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 | |
|---|---|---|---|---|---|---|
3101
CALL
Madison Square Garden
MSGS
$9.33B
| $2.88M | ﹤0.01% |
24,255
+21,451
| +765% | +$2.39M |
|
3102
PUT
LPL Financial
LPLA
$29B
| $2.87M | ﹤0.01% |
115,900
+97,000
| +513% | +$2.62M |
|
3103
Masco
MAS
$14.3B
| $2.87M | ﹤0.01% |
91,301
-231,496
| -72% | -$6.38M |
|
|
OIL
3104
PUT
DELISTED
Barclays Bank PLC iPath Exchange Traded Notes Linked to Goldman Sachs Crude Oil Total Return In
OIL
| $2.87M | ﹤0.01% |
560,800
-857,500
| -60% | -$4.4M |
|
3105
PUT
Huntington Bancshares
HBAN
$34.1B
| $2.87M | ﹤0.01% |
300,400
+147,100
| +96% | +$1.36M |
|
|
CIM
3106
Chimera Investment
CIM
$965M
| $2.86M | ﹤0.01% |
70,247
+10,049
| +17% | +$391K |
|
|
TSS
3107
PUT
DELISTED
Total System Services, Inc.
TSS
| $2.86M | ﹤0.01% |
60,200
+41,000
| +214% | +$1.8M |
|
3108
CALL
Super Micro Computer
SMCI
$24.1B
| $2.86M | ﹤0.01% |
840,000
-475,000
| -36% | -$1.42M |
|
3109
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.27B
| $2.86M | ﹤0.01% |
99,153
+6,430
| +7% | +$175K |
|
|
JMBA
3110
PUT
DELISTED
Jamba, Inc.
JMBA
| $2.86M | ﹤0.01% |
231,400
-325,800
| -58% | -$4.15M |
|
3111
First Interstate BancSystem
FIBK
$3.54B
| $2.86M | ﹤0.01% |
101,660
+51,447
| +102% | +$1.39M |
|
|
HAPN
3112
CALL
Happen Inc
HAPN
$2.09B
| $2.86M | ﹤0.01% |
68,860
+16,340
| +31% | +$686K |
|
3113
Ultragenyx Pharmaceutical
RARE
$2.55B
| $2.86M | ﹤0.01% |
45,140
+36,426
| +418% | +$2.38M |
|
3114
CALL
Charles River Laboratories
CRL
$14B
| $2.85M | ﹤0.01% |
37,600
+27,400
| +269% | +$2.03M |
|
|
XONE
3115
CALL
DELISTED
The ExOne Company
XONE
| $2.85M | ﹤0.01% |
217,300
+4,200
| +2% | +$40K |
|
|
WGL
3116
DELISTED
Wgl Holdings
WGL
| $2.85M | ﹤0.01% |
39,450
-44,657
| -53% | -$2.99M |
|
3117
PUT
SFL Corp
SFL
$1.72B
| $2.85M | ﹤0.01% |
205,500
-4,600
| -2% | -$61.8K |
|
|
EUFX
3118
DELISTED
ProShares Short Euro
EUFX
| $2.85M | ﹤0.01% |
68,397
+13,341
| +24% | +$575K |
|
3119
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $2.85M | ﹤0.01% |
27,731
+16,112
| +139% | +$1.61M |
|
3120
Sun Life Financial
SLF
$43.7B
| $2.85M | ﹤0.01% |
88,195
-63,864
| -42% | -$1.87M |
|
|
APOL
3121
DELISTED
Apollo Education Group Inc Class A
APOL
| $2.85M | ﹤0.01% |
346,497
+76,005
| +28% | +$604K |
|
|
BPT
3122
PUT
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $2.85M | ﹤0.01% |
201,800
+139,000
| +221% | +$3.24M |
|
3123
PUT
Enovis
ENOV
$1.45B
| $2.85M | ﹤0.01% |
57,810
-48,339
| -46% | -$2.06M |
|
3124
PUT
Ovintiv
OVV
$17.8B
| $2.84M | ﹤0.01% |
93,400
-54,080
| -37% | -$1.24M |
|
|
LSI
3125
CALL
DELISTED
Life Storage, Inc.
LSI
| $2.84M | ﹤0.01% |
36,150
-300
| -0.8% | -$21.8K |
|
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.