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 | |
|---|---|---|---|---|---|---|
1701
PUT
Altisource Portfolio Solutions
ASPS
$62.6M
| $8.48M | ﹤0.01% |
39,888
+1,200
| +3% | +$268K |
|
1702
PUT
JetBlue
JBLU
$1.92B
| $8.48M | ﹤0.01% |
378,400
-445,100
| -54% | -$8.79M |
|
1703
CALL
Polaris
PII
$3.62B
| $8.47M | ﹤0.01% |
102,800
-125,700
| -55% | -$10.3M |
|
1704
CALL
Cincinnati Financial
CINF
$26.3B
| $8.47M | ﹤0.01% |
111,800
+70,100
| +168% | +$5.21M |
|
|
XEC
1705
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $8.47M | ﹤0.01% |
62,300
+14,000
| +29% | +$1.87M |
|
1706
CALL
Snap-on
SNA
$20.4B
| $8.46M | ﹤0.01% |
49,400
-4,000
| -7% | -$651K |
|
1707
PUT
Idexx Laboratories
IDXX
$43.3B
| $8.46M | ﹤0.01% |
72,100
+6,600
| +10% | +$753K |
|
|
HIMX
1708
Himax Technologies
HIMX
$2.38B
| $8.44M | ﹤0.01% |
1,397,653
+454,393
| +48% | +$3.43M |
|
1709
CALL
State Street Technology Select Sector SPDR ETF
XLK
$119B
| $8.42M | ﹤0.01% |
348,400
-1,866,400
| -84% | -$44.5M |
|
1710
Radian Group
RDN
$4.87B
| $8.42M | ﹤0.01% |
+468,222
| New | +$7.03M |
|
|
SAVE
1711
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $8.42M | ﹤0.01% |
145,500
-79,700
| -35% | -$4.11M |
|
1712
PUT
Factset
FDS
$10.5B
| $8.42M | ﹤0.01% |
51,500
-64,200
| -55% | -$10.2M |
|
1713
Hope Bancorp
HOPE
$1.77B
| $8.41M | ﹤0.01% |
384,300
+212,597
| +124% | +$4.02M |
|
1714
PUT
Sanofi
SNY
$110B
| $8.41M | ﹤0.01% |
207,900
-4,400
| -2% | -$173K |
|
1715
iShares Government/Credit Bond ETF
GBF
$128M
| $8.4M | ﹤0.01% |
74,989
+39,964
| +114% | +$4.55M |
|
|
LCI
1716
PUT
DELISTED
Lannett Company, Inc.
LCI
| $8.4M | ﹤0.01% |
95,200
+12,725
| +15% | +$1.17M |
|
1717
PUT
Synaptics
SYNA
$3.71B
| $8.38M | ﹤0.01% |
156,400
+14,800
| +10% | +$856K |
|
1718
InterContinental Hotels
IHG
$24.1B
| $8.38M | ﹤0.01% |
+171,873
| New | +$7.77M |
|
1719
Public Storage
PSA
$60.3B
| $8.36M | ﹤0.01% |
37,410
+29,910
| +399% | +$6.36M |
|
1720
CALL
VeriSign
VRSN
$26.6B
| $8.36M | ﹤0.01% |
109,900
-65,100
| -37% | -$5.15M |
|
1721
CALL
Precigen
PGEN
$2.61B
| $8.36M | ﹤0.01% |
347,096
-236,207
| -40% | -$6.58M |
|
|
ENDP
1722
DELISTED
Endo International plc
ENDP
| $8.34M | ﹤0.01% |
506,520
-336,824
| -40% | -$5.93M |
|
1723
iShares MSCI Taiwan ETF
EWT
$11.4B
| $8.34M | ﹤0.01% |
283,918
+24,777
| +10% | +$762K |
|
1724
State Street DoubleLine Total Return Tactical ETF
TOTL
$4.01B
| $8.34M | ﹤0.01% |
+172,328
| New | +$8.48M |
|
1725
PUT
M&T Bank
MTB
$34.7B
| $8.34M | ﹤0.01% |
53,300
+28,400
| +114% | +$3.84M |
|
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.