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 | |
|---|---|---|---|---|---|---|
3526
Sonida Senior Living
SNDA
$1.8B
| $2.26M | ﹤0.01% |
8,125
-3,894
| -32% | -$1.01M |
|
3527
CALL
Bio-Rad Laboratories Class A
BIO
$10.4B
| $2.26M | ﹤0.01% |
16,500
+9,500
| +136% | +$1.25M |
|
3528
CALL
Vanguard Health Care ETF
VHT
$19.3B
| $2.26M | ﹤0.01% |
18,300
-9,700
| -35% | -$1.18M |
|
|
FINL
3529
DELISTED
Finish Line
FINL
| $2.26M | ﹤0.01% |
106,900
+64,016
| +149% | +$1.19M |
|
|
CPN
3530
PUT
DELISTED
Calpine Corporation
CPN
| $2.26M | ﹤0.01% |
148,700
-253,400
| -63% | -$3.56M |
|
3531
HEICO Corp Class A
HEI.A
$34.9B
| $2.25M | ﹤0.01% |
115,649
+98,325
| +568% | +$1.8M |
|
|
ILG
3532
DELISTED
ILG, Inc Common Stock
ILG
| $2.25M | ﹤0.01% |
156,192
+107,792
| +223% | +$1.4M |
|
3533
CALL
Texas Capital Bancshares
TCBI
$4.29B
| $2.25M | ﹤0.01% |
58,700
+52,700
| +878% | +$1.95M |
|
3534
Vanguard FTSE All-World ex-US ETF
VEU
$70.4B
| $2.25M | ﹤0.01% |
52,200
-101,453
| -66% | -$4.16M |
|
3535
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$74.6M
| $2.25M | ﹤0.01% |
44,865
+25,393
| +130% | +$1.16M |
|
|
MIK
3536
DELISTED
Michaels Stores, Inc
MIK
| $2.25M | ﹤0.01% |
+80,483
| New | +$1.86M |
|
3537
Greif
GEF
$4.78B
| $2.25M | ﹤0.01% |
68,688
+56,122
| +447% | +$1.55M |
|
3538
CALL
Ameren
AEE
$29.4B
| $2.25M | ﹤0.01% |
44,900
-1,100
| -2% | -$50.8K |
|
3539
CALL
Ametek
AME
$54.2B
| $2.25M | ﹤0.01% |
45,000
+22,800
| +103% | +$1.09M |
|
|
ESPR
3540
CALL
DELISTED
Esperion Therapeutics
ESPR
| $2.25M | ﹤0.01% |
132,900
+81,000
| +156% | +$1.3M |
|
3541
CALL
iShares US Oil & Gas Exploration & Production ETF
IEO
$613M
| $2.25M | ﹤0.01% |
43,200
-25,800
| -37% | -$1.23M |
|
3542
CALL
Supernus Pharmaceuticals
SUPN
$2.54B
| $2.25M | ﹤0.01% |
147,300
+56,600
| +62% | +$739K |
|
|
EQC
3543
DELISTED
Equity Commonwealth
EQC
| $2.25M | ﹤0.01% |
79,572
+10,441
| +15% | +$282K |
|
3544
Fossil Group
FOSL
$316M
| $2.25M | ﹤0.01% |
50,553
-12,039
| -19% | -$475K |
|
3545
Rayonier
RYN
$6.06B
| $2.25M | ﹤0.01% |
100,265
+47,803
| +91% | +$931K |
|
|
RGC
3546
CALL
DELISTED
Regal Entertainment Group
RGC
| $2.25M | ﹤0.01% |
106,200
-50,300
| -32% | -$959K |
|
3547
iShares Core 60/40 Balanced Allocation ETF
AOR
$3.76B
| $2.24M | ﹤0.01% |
+56,879
| New | +$2.15M |
|
3548
PUT
Host Hotels & Resorts
HST
$15.3B
| $2.24M | ﹤0.01% |
134,100
+13,000
| +11% | +$196K |
|
3549
CALL
United States Gasoline Fund
UGA
$146M
| $2.24M | ﹤0.01% |
87,600
-10,100
| -10% | -$248K |
|
3550
Monolithic Power Systems
MPWR
$61.7B
| $2.23M | ﹤0.01% |
35,099
+21,632
| +161% | +$1.29M |
|
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.