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 | |
|---|---|---|---|---|---|---|
|
ILB
2901
DELISTED
PIMCO Global Advantage Inflation-Linked Bond Active Exchange-Traded Fund
ILB
| $3.28M | ﹤0.01% |
78,315
+43,914
| +128% | +$1.76M |
|
2902
PUT
El Pollo Loco
LOCO
$463M
| $3.28M | ﹤0.01% |
245,800
-253,400
| -51% | -$3.19M |
|
|
TFCF
2903
PUT
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $3.28M | ﹤0.01% |
116,200
-147,300
| -56% | -$3.96M |
|
2904
PUT
Allegiant Air
ALGT
$2.2B
| $3.28M | ﹤0.01% |
18,400
-300
| -2% | -$49K |
|
2905
KBR
KBR
$4.81B
| $3.27M | ﹤0.01% |
211,520
+125,154
| +145% | +$1.77M |
|
2906
PUT
Ventas
VTR
$47.6B
| $3.27M | ﹤0.01% |
52,000
+300
| +0.6% | +$16.9K |
|
2907
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$162B
| $3.27M | ﹤0.01% |
78,600
+50,500
| +180% | +$1.91M |
|
2908
PUT
Quanta Services
PWR
$93.5B
| $3.27M | ﹤0.01% |
145,000
-43,100
| -23% | -$854K |
|
2909
ProShares Ultra 7-10 Year Treasury
UST
$14.7M
| $3.27M | ﹤0.01% |
53,280
+22,194
| +71% | +$1.33M |
|
2910
CALL
Eagle Materials
EXP
$6.06B
| $3.27M | ﹤0.01% |
46,600
+35,700
| +328% | +$2.08M |
|
2911
GATX Corp
GATX
$6.3B
| $3.27M | ﹤0.01% |
68,755
+21,449
| +45% | +$914K |
|
2912
PUT
Lithia Motors
LAD
$8.16B
| $3.27M | ﹤0.01% |
37,400
+12,600
| +51% | +$1.08M |
|
2913
Stagwell
STGW
$2.17B
| $3.27M | ﹤0.01% |
138,408
+11,300
| +9% | +$229K |
|
2914
First Trust Dow Jones Select MicroCap Index Fund
FDM
$268M
| $3.27M | ﹤0.01% |
98,670
+65,253
| +195% | +$2.02M |
|
|
EBIX
2915
CALL
DELISTED
Ebix Inc
EBIX
| $3.26M | ﹤0.01% |
80,000
-130,400
| -62% | -$4.55M |
|
2916
PUT
Boston Scientific
BSX
$67.6B
| $3.26M | ﹤0.01% |
173,400
-108,900
| -39% | -$1.91M |
|
|
VER
2917
CALL
DELISTED
VEREIT, Inc.
VER
| $3.26M | ﹤0.01% |
73,440
-67,320
| -48% | -$2.67M |
|
2918
CALL
Edgewell Personal Care
EPC
$1.32B
| $3.25M | ﹤0.01% |
40,400
-40,200
| -50% | -$3.08M |
|
|
HOUS
2919
DELISTED
Anywhere Real Estate
HOUS
| $3.25M | ﹤0.01% |
90,019
+67,239
| +295% | +$2.2M |
|
2920
PUT
Analog Devices
ADI
$181B
| $3.25M | ﹤0.01% |
54,900
-340,000
| -86% | -$18.2M |
|
2921
Green Plains
GPRE
$984M
| $3.25M | ﹤0.01% |
203,606
+35,932
| +21% | +$578K |
|
|
FIG
2922
DELISTED
Fortress Investment Group Llc
FIG
| $3.24M | ﹤0.01% |
678,520
+248,393
| +58% | +$1.12M |
|
2923
PUT
BOK Financial
BOKF
$8.4B
| $3.23M | ﹤0.01% |
59,200
+55,000
| +1,310% | +$2.87M |
|
2924
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$792M
| $3.23M | ﹤0.01% |
131,018
+89,549
| +216% | +$2.17M |
|
2925
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.42B
| $3.23M | ﹤0.01% |
47,330
-20,226
| -30% | -$1.33M |
|
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.