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 | |
|---|---|---|---|---|---|---|
1976
CALL
NGL Energy Partners
NGL
$2.15B
| $6.83M | ﹤0.01% |
325,100
+106,500
| +49% | +$2.01M |
|
1977
PUT
iShares Semiconductor ETF
SOXX
$42B
| $6.82M | ﹤0.01% |
166,800
-28,500
| -15% | -$1.1M |
|
1978
CALL
ProShares Ultra Real Estate
URE
$57.7M
| $6.82M | ﹤0.01% |
119,400
+101,200
| +556% | +$5.55M |
|
1979
Encompass Health
EHC
$11.9B
| $6.82M | ﹤0.01% |
207,780
+98,896
| +91% | +$3.21M |
|
|
SGYP
1980
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $6.81M | ﹤0.01% |
1,118,822
+766,468
| +218% | +$4.01M |
|
|
XYZ
1981
Block Inc
XYZ
$49.9B
| $6.8M | ﹤0.01% |
499,022
+432,014
| +645% | +$5.38M |
|
|
BPL
1982
PUT
DELISTED
Buckeye Partners, L.P.
BPL
| $6.8M | ﹤0.01% |
102,800
+33,400
| +48% | +$2.2M |
|
1983
Fortinet
FTNT
$116B
| $6.77M | ﹤0.01% |
+1,124,530
| New | +$7.03M |
|
1984
Emcor
EME
$33.7B
| $6.76M | ﹤0.01% |
95,586
+65,186
| +214% | +$4.27M |
|
|
SRCL
1985
CALL
DELISTED
Stericycle Inc
SRCL
| $6.76M | ﹤0.01% |
87,800
+6,900
| +9% | +$521K |
|
1986
Valero Energy
VLO
$100B
| $6.74M | ﹤0.01% |
98,700
+51,200
| +108% | +$3.15M |
|
|
BOBE
1987
CALL
DELISTED
Bob Evans Farms, Inc.
BOBE
| $6.74M | ﹤0.01% |
126,700
+63,300
| +100% | +$2.85M |
|
1988
CALL
Ovintiv
OVV
$17.8B
| $6.73M | ﹤0.01% |
114,640
+36,500
| +47% | +$2.08M |
|
1989
Old National Bancorp
ONB
$9.86B
| $6.72M | ﹤0.01% |
370,085
+140,988
| +62% | +$2.27M |
|
|
PACW
1990
CALL
DELISTED
PacWest Bancorp
PACW
| $6.71M | ﹤0.01% |
123,300
+51,300
| +71% | +$2.48M |
|
1991
Digital Realty Trust
DLR
$71.8B
| $6.71M | ﹤0.01% |
+68,300
| New | +$6.35M |
|
|
JKS
1992
CALL
JinkoSolar
JKS
$715M
| $6.71M | ﹤0.01% |
440,600
-40,500
| -8% | -$621K |
|
|
TIVO
1993
DELISTED
Tivo Inc
TIVO
| $6.71M | ﹤0.01% |
320,946
+198,386
| +162% | +$4.03M |
|
1994
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$721M
| $6.7M | ﹤0.01% |
10,695
-12,060
| -53% | -$9.06M |
|
1995
CALL
Strategy Inc
MSTR
$48.9B
| $6.69M | ﹤0.01% |
339,000
+197,000
| +139% | +$3.73M |
|
1996
PUT
Core Laboratories
CLB
$550M
| $6.69M | ﹤0.01% |
55,700
-166,300
| -75% | -$18.4M |
|
|
NSR
1997
DELISTED
Neustar Inc
NSR
| $6.68M | ﹤0.01% |
+200,151
| New | +$5.3M |
|
1998
Boston Properties
BXP
$11.2B
| $6.67M | ﹤0.01% |
53,017
+25,817
| +95% | +$3.21M |
|
|
NUVA
1999
DELISTED
NuVasive, Inc.
NUVA
| $6.64M | ﹤0.01% |
+98,554
| New | +$6.35M |
|
|
UNIT
2000
CALL
Uniti Group
UNIT
$2.47B
| $6.63M | ﹤0.01% |
261,100
+88,300
| +51% | +$2.38M |
|
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.