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 | |
|---|---|---|---|---|---|---|
|
HOUS
2951
CALL
DELISTED
Anywhere Real Estate
HOUS
| $2.94M | ﹤0.01% |
101,400
+86,300
| +572% | +$2.84M |
|
2952
Avista
AVA
$3.16B
| $2.94M | ﹤0.01% |
65,558
-30,352
| -32% | -$1.24M |
|
2953
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$54.9B
| $2.94M | ﹤0.01% |
116,408
+102,004
| +708% | +$2.56M |
|
2954
Amplify Cybersecurity ETF
HACK
$3.05B
| $2.94M | ﹤0.01% |
122,919
-16,727
| -12% | -$397K |
|
2955
First Trust Long/Short Equity ETF
FTLS
$2.53B
| $2.93M | ﹤0.01% |
92,184
+66,997
| +266% | +$2.13M |
|
2956
PUT
Churchill Downs
CHDN
$6.03B
| $2.93M | ﹤0.01% |
+139,200
| New | +$3.07M |
|
2957
ProShares UltraPro Dow 30
UDOW
$873M
| $2.93M | ﹤0.01% |
336,528
+152,360
| +83% | +$1.29M |
|
2958
PUT
British American Tobacco
BTI
$121B
| $2.93M | ﹤0.01% |
45,200
-600
| -1% | -$36.3K |
|
2959
Invesco S&P Spin-Off ETF
CSD
$225M
| $2.92M | ﹤0.01% |
74,113
-4,634
| -6% | -$182K |
|
2960
GATX Corp
GATX
$6.3B
| $2.92M | ﹤0.01% |
66,355
-2,400
| -3% | -$110K |
|
2961
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$344M
| $2.91M | ﹤0.01% |
417
+138
| +49% | +$1.02M |
|
2962
Dentsply Sirona
XRAY
$2.2B
| $2.9M | ﹤0.01% |
46,761
+42,959
| +1,130% | +$2.64M |
|
2963
PUT
Oshkosh
OSK
$9.68B
| $2.9M | ﹤0.01% |
60,700
-40,100
| -40% | -$1.78M |
|
|
WPX
2964
DELISTED
WPX Energy, Inc.
WPX
| $2.9M | ﹤0.01% |
311,054
-169,875
| -35% | -$1.53M |
|
|
FRC
2965
PUT
DELISTED
First Republic Bank
FRC
| $2.89M | ﹤0.01% |
41,300
-2,300
| -5% | -$159K |
|
2966
Children's Place
PLCE
$54.5M
| $2.89M | ﹤0.01% |
36,041
| – | – |
|
|
2967
PUT
GATX Corp
GATX
$6.3B
| $2.89M | ﹤0.01% |
65,700
+17,800
| +37% | +$816K |
|
|
TEN
2968
PUT
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $2.88M | ﹤0.01% |
61,900
+33,800
| +120% | +$1.73M |
|
2969
PUT
Canadian National Railway
CNI
$76.5B
| $2.88M | ﹤0.01% |
48,800
+11,300
| +30% | +$682K |
|
2970
CALL
Cooper Companies
COO
$13.8B
| $2.88M | ﹤0.01% |
67,200
-140,800
| -68% | -$5.63M |
|
2971
CALL
Xcel Energy
XEL
$48.2B
| $2.88M | ﹤0.01% |
64,300
-46,600
| -42% | -$1.93M |
|
2972
iShares Morningstar US Equity ETF
ILCB
$1.32B
| $2.88M | ﹤0.01% |
93,792
+84,588
| +919% | +$2.56M |
|
|
WCC
2973
PUT
WESCO International
WCC
$17.1B
| $2.88M | ﹤0.01% |
55,900
-29,400
| -34% | -$1.65M |
|
2974
CALL
iShares Russell Mid-Cap Growth ETF
IWP
$20.6B
| $2.87M | ﹤0.01% |
61,400
+41,200
| +204% | +$1.91M |
|
2975
PUT
TD Synnex
SNX
$20.8B
| $2.87M | ﹤0.01% |
60,600
-115,200
| -66% | -$5.05M |
|
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.