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 | |
|---|---|---|---|---|---|---|
3226
CALL
Mettler-Toledo International
MTD
$28B
| $2.65M | ﹤0.01% |
7,700
-2,400
| -24% | -$772K |
|
3227
KB Home
KBH
$3.36B
| $2.65M | ﹤0.01% |
185,868
-261,131
| -58% | -$3.05M |
|
3228
EPAM Systems
EPAM
$5.92B
| $2.65M | ﹤0.01% |
35,536
+17,026
| +92% | +$1.18M |
|
3229
CALL
Quanta Services
PWR
$90.6B
| $2.65M | ﹤0.01% |
117,600
-23,100
| -16% | -$458K |
|
|
WIN
3230
PUT
DELISTED
Windstream Holdings Inc
WIN
| $2.65M | ﹤0.01% |
69,000
-720
| -1% | -$23.4K |
|
3231
CALL
Chemours
CC
$2.35B
| $2.65M | ﹤0.01% |
378,500
+19,100
| +5% | +$96K |
|
3232
PUT
Invesco Senior Loan ETF
BKLN
$6.78B
| $2.64M | ﹤0.01% |
116,400
-40,700
| -26% | -$906K |
|
|
IMPV
3233
CALL
DELISTED
Imperva, Inc.
IMPV
| $2.64M | ﹤0.01% |
52,300
-16,500
| -24% | -$794K |
|
3234
PUT
Liberty Media Series A
FWONA
$23.4B
| $2.64M | ﹤0.01% |
+101,583
| New | +$2.47M |
|
3235
PUT
UBS Group
UBS
$168B
| $2.63M | ﹤0.01% |
164,500
+31,700
| +24% | +$515K |
|
3236
CALL
Ligand Pharmaceuticals
LGND
$5.59B
| $2.63M | ﹤0.01% |
39,434
+6,092
| +18% | +$370K |
|
|
INVN
3237
PUT
DELISTED
Invensense Inc
INVN
| $2.63M | ﹤0.01% |
313,600
-557,300
| -64% | -$4.43M |
|
3238
ProShares UltraShort Yen
YCS
$30.3M
| $2.63M | ﹤0.01% |
137,716
-56,792
| -29% | -$1.14M |
|
3239
PUT
M&T Bank
MTB
$34.3B
| $2.63M | ﹤0.01% |
23,700
+12,800
| +117% | +$1.39M |
|
3240
Bloomin' Brands
BLMN
$906M
| $2.63M | ﹤0.01% |
155,813
-3,358
| -2% | -$56.5K |
|
|
CSGS
3241
DELISTED
CSG Systems International
CSGS
| $2.63M | ﹤0.01% |
58,138
+40,428
| +228% | +$1.52M |
|
3242
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$475M
| $2.63M | ﹤0.01% |
48,289
+16,121
| +50% | +$826K |
|
|
SWFT
3243
PUT
DELISTED
Swift Transportation Company
SWFT
| $2.63M | ﹤0.01% |
140,900
+26,300
| +23% | +$426K |
|
3244
CALL
Arch Capital
ACGL
$33.7B
| $2.62M | ﹤0.01% |
110,700
+11,700
| +12% | +$267K |
|
3245
VanEck ChiNext Innovators ETF
CNXT
$110M
| $2.62M | ﹤0.01% |
+76,592
| New | +$2.43M |
|
3246
CALL
Verisk Analytics
VRSK
$25B
| $2.62M | ﹤0.01% |
32,800
-2,200
| -6% | -$161K |
|
3247
CALL
Trimble
TRMB
$14.2B
| $2.62M | ﹤0.01% |
105,600
+28,300
| +37% | +$625K |
|
3248
CALL
Vanguard Total World Stock ETF
VT
$81.2B
| $2.62M | ﹤0.01% |
+45,400
| New | +$2.47M |
|
|
IBME
3249
DELISTED
ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF
IBME
| $2.62M | ﹤0.01% |
98,923
+35,947
| +57% | +$950K |
|
3250
CALL
iShares US Technology ETF
IYW
$25.3B
| $2.62M | ﹤0.01% |
96,400
-24,800
| -20% | -$626K |
|
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.