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 | |
|---|---|---|---|---|---|---|
|
WLH
1951
CALL
DELISTED
WILLIAM LYON HOMES
WLH
| $6.92M | ﹤0.01% |
363,500
+247,400
| +213% | +$4.69M |
|
1952
Littelfuse
LFUS
$10.6B
| $6.91M | ﹤0.01% |
45,551
+23,574
| +107% | +$3.36M |
|
|
RAI
1953
DELISTED
Reynolds American Inc
RAI
| $6.91M | ﹤0.01% |
123,317
+113,617
| +1,171% | +$6.03M |
|
|
XYZ
1954
PUT
Block Inc
XYZ
$49.9B
| $6.91M | ﹤0.01% |
507,000
+140,700
| +38% | +$1.75M |
|
|
LOCK
1955
CALL
DELISTED
LifeLock, Inc.
LOCK
| $6.91M | ﹤0.01% |
288,900
+38,100
| +15% | +$775K |
|
1956
Curtiss-Wright
CW
$22.9B
| $6.91M | ﹤0.01% |
70,230
+37,830
| +117% | +$3.6M |
|
1957
Southwest Gas
SWX
$6.56B
| $6.9M | ﹤0.01% |
90,071
+75,871
| +534% | +$5.48M |
|
|
GPT
1958
DELISTED
Gramercy Property Trust
GPT
| $6.89M | ﹤0.01% |
+250,304
| New | +$6.68M |
|
1959
HP
HPQ
$27.9B
| $6.89M | ﹤0.01% |
464,415
+342,143
| +280% | +$5.18M |
|
1960
Schwab International Small-Cap Equity ETF
SCHC
$5.77B
| $6.89M | ﹤0.01% |
+236,841
| New | +$7M |
|
|
WFT
1961
PUT
DELISTED
Weatherford International plc
WFT
| $6.88M | ﹤0.01% |
1,379,500
+14,400
| +1% | +$75.3K |
|
1962
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.9B
| $6.88M | ﹤0.01% |
151,076
+100,304
| +198% | +$4.42M |
|
|
MSCC
1963
PUT
DELISTED
Microsemi Corp
MSCC
| $6.88M | ﹤0.01% |
127,400
+85,800
| +206% | +$4.19M |
|
1964
Las Vegas Sands
LVS
$29.9B
| $6.87M | ﹤0.01% |
+128,703
| New | +$7.5M |
|
|
KITE
1965
CALL
DELISTED
Kite Pharma, Inc.
KITE
| $6.87M | ﹤0.01% |
153,300
-122,500
| -44% | -$6.01M |
|
1966
CALL
Nutanix
NTNX
$17.7B
| $6.86M | ﹤0.01% |
+258,200
| New | +$7.7M |
|
1967
Integra LifeSciences
IART
$1.31B
| $6.86M | ﹤0.01% |
159,844
+123,356
| +338% | +$5.01M |
|
1968
CALL
Blackstone Mortgage Trust
BXMT
$2.35B
| $6.86M | ﹤0.01% |
228,000
+125,300
| +122% | +$3.73M |
|
1969
LCI Industries
LCII
$2.5B
| $6.85M | ﹤0.01% |
63,611
+60,811
| +2,172% | +$6.05M |
|
1970
CALL
TC Energy
TRP
$65.5B
| $6.85M | ﹤0.01% |
151,800
-32,200
| -18% | -$1.46M |
|
1971
PUT
Ventas
VTR
$48B
| $6.85M | ﹤0.01% |
109,600
-39,200
| -26% | -$2.48M |
|
1972
PUT
Restaurant Brands International
QSR
$27.6B
| $6.85M | ﹤0.01% |
143,700
-40,500
| -22% | -$1.87M |
|
1973
PUT
Apollo Global Management
APO
$78.9B
| $6.84M | ﹤0.01% |
353,400
-6,800
| -2% | -$128K |
|
1974
PUT
Expeditors International
EXPD
$24.7B
| $6.84M | ﹤0.01% |
129,100
-82,400
| -39% | -$4.3M |
|
|
STRP
1975
CALL
DELISTED
Straight Path Communications Inc.
STRP
| $6.83M | ﹤0.01% |
201,400
+16,900
| +9% | +$466K |
|
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.