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 | |
|---|---|---|---|---|---|---|
3301
CALL
Myriad Genetics
MYGN
$304M
| $2.33M | ﹤0.01% |
76,200
+45,500
| +148% | +$1.58M |
|
3302
CALL
Protolabs
PRLB
$1.92B
| $2.33M | ﹤0.01% |
40,500
-66,900
| -62% | -$4.47M |
|
3303
PUT
Rithm Capital
RITM
$5.59B
| $2.33M | ﹤0.01% |
168,200
+75,500
| +81% | +$969K |
|
|
DNB
3304
CALL
DELISTED
Dun & Bradstreet
DNB
| $2.33M | ﹤0.01% |
19,100
+9,500
| +99% | +$1.11M |
|
3305
PUT
Genesis Energy
GEL
$2B
| $2.33M | ﹤0.01% |
60,600
+14,100
| +30% | +$494K |
|
|
SJR
3306
DELISTED
Shaw Communications Inc.
SJR
| $2.33M | ﹤0.01% |
121,073
| – | – |
|
|
JMBA
3307
PUT
DELISTED
Jamba, Inc.
JMBA
| $2.32M | ﹤0.01% |
225,700
-5,700
| -2% | -$67.2K |
|
|
BKS
3308
PUT
DELISTED
Barnes & Noble
BKS
| $2.32M | ﹤0.01% |
204,300
-14,800
| -7% | -$171K |
|
|
KATE
3309
PUT
DELISTED
Kate Spade & Company
KATE
| $2.32M | ﹤0.01% |
112,500
+51,000
| +83% | +$1.16M |
|
|
LM
3310
CALL
DELISTED
Legg Mason, Inc.
LM
| $2.32M | ﹤0.01% |
78,600
+43,300
| +123% | +$1.4M |
|
3311
PUT
Monolithic Power Systems
MPWR
$64.4B
| $2.32M | ﹤0.01% |
33,900
-3,300
| -9% | -$216K |
|
|
ISBC
3312
DELISTED
Investors Bancorp, Inc.
ISBC
| $2.32M | ﹤0.01% |
209,005
+115,310
| +123% | +$1.33M |
|
|
TSS
3313
CALL
DELISTED
Total System Services, Inc.
TSS
| $2.32M | ﹤0.01% |
43,600
+31,000
| +246% | +$1.61M |
|
3314
PUT
EQT Corp
EQT
$34.3B
| $2.31M | ﹤0.01% |
54,926
+36,372
| +196% | +$1.41M |
|
3315
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$426M
| $2.31M | ﹤0.01% |
13
+5
| +63% | +$637K |
|
3316
PUT
DHT Holdings
DHT
$3.12B
| $2.31M | ﹤0.01% |
460,100
+181,600
| +65% | +$1.01M |
|
3317
CALL
Cadence Design Systems
CDNS
$95.7B
| $2.31M | ﹤0.01% |
95,200
-15,200
| -14% | -$364K |
|
3318
CALL
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.37B
| $2.31M | ﹤0.01% |
92,500
+63,900
| +223% | +$1.64M |
|
|
DRII
3319
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $2.31M | ﹤0.01% |
77,176
-82,203
| -52% | -$1.86M |
|
3320
CALL
Rambus
RMBS
$9.88B
| $2.31M | ﹤0.01% |
191,100
-87,200
| -31% | -$1.06M |
|
|
TGI
3321
CALL
DELISTED
Triumph Group
TGI
| $2.31M | ﹤0.01% |
65,000
+22,600
| +53% | +$818K |
|
|
RGC
3322
PUT
DELISTED
Regal Entertainment Group
RGC
| $2.31M | ﹤0.01% |
104,700
-26,600
| -20% | -$552K |
|
3323
CALL
Tronox
TROX
$877M
| $2.31M | ﹤0.01% |
522,700
+78,300
| +18% | +$444K |
|
3324
PUT
Visteon
VC
$2.7B
| $2.3M | ﹤0.01% |
35,000
-63,300
| -64% | -$4.73M |
|
|
DWTR
3325
DELISTED
Invesco DWA Tactical Sector Rotation ETF
DWTR
| $2.3M | ﹤0.01% |
93,710
+58,806
| +168% | +$1.4M |
|
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.