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 | |
|---|---|---|---|---|---|---|
|
PVG
3176
DELISTED
PRETIUM RESOURCES INC.
PVG
| $2.51M | ﹤0.01% |
224,037
-234,436
| -51% | -$1.86M |
|
|
EXAM
3177
PUT
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $2.51M | ﹤0.01% |
72,000
-26,500
| -27% | -$903K |
|
3178
PUT
Axalta
AXTA
$7.85B
| $2.51M | ﹤0.01% |
94,500
+77,100
| +443% | +$2.18M |
|
3179
LivaNova
LIVN
$4.41B
| $2.5M | ﹤0.01% |
49,805
+42,675
| +599% | +$2.16M |
|
3180
Comfort Systems
FIX
$56.8B
| $2.5M | ﹤0.01% |
76,704
-9,135
| -11% | -$291K |
|
3181
PUT
Encore Capital Group
ECPG
$2.16B
| $2.5M | ﹤0.01% |
106,100
+96,700
| +1,029% | +$2.48M |
|
3182
First Trust Mid Cap Value AlphaDEX Fund
FNK
$232M
| $2.5M | ﹤0.01% |
89,804
+64,195
| +251% | +$1.81M |
|
|
OA
3183
PUT
DELISTED
Orbital ATK, Inc.
OA
| $2.5M | ﹤0.01% |
29,300
-17,200
| -37% | -$1.5M |
|
3184
PUT
Weibo
WB
$1.71B
| $2.49M | ﹤0.01% |
87,800
+67,600
| +335% | +$1.64M |
|
3185
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.6B
| $2.49M | ﹤0.01% |
23,454
+14,105
| +151% | +$1.47M |
|
3186
CALL
iShares US Healthcare ETF
IYH
$3.76B
| $2.49M | ﹤0.01% |
84,000
-80,500
| -49% | -$2.35M |
|
3187
Vanguard Consumer Discretionary ETF
VCR
$5.98B
| $2.49M | ﹤0.01% |
20,432
-23,213
| -53% | -$2.86M |
|
3188
CALL
Nabors Industries
NBR
$1.39B
| $2.49M | ﹤0.01% |
4,958
+3,536
| +249% | +$1.67M |
|
3189
Church & Dwight Co
CHD
$24.3B
| $2.49M | ﹤0.01% |
48,400
-26,602
| -35% | -$1.28M |
|
3190
Sun Life Financial
SLF
$43.8B
| $2.49M | ﹤0.01% |
75,859
-12,336
| -14% | -$413K |
|
3191
Apollo Global Management
APO
$78.8B
| $2.49M | ﹤0.01% |
164,201
-93,808
| -36% | -$1.54M |
|
3192
CALL
Regions Financial
RF
$25.9B
| $2.49M | ﹤0.01% |
292,300
-30,300
| -9% | -$274K |
|
3193
CALL
World Acceptance Corp
WRLD
$886M
| $2.48M | ﹤0.01% |
54,500
-118,700
| -69% | -$4.82M |
|
3194
Coty
COTY
$2.43B
| $2.48M | ﹤0.01% |
95,458
-47,249
| -33% | -$1.29M |
|
|
SEE
3195
DELISTED
Sealed Air
SEE
| $2.48M | ﹤0.01% |
53,969
+4,699
| +10% | +$225K |
|
3196
PUT
Columbia Sportswear
COLM
$2.91B
| $2.48M | ﹤0.01% |
43,100
-18,500
| -30% | -$1.06M |
|
3197
Invesco Solar ETF
TAN
$1.29B
| $2.48M | ﹤0.01% |
118,313
+45,896
| +63% | +$1.01M |
|
3198
PUT
AMN Healthcare
AMN
$1.36B
| $2.48M | ﹤0.01% |
62,000
+40,300
| +186% | +$1.49M |
|
3199
CALL
Cimpress
CMPR
$2.17B
| $2.48M | ﹤0.01% |
26,800
+12,100
| +82% | +$1.14M |
|
|
FNCF
3200
DELISTED
iShares Edge MSCI Multifactor Financials ETF
FNCF
| $2.48M | ﹤0.01% |
+99,230
| New | +$2.53M |
|
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.