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 | |
|---|---|---|---|---|---|---|
1901
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.19B
| $7.14M | ﹤0.01% |
95,258
-4,340
| -4% | -$306K |
|
|
RICE
1902
PUT
DELISTED
Rice Energy Inc.
RICE
| $7.14M | ﹤0.01% |
334,400
-93,100
| -22% | -$2.22M |
|
1903
CALL
Universal Health Services
UHS
$10.5B
| $7.14M | ﹤0.01% |
67,100
+52,100
| +347% | +$6.17M |
|
1904
Invesco Taxable Municipal Bond ETF
BAB
$948M
| $7.13M | ﹤0.01% |
245,265
+230,758
| +1,591% | +$6.91M |
|
|
CY
1905
DELISTED
Cypress Semiconductor
CY
| $7.12M | ﹤0.01% |
622,445
+207,311
| +50% | +$2.27M |
|
|
MNK
1906
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $7.12M | ﹤0.01% |
+142,847
| New | +$8.41M |
|
|
USG
1907
CALL
DELISTED
Usg
USG
| $7.11M | ﹤0.01% |
246,300
-37,400
| -13% | -$1.03M |
|
1908
Cal-Maine
CALM
$3.88B
| $7.11M | ﹤0.01% |
160,831
+116,089
| +259% | +$4.62M |
|
|
VXX
1909
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $7.1M | ﹤0.01% |
69,591
-343,828
| -83% | -$41.2M |
|
1910
Corning
GLW
$132B
| $7.1M | ﹤0.01% |
292,533
+181,333
| +163% | +$4.31M |
|
|
FAZ
1911
Direxion Daily Financial Bear 3x ETF
FAZ
$87.2M
| $7.1M | ﹤0.01% |
817
+628
| +332% | +$6.78M |
|
1912
PUT
Dycom Industries
DY
$9.34B
| $7.1M | ﹤0.01% |
88,400
-39,900
| -31% | -$3.23M |
|
1913
PUT
SL Green Realty
SLG
$4.16B
| $7.1M | ﹤0.01% |
68,179
+9,400
| +16% | +$953K |
|
|
GGP
1914
PUT
DELISTED
GGP Inc.
GGP
| $7.1M | ﹤0.01% |
284,100
-193,900
| -41% | -$4.96M |
|
1915
CALL
Check Point Software Technologies
CHKP
$13.2B
| $7.09M | ﹤0.01% |
84,000
-47,800
| -36% | -$3.92M |
|
|
ZLTQ
1916
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $7.09M | ﹤0.01% |
+162,968
| New | +$6.57M |
|
|
RDS.B
1917
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $7.09M | ﹤0.01% |
122,300
-4,400
| -3% | -$241K |
|
1918
National Healthcare
NHC
$3.53B
| $7.09M | ﹤0.01% |
93,524
+37,975
| +68% | +$2.63M |
|
1919
Occidental Petroleum
OXY
$58.6B
| $7.09M | ﹤0.01% |
+99,516
| New | +$7.07M |
|
1920
PUT
iShares Russell Mid-Cap ETF
IWR
$57.6B
| $7.08M | ﹤0.01% |
158,400
+95,600
| +152% | +$4.18M |
|
|
NSM
1921
CALL
DELISTED
Nationstar Mortgage Holdings
NSM
| $7.08M | ﹤0.01% |
392,200
+118,400
| +43% | +$1.95M |
|
1922
IBM
IBM
$217B
| $7.08M | ﹤0.01% |
+44,605
| New | +$6.79M |
|
1923
PUT
Banco Bradesco
BBD
$35.5B
| $7.08M | ﹤0.01% |
1,569,749
-872,976
| -36% | -$4.09M |
|
1924
CALL
Celanese
CE
$4.91B
| $7.07M | ﹤0.01% |
89,800
-3,100
| -3% | -$233K |
|
1925
PUT
Essex Property Trust
ESS
$18.5B
| $7.07M | ﹤0.01% |
30,400
-14,600
| -32% | -$3.16M |
|
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.