SYT
1402
DELISTED
Syngenta Ag
SYT
| $11.8M | 0.01% |
149,019
-110,643
| -43% | -$8.91M |
|
1403
CALL
Boston Beer
SAM
$1.95B
| $11.8M | 0.01% |
69,300
-43,800
| -39% | -$7.25M |
|
1404
CALL
TripAdvisor
TRIP
$1.18B
| $11.7M | 0.01% |
252,900
-205,800
| -45% | -$11.3M |
|
|
HK
1405
DELISTED
Halcon Resources Corporation
HK
| $11.7M | 0.01% |
1,253,208
-263,368
| -17% | -$2.48M |
|
1406
CALL
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $11.7M | 0.01% |
106,733
-11,667
| -10% | -$1.27M |
|
1407
PUT
State Street
STT
$53B
| $11.7M | 0.01% |
150,000
+13,300
| +10% | +$1M |
|
|
FITB
1408
CALL
Fifth Third Bancorp
FITB
$49.8B
| $11.7M | 0.01% |
432,000
-188,000
| -30% | -$4.51M |
|
1409
CALL
HP
HPQ
$27B
| $11.6M | 0.01% |
784,600
-2,910,700
| -79% | -$44.1M |
|
|
NS
1410
CALL
DELISTED
NuStar Energy L.P.
NS
| $11.6M | 0.01% |
233,600
+55,400
| +31% | +$2.64M |
|
1411
PUT
Vulcan Materials
VMC
$35.5B
| $11.6M | 0.01% |
92,900
+34,900
| +60% | +$4.22M |
|
|
INVN
1412
PUT
DELISTED
Invensense Inc
INVN
| $11.6M | 0.01% |
907,300
-2,939,700
| -76% | -$25.1M |
|
1413
PUT
American Eagle Outfitters
AEO
$2.8B
| $11.6M | 0.01% |
763,500
+564,700
| +284% | +$9.66M |
|
1414
iShares MSCI South Korea ETF
EWY
$28B
| $11.6M | 0.01% |
+217,615
| New | +$11.9M |
|
1415
BHP
BHP
$251B
| $11.6M | 0.01% |
362,298
+96,509
| +36% | +$3.12M |
|
1416
PUT
Deckers Outdoor
DECK
$12.1B
| $11.5M | 0.01% |
1,250,400
-438,000
| -26% | -$4.22M |
|
1417
CALL
ProShares Ultra QQQ
QLD
$13.8B
| $11.5M | 0.01% |
2,142,400
-8,116,800
| -79% | -$43.3M |
|
1418
CALL
Textron
TXT
$14.1B
| $11.5M | 0.01% |
237,400
-22,100
| -9% | -$963K |
|
1419
CALL
Bread Financial
BFH
$4.14B
| $11.5M | 0.01% |
63,151
-28,945
| -31% | -$5.04M |
|
1420
CALL
Twilio
TWLO
$34.4B
| $11.5M | 0.01% |
399,100
+30,100
| +8% | +$1.13M |
|
|
PDCE
1421
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $11.5M | 0.01% |
158,500
+32,000
| +25% | +$2.2M |
|
|
LL
1422
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $11.5M | 0.01% |
730,100
-11,400
| -2% | -$199K |
|
1423
CALL
ProShares UltraPro S&P 500
UPRO
$5.5B
| $11.5M | 0.01% |
841,800
+354,600
| +73% | +$4.47M |
|
1424
PUT
Cboe Global Markets
CBOE
$32.3B
| $11.5M | 0.01% |
155,100
+22,800
| +17% | +$1.57M |
|
1425
CALL
Northern Trust
NTRS
$34.2B
| $11.4M | 0.01% |
128,400
-17,500
| -12% | -$1.39M |
|
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.