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 |
Apple
AAPL
|
+$940M |
| 2 |
SPDR Gold Trust
GLD
|
+$375M |
| 3 |
Citigroup
C
|
+$202M |
| 4 |
Gilead Sciences
GILD
|
+$150M |
| 5 |
Macy's
M
|
+$81.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.28B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$700M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$500M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$396M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AET
226
CALL
DELISTED
Aetna Inc
AET
| $137M | 0.07% |
1,118,200
-181,100
| -14% | -$20.8M |
|
227
Booking.com
BKNG
$158B
| $136M | 0.07% |
2,729,300
+913,925
| +50% | +$47.4M |
|
228
CALL
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $136M | 0.07% |
5,383,800
+5,104,200
| +1,826% | +$133M |
|
229
PUT
AbbVie
ABBV
$468B
| $135M | 0.07% |
2,186,100
-988,200
| -31% | -$60.2M |
|
230
CALL
Charter Communications
CHTR
$17.9B
| $134M | 0.07% |
585,800
-296,900
| -34% | -$63.8M |
|
231
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $134M | 0.07% |
11
+7
| +175% | +$127M |
|
232
CALL
Starbucks
SBUX
$122B
| $134M | 0.07% |
2,340,600
-206,900
| -8% | -$11.8M |
|
233
PUT
NVIDIA
NVDA
$5.2T
| $133M | 0.07% |
113,512,000
+83,400,000
| +277% | +$86M |
|
234
CALL
Deere & Co
DE
$175B
| $133M | 0.07% |
1,644,100
+883,100
| +116% | +$72.4M |
|
235
CALL
3M
MMM
$92.3B
| $132M | 0.07% |
904,176
-92,331
| -9% | -$13M |
|
236
CALL
Wynn Resorts
WYNN
$10.3B
| $132M | 0.07% |
1,458,300
-348,000
| -19% | -$33.1M |
|
237
PUT
Yum! Brands
YUM
$41.8B
| $132M | 0.07% |
2,213,220
-674,079
| -23% | -$39.7M |
|
|
238
PUT
Deere & Co
DE
$175B
| $131M | 0.07% |
1,617,900
-446,300
| -22% | -$36.6M |
|
239
ExxonMobil
XOM
$679B
| $130M | 0.07% |
1,386,322
-6,126
| -0.4% | -$542K |
|
240
CALL
Monster Beverage
MNST
$93.6B
| $130M | 0.07% |
9,693,600
-1,176,000
| -11% | -$14.2M |
|
241
CALL
DuPont de Nemours
DD
$18.7B
| $130M | 0.07% |
1,030,758
-131,417
| -11% | -$17.3M |
|
242
CALL
AutoZone
AZO
$48.3B
| $129M | 0.07% |
162,900
+41,800
| +35% | +$32.2M |
|
243
CALL
Crown Castle
CCI
$32.1B
| $128M | 0.07% |
1,259,700
+886,600
| +238% | +$80.5M |
|
244
CALL
General Motors
GM
$77.2B
| $127M | 0.07% |
4,486,300
+246,400
| +6% | +$7.48M |
|
245
CALL
Palo Alto Networks
PANW
$292B
| $127M | 0.07% |
6,195,600
-135,000
| -2% | -$3.13M |
|
246
Petrobras Class A
PBR.A
$111B
| $127M | 0.07% |
21,777,310
+491,697
| +2% | +$2.54M |
|
247
CALL
JD.com
JD
$39.7B
| $126M | 0.07% |
5,932,000
+1,100,000
| +23% | +$26.6M |
|
248
CALL
Aflac
AFL
$58.2B
| $125M | 0.07% |
3,477,600
+1,189,200
| +52% | +$40.6M |
|
249
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $125M | 0.07% |
3,952,600
+68,400
| +2% | +$2.44M |
|
250
CALL
Herbalife
HLF
$1.33B
| $125M | 0.07% |
4,254,600
+818,600
| +24% | +$24.5M |
|
Similar funds
Jeff Yass's Q2 2016 Portfolio in Review
As of Q2 2016, Jeff Yass held 10,185 positions worth $187B, down 0.75% from $188B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- Jeff Yass's largest Q2 2016 buy was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M.
- Jeff Yass added most to Apple in Q2 2016, an estimated $940M increase.
- Jeff Yass's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $7.28B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ETF in Q2 2016, selling an estimated $700M.
- Jeff Yass's ten largest holdings make up 24% of its $187B portfolio in Q2 2016.
- Jeff Yass opened 1,269 new positions and closed 1,718 in Q2 2016.
- Jeff Yass's portfolio value fell 0.75% quarter-over-quarter to $187B.
Based on Susquehanna International Group's 13F filing for Q2 2016, filed 15 Aug 2016.