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 | |
|---|---|---|---|---|---|---|
2476
PUT
Sanofi
SNY
$109B
| $4.03M | ﹤0.01% |
96,400
-2,800
| -3% | -$115K |
|
|
ABMD
2477
PUT
DELISTED
Abiomed Inc
ABMD
| $4.03M | ﹤0.01% |
36,900
-38,800
| -51% | -$3.86M |
|
|
P
2478
Everpure Inc
P
$36.2B
| $4.03M | ﹤0.01% |
+369,823
| New | +$4.82M |
|
2479
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $4.03M | ﹤0.01% |
37,633
+7,433
| +25% | +$779K |
|
2480
Texas Instruments
TXN
$239B
| $4.03M | ﹤0.01% |
64,300
-9,249
| -13% | -$550K |
|
2481
PUT
SL Green Realty
SLG
$4.16B
| $4.03M | ﹤0.01% |
39,048
+18,904
| +94% | +$1.86M |
|
|
SIVB
2482
DELISTED
SVB Financial Group
SIVB
| $4.02M | ﹤0.01% |
42,288
+27,249
| +181% | +$2.79M |
|
|
LLL
2483
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $4.02M | ﹤0.01% |
27,400
-47,200
| -63% | -$6.34M |
|
|
N
2484
CALL
DELISTED
Netsuite Inc
N
| $4.02M | ﹤0.01% |
55,200
+22,600
| +69% | +$1.73M |
|
2485
Shake Shack
SHAK
$2.95B
| $4.01M | ﹤0.01% |
110,159
+103,565
| +1,571% | +$3.76M |
|
|
BIG
2486
CALL
DELISTED
Big Lots, Inc.
BIG
| $4M | ﹤0.01% |
79,900
+30,000
| +60% | +$1.42M |
|
2487
PUT
Myriad Genetics
MYGN
$298M
| $4M | ﹤0.01% |
130,600
-23,000
| -15% | -$799K |
|
|
NAV
2488
PUT
DELISTED
Navistar International
NAV
| $4M | ﹤0.01% |
341,800
+49,800
| +17% | +$617K |
|
|
VER
2489
CALL
DELISTED
VEREIT, Inc.
VER
| $4M | ﹤0.01% |
78,820
+5,380
| +7% | +$253K |
|
|
DNY
2490
DELISTED
DONNELLEY R R & SONS CO
DNY
| $3.99M | ﹤0.01% |
236,000
-10,259
| -4% | -$174K |
|
2491
WisdomTree US LargeCap Dividend Fund
DLN
$6.37B
| $3.99M | ﹤0.01% |
105,382
+50,714
| +93% | +$1.88M |
|
2492
iShares US Regional Banks ETF
IAT
$667M
| $3.99M | ﹤0.01% |
123,020
+68,483
| +126% | +$2.28M |
|
2493
PUT
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $3.99M | ﹤0.01% |
47,500
+32,600
| +219% | +$2.65M |
|
2494
PUT
Edison International
EIX
$28.7B
| $3.98M | ﹤0.01% |
51,300
+38,900
| +314% | +$2.79M |
|
|
COHR
2495
PUT
DELISTED
Coherent Inc
COHR
| $3.98M | ﹤0.01% |
43,400
+33,900
| +357% | +$3.12M |
|
|
CLNY
2496
PUT
DELISTED
Colony Capital, Inc.
CLNY
| $3.98M | ﹤0.01% |
259,400
+240,100
| +1,244% | +$4.17M |
|
2497
CALL
Annaly Capital Management
NLY
$17.2B
| $3.98M | ﹤0.01% |
89,850
-45,675
| -34% | -$1.94M |
|
2498
PUT
Vanguard Morningstar Small-Cap ETF
VB
$82.2B
| $3.98M | ﹤0.01% |
34,400
-2,300
| -6% | -$261K |
|
2499
Darden Restaurants
DRI
$24.8B
| $3.98M | ﹤0.01% |
62,800
-52,530
| -46% | -$3.44M |
|
|
CPXX
2500
CALL
DELISTED
CELATOR PHARMACEUTICALS INC. COMMON STOCK
CPXX
| $3.98M | ﹤0.01% |
+131,800
| New | +$2.67M |
|
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 withdrew a net $15.2B in Q2 2016, closing 1,718 positions and reducing 3,507 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $700M position sold in full.
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.
Against the trend, Jeff Yass opened a new position in Vanguard Long-Term Bond ETF worth $47.5M.
- 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.