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 | |
|---|---|---|---|---|---|---|
|
GASL
3026
CALL
DELISTED
Direxion Daily Natural Gas Related Bull 3X Shares
GASL
| $3.03M | ﹤0.01% |
232
+204
| +729% | +$2.9M |
|
3027
CALL
DigitalBridge
DBRG
$2.99B
| $3.03M | ﹤0.01% |
66,725
+46,075
| +223% | +$2.04M |
|
3028
PUT
Wabtec
WAB
$49.3B
| $3.03M | ﹤0.01% |
38,200
-101,300
| -73% | -$7.02M |
|
|
JGBB
3029
DELISTED
WISDOMTREE TR JAPAN INT RATE STRATEGY FD
JGBB
| $3.02M | ﹤0.01% |
67,472
-2,140
| -3% | -$98.3K |
|
3030
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.34B
| $3.02M | ﹤0.01% |
+62,949
| New | +$2.74M |
|
3031
PUT
Avery Dennison
AVY
$13.4B
| $3.02M | ﹤0.01% |
41,900
+35,000
| +507% | +$2.26M |
|
3032
CALL
Schwab US Broad Market ETF
SCHB
$44.8B
| $3.02M | ﹤0.01% |
367,800
+114,000
| +45% | +$886K |
|
|
ABAX
3033
DELISTED
Abaxis Inc
ABAX
| $3.02M | ﹤0.01% |
66,515
+34,504
| +108% | +$1.53M |
|
|
ESL
3034
CALL
DELISTED
Esterline Technologies
ESL
| $3.02M | ﹤0.01% |
47,100
+7,600
| +19% | +$500K |
|
3035
PUT
Groupon
GRPN
$791M
| $3.02M | ﹤0.01% |
37,815
-36,245
| -49% | -$2.5M |
|
3036
PUT
Cardinal Health
CAH
$54.7B
| $3.02M | ﹤0.01% |
36,800
-64,500
| -64% | -$5.24M |
|
3037
CALL
Carlyle Group
CG
$17.7B
| $3.02M | ﹤0.01% |
178,700
+149,100
| +504% | +$2.18M |
|
|
TGP
3038
DELISTED
Teekay LNG Partners L.P.
TGP
| $3.02M | ﹤0.01% |
237,897
+220,844
| +1,295% | +$2.5M |
|
3039
Amdocs
DOX
$6.6B
| $3.01M | ﹤0.01% |
49,855
-20,710
| -29% | -$1.16M |
|
3040
PUT
Suburban Propane Partners
SPH
$1.18B
| $3.01M | ﹤0.01% |
100,700
-109,600
| -52% | -$2.88M |
|
3041
iShares MSCI ACWI ETF
ACWI
$33.4B
| $3.01M | ﹤0.01% |
53,648
-1,848,318
| -97% | -$98M |
|
3042
Children's Place
PLCE
$54.9M
| $3.01M | ﹤0.01% |
36,041
+31,996
| +791% | +$2.17M |
|
3043
RPC Inc
RES
$1.41B
| $3M | ﹤0.01% |
211,843
+43,100
| +26% | +$547K |
|
3044
CALL
WEC Energy
WEC
$34.6B
| $3M | ﹤0.01% |
49,900
+35,200
| +239% | +$1.97M |
|
3045
PUT
Armstrong World Industries
AWI
$7.34B
| $2.99M | ﹤0.01% |
61,900
+53,600
| +646% | +$2.2M |
|
3046
Radware
RDWR
$1.21B
| $2.99M | ﹤0.01% |
253,017
+4,244
| +2% | +$51.2K |
|
|
NUVA
3047
DELISTED
NuVasive, Inc.
NUVA
| $2.99M | ﹤0.01% |
61,418
+13,389
| +28% | +$608K |
|
3048
Delek US
DK
$4.46B
| $2.98M | ﹤0.01% |
195,655
+83,425
| +74% | +$1.35M |
|
3049
Ciena
CIEN
$54.5B
| $2.98M | ﹤0.01% |
156,733
+130,860
| +506% | +$2.42M |
|
3050
PUT
Omnicom Group
OMC
$24.3B
| $2.98M | ﹤0.01% |
35,800
+12,100
| +51% | +$912K |
|
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.