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 | |
|---|---|---|---|---|---|---|
2576
Ovintiv
OVV
$18.1B
| $4.07M | ﹤0.01% |
133,802
+3,503
| +3% | +$80.6K |
|
|
HIMX
2577
PUT
Himax Technologies
HIMX
$2.45B
| $4.07M | ﹤0.01% |
362,300
-212,500
| -37% | -$1.87M |
|
2578
OGE Energy
OGE
$9.53B
| $4.07M | ﹤0.01% |
141,972
+123,596
| +673% | +$3.26M |
|
2579
Rogers Communications
RCI
$19.7B
| $4.06M | ﹤0.01% |
101,447
+45,147
| +80% | +$1.63M |
|
2580
CALL
Middleby
MIDD
$5.16B
| $4.06M | ﹤0.01% |
38,000
+8,500
| +29% | +$799K |
|
2581
Primerica
PRI
$8.99B
| $4.05M | ﹤0.01% |
91,073
-35,786
| -28% | -$1.55M |
|
2582
Cullen/Frost Bankers
CFR
$10B
| $4.05M | ﹤0.01% |
73,500
+58,330
| +385% | +$3.02M |
|
2583
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.9B
| $4.04M | ﹤0.01% |
51,500
+5,100
| +11% | +$375K |
|
|
OA
2584
PUT
DELISTED
Orbital ATK, Inc.
OA
| $4.04M | ﹤0.01% |
46,500
+500
| +1% | +$42.5K |
|
2585
CALL
Cincinnati Financial
CINF
$26.3B
| $4.04M | ﹤0.01% |
61,800
+29,000
| +88% | +$1.77M |
|
|
DNY
2586
DELISTED
DONNELLEY R R & SONS CO
DNY
| $4.04M | ﹤0.01% |
246,259
+176,247
| +252% | +$2.89M |
|
|
TUP
2587
PUT
DELISTED
Tupperware Brands Corporation
TUP
| $4.04M | ﹤0.01% |
69,600
+1,800
| +3% | +$92.8K |
|
|
AVP
2588
PUT
DELISTED
Avon Products, Inc.
AVP
| $4.03M | ﹤0.01% |
838,100
+191,500
| +30% | +$684K |
|
|
WBC
2589
CALL
DELISTED
WABCO HOLDINGS INC.
WBC
| $4.02M | ﹤0.01% |
37,600
+19,900
| +112% | +$1.88M |
|
|
TSRO
2590
CALL
DELISTED
TESARO, Inc.
TSRO
| $4.01M | ﹤0.01% |
91,100
+49,300
| +118% | +$1.98M |
|
2591
CALL
Take-Two Interactive
TTWO
$43.2B
| $4.01M | ﹤0.01% |
106,400
-9,300
| -8% | -$322K |
|
2592
The GEO Group
GEO
$4.26B
| $4.01M | ﹤0.01% |
173,379
-108,132
| -38% | -$2.11M |
|
|
PAY
2593
CALL
DELISTED
Verifone Systems Inc
PAY
| $4.01M | ﹤0.01% |
141,900
+40,900
| +40% | +$1.01M |
|
|
SCG
2594
CALL
DELISTED
Scana
SCG
| $4.01M | ﹤0.01% |
57,100
+900
| +2% | +$58.2K |
|
2595
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.86B
| $4M | ﹤0.01% |
212,265
+104,910
| +98% | +$1.84M |
|
|
ADT
2596
DELISTED
ADT Corp
ADT
| $4M | ﹤0.01% |
97,031
-3,491
| -3% | -$122K |
|
2597
PUT
Genworth Financial
GNW
$3.77B
| $4M | ﹤0.01% |
1,463,600
+24,000
| +2% | +$60.8K |
|
2598
Edgewell Personal Care
EPC
$1.34B
| $3.99M | ﹤0.01% |
49,528
+27,535
| +125% | +$2.11M |
|
2599
Pitney Bowes
PBI
$2.38B
| $3.99M | ﹤0.01% |
185,099
+120,555
| +187% | +$2.29M |
|
2600
PUT
Sanofi
SNY
$108B
| $3.98M | ﹤0.01% |
99,200
+29,100
| +42% | +$1.17M |
|
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.