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 | |
|---|---|---|---|---|---|---|
3476
iShares MSCI Spain ETF
EWP
$2.24B
| $2.31M | ﹤0.01% |
85,129
-5,341
| -6% | -$140K |
|
|
ZGNX
3477
CALL
DELISTED
Zogenix, Inc.
ZGNX
| $2.31M | ﹤0.01% |
250,400
-98,700
| -28% | -$989K |
|
3478
PUT
Invesco CurrencyShares Canadian Dollar Trust
FXC
$66.9M
| $2.31M | ﹤0.01% |
30,300
+700
| +2% | +$50.7K |
|
3479
CALL
Boyd Gaming
BYD
$5.77B
| $2.31M | ﹤0.01% |
111,900
-157,800
| -59% | -$2.79M |
|
3480
Renasant Corp
RNST
$3.76B
| $2.31M | ﹤0.01% |
70,235
-20,364
| -22% | -$648K |
|
3481
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$5.86B
| $2.31M | ﹤0.01% |
586,000
-434,000
| -43% | -$1.39M |
|
|
EVHC
3482
CALL
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $2.31M | ﹤0.01% |
+37,842
| New | +$2.49M |
|
3483
iShares US Oil & Gas Exploration & Production ETF
IEO
$613M
| $2.31M | ﹤0.01% |
44,442
+28,527
| +179% | +$1.36M |
|
3484
Vanguard Dividend Appreciation ETF
VIG
$113B
| $2.31M | ﹤0.01% |
28,426
+3,084
| +12% | +$236K |
|
|
XEC
3485
DELISTED
CIMAREX ENERGY CO
XEC
| $2.31M | ﹤0.01% |
23,752
-10,685
| -31% | -$939K |
|
3486
Hubbell
HUBB
$24.3B
| $2.31M | ﹤0.01% |
21,800
+13,464
| +162% | +$1.29M |
|
3487
VirnetX Holding Corp
VHC
$51.1M
| $2.31M | ﹤0.01% |
25,126
-62,625
| -71% | -$5.79M |
|
3488
CALL
BorgWarner
BWA
$13.1B
| $2.3M | ﹤0.01% |
68,160
-177,102
| -72% | -$5.25M |
|
|
TGI
3489
PUT
DELISTED
Triumph Group
TGI
| $2.3M | ﹤0.01% |
73,200
+44,100
| +152% | +$1.34M |
|
3490
CALL
Heron Therapeutics
HRTX
$62M
| $2.3M | ﹤0.01% |
121,300
-191,600
| -61% | -$3.78M |
|
|
ULTI
3491
DELISTED
Ultimate Software Group Inc
ULTI
| $2.3M | ﹤0.01% |
11,899
+9,107
| +326% | +$1.58M |
|
3492
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $2.3M | ﹤0.01% |
29,300
+23,000
| +365% | +$1.69M |
|
3493
PUT
Boston Properties
BXP
$11.1B
| $2.3M | ﹤0.01% |
18,100
+3,800
| +27% | +$451K |
|
3494
PUT
Brookdale Senior Living
BKD
$2.8B
| $2.3M | ﹤0.01% |
144,800
-261,300
| -64% | -$3.99M |
|
3495
CALL
Commercial Metals
CMC
$7.48B
| $2.3M | ﹤0.01% |
135,400
+70,600
| +109% | +$1.03M |
|
3496
PUT
AptarGroup
ATR
$8.46B
| $2.3M | ﹤0.01% |
+29,300
| New | +$2.15M |
|
3497
Alkermes
ALKS
$7.95B
| $2.29M | ﹤0.01% |
67,117
+61,680
| +1,134% | +$2.44M |
|
3498
Vanguard FTSE Pacific ETF
VPL
$8.56B
| $2.29M | ﹤0.01% |
41,438
-81,990
| -66% | -$4.35M |
|
3499
Agios Pharmaceuticals
AGIO
$1.99B
| $2.29M | ﹤0.01% |
56,353
-42,002
| -43% | -$1.8M |
|
3500
TE Connectivity
TEL
$58.7B
| $2.29M | ﹤0.01% |
36,946
-4,291
| -10% | -$249K |
|
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.