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 | |
|---|---|---|---|---|---|---|
3551
CALL
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$20.3M
| $2.01M | ﹤0.01% |
1,306
-2,456
| -65% | -$4.39M |
|
3552
CALL
Banc of California
BANC
$2.95B
| $2.01M | ﹤0.01% |
111,100
-1,000
| -0.9% | -$19.2K |
|
|
GMLP
3553
PUT
DELISTED
Golar LNG Partners LP
GMLP
| $2.01M | ﹤0.01% |
109,700
-7,100
| -6% | -$121K |
|
3554
PUT
AptarGroup
ATR
$8.43B
| $2.01M | ﹤0.01% |
25,400
-3,900
| -13% | -$302K |
|
|
BUFF
3555
CALL
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $2.01M | ﹤0.01% |
86,100
-39,800
| -32% | -$989K |
|
3556
CALL
Anika Therapeutics
ANIK
$284M
| $2.01M | ﹤0.01% |
37,400
-7,900
| -17% | -$372K |
|
3557
PUT
iShares TIPS Bond ETF
TIP
$15B
| $2.01M | ﹤0.01% |
17,200
+100
| +0.6% | +$11.5K |
|
|
AZPN
3558
PUT
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $2M | ﹤0.01% |
49,700
+17,200
| +53% | +$692K |
|
3559
CALL
POSCO
PKX
$18.2B
| $2M | ﹤0.01% |
44,900
-29,600
| -40% | -$1.39M |
|
|
CPLA
3560
DELISTED
Capella Education Company
CPLA
| $2M | ﹤0.01% |
37,897
+423
| +1% | +$22K |
|
3561
CALL
iShares US Regional Banks ETF
IAT
$662M
| $1.99M | ﹤0.01% |
61,400
+44,400
| +261% | +$1.48M |
|
|
PRTY
3562
PUT
DELISTED
Party City Holdco Inc.
PRTY
| $1.99M | ﹤0.01% |
143,200
+9,000
| +7% | +$124K |
|
3563
Renasant Corp
RNST
$3.76B
| $1.99M | ﹤0.01% |
61,554
-8,681
| -12% | -$289K |
|
3564
CALL
Saic
SAIC
$5.45B
| $1.99M | ﹤0.01% |
34,100
+24,100
| +241% | +$1.31M |
|
3565
PUT
Comscore
SCOR
$77M
| $1.99M | ﹤0.01% |
4,165
-1,445
| -26% | -$865K |
|
|
EXAM
3566
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $1.99M | ﹤0.01% |
57,071
+49,460
| +650% | +$1.69M |
|
|
ABAX
3567
DELISTED
Abaxis Inc
ABAX
| $1.99M | ﹤0.01% |
42,115
-24,400
| -37% | -$1.1M |
|
3568
CALL
Supernus Pharmaceuticals
SUPN
$2.53B
| $1.99M | ﹤0.01% |
97,600
-49,700
| -34% | -$882K |
|
|
ZLTQ
3569
CALL
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $1.99M | ﹤0.01% |
72,700
-1,100
| -1% | -$30.9K |
|
3570
Dycom Industries
DY
$8.88B
| $1.99M | ﹤0.01% |
22,116
-35,452
| -62% | -$2.68M |
|
3571
Pacira BioSciences
PCRX
$1.03B
| $1.99M | ﹤0.01% |
58,870
+40,416
| +219% | +$1.99M |
|
3572
Methode Electronics
MEI
$648M
| $1.98M | ﹤0.01% |
57,939
-41,318
| -42% | -$1.21M |
|
3573
PUT
iShares National Muni Bond ETF
MUB
$45.5B
| $1.98M | ﹤0.01% |
17,400
+200
| +1% | +$22.5K |
|
|
ERF
3574
DELISTED
Enerplus Corporation
ERF
| $1.98M | ﹤0.01% |
301,439
-20,877
| -6% | -$112K |
|
|
TGP
3575
DELISTED
Teekay LNG Partners L.P.
TGP
| $1.98M | ﹤0.01% |
175,876
-62,021
| -26% | -$809K |
|
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.