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 | |
|---|---|---|---|---|---|---|
1976
CALL
Sturm, Ruger & Co
RGR
$611M
| $6.23M | ﹤0.01% |
107,900
+13,600
| +14% | +$861K |
|
1977
Radware
RDWR
$1.2B
| $6.22M | ﹤0.01% |
452,604
-28,950
| -6% | -$377K |
|
1978
Newmont
NEM
$139B
| $6.2M | ﹤0.01% |
157,900
| – | – |
|
1979
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.27B
| $6.2M | ﹤0.01% |
22,398
+20,753
| +1,262% | +$5.91M |
|
|
DO
1980
CALL
DELISTED
Diamond Offshore Drilling
DO
| $6.2M | ﹤0.01% |
352,000
+122,900
| +54% | +$2.46M |
|
1981
CALL
Ameriprise Financial
AMP
$49.5B
| $6.2M | ﹤0.01% |
62,100
-36,800
| -37% | -$3.57M |
|
1982
CALL
O'Reilly Automotive
ORLY
$72.4B
| $6.19M | ﹤0.01% |
331,500
-381,000
| -53% | -$7.14M |
|
|
MXIM
1983
PUT
DELISTED
Maxim Integrated Products
MXIM
| $6.19M | ﹤0.01% |
155,000
+97,100
| +168% | +$3.83M |
|
1984
Nexstar Media Group
NXST
$5.72B
| $6.19M | ﹤0.01% |
107,227
+63,503
| +145% | +$3.35M |
|
1985
CALL
Celanese
CE
$4.91B
| $6.18M | ﹤0.01% |
92,900
+49,400
| +114% | +$3.23M |
|
1986
PUT
Papa John's
PZZA
$777M
| $6.17M | ﹤0.01% |
78,300
+8,100
| +12% | +$604K |
|
1987
Axos Financial
AX
$5.56B
| $6.17M | ﹤0.01% |
275,426
+167,509
| +155% | +$3.25M |
|
1988
CALL
iShares Russell 1000 Growth ETF
IWF
$125B
| $6.17M | ﹤0.01% |
236,800
-55,600
| -19% | -$1.45M |
|
1989
CALL
VanEck Biotech ETF
BBH
$472M
| $6.16M | ﹤0.01% |
53,500
-39,200
| -42% | -$4.47M |
|
1990
PUT
Frontline
FRO
$9.17B
| $6.16M | ﹤0.01% |
859,200
+370,200
| +76% | +$2.86M |
|
|
ABMD
1991
PUT
DELISTED
Abiomed Inc
ABMD
| $6.16M | ﹤0.01% |
47,900
+11,000
| +30% | +$1.32M |
|
1992
PUT
Dillards
DDS
$9.87B
| $6.16M | ﹤0.01% |
97,700
-19,000
| -16% | -$1.19M |
|
1993
PUT
SL Green Realty
SLG
$4.16B
| $6.15M | ﹤0.01% |
58,779
+19,731
| +51% | +$2.17M |
|
1994
CALL
Principal Financial Group
PFG
$24B
| $6.15M | ﹤0.01% |
119,400
+52,500
| +78% | +$2.45M |
|
|
LSXMK
1995
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $6.15M | ﹤0.01% |
241,576
-2,933
| -1% | -$74.1K |
|
1996
CALL
Ryder
R
$9.57B
| $6.14M | ﹤0.01% |
93,100
-70,600
| -43% | -$4.62M |
|
1997
CALL
Gogo Inc
GOGO
$386M
| $6.14M | ﹤0.01% |
556,100
+101,100
| +22% | +$1.07M |
|
|
CEMP
1998
CALL
DELISTED
Cempra, Inc.
CEMP
| $6.14M | ﹤0.01% |
253,600
+64,800
| +34% | +$1.39M |
|
1999
Allstate
ALL
$66.2B
| $6.14M | ﹤0.01% |
88,700
-10,722
| -11% | -$738K |
|
|
GRA
2000
PUT
DELISTED
W.R. Grace & Co.
GRA
| $6.13M | ﹤0.01% |
83,100
+16,700
| +25% | +$1.26M |
|
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 $7.99B of net new capital in Q3 2016, opening 1,347 new positions and adding to 3,278 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.