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 | |
|---|---|---|---|---|---|---|
3276
Northwest Bancshares
NWBI
$2.25B
| $2.37M | ﹤0.01% |
159,583
-84,460
| -35% | -$1.2M |
|
|
IPHS
3277
DELISTED
Innophos Holdings, Inc.
IPHS
| $2.37M | ﹤0.01% |
56,076
| – | – |
|
3278
PUT
M&T Bank
MTB
$34.5B
| $2.37M | ﹤0.01% |
20,000
-3,700
| -16% | -$429K |
|
|
X
3279
DELISTED
US Steel
X
| $2.37M | ﹤0.01% |
140,265
-54,252
| -28% | -$912K |
|
|
TIME
3280
DELISTED
Time Inc.
TIME
| $2.37M | ﹤0.01% |
143,662
+123,546
| +614% | +$1.92M |
|
3281
CALL
Alarm.com
ALRM
$2.83B
| $2.36M | ﹤0.01% |
92,200
+80,300
| +675% | +$1.81M |
|
|
VIVS
3282
VivoSim Labs
VIVS
$3.92M
| $2.36M | ﹤0.01% |
2,644
-406
| -13% | -$272K |
|
|
IPG
3283
CALL
DELISTED
Interpublic Group of Companies
IPG
| $2.36M | ﹤0.01% |
102,100
+24,700
| +32% | +$580K |
|
3284
Sun Communities
SUI
$15B
| $2.36M | ﹤0.01% |
30,738
-28,855
| -48% | -$2.04M |
|
|
BEAV
3285
DELISTED
B/E Aerospace Inc
BEAV
| $2.35M | ﹤0.01% |
50,974
-16,387
| -24% | -$783K |
|
3286
PUT
Navient
NAVI
$873M
| $2.35M | ﹤0.01% |
196,900
+146,000
| +287% | +$1.86M |
|
|
TPC
3287
CALL
Tutor Perini Cor
TPC
$4.83B
| $2.35M | ﹤0.01% |
+99,900
| New | +$1.95M |
|
|
WBC
3288
PUT
DELISTED
WABCO HOLDINGS INC.
WBC
| $2.35M | ﹤0.01% |
25,700
+22,300
| +656% | +$2.36M |
|
3289
PUT
IPG Photonics
IPGP
$3.29B
| $2.35M | ﹤0.01% |
29,400
-1,100
| -4% | -$96.7K |
|
|
EGRX
3290
PUT
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $2.35M | ﹤0.01% |
60,600
-15,100
| -20% | -$629K |
|
|
BERY
3291
DELISTED
Berry Global Group, Inc.
BERY
| $2.35M | ﹤0.01% |
65,849
+43,682
| +197% | +$1.49M |
|
|
AMSG
3292
PUT
DELISTED
Amsurg Corp
AMSG
| $2.35M | ﹤0.01% |
30,300
+13,500
| +80% | +$1.04M |
|
3293
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$144M
| $2.35M | ﹤0.01% |
98,468
+1,366
| +1% | +$32.6K |
|
3294
Travelers Companies
TRV
$77B
| $2.35M | ﹤0.01% |
19,718
-45,017
| -70% | -$5.09M |
|
|
LPNT
3295
PUT
DELISTED
LifePoint Health, Inc.
LPNT
| $2.35M | ﹤0.01% |
35,900
+1,100
| +3% | +$74.8K |
|
|
CSGS
3296
DELISTED
CSG Systems International
CSGS
| $2.34M | ﹤0.01% |
58,138
| – | – |
|
3297
PUT
Methode Electronics
MEI
$631M
| $2.34M | ﹤0.01% |
68,400
+14,800
| +28% | +$434K |
|
3298
PUT
Dine Brands
DIN
$422M
| $2.34M | ﹤0.01% |
27,600
-11,000
| -28% | -$944K |
|
3299
PUT
Anika Therapeutics
ANIK
$279M
| $2.34M | ﹤0.01% |
43,600
+9,800
| +29% | +$462K |
|
3300
Medtronic
MDT
$115B
| $2.33M | ﹤0.01% |
26,913
-33,309
| -55% | -$2.69M |
|
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.