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 | |
|---|---|---|---|---|---|---|
2926
CALL
Jacobs Solutions
J
$17.8B
| $3.23M | ﹤0.01% |
89,706
+9,068
| +11% | +$296K |
|
|
BUFF
2927
CALL
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $3.23M | ﹤0.01% |
125,900
+75,500
| +150% | +$1.45M |
|
2928
Johnson Controls International
JCI
$85.4B
| $3.23M | ﹤0.01% |
79,167
-14,201
| -15% | -$542K |
|
|
APU
2929
PUT
DELISTED
AmeriGas Partners, L.P.
APU
| $3.23M | ﹤0.01% |
74,300
+24,400
| +49% | +$967K |
|
2930
CALL
Avnet
AVT
$7.4B
| $3.23M | ﹤0.01% |
72,900
+40,100
| +122% | +$1.65M |
|
|
DBD
2931
CALL
DELISTED
Diebold Nixdorf Incorporated
DBD
| $3.23M | ﹤0.01% |
111,700
+31,200
| +39% | +$815K |
|
|
LCI
2932
DELISTED
Lannett Company, Inc.
LCI
| $3.23M | ﹤0.01% |
45,004
+13,088
| +41% | +$1.39M |
|
|
GMLP
2933
CALL
DELISTED
Golar LNG Partners LP
GMLP
| $3.23M | ﹤0.01% |
219,700
+80,500
| +58% | +$1.08M |
|
2934
Heron Therapeutics
HRTX
$60.7M
| $3.23M | ﹤0.01% |
169,894
-31,838
| -16% | -$628K |
|
2935
CALL
Trinity Industries
TRN
$2.35B
| $3.22M | ﹤0.01% |
244,603
+65,978
| +37% | +$927K |
|
2936
PUT
Texas Capital Bancshares
TCBI
$4.29B
| $3.22M | ﹤0.01% |
83,900
+67,700
| +418% | +$2.51M |
|
2937
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $3.21M | ﹤0.01% |
+221,130
| New | +$3.07M |
|
|
KERX
2938
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $3.21M | ﹤0.01% |
687,952
+306,759
| +80% | +$1.22M |
|
2939
PUT
Sysco
SYY
$39.5B
| $3.21M | ﹤0.01% |
68,700
-266,300
| -79% | -$11.5M |
|
|
JMEI
2940
CALL
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $3.21M | ﹤0.01% |
49,290
+20,120
| +69% | +$1.3M |
|
|
FINL
2941
CALL
DELISTED
Finish Line
FINL
| $3.21M | ﹤0.01% |
152,100
+100,400
| +194% | +$1.86M |
|
|
CPN
2942
DELISTED
Calpine Corporation
CPN
| $3.21M | ﹤0.01% |
211,533
+48,813
| +30% | +$685K |
|
2943
PUT
Shopify
SHOP
$200B
| $3.21M | ﹤0.01% |
1,137,000
-397,000
| -26% | -$940K |
|
2944
CALL
Allegiant Air
ALGT
$2.2B
| $3.21M | ﹤0.01% |
18,000
-6,600
| -27% | -$1.08M |
|
2945
PUT
Unilever
UL
$140B
| $3.2M | ﹤0.01% |
63,022
+42,666
| +210% | +$2.08M |
|
|
LHO
2946
DELISTED
LaSalle Hotel Properties
LHO
| $3.19M | ﹤0.01% |
126,025
+87,458
| +227% | +$2.07M |
|
|
LOCK
2947
DELISTED
LifeLock, Inc.
LOCK
| $3.19M | ﹤0.01% |
264,294
+123,887
| +88% | +$1.46M |
|
|
AMTD
2948
DELISTED
TD Ameritrade Holding Corp
AMTD
| $3.19M | ﹤0.01% |
101,070
+73,452
| +266% | +$2.16M |
|
2949
CALL
OneMain Financial
OMF
$7.41B
| $3.19M | ﹤0.01% |
116,100
+95,200
| +456% | +$2.58M |
|
|
CY
2950
PUT
DELISTED
Cypress Semiconductor
CY
| $3.18M | ﹤0.01% |
367,400
-75,600
| -17% | -$611K |
|
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.