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 | |
|---|---|---|---|---|---|---|
2776
New Jersey Resources
NJR
$5.49B
| $3.28M | ﹤0.01% |
85,140
-9,046
| -10% | -$326K |
|
2777
CALL
Columbia Sportswear
COLM
$2.89B
| $3.28M | ﹤0.01% |
57,000
-2,500
| -4% | -$143K |
|
2778
PUT
Coty
COTY
$2.4B
| $3.28M | ﹤0.01% |
126,100
-96,000
| -43% | -$2.63M |
|
2779
PUT
AutoNation
AN
$6.56B
| $3.27M | ﹤0.01% |
69,700
-112,800
| -62% | -$5.41M |
|
2780
Invesco CurrencyShares Swiss Franc Trust
FXF
$383M
| $3.27M | ﹤0.01% |
33,317
+26,300
| +375% | +$2.61M |
|
2781
Lincoln National
LNC
$8.32B
| $3.26M | ﹤0.01% |
84,200
-14,903
| -15% | -$632K |
|
2782
iShares Morningstar Growth ETF
ILCG
$3.21B
| $3.26M | ﹤0.01% |
139,140
-99,595
| -42% | -$2.35M |
|
2783
CALL
Skywest
SKYW
$3.86B
| $3.26M | ﹤0.01% |
123,100
+40,500
| +49% | +$925K |
|
2784
iShares Russell 2000 Value ETF
IWN
$14.6B
| $3.26M | ﹤0.01% |
33,466
-183,886
| -85% | -$17.5M |
|
2785
Kinross Gold
KGC
$38.5B
| $3.26M | ﹤0.01% |
665,711
+308,811
| +87% | +$1.47M |
|
2786
CALL
Agios Pharmaceuticals
AGIO
$2.05B
| $3.25M | ﹤0.01% |
77,700
+9,900
| +15% | +$489K |
|
|
EWRS
2787
DELISTED
GUGGENHEIM RUSSELL 2000 EQUAL WEIGHT ETF
EWRS
| $3.25M | ﹤0.01% |
79,117
+60,043
| +315% | +$2.47M |
|
2788
Northern Trust Morningstar Global Upstream Natural Resources ETF
GUNR
$7.32B
| $3.25M | ﹤0.01% |
+123,401
| New | +$3.15M |
|
2789
CALL
Norwegian Cruise Line
NCLH
$7.68B
| $3.25M | ﹤0.01% |
81,500
-36,400
| -31% | -$1.73M |
|
|
PRA
2790
DELISTED
ProAssurance
PRA
| $3.25M | ﹤0.01% |
60,635
-64,048
| -51% | -$3.21M |
|
|
HIMX
2791
Himax Technologies
HIMX
$2.45B
| $3.25M | ﹤0.01% |
392,974
-201,215
| -34% | -$1.99M |
|
|
CTRA
2792
PUT
DELISTED
Coterra Energy
CTRA
| $3.24M | ﹤0.01% |
126,000
-862,400
| -87% | -$20.7M |
|
2793
CALL
iShares Russell 1000 ETF
IWB
$49.2B
| $3.24M | ﹤0.01% |
27,700
+17,800
| +180% | +$2.05M |
|
2794
iShares Global Tech ETF
IXN
$9.58B
| $3.24M | ﹤0.01% |
199,638
-15,840
| -7% | -$258K |
|
2795
CALL
First Trust Natural Gas ETF
FCG
$675M
| $3.23M | ﹤0.01% |
132,800
+129,140
| +3,528% | +$3.05M |
|
2796
Pultegroup
PHM
$24.1B
| $3.23M | ﹤0.01% |
165,863
-405,877
| -71% | -$7.53M |
|
2797
Estee Lauder
EL
$38.3B
| $3.23M | ﹤0.01% |
35,500
-3,155
| -8% | -$294K |
|
2798
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$160M
| $3.23M | ﹤0.01% |
82,968
+6,048
| +8% | +$237K |
|
2799
Ameriprise Financial
AMP
$49.2B
| $3.22M | ﹤0.01% |
35,877
+3,447
| +11% | +$333K |
|
2800
TJX Companies
TJX
$149B
| $3.22M | ﹤0.01% |
83,400
-82,018
| -50% | -$3.13M |
|
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.