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 | |
|---|---|---|---|---|---|---|
3376
PUT
Ametek
AME
$55.6B
| $2.22M | ﹤0.01% |
48,100
+31,600
| +192% | +$1.52M |
|
3377
Invesco S&P MidCap 400 Pure Value ETF
RFV
$340M
| $2.22M | ﹤0.01% |
43,394
-5,920
| -12% | -$304K |
|
|
CPN
3378
CALL
DELISTED
Calpine Corporation
CPN
| $2.22M | ﹤0.01% |
150,700
+52,800
| +54% | +$782K |
|
3379
Packaging Corp of America
PKG
$21.6B
| $2.22M | ﹤0.01% |
+33,200
| New | +$2.17M |
|
3380
CALL
Thor Industries
THO
$3.98B
| $2.22M | ﹤0.01% |
34,300
+13,700
| +67% | +$876K |
|
3381
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$906M
| $2.22M | ﹤0.01% |
42,793
-24,402
| -36% | -$1.24M |
|
3382
Quad
QUAD
$523M
| $2.22M | ﹤0.01% |
95,227
-44,360
| -32% | -$752K |
|
|
STON
3383
PUT
DELISTED
StoneMor Inc.
STON
| $2.22M | ﹤0.01% |
88,500
| – | – |
|
|
TFCF
3384
CALL
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $2.21M | ﹤0.01% |
81,300
-137,700
| -63% | -$4.02M |
|
3385
PUT
Lexicon Pharmaceuticals
LXRX
$1.02B
| $2.21M | ﹤0.01% |
154,300
+131,600
| +580% | +$1.78M |
|
3386
CALL
LKQ Corp
LKQ
$6.45B
| $2.21M | ﹤0.01% |
69,800
+19,900
| +40% | +$646K |
|
3387
iShares Global Industrials ETF
EXI
$1.46B
| $2.21M | ﹤0.01% |
31,785
+11,656
| +58% | +$820K |
|
3388
CALL
Ollie's Bargain Outlet
OLLI
$4.25B
| $2.21M | ﹤0.01% |
88,700
+62,700
| +241% | +$1.56M |
|
|
LUMO
3389
PUT
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $2.21M | ﹤0.01% |
21,778
-29,300
| -57% | -$3.63M |
|
3390
Universal Health Services
UHS
$10.1B
| $2.21M | ﹤0.01% |
16,447
-10,885
| -40% | -$1.44M |
|
3391
CALL
Icahn Enterprises
IEP
$4.8B
| $2.2M | ﹤0.01% |
40,800
-20,800
| -34% | -$1.19M |
|
3392
Teradyne
TER
$57.3B
| $2.2M | ﹤0.01% |
111,900
| – | – |
|
|
RUSS
3393
CALL
DELISTED
Direxion Daily Russia Bear 3x Shares
RUSS
| $2.2M | ﹤0.01% |
32,020
+19,560
| +157% | +$1.58M |
|
3394
CALL
ManpowerGroup
MAN
$2.9B
| $2.2M | ﹤0.01% |
34,200
+27,600
| +418% | +$2.14M |
|
|
XONE
3395
DELISTED
The ExOne Company
XONE
| $2.2M | ﹤0.01% |
207,833
-54,803
| -21% | -$619K |
|
3396
CALL
Energous
WATT
$63.6M
| $2.2M | ﹤0.01% |
283
+213
| +304% | +$1.39M |
|
3397
PUT
Howard Hughes
HHH
$3.9B
| $2.19M | ﹤0.01% |
20,141
+10,280
| +104% | +$1.06M |
|
3398
CALL
Comscore
SCOR
$78.4M
| $2.19M | ﹤0.01% |
4,590
+2,025
| +79% | +$1.21M |
|
3399
CALL
Vishay Intertechnology
VSH
$4.79B
| $2.19M | ﹤0.01% |
176,800
-303,400
| -63% | -$3.78M |
|
|
LSXMA
3400
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $2.19M | ﹤0.01% |
+96,693
| New | +$2.22M |
|
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.