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 | |
|---|---|---|---|---|---|---|
2601
Bread Financial
BFH
$4.16B
| $3.98M | ﹤0.01% |
22,667
-1,842
| -8% | -$322K |
|
2602
PUT
Commault Systems
CVLT
$5.86B
| $3.98M | ﹤0.01% |
92,200
-25,400
| -22% | -$940K |
|
2603
PUT
FMC
FMC
$1.34B
| $3.98M | ﹤0.01% |
113,686
+47,158
| +71% | +$1.53M |
|
2604
Mohawk Industries
MHK
$8.83B
| $3.98M | ﹤0.01% |
20,821
-13,652
| -40% | -$2.38M |
|
2605
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.26B
| $3.97M | ﹤0.01% |
16,840
+10,760
| +177% | +$2.41M |
|
2606
Coty
COTY
$2.42B
| $3.97M | ﹤0.01% |
142,707
+78,877
| +124% | +$2.06M |
|
2607
Saic
SAIC
$5.46B
| $3.97M | ﹤0.01% |
74,350
+42,438
| +133% | +$1.89M |
|
2608
PUT
Fidelity National Information Services
FIS
$21B
| $3.96M | ﹤0.01% |
62,600
+56,000
| +848% | +$3.36M |
|
|
SYT
2609
PUT
DELISTED
Syngenta Ag
SYT
| $3.96M | ﹤0.01% |
47,800
-42,300
| -47% | -$3.33M |
|
2610
iShares MSCI World ETF
URTH
$8.26B
| $3.96M | ﹤0.01% |
57,037
+50,144
| +727% | +$3.29M |
|
2611
PUT
Northern Trust
NTRS
$34B
| $3.96M | ﹤0.01% |
60,700
+19,600
| +48% | +$1.23M |
|
2612
Evertec
EVTC
$1.76B
| $3.96M | ﹤0.01% |
282,895
+261,141
| +1,200% | +$3.53M |
|
|
ONIT
2613
Onity Group
ONIT
$288M
| $3.95M | ﹤0.01% |
106,600
-53,509
| -33% | -$3.67M |
|
2614
General Dynamics
GD
$103B
| $3.94M | ﹤0.01% |
30,030
-69,203
| -70% | -$9.17M |
|
2615
CALL
Invesco Solar ETF
TAN
$1.29B
| $3.94M | ﹤0.01% |
+174,100
| New | +$4.18M |
|
2616
CALL
Brunswick
BC
$5.06B
| $3.94M | ﹤0.01% |
82,100
+52,200
| +175% | +$2.26M |
|
2617
Curtiss-Wright
CW
$22.4B
| $3.94M | ﹤0.01% |
52,000
-23,689
| -31% | -$1.64M |
|
2618
Hanover Insurance
THG
$7.94B
| $3.93M | ﹤0.01% |
43,600
+10,621
| +32% | +$877K |
|
2619
PUT
Sunoco
SUN
$14.2B
| $3.93M | ﹤0.01% |
118,700
+48,600
| +69% | +$1.55M |
|
2620
First Industrial Realty Trust
FR
$8.27B
| $3.93M | ﹤0.01% |
172,816
+104,716
| +154% | +$2.21M |
|
2621
PUT
SAP
SAP
$256B
| $3.92M | ﹤0.01% |
48,800
+29,000
| +146% | +$2.26M |
|
|
FNFG
2622
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $3.92M | ﹤0.01% |
405,239
-75,571
| -16% | -$731K |
|
2623
Targa Resources
TRGP
$62.7B
| $3.92M | ﹤0.01% |
131,313
+83,365
| +174% | +$1.99M |
|
|
QEP
2624
DELISTED
QEP RESOURCES, INC.
QEP
| $3.92M | ﹤0.01% |
277,765
-349,250
| -56% | -$4.04M |
|
2625
CALL
Vanguard Energy ETF
VDE
$10.7B
| $3.91M | ﹤0.01% |
45,600
+4,600
| +11% | +$368K |
|
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.