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 | |
|---|---|---|---|---|---|---|
3251
ManpowerGroup
MAN
$2.89B
| $2.41M | ﹤0.01% |
37,519
+34,256
| +1,050% | +$2.66M |
|
3252
CALL
Schwab US REIT ETF
SCHH
$11.3B
| $2.41M | ﹤0.01% |
111,000
+9,000
| +9% | +$186K |
|
3253
Allison Transmission
ALSN
$10.7B
| $2.41M | ﹤0.01% |
85,332
+17,047
| +25% | +$473K |
|
|
MDR
3254
PUT
DELISTED
McDermott International
MDR
| $2.41M | ﹤0.01% |
162,367
+3,934
| +2% | +$53.1K |
|
3255
CALL
BorgWarner
BWA
$13.2B
| $2.4M | ﹤0.01% |
92,470
+24,310
| +36% | +$735K |
|
3256
WisdomTree US Total Dividend Fund
DTD
$1.66B
| $2.4M | ﹤0.01% |
+62,598
| New | +$2.34M |
|
3257
Ryder
R
$9.51B
| $2.4M | ﹤0.01% |
39,275
+10,732
| +38% | +$711K |
|
|
NFO
3258
DELISTED
Invesco Insider Sentiment ETF
NFO
| $2.4M | ﹤0.01% |
50,105
+19,996
| +66% | +$947K |
|
|
ZEN
3259
PUT
DELISTED
ZENDESK INC
ZEN
| $2.4M | ﹤0.01% |
90,900
-14,400
| -14% | -$348K |
|
|
MLPI
3260
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $2.4M | ﹤0.01% |
84,831
+9,390
| +12% | +$247K |
|
3261
PUT
Red Robin
RRGB
$178M
| $2.4M | ﹤0.01% |
50,500
-13,200
| -21% | -$762K |
|
3262
PUT
WisdomTree Europe SmallCap Dividend Fund
DFE
$168M
| $2.39M | ﹤0.01% |
46,900
-14,500
| -24% | -$816K |
|
|
K
3263
DELISTED
Kellanova
K
| $2.39M | ﹤0.01% |
31,207
-89,931
| -74% | -$6.45M |
|
3264
Federated Hermes
FHI
$4.84B
| $2.39M | ﹤0.01% |
83,100
-8,968
| -10% | -$274K |
|
3265
CALL
iShares US Technology ETF
IYW
$25.6B
| $2.39M | ﹤0.01% |
90,800
-5,600
| -6% | -$148K |
|
|
CAA
3266
PUT
DELISTED
CalAtlantic Group, Inc.
CAA
| $2.39M | ﹤0.01% |
65,100
+19,000
| +41% | +$667K |
|
3267
Rayonier
RYN
$6.14B
| $2.39M | ﹤0.01% |
100,265
| – | – |
|
|
ESL
3268
PUT
DELISTED
Esterline Technologies
ESL
| $2.38M | ﹤0.01% |
38,400
+28,300
| +280% | +$1.85M |
|
|
LGF
3269
DELISTED
Lions Gate Entertainment
LGF
| $2.38M | ﹤0.01% |
117,652
-140,271
| -54% | -$2.94M |
|
3270
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.89B
| $2.37M | ﹤0.01% |
56,489
-18,744
| -25% | -$786K |
|
3271
PUT
Mettler-Toledo International
MTD
$28.2B
| $2.37M | ﹤0.01% |
6,500
+1,700
| +35% | +$621K |
|
3272
Applied Industrial Technologies
AIT
$12.4B
| $2.37M | ﹤0.01% |
52,519
-2,994
| -5% | -$134K |
|
3273
Ryanair
RYAAY
$28.8B
| $2.37M | ﹤0.01% |
85,268
-131,672
| -61% | -$4.27M |
|
|
TXNM
3274
TXNM Energy Inc
TXNM
$5.93B
| $2.37M | ﹤0.01% |
66,900
-9,347
| -12% | -$307K |
|
3275
Deere & Co
DE
$168B
| $2.37M | ﹤0.01% |
29,209
-45,592
| -61% | -$3.74M |
|
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.