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 | Financials | 1.95% |
| 2 | Technology | 1.63% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.39% |
| 5 | Healthcare | 1.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $124M | 0.07% |
2,318,100
-744,300
| -24% | -$43.7M |
|
252
CALL
Micron Technology
MU
$1.09T
| $124M | 0.07% |
11,809,300
-945,300
| -7% | -$10.6M |
|
253
NETSCOUT
NTCT
$2.8B
| $123M | 0.07% |
5,365,580
-605,675
| -10% | -$13.6M |
|
254
CALL
ConocoPhillips
COP
$162B
| $123M | 0.07% |
3,059,100
+127,300
| +4% | +$4.84M |
|
255
CALL
Tyson Foods
TSN
$20.6B
| $123M | 0.07% |
1,845,900
-534,400
| -22% | -$32.1M |
|
256
CALL
Eli Lilly
LLY
$1.12T
| $122M | 0.07% |
1,699,900
-230,700
| -12% | -$17.5M |
|
|
PARA
257
CALL
DELISTED
Paramount Global Class B
PARA
| $121M | 0.06% |
2,199,700
-169,500
| -7% | -$8.25M |
|
258
CALL
Monster Beverage
MNST
$93.6B
| $121M | 0.06% |
10,869,600
+1,806,000
| +20% | +$20.1M |
|
259
Blackstone
BX
$108B
| $120M | 0.06% |
4,291,760
-1,162,408
| -21% | -$30.7M |
|
260
Herbalife
HLF
$1.33B
| $119M | 0.06% |
3,867,092
+1,720,978
| +80% | +$44.4M |
|
261
CALL
Yum! Brands
YUM
$41.8B
| $117M | 0.06% |
1,992,608
-555,148
| -22% | -$29.1M |
|
|
AET
262
PUT
DELISTED
Aetna Inc
AET
| $117M | 0.06% |
1,041,600
+38,200
| +4% | +$4.09M |
|
263
Wells Fargo
WFC
$254B
| $117M | 0.06% |
2,418,582
+233,871
| +11% | +$11.5M |
|
|
LNKD
264
PUT
DELISTED
LinkedIn Corporation
LNKD
| $117M | 0.06% |
1,022,100
-76,300
| -7% | -$11.2M |
|
265
PUT
Skyworks Solutions
SWKS
$10.1B
| $117M | 0.06% |
1,500,000
+9,700
| +0.7% | +$658K |
|
|
LNKD
266
CALL
DELISTED
LinkedIn Corporation
LNKD
| $117M | 0.06% |
1,021,800
+70,400
| +7% | +$10.3M |
|
267
ExxonMobil
XOM
$679B
| $116M | 0.06% |
1,392,448
+680,483
| +96% | +$54.5M |
|
268
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $115M | 0.06% |
2,909,200
-8,878,600
| -75% | -$331M |
|
269
PUT
Comcast
CMCSA
$95.3B
| $115M | 0.06% |
3,764,800
-1,940,600
| -34% | -$55.7M |
|
270
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $115M | 0.06% |
944,725
+247,250
| +35% | +$26.8M |
|
|
SNDK
271
PUT
DELISTED
SANDISK CORP
SNDK
| $114M | 0.06% |
1,497,500
-280,300
| -16% | -$20.2M |
|
|
APC
272
CALL
DELISTED
Anadarko Petroleum
APC
| $114M | 0.06% |
2,438,900
+389,000
| +19% | +$15.8M |
|
|
273
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $113M | 0.06% |
932,800
-164,650
| -15% | -$17.8M |
|
274
CALL
Lockheed Martin
LMT
$130B
| $113M | 0.06% |
509,900
+315,900
| +163% | +$68M |
|
275
CALL
Trip.com Group
TCOM
$29B
| $113M | 0.06% |
2,551,300
+675,300
| +36% | +$28.2M |
|
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 $22.6B 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 Financials at 2% of assets, down from 2.2% a quarter earlier, followed by Technology and Consumer Discretionary.
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.