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 | |
|---|---|---|---|---|---|---|
2201
CALL
Align Technology
ALGN
$11.3B
| $5.68M | ﹤0.01% |
59,100
+11,700
| +25% | +$1.09M |
|
|
STJ
2202
DELISTED
St Jude Medical
STJ
| $5.68M | ﹤0.01% |
70,817
-334,740
| -83% | -$26.6M |
|
|
ALE
2203
DELISTED
Allete
ALE
| $5.68M | ﹤0.01% |
88,461
+83,493
| +1,681% | +$5.1M |
|
2204
CALL
iShares US Home Construction ETF
ITB
$2.27B
| $5.68M | ﹤0.01% |
206,600
-74,700
| -27% | -$2.03M |
|
2205
RB Global
RBA
$15.9B
| $5.67M | ﹤0.01% |
166,890
-6,100
| -4% | -$222K |
|
2206
PUT
Ares Capital
ARCC
$14.3B
| $5.67M | ﹤0.01% |
344,000
-281,700
| -45% | -$4.43M |
|
2207
Viasat
VSAT
$9.85B
| $5.67M | ﹤0.01% |
+85,583
| New | +$6.13M |
|
2208
PUT
Nabors Industries
NBR
$1.29B
| $5.66M | ﹤0.01% |
6,906
-2,490
| -27% | -$1.75M |
|
2209
CALL
Arista Networks
ANET
$255B
| $5.66M | ﹤0.01% |
936,000
-1,912,000
| -67% | -$10.7M |
|
2210
Polaris
PII
$3.63B
| $5.66M | ﹤0.01% |
+68,706
| New | +$5.6M |
|
2211
HSBC
HSBC
$355B
| $5.66M | ﹤0.01% |
155,880
-293,549
| -65% | -$10.4M |
|
|
PFPT
2212
PUT
DELISTED
Proofpoint, Inc.
PFPT
| $5.64M | ﹤0.01% |
79,800
-10,800
| -12% | -$813K |
|
|
SGEN
2213
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $5.64M | ﹤0.01% |
106,800
+500
| +0.5% | +$30.1K |
|
2214
Applied Industrial Technologies
AIT
$12.6B
| $5.63M | ﹤0.01% |
94,792
+42,273
| +80% | +$2.3M |
|
|
CIM
2215
Chimera Investment
CIM
$961M
| $5.63M | ﹤0.01% |
110,208
-663
| -0.6% | -$32.5K |
|
|
WPZ
2216
DELISTED
Williams Partners L.P.
WPZ
| $5.62M | ﹤0.01% |
147,746
+21,546
| +17% | +$774K |
|
|
RDUS
2217
DELISTED
Radius Health, Inc.
RDUS
| $5.62M | ﹤0.01% |
147,635
+11,024
| +8% | +$525K |
|
2218
PUT
Tyler Technologies
TYL
$14.4B
| $5.61M | ﹤0.01% |
39,300
+10,300
| +36% | +$1.6M |
|
2219
iShares Russell 2000 Growth ETF
IWO
$15B
| $5.61M | ﹤0.01% |
36,422
-139,630
| -79% | -$20.8M |
|
2220
US Commodity Index
USCI
$385M
| $5.61M | ﹤0.01% |
140,115
+62,989
| +82% | +$2.6M |
|
|
FIT
2221
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $5.6M | ﹤0.01% |
765,630
-384,249
| -33% | -$3.94M |
|
2222
PUT
McCormick & Company Non-Voting
MKC
$14.8B
| $5.6M | ﹤0.01% |
120,000
+82,600
| +221% | +$3.85M |
|
2223
Lincoln National
LNC
$8.29B
| $5.58M | ﹤0.01% |
84,200
| – | – |
|
2224
Maximus
MMS
$3.09B
| $5.58M | ﹤0.01% |
+100,009
| New | +$5.43M |
|
2225
Cirrus Logic
CRUS
$5.53B
| $5.57M | ﹤0.01% |
98,565
+33,143
| +51% | +$1.84M |
|
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.