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 | |
|---|---|---|---|---|---|---|
3326
CALL
EPAM Systems
EPAM
$5.82B
| $2.3M | ﹤0.01% |
35,800
+10,500
| +42% | +$766K |
|
3327
First Trust Multi Cap Value AlphaDEX Fund
FAB
$187M
| $2.3M | ﹤0.01% |
53,988
+34,750
| +181% | +$1.49M |
|
|
COBO
3328
DELISTED
ProShares USD Covered Bond
COBO
| $2.3M | ﹤0.01% |
22,368
-5,710
| -20% | -$582K |
|
3329
Hubbell
HUBB
$24.8B
| $2.3M | ﹤0.01% |
21,800
| – | – |
|
|
SGG
3330
PUT
DELISTED
iPath Bloomberg Sugar Subindex Total Return ETN due June 24, 2038
SGG
| $2.3M | ﹤0.01% |
49,100
+9,100
| +23% | +$355K |
|
3331
PUT
CACI
CACI
$14B
| $2.3M | ﹤0.01% |
25,400
+6,300
| +33% | +$626K |
|
3332
CALL
Option Care Health
OPCH
$3.59B
| $2.29M | ﹤0.01% |
+225,000
| New | +$2.3M |
|
3333
PUT
Direxion Daily FTSE China Bull 3X ETF
YINN
$658M
| $2.29M | ﹤0.01% |
7,950
+3,360
| +73% | +$901K |
|
3334
PUT
Masco
MAS
$14.4B
| $2.29M | ﹤0.01% |
74,100
-572,900
| -89% | -$18.1M |
|
3335
Capitol Federal Financial
CFFN
$1.07B
| $2.29M | ﹤0.01% |
164,294
-47,806
| -23% | -$638K |
|
|
CONN
3336
PUT
DELISTED
Conn's Inc.
CONN
| $2.29M | ﹤0.01% |
304,700
+138,400
| +83% | +$1.5M |
|
3337
Alamos Gold
AGI
$15.9B
| $2.29M | ﹤0.01% |
266,293
-62,979
| -19% | -$431K |
|
3338
CALL
Quest Diagnostics
DGX
$27B
| $2.29M | ﹤0.01% |
28,100
-137,700
| -83% | -$10.5M |
|
3339
Euronet Worldwide
EEFT
$2.56B
| $2.29M | ﹤0.01% |
33,033
+11,393
| +53% | +$867K |
|
|
AIRM
3340
CALL
DELISTED
Air Methods Corp
AIRM
| $2.29M | ﹤0.01% |
63,800
+15,300
| +32% | +$554K |
|
3341
CALL
Planet Fitness
PLNT
$3.91B
| $2.28M | ﹤0.01% |
120,900
+75,900
| +169% | +$1.28M |
|
|
VPU
3342
Vanguard Utilities ETF
VPU
$8.35B
| $2.28M | ﹤0.01% |
19,942
-6,296
| -24% | -$676K |
|
3343
PUT
Globus Medical
GMED
$11.1B
| $2.28M | ﹤0.01% |
95,600
+40,500
| +74% | +$971K |
|
3344
WisdomTree US Value Fund
WTV
$3.31B
| $2.28M | ﹤0.01% |
+72,972
| New | +$2.28M |
|
3345
CALL
Groupon
GRPN
$792M
| $2.27M | ﹤0.01% |
34,980
-38,790
| -53% | -$2.87M |
|
|
ATW
3346
DELISTED
Atwood Oceanics
ATW
| $2.27M | ﹤0.01% |
181,565
+10,504
| +6% | +$110K |
|
|
DSKY
3347
PUT
DELISTED
IDREAMSKY TECHNOLOGY LTD ADS REPTSG SHS CL A
DSKY
| $2.27M | ﹤0.01% |
166,800
+31,800
| +24% | +$435K |
|
3348
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.4B
| $2.27M | ﹤0.01% |
22,462
+8,562
| +62% | +$865K |
|
3349
CALL
Vanguard Information Technology ETF
VGT
$150B
| $2.27M | ﹤0.01% |
169,600
-5,600
| -3% | -$75.2K |
|
|
ALFA
3350
DELISTED
AlphaClone Alternative Alpha ETF
ALFA
| $2.27M | ﹤0.01% |
67,858
+15,960
| +31% | +$534K |
|
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.