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 | |
|---|---|---|---|---|---|---|
2501
Global Payments
GPN
$24.6B
| $3.98M | ﹤0.01% |
55,696
+667
| +1% | +$49.2K |
|
|
BCR
2502
DELISTED
CR Bard Inc.
BCR
| $3.97M | ﹤0.01% |
16,900
+9,100
| +117% | +$1.98M |
|
2503
CALL
Nexstar Media Group
NXST
$5.72B
| $3.97M | ﹤0.01% |
83,500
+53,900
| +182% | +$2.69M |
|
2504
PUT
Teleflex
TFX
$5.88B
| $3.97M | ﹤0.01% |
22,400
+19,400
| +647% | +$3.16M |
|
2505
Xcel Energy
XEL
$48.5B
| $3.96M | ﹤0.01% |
88,523
-212,483
| -71% | -$8.79M |
|
|
HBI
2506
PUT
DELISTED
Hanesbrands
HBI
| $3.96M | ﹤0.01% |
157,600
+107,100
| +212% | +$2.92M |
|
|
TUP
2507
DELISTED
Tupperware Brands Corporation
TUP
| $3.96M | ﹤0.01% |
70,370
-79,849
| -53% | -$4.56M |
|
|
VXZ
2508
DELISTED
iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019
VXZ
| $3.96M | ﹤0.01% |
+91,681
| New | +$4.03M |
|
|
ZEN
2509
CALL
DELISTED
ZENDESK INC
ZEN
| $3.95M | ﹤0.01% |
149,900
+64,600
| +76% | +$1.56M |
|
|
SGEN
2510
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $3.95M | ﹤0.01% |
97,700
-39,500
| -29% | -$1.5M |
|
2511
Universal Corp
UVV
$1.16B
| $3.94M | ﹤0.01% |
68,300
-14,400
| -17% | -$793K |
|
2512
Healthpeak Properties
DOC
$14.9B
| $3.94M | ﹤0.01% |
122,317
-217,506
| -64% | -$6.75M |
|
2513
CALL
Allegiant Air
ALGT
$2.26B
| $3.94M | ﹤0.01% |
26,000
+8,000
| +44% | +$1.23M |
|
|
XLNX
2514
DELISTED
Xilinx Inc
XLNX
| $3.94M | ﹤0.01% |
85,380
-24,828
| -23% | -$1.13M |
|
|
CSH
2515
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $3.94M | ﹤0.01% |
92,377
| – | – |
|
2516
Lennox International
LII
$13.6B
| $3.94M | ﹤0.01% |
27,600
-6,359
| -19% | -$874K |
|
|
ANDV
2517
DELISTED
Andeavor
ANDV
| $3.94M | ﹤0.01% |
52,533
-224,349
| -81% | -$17.8M |
|
2518
Tapestry
TPR
$26B
| $3.94M | ﹤0.01% |
96,600
-55,054
| -36% | -$2.17M |
|
2519
iShares US Transportation ETF
IYT
$2.28B
| $3.93M | ﹤0.01% |
117,296
-32,364
| -22% | -$1.12M |
|
2520
Huntington Ingalls Industries
HII
$11.7B
| $3.93M | ﹤0.01% |
23,400
+4,385
| +23% | +$666K |
|
2521
Vanguard Real Estate ETF
VNQ
$39.1B
| $3.93M | ﹤0.01% |
44,314
-13,923
| -24% | -$1.17M |
|
2522
CALL
Eldorado Gold
EGO
$12.2B
| $3.92M | ﹤0.01% |
+174,380
| New | +$3.61M |
|
|
INSY
2523
PUT
DELISTED
Insys Therapeutics, Inc.
INSY
| $3.92M | ﹤0.01% |
303,100
-77,500
| -20% | -$1.13M |
|
2524
WisdomTree US SmallCap Earnings Fund
EES
$720M
| $3.92M | ﹤0.01% |
148,914
+39,798
| +36% | +$1.04M |
|
|
EGN
2525
CALL
DELISTED
Energen
EGN
| $3.92M | ﹤0.01% |
81,300
+55,900
| +220% | +$2.43M |
|
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.