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 | |
|---|---|---|---|---|---|---|
|
UTEK
2651
PUT
DELISTED
Ultratech Inc.
UTEK
| $3.86M | ﹤0.01% |
176,800
-120,800
| -41% | -$2.38M |
|
2652
CALL
Republic Services
RSG
$67.1B
| $3.85M | ﹤0.01% |
80,900
+46,000
| +132% | +$2.09M |
|
2653
MidCap Financial Investment
MFIC
$799M
| $3.85M | ﹤0.01% |
231,328
+129,473
| +127% | +$2M |
|
|
ISIL
2654
PUT
DELISTED
Intersil Corp
ISIL
| $3.85M | ﹤0.01% |
288,000
+249,600
| +650% | +$3.12M |
|
|
SFUN
2655
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $3.85M | ﹤0.01% |
12,852
+1,400
| +12% | +$397K |
|
2656
CALL
Credit Acceptance
CACC
$6.23B
| $3.85M | ﹤0.01% |
21,200
-21,800
| -51% | -$4.16M |
|
2657
PUT
Flowserve
FLS
$10.4B
| $3.85M | ﹤0.01% |
86,600
+56,700
| +190% | +$2.34M |
|
|
GCI
2658
DELISTED
Gannett Co., Inc
GCI
| $3.85M | ﹤0.01% |
253,976
-71,641
| -22% | -$1.08M |
|
|
QLIK
2659
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $3.84M | ﹤0.01% |
132,815
+4,063
| +3% | +$102K |
|
2660
DTE Energy
DTE
$28.3B
| $3.83M | ﹤0.01% |
49,616
+23,692
| +91% | +$1.71M |
|
2661
CALL
Rambus
RMBS
$9.88B
| $3.83M | ﹤0.01% |
278,300
+69,800
| +33% | +$865K |
|
2662
PUT
Alkermes
ALKS
$8.2B
| $3.83M | ﹤0.01% |
111,900
-41,300
| -27% | -$1.63M |
|
2663
PUT
VanEck Biotech ETF
BBH
$471M
| $3.83M | ﹤0.01% |
36,900
+3,200
| +9% | +$334K |
|
2664
CALL
iShares S&P 100 ETF
OEF
$20.5B
| $3.82M | ﹤0.01% |
41,800
+17,500
| +72% | +$1.53M |
|
2665
Travel + Leisure Co
TNL
$4.39B
| $3.82M | ﹤0.01% |
110,688
-21,388
| -16% | -$678K |
|
|
LCI
2666
PUT
DELISTED
Lannett Company, Inc.
LCI
| $3.82M | ﹤0.01% |
53,250
-3,050
| -5% | -$323K |
|
|
ZNGA
2667
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $3.82M | ﹤0.01% |
1,675,000
+1,429,700
| +583% | +$3.2M |
|
|
SBNY
2668
DELISTED
Signature Bank
SBNY
| $3.81M | ﹤0.01% |
28,033
-25,927
| -48% | -$3.53M |
|
2669
CALL
IPG Photonics
IPGP
$3.29B
| $3.81M | ﹤0.01% |
39,700
-1,100
| -3% | -$93.3K |
|
2670
Revvity
RVTY
$14.5B
| $3.81M | ﹤0.01% |
77,114
+51,468
| +201% | +$2.46M |
|
|
PTLA
2671
PUT
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.81M | ﹤0.01% |
186,800
+85,700
| +85% | +$2.72M |
|
|
CLVS
2672
DELISTED
Clovis Oncology, Inc.
CLVS
| $3.81M | ﹤0.01% |
198,178
-171,389
| -46% | -$3.63M |
|
|
APOL
2673
PUT
DELISTED
Apollo Education Group Inc Class A
APOL
| $3.8M | ﹤0.01% |
462,600
-266,100
| -37% | -$2.12M |
|
2674
CALL
Flowers Foods
FLO
$1.48B
| $3.8M | ﹤0.01% |
205,800
+98,600
| +92% | +$1.87M |
|
|
SDRL
2675
DELISTED
Seadrill Limited Common Stock
SDRL
| $3.79M | ﹤0.01% |
4,293
+2,622
| +157% | +$1.89M |
|
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.