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 |
Procter & Gamble
PG
|
+$4.12B |
| 2 |
Gilead Sciences
GILD
|
+$379M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$286M |
| 4 |
Amazon
AMZN
|
+$271M |
| 5 |
Meta Platforms (Facebook)
META
|
+$266M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$762M |
| 2 |
SPDR Gold Trust
GLD
|
+$410M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$400M |
| 4 |
QIHU
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
|
+$227M |
| 5 |
Synchrony
SYF
|
+$195M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 2.31% |
| 2 | Technology | 1.26% |
| 3 | Financials | 1.12% |
| 4 | Healthcare | 1.04% |
| 5 | Consumer Discretionary | 0.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
176
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $188M | 0.09% |
868,336
-1,848,464
| -68% | -$400M |
|
177
PUT
Home Depot
HD
$335B
| $187M | 0.09% |
1,450,200
-29,900
| -2% | -$3.98M |
|
178
PUT
Caterpillar
CAT
$381B
| $186M | 0.09% |
2,099,100
-650,200
| -24% | -$53.2M |
|
179
PUT
Western Digital
WDC
$166B
| $186M | 0.09% |
4,208,860
-24,343
| -0.6% | -$917K |
|
|
MON
180
DELISTED
Monsanto Co
MON
| $184M | 0.09% |
1,799,361
+1,035,586
| +136% | +$109M |
|
181
CALL
Cisco
CSCO
$438B
| $183M | 0.09% |
5,769,700
-2,674,100
| -32% | -$82.3M |
|
182
Petrobras Class A
PBR.A
$111B
| $182M | 0.09% |
21,946,309
+168,999
| +0.8% | +$1.27M |
|
183
Wells Fargo
WFC
$254B
| $182M | 0.09% |
4,114,905
+3,014,156
| +274% | +$144M |
|
184
CALL
Target
TGT
$75.1B
| $182M | 0.09% |
2,651,500
+5,000
| +0.2% | +$358K |
|
185
PUT
Eli Lilly
LLY
$1.12T
| $182M | 0.09% |
2,266,000
+366,900
| +19% | +$29.4M |
|
186
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $182M | 0.09% |
+1,474,039
| New | +$182M |
|
187
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $181M | 0.09% |
2,473,700
-561,600
| -19% | -$37.6M |
|
188
PUT
Blackstone
BX
$108B
| $181M | 0.09% |
7,081,400
+27,700
| +0.4% | +$731K |
|
189
PUT
Herbalife
HLF
$1.33B
| $178M | 0.09% |
5,741,000
-66,600
| -1% | -$2.1M |
|
190
CALL
General Motors
GM
$77.2B
| $177M | 0.09% |
5,582,200
+1,095,900
| +24% | +$34.2M |
|
191
CALL
Micron Technology
MU
$1.09T
| $175M | 0.08% |
9,864,600
-2,659,700
| -21% | -$40.6M |
|
|
LNKD
192
PUT
DELISTED
LinkedIn Corporation
LNKD
| $174M | 0.08% |
912,600
-170,900
| -16% | -$32.8M |
|
193
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $172M | 0.08% |
3,230,300
+360,200
| +13% | +$19.6M |
|
194
CALL
Costco
COST
$420B
| $172M | 0.08% |
1,125,800
+24,300
| +2% | +$3.93M |
|
195
CALL
PepsiCo
PEP
$196B
| $172M | 0.08% |
1,577,000
-17,700
| -1% | -$1.91M |
|
196
PUT
Comcast
CMCSA
$95.3B
| $169M | 0.08% |
5,101,400
+2,328,600
| +84% | +$77.5M |
|
|
X
197
PUT
DELISTED
US Steel
X
| $168M | 0.08% |
8,922,000
+2,857,900
| +47% | +$59M |
|
198
PUT
BP
BP
$115B
| $168M | 0.08% |
5,665,683
-535,774
| -9% | -$15.5M |
|
|
YHOO
199
PUT
DELISTED
Yahoo Inc
YHOO
| $167M | 0.08% |
3,869,600
-2,511,400
| -39% | -$103M |
|
200
PUT
Salesforce
CRM
$171B
| $167M | 0.08% |
2,335,700
+951,700
| +69% | +$74.2M |
|
Similar funds
Jeff Yass's Q3 2016 Portfolio in Review
As of Q3 2016, Jeff Yass held 9,816 positions worth $207B, up 11% from $187B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jeff Yass deployed $7.57B of net new capital in Q3 2016, opening 1,347 new positions and adding to 3,275 existing holdings. Its largest new stake was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
By sector, the portfolio is most concentrated in Consumer Staples at 2.3% of assets, up from 0.28% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Apple, an estimated $762M trimmed.
- Jeff Yass's largest Q3 2016 buy was Bristol-Myers Squibb: 4,459,411 shares worth $240M.
- Jeff Yass added most to Procter & Gamble in Q3 2016, an estimated $4.12B increase.
- Jeff Yass's biggest Q3 2016 reduction was Apple, cutting an estimated $762M.
- Jeff Yass fully exited QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS in Q3 2016, selling an estimated $227M.
- Jeff Yass's ten largest holdings make up 27% of its $207B portfolio in Q3 2016.
- Jeff Yass opened 1,347 new positions and closed 1,488 in Q3 2016.
- Jeff Yass's portfolio value rose 11% quarter-over-quarter to $207B.
Based on Susquehanna International Group's 13F filing for Q3 2016, filed 14 Nov 2016.