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 | |
|---|---|---|---|---|---|---|
2826
CALL
Old Dominion Freight Line
ODFL
$41.5B
| $3.18M | ﹤0.01% |
158,400
+93,000
| +142% | +$1.99M |
|
2827
PUT
Leidos
LDOS
$17.6B
| $3.18M | ﹤0.01% |
66,500
+40,800
| +159% | +$2.02M |
|
2828
Fulton Financial
FULT
$4.54B
| $3.18M | ﹤0.01% |
235,561
-20,300
| -8% | -$278K |
|
2829
iShares Core S&P US Growth ETF
IUSG
$33.7B
| $3.18M | ﹤0.01% |
77,854
-52,920
| -40% | -$2.15M |
|
|
CSOD
2830
PUT
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $3.18M | ﹤0.01% |
83,500
+38,600
| +86% | +$1.44M |
|
2831
PUT
iShares S&P 100 ETF
OEF
$20.4B
| $3.18M | ﹤0.01% |
34,200
+17,800
| +109% | +$1.64M |
|
2832
Invesco S&P 500 Revenue ETF
RWL
$9.96B
| $3.18M | ﹤0.01% |
77,933
+69,233
| +796% | +$2.79M |
|
2833
PUT
Agilent Technologies
A
$44.3B
| $3.18M | ﹤0.01% |
71,600
+48,000
| +203% | +$2.07M |
|
2834
WisdomTree US MidCap Fund
EZM
$956M
| $3.17M | ﹤0.01% |
104,310
-227,748
| -69% | -$6.91M |
|
2835
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$252M
| $3.17M | ﹤0.01% |
122,995
+17,685
| +17% | +$433K |
|
2836
CALL
Open Text
OTEX
$6.07B
| $3.17M | ﹤0.01% |
107,200
-21,800
| -17% | -$617K |
|
|
ZOES
2837
PUT
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $3.17M | ﹤0.01% |
87,400
-30,600
| -26% | -$1.15M |
|
2838
DigitalBridge
DBRG
$2.99B
| $3.17M | ﹤0.01% |
77,605
-42,594
| -35% | -$2.03M |
|
|
VNET
2839
CALL
VNET Group
VNET
$1.88B
| $3.17M | ﹤0.01% |
310,200
+263,800
| +569% | +$4.21M |
|
2840
CALL
GATX Corp
GATX
$6.3B
| $3.17M | ﹤0.01% |
72,000
+38,900
| +118% | +$1.78M |
|
2841
PUT
Pacific Biosciences
PACB
$482M
| $3.17M | ﹤0.01% |
450,100
+232,100
| +106% | +$2.12M |
|
2842
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.21B
| $3.16M | ﹤0.01% |
123,341
+114,517
| +1,298% | +$2.95M |
|
|
SNBR
2843
DELISTED
Sleep Number
SNBR
| $3.16M | ﹤0.01% |
147,995
+97,456
| +193% | +$2.13M |
|
2844
PUT
Jefferies Financial Group
JEF
$12.3B
| $3.16M | ﹤0.01% |
203,876
-93,727
| -31% | -$1.43M |
|
2845
Equinor
EQNR
$98.7B
| $3.16M | ﹤0.01% |
182,630
+9,358
| +5% | +$153K |
|
|
RDC
2846
CALL
DELISTED
Rowan Companies Plc
RDC
| $3.16M | ﹤0.01% |
178,900
+9,800
| +6% | +$170K |
|
2847
IAMGOLD
IAG
$12.3B
| $3.15M | ﹤0.01% |
761,800
+512,919
| +206% | +$1.75M |
|
|
ASRT
2848
PUT
DELISTED
Assertio
ASRT
| $3.15M | ﹤0.01% |
2,678
-1,035
| -28% | -$1.13M |
|
2849
CALL
Edison International
EIX
$28.3B
| $3.15M | ﹤0.01% |
40,600
-21,100
| -34% | -$1.51M |
|
2850
CALL
Boston Properties
BXP
$11.2B
| $3.15M | ﹤0.01% |
23,900
+7,400
| +45% | +$950K |
|
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.