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 | |
|---|---|---|---|---|---|---|
2976
CALL
Chord Energy
CHRD
$7.89B
| $3.13M | ﹤0.01% |
430,300
-466,500
| -52% | -$2.78M |
|
2977
CALL
iShares S&P 500 Value ETF
IVE
$50.2B
| $3.13M | ﹤0.01% |
34,800
+25,000
| +255% | +$2.13M |
|
2978
iShares US Home Construction ETF
ITB
$2.25B
| $3.13M | ﹤0.01% |
115,381
+54,621
| +90% | +$1.34M |
|
|
X
2979
DELISTED
US Steel
X
| $3.12M | ﹤0.01% |
194,517
-3,181,777
| -94% | -$31.7M |
|
2980
PUT
Westlake Corp
WLK
$9.49B
| $3.12M | ﹤0.01% |
67,300
+45,000
| +202% | +$2.04M |
|
2981
Global Net Lease
GNL
$2.13B
| $3.12M | ﹤0.01% |
121,296
+47,294
| +64% | +$1.08M |
|
2982
Credicorp
BAP
$29.6B
| $3.11M | ﹤0.01% |
23,752
+20,451
| +620% | +$2.25M |
|
2983
PUT
Celanese
CE
$4.91B
| $3.11M | ﹤0.01% |
47,500
+24,000
| +102% | +$1.49M |
|
|
BEAV
2984
DELISTED
B/E Aerospace Inc
BEAV
| $3.11M | ﹤0.01% |
67,361
-34,727
| -34% | -$1.49M |
|
|
ASRT
2985
PUT
DELISTED
Assertio
ASRT
| $3.1M | ﹤0.01% |
3,713
-1,159
| -24% | -$1.07M |
|
2986
CALL
Sturm, Ruger & Co
RGR
$610M
| $3.1M | ﹤0.01% |
45,400
+4,700
| +12% | +$306K |
|
2987
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $3.1M | ﹤0.01% |
30,200
-120,033
| -80% | -$12M |
|
2988
CALL
Papa John's
PZZA
$774M
| $3.1M | ﹤0.01% |
57,200
+6,400
| +13% | +$336K |
|
2989
Northern Trust Morningstar US Market Factor Tilt ETF
TILT
$2.25B
| $3.1M | ﹤0.01% |
+36,568
| New | +$2.9M |
|
|
WBIA
2990
DELISTED
WBI BullBear Rising Income 2000 ETF
WBIA
| $3.1M | ﹤0.01% |
144,280
+111,231
| +337% | +$2.34M |
|
|
FXS
2991
DELISTED
Invesco CurrencyShares Swedish Krona Trust
FXS
| $3.09M | ﹤0.01% |
25,652
+16,576
| +183% | +$1.93M |
|
2992
CALL
ProShares UltraShort Real Estate
SRS
$14M
| $3.09M | ﹤0.01% |
9,825
-4,650
| -32% | -$1.76M |
|
|
MLNX
2993
PUT
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $3.09M | ﹤0.01% |
56,900
-172,000
| -75% | -$7.98M |
|
2994
Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF
TLTD
$692M
| $3.09M | ﹤0.01% |
57,009
-10,714
| -16% | -$553K |
|
2995
PUT
ProShares UltraShort MidCap400
MZZ
$4.19M
| $3.09M | ﹤0.01% |
21,150
-1,200
| -5% | -$209K |
|
|
SOHU
2996
CALL
Sohu.com
SOHU
$366M
| $3.09M | ﹤0.01% |
62,300
-200
| -0.3% | -$9.68K |
|
|
CA
2997
DELISTED
CA, Inc.
CA
| $3.08M | ﹤0.01% |
100,165
-147,809
| -60% | -$4.24M |
|
|
SEP
2998
CALL
DELISTED
Spectra Engy Parters Lp
SEP
| $3.08M | ﹤0.01% |
64,000
+42,200
| +194% | +$1.92M |
|
|
XIV
2999
DELISTED
VelocityShares Daily Inverse VIX Short Term ETN
XIV
| $3.08M | ﹤0.01% |
+118,979
| New | +$2.45M |
|
3000
CALL
Teleflex
TFX
$5.88B
| $3.08M | ﹤0.01% |
19,600
+14,400
| +277% | +$2.01M |
|
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.