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 | |
|---|---|---|---|---|---|---|
2051
Heron Therapeutics
HRTX
$59.3M
| $6.37M | ﹤0.01% |
485,927
+321,445
| +195% | +$5.04M |
|
2052
CALL
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.9B
| $6.36M | ﹤0.01% |
139,600
-16,800
| -11% | -$740K |
|
2053
CALL
Lands' End
LE
$374M
| $6.35M | ﹤0.01% |
418,900
+105,300
| +34% | +$1.72M |
|
2054
Assured Guaranty
AGO
$3.34B
| $6.34M | ﹤0.01% |
167,932
| – | – |
|
|
COR
2055
DELISTED
Coresite Realty Corporation
COR
| $6.34M | ﹤0.01% |
79,907
+51,593
| +182% | +$3.8M |
|
2056
iShares US Healthcare ETF
IYH
$3.8B
| $6.33M | ﹤0.01% |
219,705
+68,775
| +46% | +$1.99M |
|
|
LOCK
2057
PUT
DELISTED
LifeLock, Inc.
LOCK
| $6.33M | ﹤0.01% |
264,700
+26,600
| +11% | +$541K |
|
2058
CALL
Cheniere Energy
CQP
$33.2B
| $6.32M | ﹤0.01% |
219,200
-3,300
| -1% | -$93.6K |
|
2059
PUT
El Pollo Loco
LOCO
$476M
| $6.3M | ﹤0.01% |
512,600
-22,100
| -4% | -$273K |
|
|
2060
CALL
Heron Therapeutics
HRTX
$59.3M
| $6.3M | ﹤0.01% |
480,700
+158,500
| +49% | +$2.49M |
|
|
VER
2061
PUT
DELISTED
VEREIT, Inc.
VER
| $6.29M | ﹤0.01% |
148,820
+64,780
| +77% | +$2.87M |
|
|
BWLD
2062
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $6.29M | ﹤0.01% |
40,742
+11,704
| +40% | +$1.82M |
|
2063
PUT
ProShares Ultra Silver
AGQ
$1.6B
| $6.29M | ﹤0.01% |
196,000
+15,400
| +9% | +$583K |
|
2064
CALL
Edgewell Personal Care
EPC
$1.32B
| $6.28M | ﹤0.01% |
86,100
-157,100
| -65% | -$12.1M |
|
2065
Lumentum
LITE
$84.2B
| $6.28M | ﹤0.01% |
162,576
-33,466
| -17% | -$1.33M |
|
|
DCP
2066
CALL
DELISTED
DCP Midstream, LP
DCP
| $6.28M | ﹤0.01% |
163,600
-34,100
| -17% | -$1.19M |
|
|
COHR
2067
CALL
DELISTED
Coherent Inc
COHR
| $6.28M | ﹤0.01% |
45,700
+3,400
| +8% | +$414K |
|
2068
iShares US Treasury Bond ETF
GOVT
$44.4B
| $6.27M | ﹤0.01% |
251,628
+233,256
| +1,270% | +$5.91M |
|
2069
CALL
Nokia
NOK
$58.1B
| $6.27M | ﹤0.01% |
1,303,500
+978,800
| +301% | +$4.61M |
|
|
CTB
2070
DELISTED
Cooper Tire & Rubber Co.
CTB
| $6.26M | ﹤0.01% |
161,191
+101,267
| +169% | +$3.81M |
|
2071
Teledyne Technologies
TDY
$29.4B
| $6.26M | ﹤0.01% |
+50,866
| New | +$5.88M |
|
2072
CF Industries
CF
$19B
| $6.26M | ﹤0.01% |
198,742
-313,080
| -61% | -$8.42M |
|
|
TRCO
2073
CALL
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $6.25M | ﹤0.01% |
178,700
+128,800
| +258% | +$4.4M |
|
2074
CALL
Markel Group
MKL
$22.5B
| $6.24M | ﹤0.01% |
6,900
-1,200
| -15% | -$1.07M |
|
|
SLY
2075
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $6.23M | ﹤0.01% |
103,140
+47,764
| +86% | +$2.76M |
|
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.