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 | |
|---|---|---|---|---|---|---|
1626
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $9.17M | ﹤0.01% |
83,867
-21,000
| -20% | -$2.29M |
|
|
NUAN
1627
PUT
DELISTED
Nuance Communications, Inc.
NUAN
| $9.16M | ﹤0.01% |
710,325
+46,777
| +7% | +$602K |
|
1628
First Majestic Silver
AG
$10.5B
| $9.15M | ﹤0.01% |
1,198,636
-183,762
| -13% | -$1.53M |
|
1629
CALL
Southern Copper
SCCO
$186B
| $9.14M | ﹤0.01% |
312,541
+41,046
| +15% | +$1.14M |
|
|
SWN
1630
DELISTED
Southwestern Energy Company
SWN
| $9.14M | ﹤0.01% |
844,411
+711,835
| +537% | +$8.15M |
|
1631
CALL
Bank OZK
OZK
$5.36B
| $9.12M | ﹤0.01% |
173,500
+72,900
| +72% | +$3.25M |
|
1632
Aflac
AFL
$58.2B
| $9.12M | ﹤0.01% |
262,000
| – | – |
|
|
KATE
1633
DELISTED
Kate Spade & Company
KATE
| $9.11M | ﹤0.01% |
487,965
+403,984
| +481% | +$6.62M |
|
1634
Hancock Whitney
HWC
$5.99B
| $9.11M | ﹤0.01% |
211,301
+106,670
| +102% | +$4.06M |
|
1635
CALL
ProShares VIX Short-Term Futures ETF
VIXY
$220M
| $9.1M | ﹤0.01% |
1,338
+394
| +42% | +$3.15M |
|
|
SRG
1636
Seritage Growth Properties
SRG
$119M
| $9.1M | ﹤0.01% |
+213,101
| New | +$9.92M |
|
1637
Royal Gold
RGLD
$22.7B
| $9.08M | ﹤0.01% |
143,384
+116,133
| +426% | +$7.91M |
|
1638
CALL
Vail Resorts
MTN
$5.27B
| $9.08M | ﹤0.01% |
56,300
+37,200
| +195% | +$5.91M |
|
1639
CALL
W.W. Grainger
GWW
$61.3B
| $9.08M | ﹤0.01% |
39,100
-9,900
| -20% | -$2.21M |
|
|
NVRO
1640
CALL
DELISTED
NEVRO CORP.
NVRO
| $9.07M | ﹤0.01% |
124,900
+58,300
| +88% | +$4.99M |
|
1641
TE Connectivity
TEL
$58.3B
| $9.06M | ﹤0.01% |
130,849
+97,949
| +298% | +$6.49M |
|
1642
Thermo Fisher Scientific
TMO
$232B
| $9.06M | ﹤0.01% |
64,233
+57,033
| +792% | +$8.41M |
|
1643
PUT
Toll Brothers
TOL
$13.9B
| $9.06M | ﹤0.01% |
292,300
+28,200
| +11% | +$836K |
|
1644
CALL
MBIA
MBI
$250M
| $9.06M | ﹤0.01% |
846,600
-37,400
| -4% | -$345K |
|
1645
CALL
Thor Industries
THO
$4.14B
| $9.05M | ﹤0.01% |
90,500
-28,000
| -24% | -$2.53M |
|
1646
CALL
Citizens Financial Group
CFG
$29.4B
| $9.05M | ﹤0.01% |
254,100
+82,700
| +48% | +$2.51M |
|
1647
CALL
United Therapeutics
UTHR
$22.2B
| $9.04M | ﹤0.01% |
63,000
+3,000
| +5% | +$383K |
|
1648
CALL
Group 1 Automotive
GPI
$3.16B
| $9.03M | ﹤0.01% |
115,900
+28,400
| +32% | +$1.95M |
|
|
CRC
1649
PUT
DELISTED
California Resources Corporation
CRC
| $9.03M | ﹤0.01% |
424,000
-13,900
| -3% | -$204K |
|
1650
PUT
Murphy Oil
MUR
$4.96B
| $9.02M | ﹤0.01% |
289,800
+123,800
| +75% | +$3.75M |
|
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.