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 |
iShares MSCI Emerging Markets ETF
EEM
|
+$444M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 3 |
Bank of America
BAC
|
+$191M |
| 4 |
Citigroup
C
|
+$182M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$518M |
| 3 |
Meta Platforms (Facebook)
META
|
+$292M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$245M |
| 5 |
AGN
Allergan plc
AGN
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 89.8% |
| 2 | Financials | 1.95% |
| 3 | Technology | 1.63% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Communication Services | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EEP
2526
CALL
DELISTED
Enbridge Energy Partners
EEP
| $4.18M | ﹤0.01% |
228,400
+144,400
| +172% | +$2.55M |
|
|
LOCK
2527
CALL
DELISTED
LifeLock, Inc.
LOCK
| $4.18M | ﹤0.01% |
346,600
-87,200
| -20% | -$1.03M |
|
2528
PUT
Illinois Tool Works
ITW
$80.1B
| $4.18M | ﹤0.01% |
40,800
-49,700
| -55% | -$4.6M |
|
2529
Amgen
AMGN
$238B
| $4.18M | ﹤0.01% |
27,858
-10,777
| -28% | -$1.6M |
|
2530
CALL
Innoviva
INVA
$1.52B
| $4.18M | ﹤0.01% |
331,700
+267,500
| +417% | +$2.94M |
|
2531
Community Health Systems
CYH
$412M
| $4.17M | ﹤0.01% |
272,698
-168,762
| -38% | -$2.58M |
|
2532
PUT
iShares US Financials ETF
IYF
$4.31B
| $4.17M | ﹤0.01% |
98,600
+31,600
| +47% | +$1.28M |
|
2533
Fidelity National Information Services
FIS
$21B
| $4.17M | ﹤0.01% |
65,852
+21,969
| +50% | +$1.32M |
|
|
PAY
2534
DELISTED
Verifone Systems Inc
PAY
| $4.17M | ﹤0.01% |
147,602
-9,571
| -6% | -$237K |
|
2535
National Healthcare
NHC
$3.49B
| $4.17M | ﹤0.01% |
66,883
+42,839
| +178% | +$2.67M |
|
|
SLCA
2536
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $4.17M | ﹤0.01% |
183,284
-148,706
| -45% | -$2.76M |
|
2537
PUT
W.P. Carey
WPC
$16.1B
| $4.16M | ﹤0.01% |
68,203
-919
| -1% | -$52.2K |
|
|
SGI
2538
CALL
Somnigroup International
SGI
$13.2B
| $4.16M | ﹤0.01% |
273,600
-157,200
| -36% | -$2.33M |
|
|
PDCE
2539
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $4.16M | ﹤0.01% |
69,900
+36,200
| +107% | +$1.89M |
|
2540
CVS Health
CVS
$119B
| $4.16M | ﹤0.01% |
40,063
-506,214
| -93% | -$49.2M |
|
2541
PUT
Conagra Brands
CAG
$7.68B
| $4.15M | ﹤0.01% |
119,634
-239,395
| -67% | -$7.77M |
|
2542
Jabil
JBL
$32.7B
| $4.15M | ﹤0.01% |
215,589
-92,159
| -30% | -$1.86M |
|
|
WRK
2543
DELISTED
WestRock Company
WRK
| $4.15M | ﹤0.01% |
118,131
+100,264
| +561% | +$3.27M |
|
|
VAL
2544
DELISTED
Valspar
VAL
| $4.15M | ﹤0.01% |
38,800
+2,300
| +6% | +$190K |
|
|
FITB
2545
PUT
Fifth Third Bancorp
FITB
$49.5B
| $4.15M | ﹤0.01% |
248,600
-99,300
| -29% | -$1.63M |
|
|
VA
2546
CALL
DELISTED
Virgin America Inc.
VA
| $4.14M | ﹤0.01% |
107,500
-223,300
| -68% | -$6.95M |
|
|
ESV
2547
CALL
DELISTED
Ensco Rowan plc
ESV
| $4.14M | ﹤0.01% |
99,875
-102,975
| -51% | -$4.2M |
|
2548
CALL
JB Hunt Transport Services
JBHT
$24.7B
| $4.14M | ﹤0.01% |
49,100
+16,900
| +52% | +$1.28M |
|
2549
CALL
NRG Energy
NRG
$24.1B
| $4.14M | ﹤0.01% |
317,900
-540,000
| -63% | -$6.17M |
|
|
TSS
2550
DELISTED
Total System Services, Inc.
TSS
| $4.14M | ﹤0.01% |
86,935
+2,115
| +2% | +$92.6K |
|
Similar funds
Jeff Yass's Q1 2016 Portfolio in Review
As of Q1 2016, Jeff Yass held 10,537 positions worth $188B, down 13% from $216B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass withdrew a net $9.01B in Q1 2016, closing 1,613 positions and reducing 4,303 holdings. Its most notable exit was KEURIG GREEN MTN INC, an estimated $84.4M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, up from 87% a quarter earlier, followed by Financials and Technology.
Against the trend, Jeff Yass opened a new position in iShares National Muni Bond ETF worth $17.4M.
- Jeff Yass's largest Q1 2016 buy was iShares National Muni Bond ETF: 155,932 shares worth $17.4M.
- Jeff Yass added most to iShares MSCI Emerging Markets ETF in Q1 2016, an estimated $444M increase.
- Jeff Yass's biggest Q1 2016 reduction was Apple, cutting an estimated $2.59B.
- Jeff Yass fully exited KEURIG GREEN MTN INC in Q1 2016, selling an estimated $84.4M.
- Jeff Yass's ten largest holdings make up 24% of its $188B portfolio in Q1 2016.
- Jeff Yass opened 1,208 new positions and closed 1,613 in Q1 2016.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $188B.
Based on Susquehanna International Group's 13F filing for Q1 2016, filed 13 May 2016.