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 | |
|---|---|---|---|---|---|---|
2701
CALL
Gogo Inc
GOGO
$370M
| $3.72M | ﹤0.01% |
337,500
-2,600
| -0.8% | -$32.9K |
|
2702
Pilgrim's Pride
PPC
$7.41B
| $3.72M | ﹤0.01% |
146,300
-9,848
| -6% | -$229K |
|
2703
Myriad Genetics
MYGN
$304M
| $3.71M | ﹤0.01% |
99,257
-32,791
| -25% | -$1.24M |
|
|
GWB
2704
DELISTED
Great Western Bancorp, Inc.
GWB
| $3.71M | ﹤0.01% |
136,252
+8,759
| +7% | +$225K |
|
2705
iShares US Consumer Discretionary ETF
IYC
$1.19B
| $3.71M | ﹤0.01% |
101,880
+18,312
| +22% | +$631K |
|
2706
iShares Agency Bond ETF
AGZ
$571M
| $3.71M | ﹤0.01% |
32,297
-14,809
| -31% | -$1.69M |
|
2707
CALL
Sunoco
SUN
$14.2B
| $3.7M | ﹤0.01% |
111,800
-20,800
| -16% | -$663K |
|
2708
Warner Bros
WBD
$72.4B
| $3.7M | ﹤0.01% |
129,352
-101,429
| -44% | -$2.71M |
|
2709
PUT
Columbia Sportswear
COLM
$2.91B
| $3.7M | ﹤0.01% |
61,600
+29,000
| +89% | +$1.59M |
|
2710
iShares S&P 100 ETF
OEF
$20.5B
| $3.7M | ﹤0.01% |
40,494
+4,530
| +13% | +$395K |
|
2711
PUT
Agios Pharmaceuticals
AGIO
$2.05B
| $3.7M | ﹤0.01% |
91,100
-21,000
| -19% | -$898K |
|
|
TECD
2712
DELISTED
Tech Data Corp
TECD
| $3.7M | ﹤0.01% |
48,173
-5,431
| -10% | -$373K |
|
2713
Sinclair Inc
SBGI
$1.01B
| $3.69M | ﹤0.01% |
120,065
+8,860
| +8% | +$272K |
|
|
TTSH
2714
CALL
DELISTED
Tile Shop Holdings
TTSH
| $3.69M | ﹤0.01% |
247,400
+34,500
| +16% | +$490K |
|
|
HPY
2715
CALL
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $3.69M | ﹤0.01% |
38,200
+25,100
| +192% | +$2.31M |
|
2716
PUT
Prothena Corp
PRTA
$467M
| $3.68M | ﹤0.01% |
89,500
-9,400
| -10% | -$368K |
|
2717
CALL
TSMC
TSM
$2.22T
| $3.68M | ﹤0.01% |
140,600
-109,900
| -44% | -$2.57M |
|
2718
PUT
ProShares Ultra NASDAQ Biotechnology
BIB
$105M
| $3.68M | ﹤0.01% |
90,100
-114,800
| -56% | -$5.07M |
|
2719
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.05B
| $3.68M | ﹤0.01% |
75,442
+35,448
| +89% | +$1.58M |
|
|
BRCD
2720
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $3.68M | ﹤0.01% |
347,494
-45,484
| -12% | -$415K |
|
2721
Cigna
CI
$73.4B
| $3.67M | ﹤0.01% |
26,761
-55,657
| -68% | -$7.64M |
|
|
SPR
2722
PUT
DELISTED
Spirit AeroSystems
SPR
| $3.67M | ﹤0.01% |
81,000
+65,500
| +423% | +$2.98M |
|
|
BEAV
2723
PUT
DELISTED
B/E Aerospace Inc
BEAV
| $3.67M | ﹤0.01% |
79,600
-25,800
| -24% | -$1.1M |
|
|
HSNI
2724
CALL
DELISTED
HSN, Inc.
HSNI
| $3.67M | ﹤0.01% |
+70,100
| New | +$3.48M |
|
2725
iShares US Medical Devices ETF
IHI
$3.37B
| $3.67M | ﹤0.01% |
179,538
+134,316
| +297% | +$2.61M |
|
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.