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 | |
|---|---|---|---|---|---|---|
3351
CALL
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF
ASHS
$34.5M
| $2.27M | ﹤0.01% |
66,500
+48,500
| +269% | +$1.62M |
|
3352
Oceaneering
OII
$5.06B
| $2.27M | ﹤0.01% |
75,900
-59,200
| -44% | -$1.93M |
|
|
IDTI
3353
PUT
DELISTED
Integrated Device Technology I
IDTI
| $2.27M | ﹤0.01% |
112,500
+35,300
| +46% | +$747K |
|
|
ANAT
3354
DELISTED
American National Group, Inc. Common Stock
ANAT
| $2.26M | ﹤0.01% |
20,013
-17,084
| -46% | -$1.99M |
|
3355
PUT
Liberty Media Series A
FWONA
$23.5B
| $2.26M | ﹤0.01% |
123,456
+21,873
| +22% | +$426K |
|
3356
CALL
DigitalBridge
DBRG
$2.99B
| $2.26M | ﹤0.01% |
55,350
-11,375
| -17% | -$541K |
|
|
QIWI
3357
CALL
DELISTED
QIWI PLC
QIWI
| $2.26M | ﹤0.01% |
172,500
+112,200
| +186% | +$1.48M |
|
3358
CALL
Global X Social Media ETF
SOCL
$89M
| $2.26M | ﹤0.01% |
+107,900
| New | +$2.08M |
|
3359
Antero Resources
AR
$11.9B
| $2.26M | ﹤0.01% |
86,884
+6,335
| +8% | +$173K |
|
|
INVX
3360
CALL
Innovex International
INVX
$2.07B
| $2.25M | ﹤0.01% |
38,600
-25,500
| -40% | -$1.54M |
|
3361
PUT
Caesarstone
CSTE
$113M
| $2.25M | ﹤0.01% |
64,800
-47,700
| -42% | -$1.77M |
|
3362
PUT
O-I Glass
OI
$1.12B
| $2.25M | ﹤0.01% |
124,800
+32,000
| +34% | +$587K |
|
3363
Columbia Emerging Markets Consumer ETF
ECON
$318M
| $2.24M | ﹤0.01% |
96,634
+64,298
| +199% | +$1.44M |
|
3364
CALL
Trimble
TRMB
$14.4B
| $2.24M | ﹤0.01% |
92,100
-13,500
| -13% | -$338K |
|
|
ERF
3365
CALL
DELISTED
Enerplus Corporation
ERF
| $2.24M | ﹤0.01% |
341,500
+304,500
| +823% | +$1.64M |
|
|
MYCC
3366
CALL
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $2.24M | ﹤0.01% |
172,600
+53,400
| +45% | +$679K |
|
|
HAR
3367
DELISTED
Harman International Industries
HAR
| $2.24M | ﹤0.01% |
31,230
-18,469
| -37% | -$1.44M |
|
|
RRMS
3368
CALL
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $2.24M | ﹤0.01% |
+85,000
| New | +$1.73M |
|
3369
Southwest Gas
SWX
$6.49B
| $2.24M | ﹤0.01% |
28,471
-54,528
| -66% | -$3.77M |
|
|
HOUS
3370
PUT
DELISTED
Anywhere Real Estate
HOUS
| $2.24M | ﹤0.01% |
77,200
+51,900
| +205% | +$1.71M |
|
3371
CALL
Compañía de Minas Buenaventura
BVN
$9.33B
| $2.24M | ﹤0.01% |
187,400
+50,700
| +37% | +$491K |
|
|
WREI
3372
DELISTED
Invesco Wilshire US REIT ETF
WREI
| $2.24M | ﹤0.01% |
44,832
+2,311
| +5% | +$110K |
|
|
GWB
3373
DELISTED
Great Western Bancorp, Inc.
GWB
| $2.24M | ﹤0.01% |
70,900
-65,352
| -48% | -$2.03M |
|
3374
PUT
AGCO
AGCO
$7.93B
| $2.23M | ﹤0.01% |
47,400
-28,700
| -38% | -$1.47M |
|
|
ICON
3375
DELISTED
Iconix Brand Group, Inc.
ICON
| $2.23M | ﹤0.01% |
33,008
+13,798
| +72% | +$1.08M |
|
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.