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 | |
|---|---|---|---|---|---|---|
|
ISEE
2926
CALL
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $2.98M | ﹤0.01% |
58,400
-42,300
| -42% | -$2.1M |
|
|
MOMO
2927
PUT
Hello Group
MOMO
$844M
| $2.98M | ﹤0.01% |
294,400
-79,800
| -21% | -$1.08M |
|
2928
PUT
DTE Energy
DTE
$28.3B
| $2.97M | ﹤0.01% |
35,250
+20,445
| +138% | +$1.58M |
|
2929
CALL
Lumentum
LITE
$85.8B
| $2.97M | ﹤0.01% |
122,900
+78,000
| +174% | +$1.93M |
|
2930
CALL
ProShares UltraShort QQQ
QID
$213M
| $2.97M | ﹤0.01% |
1,241
-2,072
| -63% | -$5.01M |
|
2931
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.79B
| $2.97M | ﹤0.01% |
16
+4
| +33% | +$752K |
|
|
APOL
2932
DELISTED
Apollo Education Group Inc Class A
APOL
| $2.97M | ﹤0.01% |
326,062
-20,435
| -6% | -$176K |
|
2933
PUT
PTC
PTC
$17.2B
| $2.97M | ﹤0.01% |
+79,100
| New | +$2.83M |
|
2934
PUT
Travere Therapeutics
TVTX
$6.36B
| $2.97M | ﹤0.01% |
166,900
+34,600
| +26% | +$560K |
|
2935
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$40.2M
| $2.97M | ﹤0.01% |
3,972
-4,320
| -52% | -$3.81M |
|
2936
Vanguard World Funds Extended Duration ETF
EDV
$3.54B
| $2.97M | ﹤0.01% |
21,486
+10,179
| +90% | +$1.31M |
|
2937
Invesco NASDAQ Internet ETF
PNQI
$547M
| $2.97M | ﹤0.01% |
+193,225
| New | +$2.95M |
|
2938
Sanofi
SNY
$107B
| $2.96M | ﹤0.01% |
70,800
+57,164
| +419% | +$2.34M |
|
2939
CALL
Vanguard Health Care ETF
VHT
$19.4B
| $2.96M | ﹤0.01% |
22,700
+4,400
| +24% | +$565K |
|
|
WP
2940
CALL
DELISTED
Worldpay, Inc.
WP
| $2.96M | ﹤0.01% |
52,300
+9,200
| +21% | +$497K |
|
|
BRSS
2941
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $2.96M | ﹤0.01% |
108,492
+17,982
| +20% | +$477K |
|
2942
CALL
Prothena Corp
PRTA
$467M
| $2.96M | ﹤0.01% |
84,600
+12,700
| +18% | +$553K |
|
2943
CALL
Ziff Davis
ZD
$1.91B
| $2.96M | ﹤0.01% |
53,820
-141,680
| -72% | -$7.88M |
|
2944
CALL
Extra Space Storage
EXR
$30.2B
| $2.95M | ﹤0.01% |
31,900
+9,600
| +43% | +$867K |
|
|
GCI
2945
DELISTED
Gannett Co., Inc
GCI
| $2.95M | ﹤0.01% |
213,623
-40,353
| -16% | -$626K |
|
2946
CALL
Schwab US Broad Market ETF
SCHB
$44.9B
| $2.95M | ﹤0.01% |
351,600
-16,200
| -4% | -$134K |
|
|
ESV
2947
CALL
DELISTED
Ensco Rowan plc
ESV
| $2.95M | ﹤0.01% |
75,925
-23,950
| -24% | -$995K |
|
2948
Logitech
LOGI
$14B
| $2.95M | ﹤0.01% |
181,120
+86,090
| +91% | +$1.34M |
|
|
KRA
2949
DELISTED
Kraton Corporation
KRA
| $2.94M | ﹤0.01% |
+105,461
| New | +$2.58M |
|
|
IBCC
2950
DELISTED
iShares iBonds Mar 2018 Term Corporate ex-Financials ETF
IBCC
| $2.94M | ﹤0.01% |
118,592
-71,276
| -38% | -$1.77M |
|
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.