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 | |
|---|---|---|---|---|---|---|
|
MIC
2076
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $6.23M | ﹤0.01% |
76,200
+12,700
| +20% | +$1.04M |
|
2077
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$831M
| $6.22M | ﹤0.01% |
426,670
+191,300
| +81% | +$2.83M |
|
|
SNV
2078
CALL
DELISTED
Synovus
SNV
| $6.22M | ﹤0.01% |
151,500
+108,700
| +254% | +$4M |
|
2079
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$351M
| $6.22M | ﹤0.01% |
241,195
+20,685
| +9% | +$517K |
|
|
SPLS
2080
DELISTED
Staples Inc
SPLS
| $6.21M | ﹤0.01% |
686,610
+262,882
| +62% | +$2.29M |
|
2081
iShares MSCI ACWI ex US ETF
ACWX
$12.5B
| $6.21M | ﹤0.01% |
154,252
+134,114
| +666% | +$5.43M |
|
2082
East-West Bancorp
EWBC
$17.9B
| $6.21M | ﹤0.01% |
122,161
| – | – |
|
2083
PRA Group
PRAA
$732M
| $6.21M | ﹤0.01% |
158,777
+63,642
| +67% | +$2.17M |
|
|
LUMO
2084
CALL
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $6.21M | ﹤0.01% |
67,100
+13,800
| +26% | +$1.56M |
|
2085
CALL
Icon
ICLR
$13B
| $6.2M | ﹤0.01% |
82,500
+11,400
| +16% | +$885K |
|
2086
CALL
Agios Pharmaceuticals
AGIO
$2.03B
| $6.2M | ﹤0.01% |
148,600
-16,700
| -10% | -$876K |
|
|
LGF.A
2087
PUT
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $6.19M | ﹤0.01% |
+230,200
| New | +$6.23M |
|
2088
CALL
AGCO
AGCO
$7.81B
| $6.19M | ﹤0.01% |
107,000
+13,800
| +15% | +$746K |
|
2089
CALL
iShares National Muni Bond ETF
MUB
$45.6B
| $6.19M | ﹤0.01% |
57,200
+50,900
| +808% | +$5.57M |
|
2090
CALL
Cemex
CX
$15.8B
| $6.18M | ﹤0.01% |
800,122
+62,591
| +8% | +$497K |
|
2091
CALL
AngloGold Ashanti
AU
$59.7B
| $6.17M | ﹤0.01% |
587,000
-45,700
| -7% | -$554K |
|
2092
PUT
NetApp
NTAP
$38B
| $6.16M | ﹤0.01% |
174,700
+43,300
| +33% | +$1.52M |
|
2093
Invesco DB Oil Fund
DBO
$254M
| $6.16M | ﹤0.01% |
635,806
+579,322
| +1,026% | +$5.23M |
|
2094
CVR Energy
CVI
$4.02B
| $6.15M | ﹤0.01% |
242,064
+91,564
| +61% | +$1.59M |
|
|
MDP
2095
DELISTED
Meredith Corporation
MDP
| $6.14M | ﹤0.01% |
+103,885
| New | +$5.45M |
|
|
GNC
2096
PUT
DELISTED
GNC Holdings, Inc.
GNC
| $6.13M | ﹤0.01% |
555,600
+149,700
| +37% | +$2.34M |
|
2097
PUT
Olin
OLN
$2B
| $6.13M | ﹤0.01% |
239,500
-177,800
| -43% | -$4.22M |
|
2098
CALL
Wayfair
W
$14.2B
| $6.13M | ﹤0.01% |
174,800
-175,300
| -50% | -$6.3M |
|
2099
Vanguard Total World Stock ETF
VT
$81.1B
| $6.12M | ﹤0.01% |
100,361
-135,731
| -57% | -$8.2M |
|
|
ISIL
2100
DELISTED
Intersil Corp
ISIL
| $6.12M | ﹤0.01% |
274,490
+222,417
| +427% | +$4.93M |
|
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.