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 | |
|---|---|---|---|---|---|---|
2101
PUT
DaVita
DVA
$11.5B
| $6.12M | ﹤0.01% |
95,300
-115,400
| -55% | -$7.19M |
|
2102
CNO Financial Group
CNO
$5.06B
| $6.11M | ﹤0.01% |
+319,264
| New | +$5.49M |
|
|
NBL
2103
PUT
DELISTED
Noble Energy, Inc.
NBL
| $6.1M | ﹤0.01% |
160,300
-187,300
| -54% | -$6.97M |
|
2104
PUT
Centene
CNC
$32.3B
| $6.1M | ﹤0.01% |
215,800
+33,800
| +19% | +$997K |
|
2105
PUT
Burlington
BURL
$19.8B
| $6.09M | ﹤0.01% |
71,900
-12,300
| -15% | -$993K |
|
|
ESV
2106
CALL
DELISTED
Ensco Rowan plc
ESV
| $6.09M | ﹤0.01% |
156,650
+89,925
| +135% | +$3.22M |
|
2107
Amphenol
APH
$199B
| $6.09M | ﹤0.01% |
362,360
+68,760
| +23% | +$1.15M |
|
2108
State Street SPDR S&P Metals & Mining ETF
XME
$4.81B
| $6.08M | ﹤0.01% |
200,000
-37,140
| -16% | -$1.07M |
|
2109
Chevron
CVX
$393B
| $6.07M | ﹤0.01% |
51,567
-54,659
| -51% | -$5.95M |
|
2110
Ziff Davis
ZD
$1.91B
| $6.06M | ﹤0.01% |
+85,237
| New | +$5.42M |
|
2111
PUT
Microchip Technology
MCHP
$40.2B
| $6.06M | ﹤0.01% |
189,000
-77,000
| -29% | -$2.42M |
|
2112
Idacorp
IDA
$7.99B
| $6.06M | ﹤0.01% |
75,180
+60,380
| +408% | +$4.65M |
|
|
TERP
2113
DELISTED
TerraForm Power, Inc
TERP
| $6.06M | ﹤0.01% |
472,778
+112,514
| +31% | +$1.46M |
|
2114
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$322M
| $6.05M | ﹤0.01% |
228,800
+127,800
| +127% | +$3.3M |
|
2115
CALL
Pacira BioSciences
PCRX
$1.03B
| $6.05M | ﹤0.01% |
187,200
+2,300
| +1% | +$76.8K |
|
|
PRA
2116
DELISTED
ProAssurance
PRA
| $6.04M | ﹤0.01% |
107,551
+43,876
| +69% | +$2.43M |
|
2117
PUT
Edgewell Personal Care
EPC
$1.32B
| $6.04M | ﹤0.01% |
82,700
-17,900
| -18% | -$1.38M |
|
|
FRGI
2118
PUT
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $6.04M | ﹤0.01% |
202,200
-90,700
| -31% | -$2.52M |
|
2119
PUT
Ashland
ASH
$3.4B
| $6.03M | ﹤0.01% |
112,829
-73,993
| -40% | -$4.06M |
|
|
PSXP
2120
PUT
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $6.03M | ﹤0.01% |
123,900
+61,700
| +99% | +$2.84M |
|
2121
Cigna
CI
$74.2B
| $6.03M | ﹤0.01% |
+45,173
| New | +$5.91M |
|
2122
PUT
U-Haul Holding Co
UHAL
$13.4B
| $6.02M | ﹤0.01% |
163,000
-51,000
| -24% | -$1.75M |
|
|
TVPT
2123
DELISTED
Travelport Worldwide Limited
TVPT
| $6.02M | ﹤0.01% |
427,225
+371,525
| +667% | +$5.17M |
|
2124
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$668M
| $6.02M | ﹤0.01% |
5,396
-969
| -15% | -$1.72M |
|
|
AZPN
2125
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $6.02M | ﹤0.01% |
+110,118
| New | +$6.02M |
|
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.