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 | |
|---|---|---|---|---|---|---|
2551
CALL
Equifax
EFX
$22.5B
| $4.13M | ﹤0.01% |
36,100
+32,500
| +903% | +$3.42M |
|
|
RDC
2552
PUT
DELISTED
Rowan Companies Plc
RDC
| $4.13M | ﹤0.01% |
256,300
+135,000
| +111% | +$1.87M |
|
2553
PUT
Oshkosh
OSK
$9.7B
| $4.12M | ﹤0.01% |
100,800
+62,100
| +160% | +$2.2M |
|
2554
PUT
Stryker
SYK
$125B
| $4.12M | ﹤0.01% |
38,400
-2,200
| -5% | -$217K |
|
|
CHUY
2555
CALL
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.11M | ﹤0.01% |
132,300
+28,500
| +27% | +$922K |
|
|
DNKN
2556
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $4.11M | ﹤0.01% |
87,137
-398,503
| -82% | -$17.1M |
|
2557
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$683M
| $4.11M | ﹤0.01% |
+2,792
| New | +$2.89M |
|
2558
PUT
Red Robin
RRGB
$180M
| $4.11M | ﹤0.01% |
63,700
+44,700
| +235% | +$2.78M |
|
|
EV
2559
DELISTED
Eaton Vance Corp.
EV
| $4.11M | ﹤0.01% |
122,453
+63,116
| +106% | +$1.88M |
|
2560
ProShares Ultra Financials
UYG
$841M
| $4.1M | ﹤0.01% |
+191,154
| New | +$3.78M |
|
2561
PUT
Lincoln National
LNC
$8.32B
| $4.1M | ﹤0.01% |
104,600
+14,000
| +15% | +$547K |
|
|
AMED
2562
PUT
DELISTED
Amedisys
AMED
| $4.1M | ﹤0.01% |
84,800
+69,900
| +469% | +$2.7M |
|
|
FRC
2563
CALL
DELISTED
First Republic Bank
FRC
| $4.1M | ﹤0.01% |
61,500
+52,400
| +576% | +$3.36M |
|
2564
PUT
American Electric Power
AEP
$66.8B
| $4.1M | ﹤0.01% |
61,700
-54,300
| -47% | -$3.36M |
|
2565
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $4.09M | ﹤0.01% |
37,105
+32,434
| +694% | +$3.46M |
|
2566
CALL
FMC
FMC
$1.34B
| $4.09M | ﹤0.01% |
116,914
-24,674
| -17% | -$800K |
|
|
NE
2567
DELISTED
Noble Corporation
NE
| $4.09M | ﹤0.01% |
395,555
+297,400
| +303% | +$2.7M |
|
2568
PUT
Vanguard Morningstar Small-Cap ETF
VB
$82.3B
| $4.09M | ﹤0.01% |
36,700
+7,100
| +24% | +$735K |
|
2569
iShares S&P Small-Cap 600 Value ETF
IJS
$8.31B
| $4.09M | ﹤0.01% |
72,110
+64,710
| +874% | +$3.36M |
|
2570
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$59.2M
| $4.08M | ﹤0.01% |
38
+8
| +27% | +$1.02M |
|
2571
CALL
Wabtec
WAB
$50.2B
| $4.08M | ﹤0.01% |
51,500
-5,000
| -9% | -$346K |
|
|
KITE
2572
DELISTED
Kite Pharma, Inc.
KITE
| $4.08M | ﹤0.01% |
88,936
+25,249
| +40% | +$1.22M |
|
2573
MannKind Corp
MNKD
$1.31B
| $4.08M | ﹤0.01% |
506,773
-140,269
| -22% | -$802K |
|
|
SPYM
2574
State Street SPDR Portfolio S&P 500 ETF
SPYM
$171B
| $4.08M | ﹤0.01% |
169,428
+153,124
| +939% | +$3.49M |
|
2575
Canadian Solar
CSIQ
$935M
| $4.08M | ﹤0.01% |
211,592
-705,628
| -77% | -$14.5M |
|
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.