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 | |
|---|---|---|---|---|---|---|
2776
CALL
Ultragenyx Pharmaceutical
RARE
$2.59B
| $3.54M | ﹤0.01% |
55,900
+20,000
| +56% | +$1.31M |
|
|
AVB
2777
PUT
DELISTED
AvalonBay Communities
AVB
| $3.54M | ﹤0.01% |
18,600
+5,900
| +46% | +$1.04M |
|
2778
Avis
CAR
$4.93B
| $3.53M | ﹤0.01% |
129,099
+70,347
| +120% | +$1.92M |
|
|
QUNR
2779
DELISTED
Qunar Cayman Islands Limited
QUNR
| $3.53M | ﹤0.01% |
88,986
+26,975
| +44% | +$1.04M |
|
|
ULQ
2780
DELISTED
CLAYMORE US CAPITAL MARKETS MICRO-TERM FIXED INCOME ETF
ULQ
| $3.53M | ﹤0.01% |
70,824
+37,908
| +115% | +$1.89M |
|
2781
ANI Pharmaceuticals
ANIP
$1.69B
| $3.53M | ﹤0.01% |
104,880
+38,551
| +58% | +$1.31M |
|
2782
Molson Coors Class B
TAP
$7.77B
| $3.53M | ﹤0.01% |
36,703
-35,864
| -49% | -$3.2M |
|
2783
CALL
POSCO
PKX
$18.5B
| $3.53M | ﹤0.01% |
74,500
+53,200
| +250% | +$2.1M |
|
|
CAVM
2784
PUT
DELISTED
Cavium, Inc.
CAVM
| $3.52M | ﹤0.01% |
57,600
-17,200
| -23% | -$993K |
|
|
BGG
2785
DELISTED
Briggs & Stratton Corp.
BGG
| $3.52M | ﹤0.01% |
147,217
+118,966
| +421% | +$2.45M |
|
2786
PUT
Vanguard Total World Stock ETF
VT
$81.5B
| $3.52M | ﹤0.01% |
61,000
+56,100
| +1,145% | +$3.06M |
|
|
INVN
2787
DELISTED
Invensense Inc
INVN
| $3.51M | ﹤0.01% |
418,038
-422,692
| -50% | -$3.36M |
|
|
VMRK
2788
PUT
Vivmark Residential
VMRK
$26.1B
| $3.51M | ﹤0.01% |
46,800
+13,400
| +40% | +$1M |
|
2789
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.68B
| $3.51M | ﹤0.01% |
112,923
+44,657
| +65% | +$1.3M |
|
2790
CALL
LPL Financial
LPLA
$28.4B
| $3.51M | ﹤0.01% |
141,400
+3,300
| +2% | +$89.1K |
|
2791
PUT
SolarEdge
SEDG
$2.06B
| $3.51M | ﹤0.01% |
139,500
+110,200
| +376% | +$2.88M |
|
|
SHLX
2792
CALL
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $3.51M | ﹤0.01% |
95,800
+30,000
| +46% | +$1.06M |
|
2793
Gentex
GNTX
$4.86B
| $3.5M | ﹤0.01% |
223,345
-299,003
| -57% | -$4.35M |
|
2794
CALL
AllianceBernstein
AB
$3.41B
| $3.5M | ﹤0.01% |
149,500
+3,700
| +3% | +$75.1K |
|
2795
Kimberly-Clark
KMB
$36.6B
| $3.5M | ﹤0.01% |
26,042
-24,543
| -49% | -$3.19M |
|
2796
PUT
WisdomTree Europe SmallCap Dividend Fund
DFE
$168M
| $3.5M | ﹤0.01% |
61,400
+29,900
| +95% | +$1.59M |
|
2797
PUT
Tractor Supply
TSCO
$18.1B
| $3.5M | ﹤0.01% |
193,500
+42,000
| +28% | +$719K |
|
|
BOBE
2798
PUT
DELISTED
Bob Evans Farms, Inc.
BOBE
| $3.5M | ﹤0.01% |
74,900
-10,000
| -12% | -$422K |
|
2799
PUT
Emergent Biosolutions
EBS
$305M
| $3.49M | ﹤0.01% |
+96,100
| New | +$3.39M |
|
2800
CALL
Pentair
PNR
$9.91B
| $3.49M | ﹤0.01% |
95,743
-39,160
| -29% | -$1.27M |
|
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.