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 | |
|---|---|---|---|---|---|---|
|
ODP
3451
DELISTED
ODP
ODP
| $2.33M | ﹤0.01% |
32,883
+12,031
| +58% | +$648K |
|
3452
iShares 0-5 Year Investment Grade Corporate Bond ETF
SLQD
$2.39B
| $2.33M | ﹤0.01% |
+46,227
| New | +$2.32M |
|
3453
Choice Hotels
CHH
$4.9B
| $2.33M | ﹤0.01% |
43,150
+12,169
| +39% | +$584K |
|
3454
Teekay
TK
$1.14B
| $2.33M | ﹤0.01% |
269,228
+107,957
| +67% | +$815K |
|
3455
CALL
Owens Corning
OC
$11.3B
| $2.33M | ﹤0.01% |
49,300
-211,100
| -81% | -$9.38M |
|
3456
CALL
Prospect Capital
PSEC
$1.15B
| $2.33M | ﹤0.01% |
320,700
+224,000
| +232% | +$1.49M |
|
3457
Invesco FTSE RAFI US 1000 ETF
PRF
$10.1B
| $2.33M | ﹤0.01% |
132,200
+30,695
| +30% | +$512K |
|
|
WWE
3458
DELISTED
World Wrestling Entertainment
WWE
| $2.33M | ﹤0.01% |
131,887
+15,022
| +13% | +$255K |
|
3459
Deluxe
DLX
$1.08B
| $2.33M | ﹤0.01% |
37,271
-14,936
| -29% | -$832K |
|
3460
PUT
Thor Industries
THO
$4.01B
| $2.33M | ﹤0.01% |
+36,500
| New | +$2M |
|
|
TERP
3461
DELISTED
TerraForm Power, Inc
TERP
| $2.33M | ﹤0.01% |
269,033
+191,373
| +246% | +$1.78M |
|
|
SE
3462
DELISTED
Spectra Energy Corp Wi
SE
| $2.32M | ﹤0.01% |
75,958
-84,625
| -53% | -$2.39M |
|
3463
PUT
Repligen
RGEN
$9.95B
| $2.32M | ﹤0.01% |
86,600
-29,800
| -26% | -$729K |
|
3464
Direxion Daily Technology Bull 3x ETF
TECL
$5.86B
| $2.32M | ﹤0.01% |
589,180
-974,800
| -62% | -$3.12M |
|
|
PFPT
3465
PUT
DELISTED
Proofpoint, Inc.
PFPT
| $2.32M | ﹤0.01% |
43,200
+7,200
| +20% | +$367K |
|
|
TPCO
3466
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $2.32M | ﹤0.01% |
300,870
-231,404
| -43% | -$1.87M |
|
|
WP
3467
CALL
DELISTED
Worldpay, Inc.
WP
| $2.32M | ﹤0.01% |
43,100
-30,300
| -41% | -$1.48M |
|
|
DANG
3468
PUT
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $2.32M | ﹤0.01% |
325,700
+153,100
| +89% | +$1.02M |
|
3469
ProShares Trust Short MSCI EAFE
EFZ
$10.1M
| $2.32M | ﹤0.01% |
34,161
+20,493
| +150% | +$1.46M |
|
3470
CALL
Silicon Motion
SIMO
$8.33B
| $2.32M | ﹤0.01% |
59,800
+25,100
| +72% | +$811K |
|
3471
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$144M
| $2.32M | ﹤0.01% |
97,102
+32,110
| +49% | +$762K |
|
3472
CALL
Banco Bradesco
BBD
$34.4B
| $2.32M | ﹤0.01% |
661,614
-2,425,877
| -79% | -$6.31M |
|
|
WCN
3473
CALL
Waste Connections
WCN
$41.7B
| $2.32M | ﹤0.01% |
+53,850
| New | +$2.17M |
|
|
VGR
3474
PUT
DELISTED
Vector Group Ltd.
VGR
| $2.32M | ﹤0.01% |
173,957
+120,030
| +223% | +$1.6M |
|
3475
Home BancShares
HOMB
$5.93B
| $2.32M | ﹤0.01% |
113,136
-10,728
| -9% | -$211K |
|
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.