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 |
Apple
AAPL
|
+$940M |
| 2 |
SPDR Gold Trust
GLD
|
+$375M |
| 3 |
Citigroup
C
|
+$202M |
| 4 |
Gilead Sciences
GILD
|
+$150M |
| 5 |
Macy's
M
|
+$81.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.28B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$700M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$500M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$396M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.93% |
| 2 | Technology | 1.75% |
| 3 | Financials | 1.43% |
| 4 | Consumer Discretionary | 0.87% |
| 5 | Healthcare | 0.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BERY
2651
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $3.58M | ﹤0.01% |
100,406
-80,368
| -44% | -$2.75M |
|
2652
CALL
Caesarstone
CSTE
$116M
| $3.58M | ﹤0.01% |
103,000
+7,400
| +8% | +$274K |
|
2653
Fidelity MSCI Information Technology Index ETF
FTEC
$21.4B
| $3.58M | ﹤0.01% |
110,569
+76,828
| +228% | +$2.5M |
|
2654
CALL
AMN Healthcare
AMN
$1.35B
| $3.57M | ﹤0.01% |
89,400
+58,700
| +191% | +$2.17M |
|
2655
CALL
Teucrium Corn Fund
CORN
$171M
| $3.57M | ﹤0.01% |
174,300
+137,000
| +367% | +$2.98M |
|
2656
ProShares Ultra QQQ
QLD
$14.1B
| $3.57M | ﹤0.01% |
+802,304
| New | +$3.61M |
|
2657
iShares Global Energy ETF
IXC
$2.78B
| $3.57M | ﹤0.01% |
110,385
+66,718
| +153% | +$2.08M |
|
2658
PUT
Warner Bros
WBD
$72.7B
| $3.56M | ﹤0.01% |
141,300
+16,600
| +13% | +$454K |
|
2659
PUT
New Oriental
EDU
$9.14B
| $3.56M | ﹤0.01% |
85,100
+69,600
| +449% | +$2.75M |
|
|
TUMI
2660
PUT
DELISTED
TUMI HLDGS INC COM
TUMI
| $3.56M | ﹤0.01% |
133,100
+22,600
| +20% | +$604K |
|
2661
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $3.56M | ﹤0.01% |
63,589
-519,595
| -89% | -$29M |
|
|
LGF
2662
PUT
DELISTED
Lions Gate Entertainment
LGF
| $3.56M | ﹤0.01% |
175,900
-66,600
| -27% | -$1.4M |
|
|
PTLA
2663
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $3.56M | ﹤0.01% |
150,700
+80,700
| +115% | +$1.99M |
|
2664
CALL
WEX
WEX
$6.8B
| $3.56M | ﹤0.01% |
40,100
+33,700
| +527% | +$3.01M |
|
|
LUMO
2665
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $3.55M | ﹤0.01% |
35,051
-16,924
| -33% | -$2.1M |
|
|
DANG
2666
PUT
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $3.55M | ﹤0.01% |
587,000
+261,300
| +80% | +$1.7M |
|
2667
PUT
Belden
BDC
$4.65B
| $3.55M | ﹤0.01% |
58,800
+41,300
| +236% | +$2.58M |
|
2668
PUT
Criteo S.A.
CRTO
$851M
| $3.55M | ﹤0.01% |
77,300
-3,300
| -4% | -$142K |
|
2669
CALL
Meritage Homes
MTH
$4.62B
| $3.55M | ﹤0.01% |
189,000
-274,200
| -59% | -$4.97M |
|
|
SA
2670
CALL
Seabridge Gold
SA
$3.7B
| $3.55M | ﹤0.01% |
241,700
+105,500
| +77% | +$1.43M |
|
|
CXRX
2671
DELISTED
Concordia International Corp. Common Stock
CXRX
| $3.54M | ﹤0.01% |
164,545
+69,212
| +73% | +$1.82M |
|
2672
CALL
ASML
ASML
$666B
| $3.54M | ﹤0.01% |
35,700
+25,900
| +264% | +$2.52M |
|
2673
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$19.9M
| $3.54M | ﹤0.01% |
2,301
+1,883
| +450% | +$3.37M |
|
|
ENLC
2674
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.54M | ﹤0.01% |
222,339
+21,471
| +11% | +$306K |
|
2675
Lumentum
LITE
$83.8B
| $3.54M | ﹤0.01% |
146,099
+109,156
| +295% | +$2.7M |
|
Similar funds
Jeff Yass's Q2 2016 Portfolio in Review
As of Q2 2016, Jeff Yass held 10,185 positions worth $187B, down 0.75% from $188B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass withdrew a net $15.2B in Q2 2016, closing 1,718 positions and reducing 3,507 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $700M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 90% a quarter earlier, followed by Technology and Financials.
Against the trend, Jeff Yass opened a new position in Vanguard Long-Term Bond ETF worth $47.5M.
- Jeff Yass's largest Q2 2016 buy was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M.
- Jeff Yass added most to Apple in Q2 2016, an estimated $940M increase.
- Jeff Yass's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $7.28B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ETF in Q2 2016, selling an estimated $700M.
- Jeff Yass's ten largest holdings make up 24% of its $187B portfolio in Q2 2016.
- Jeff Yass opened 1,269 new positions and closed 1,718 in Q2 2016.
- Jeff Yass's portfolio value fell 0.75% quarter-over-quarter to $187B.
Based on Susquehanna International Group's 13F filing for Q2 2016, filed 15 Aug 2016.