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 |
iShares MSCI Emerging Markets ETF
EEM
|
+$444M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 3 |
Bank of America
BAC
|
+$191M |
| 4 |
Citigroup
C
|
+$182M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$518M |
| 3 |
Meta Platforms (Facebook)
META
|
+$292M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$245M |
| 5 |
AGN
Allergan plc
AGN
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 89.8% |
| 2 | Financials | 1.95% |
| 3 | Technology | 1.63% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Communication Services | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TSL
3376
PUT
DELISTED
Trina Solar Limited
TSL
| $2.44M | ﹤0.01% |
245,100
-697,100
| -74% | -$6.92M |
|
3377
CALL
Plains GP Holdings
PAGP
$5.54B
| $2.43M | ﹤0.01% |
105,182
+77,582
| +281% | +$1.59M |
|
3378
Lear
LEA
$8.26B
| $2.43M | ﹤0.01% |
21,878
-139,304
| -86% | -$14.7M |
|
|
ORAN
3379
DELISTED
Orange
ORAN
| $2.43M | ﹤0.01% |
139,930
-47,703
| -25% | -$823K |
|
3380
CALL
ANI Pharmaceuticals
ANIP
$1.67B
| $2.43M | ﹤0.01% |
72,200
-118,000
| -62% | -$4M |
|
3381
CALL
Guidewire Software
GWRE
$17.1B
| $2.43M | ﹤0.01% |
44,600
-54,200
| -55% | -$2.83M |
|
3382
iShares MSCI EAFE Value ETF
EFV
$31.6B
| $2.43M | ﹤0.01% |
54,142
-230,640
| -81% | -$9.97M |
|
3383
Designer Brands
DBI
$279M
| $2.42M | ﹤0.01% |
87,691
-77,490
| -47% | -$1.94M |
|
|
WPX
3384
PUT
DELISTED
WPX Energy, Inc.
WPX
| $2.42M | ﹤0.01% |
346,200
+33,700
| +11% | +$172K |
|
3385
CACI
CACI
$13.9B
| $2.42M | ﹤0.01% |
22,675
+18,431
| +434% | +$1.72M |
|
3386
Invesco DB Base Metals Fund
DBB
$368M
| $2.42M | ﹤0.01% |
194,777
+58,613
| +43% | +$702K |
|
3387
First Trust Small Cap Value AlphaDEX Fund
FYT
$198M
| $2.42M | ﹤0.01% |
85,256
+39,269
| +85% | +$1.01M |
|
|
LKM
3388
CALL
DELISTED
Link Motion Inc.
LKM
| $2.42M | ﹤0.01% |
528,100
-76,000
| -13% | -$283K |
|
3389
CALL
SiriusXM
SIRI
$9.62B
| $2.42M | ﹤0.01% |
61,220
-45,230
| -42% | -$1.69M |
|
3390
Teradyne
TER
$55.5B
| $2.42M | ﹤0.01% |
111,900
-14,731
| -12% | -$288K |
|
3391
Canadian Pacific Kansas City
CP
$82.7B
| $2.41M | ﹤0.01% |
90,935
-58,970
| -39% | -$1.44M |
|
3392
Asbury Automotive
ABG
$3.8B
| $2.41M | ﹤0.01% |
40,324
+28,224
| +233% | +$1.54M |
|
|
EXAS
3393
DELISTED
Exact Sciences
EXAS
| $2.41M | ﹤0.01% |
358,036
-154,019
| -30% | -$985K |
|
|
USCR
3394
CALL
DELISTED
U S Concrete, Inc.
USCR
| $2.41M | ﹤0.01% |
40,500
+29,600
| +272% | +$1.51M |
|
3395
PUT
iShares MSCI South Africa ETF
EZA
$587M
| $2.41M | ﹤0.01% |
45,500
-2,000
| -4% | -$91.7K |
|
|
ALE
3396
DELISTED
Allete
ALE
| $2.41M | ﹤0.01% |
43,007
-3,866
| -8% | -$206K |
|
3397
Danaher
DHR
$152B
| $2.41M | ﹤0.01% |
37,822
-1,227,801
| -97% | -$73.2M |
|
3398
CALL
Globe Life
GL
$13.3B
| $2.41M | ﹤0.01% |
44,500
-4,100
| -8% | -$218K |
|
3399
PUT
Marriott Vacations Worldwide
VAC
$3.79B
| $2.41M | ﹤0.01% |
35,700
+11,700
| +49% | +$662K |
|
|
LPNT
3400
PUT
DELISTED
LifePoint Health, Inc.
LPNT
| $2.41M | ﹤0.01% |
34,800
+30,500
| +709% | +$2.04M |
|
Similar funds
Jeff Yass's Q1 2016 Portfolio in Review
As of Q1 2016, Jeff Yass held 10,537 positions worth $188B, down 13% from $216B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass withdrew a net $9.01B in Q1 2016, closing 1,613 positions and reducing 4,303 holdings. Its most notable exit was KEURIG GREEN MTN INC, an estimated $84.4M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, up from 87% a quarter earlier, followed by Financials and Technology.
Against the trend, Jeff Yass opened a new position in iShares National Muni Bond ETF worth $17.4M.
- Jeff Yass's largest Q1 2016 buy was iShares National Muni Bond ETF: 155,932 shares worth $17.4M.
- Jeff Yass added most to iShares MSCI Emerging Markets ETF in Q1 2016, an estimated $444M increase.
- Jeff Yass's biggest Q1 2016 reduction was Apple, cutting an estimated $2.59B.
- Jeff Yass fully exited KEURIG GREEN MTN INC in Q1 2016, selling an estimated $84.4M.
- Jeff Yass's ten largest holdings make up 24% of its $188B portfolio in Q1 2016.
- Jeff Yass opened 1,208 new positions and closed 1,613 in Q1 2016.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $188B.
Based on Susquehanna International Group's 13F filing for Q1 2016, filed 13 May 2016.