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 | |
|---|---|---|---|---|---|---|
2726
Bristol-Myers Squibb
BMY
$137B
| $3.66M | ﹤0.01% |
57,316
-19,825
| -26% | -$1.25M |
|
|
SGI
2727
PUT
Somnigroup International
SGI
$13.1B
| $3.66M | ﹤0.01% |
240,800
-263,600
| -52% | -$3.9M |
|
|
NAV
2728
PUT
DELISTED
Navistar International
NAV
| $3.66M | ﹤0.01% |
292,000
-137,000
| -32% | -$1.25M |
|
2729
Invesco KBW Property & Casualty Insurance ETF
KBWP
$285M
| $3.65M | ﹤0.01% |
74,370
+39,696
| +114% | +$1.85M |
|
2730
Estee Lauder
EL
$38.4B
| $3.65M | ﹤0.01% |
38,655
+576
| +2% | +$51.3K |
|
2731
CALL
Main Street Capital
MAIN
$5.48B
| $3.65M | ﹤0.01% |
116,300
+52,700
| +83% | +$1.53M |
|
2732
Paychex
PAYX
$45B
| $3.65M | ﹤0.01% |
67,514
-13,636
| -17% | -$687K |
|
2733
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84M
| $3.65M | ﹤0.01% |
63,990
+25,641
| +67% | +$1.42M |
|
2734
Gaming and Leisure Properties
GLPI
$12.3B
| $3.64M | ﹤0.01% |
117,796
+5,942
| +5% | +$161K |
|
|
SA
2735
Seabridge Gold
SA
$3.67B
| $3.63M | ﹤0.01% |
331,382
-206,947
| -38% | -$1.81M |
|
|
XL
2736
CALL
DELISTED
XL Group Ltd.
XL
| $3.63M | ﹤0.01% |
98,700
+3,200
| +3% | +$114K |
|
2737
Dominion Energy
D
$58.5B
| $3.63M | ﹤0.01% |
48,340
-20,299
| -30% | -$1.44M |
|
|
AXON
2738
Axon Enterprise
AXON
$49.7B
| $3.62M | ﹤0.01% |
184,629
-340,024
| -65% | -$5.83M |
|
|
2739
PUT
Main Street Capital
MAIN
$5.48B
| $3.62M | ﹤0.01% |
115,600
+76,500
| +196% | +$2.22M |
|
2740
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$527M
| $3.62M | ﹤0.01% |
99,069
+83,160
| +523% | +$2.83M |
|
|
ICON
2741
CALL
DELISTED
Iconix Brand Group, Inc.
ICON
| $3.62M | ﹤0.01% |
44,990
+28,880
| +179% | +$2.09M |
|
2742
PUT
Assurant
AIZ
$14.1B
| $3.61M | ﹤0.01% |
46,800
+28,600
| +157% | +$2.17M |
|
2743
CALL
Apollo Global Management
APO
$78.8B
| $3.61M | ﹤0.01% |
210,800
-462,300
| -69% | -$6.93M |
|
|
ENLK
2744
CALL
DELISTED
EnLink Midstream Partners, LP
ENLK
| $3.61M | ﹤0.01% |
298,900
+248,600
| +494% | +$2.73M |
|
2745
PUT
Radware
RDWR
$1.24B
| $3.61M | ﹤0.01% |
304,900
+129,700
| +74% | +$1.57M |
|
2746
PUT
Dine Brands
DIN
$422M
| $3.61M | ﹤0.01% |
38,600
-43,300
| -53% | -$3.79M |
|
2747
PUT
Encompass Health
EHC
$11.8B
| $3.6M | ﹤0.01% |
+120,421
| New | +$3.32M |
|
|
PPLI
2748
PUT
People Inc
PPLI
$2.93B
| $3.6M | ﹤0.01% |
428,049
-1,364,720
| -76% | -$11.7M |
|
|
QUOT
2749
CALL
DELISTED
Quotient Technology Inc
QUOT
| $3.6M | ﹤0.01% |
339,700
+111,500
| +49% | +$847K |
|
2750
CALL
Direxion Daily Real Estate Bull 3X ETF
DRN
$44M
| $3.6M | ﹤0.01% |
164,800
-52,800
| -24% | -$916K |
|
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.