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 | |
|---|---|---|---|---|---|---|
1476
PUT
Cardinal Health
CAH
$55.3B
| $10.8M | 0.01% |
149,500
-393,400
| -72% | -$28.4M |
|
1477
Perrigo
PRGO
$2.01B
| $10.7M | 0.01% |
129,073
-72,936
| -36% | -$6.33M |
|
1478
SLB Ltd
SLB
$79.1B
| $10.7M | 0.01% |
127,886
-29,800
| -19% | -$2.44M |
|
1479
CALL
Vipshop
VIPS
$6.8B
| $10.7M | 0.01% |
973,800
-471,700
| -33% | -$6.1M |
|
1480
CALL
Realty Income
O
$59.5B
| $10.7M | 0.01% |
192,365
-30,857
| -14% | -$1.73M |
|
|
NSR
1481
CALL
DELISTED
Neustar Inc
NSR
| $10.7M | 0.01% |
320,700
+227,900
| +246% | +$6.04M |
|
1482
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $10.7M | 0.01% |
92,400
-8,500
| -8% | -$956K |
|
|
OA
1483
CALL
DELISTED
Orbital ATK, Inc.
OA
| $10.7M | 0.01% |
121,900
+38,900
| +47% | +$3.17M |
|
1484
Acadia Pharmaceuticals
ACAD
$5.27B
| $10.7M | 0.01% |
370,760
+72,103
| +24% | +$1.91M |
|
1485
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$242M
| $10.7M | 0.01% |
1,347
-533
| -28% | -$5.25M |
|
1486
PUT
YPF Sociedad Anonima ADS
YPF
$19.6B
| $10.7M | 0.01% |
647,600
+51,800
| +9% | +$887K |
|
|
AXON
1487
CALL
Axon Enterprise
AXON
$49.8B
| $10.7M | 0.01% |
440,300
-261,900
| -37% | -$6.46M |
|
1488
PUT
Becton Dickinson
BDX
$51.7B
| $10.6M | 0.01% |
65,908
+22,653
| +52% | +$3.76M |
|
1489
CALL
Galicia Financial Group
GGAL
$7.1B
| $10.6M | 0.01% |
395,100
-22,000
| -5% | -$632K |
|
1490
PUT
Annaly Capital Management
NLY
$17.4B
| $10.6M | 0.01% |
266,325
-33,750
| -11% | -$1.37M |
|
|
KATE
1491
CALL
DELISTED
Kate Spade & Company
KATE
| $10.6M | 0.01% |
568,800
+400,900
| +239% | +$6.57M |
|
1492
CALL
PACCAR
PCAR
$68B
| $10.6M | 0.01% |
249,150
-140,700
| -36% | -$5.67M |
|
|
LGF.B
1493
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $10.6M | 0.01% |
+432,474
| New | +$11M |
|
1494
Nexstar Media Group
NXST
$5.83B
| $10.6M | 0.01% |
167,601
+60,374
| +56% | +$3.46M |
|
1495
CALL
Williams-Sonoma
WSM
$27.6B
| $10.6M | 0.01% |
438,400
-6,400
| -1% | -$163K |
|
1496
CALL
Marvell Technology
MRVL
$216B
| $10.6M | 0.01% |
763,800
-222,500
| -23% | -$3.03M |
|
1497
CALL
Mettler-Toledo International
MTD
$28.1B
| $10.6M | 0.01% |
25,300
+14,100
| +126% | +$5.87M |
|
|
CSOD
1498
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $10.6M | 0.01% |
250,100
+163,900
| +190% | +$6.5M |
|
1499
CALL
Masco
MAS
$14.4B
| $10.6M | 0.01% |
334,400
-354,900
| -51% | -$11.4M |
|
1500
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
| $10.6M | 0.01% |
+490,029
| New | +$11M |
|
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.