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 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $104M | 0.06% |
2,682,400
+429,500
| +19% | +$18.1M |
|
302
CALL
UnitedHealth
UNH
$350B
| $103M | 0.06% |
732,300
-800,800
| -52% | -$107M |
|
303
PUT
American Express
AXP
$227B
| $103M | 0.06% |
1,696,700
-57,800
| -3% | -$3.66M |
|
304
CALL
Ford
F
$57.5B
| $103M | 0.06% |
8,193,700
+3,022,500
| +58% | +$39.8M |
|
305
PUT
Halliburton
HAL
$29.4B
| $103M | 0.06% |
2,264,100
-323,000
| -12% | -$13.3M |
|
|
X
306
PUT
DELISTED
US Steel
X
| $102M | 0.05% |
6,064,100
-4,671,400
| -44% | -$78.5M |
|
307
PUT
Viatris
VTRS
$18.7B
| $102M | 0.05% |
2,349,700
+539,800
| +30% | +$23.9M |
|
|
EA
308
PUT
DELISTED
Electronic Arts
EA
| $101M | 0.05% |
1,337,600
+477,700
| +56% | +$33.6M |
|
309
CALL
Prudential Financial
PRU
$41.8B
| $101M | 0.05% |
1,419,800
+1,000,500
| +239% | +$75.5M |
|
|
APC
310
CALL
DELISTED
Anadarko Petroleum
APC
| $101M | 0.05% |
1,900,600
-538,300
| -22% | -$27.3M |
|
311
Blackstone
BX
$108B
| $100M | 0.05% |
4,091,469
-200,291
| -5% | -$5.33M |
|
312
CALL
Energy Transfer Partners
ET
$73B
| $99.3M | 0.05% |
6,911,100
+2,414,900
| +54% | +$28.8M |
|
313
BP
BP
$115B
| $98.8M | 0.05% |
3,308,317
-196,540
| -6% | -$5.3M |
|
314
CALL
RTX Corp
RTX
$283B
| $98.5M | 0.05% |
1,526,235
-638,936
| -30% | -$40.9M |
|
315
PUT
McKesson
MCK
$100B
| $98.3M | 0.05% |
526,700
+362,600
| +221% | +$63.6M |
|
316
PUT
Constellation Brands
STZ
$23.2B
| $97.4M | 0.05% |
588,700
+134,700
| +30% | +$21.1M |
|
317
CALL
Freeport-McMoran
FCX
$110B
| $97M | 0.05% |
8,706,700
+1,323,800
| +18% | +$14.7M |
|
318
CALL
Trip.com Group
TCOM
$29B
| $97M | 0.05% |
2,354,000
-197,300
| -8% | -$8.61M |
|
319
CALL
Western Digital
WDC
$166B
| $96.8M | 0.05% |
2,709,901
+339,482
| +14% | +$11.2M |
|
|
320
CALL
Macy's
M
$6B
| $95M | 0.05% |
2,826,000
+644,500
| +30% | +$23.1M |
|
321
PUT
Mastercard
MA
$509B
| $94.3M | 0.05% |
1,071,000
+66,400
| +7% | +$6.34M |
|
|
SCTY
322
PUT
DELISTED
SolarCity Corporation
SCTY
| $94.3M | 0.05% |
3,940,900
+1,663,500
| +73% | +$41M |
|
|
323
PUT
Freeport-McMoran
FCX
$110B
| $93.2M | 0.05% |
8,366,800
-1,906,700
| -19% | -$21.1M |
|
324
CALL
Lockheed Martin
LMT
$130B
| $93.1M | 0.05% |
375,100
-134,800
| -26% | -$31.8M |
|
|
B
325
CALL
Barrick Mining
B
$78.3B
| $92.3M | 0.05% |
4,322,200
+42,800
| +1% | +$762K |
|
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's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.