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 | |
|---|---|---|---|---|---|---|
|
SODA
3601
DELISTED
SodaStream International Ltd
SODA
| $2.16M | ﹤0.01% |
+153,605
| New | +$2.14M |
|
3602
Dana Inc
DAN
$3.26B
| $2.16M | ﹤0.01% |
153,443
+35,423
| +30% | +$443K |
|
3603
CALL
Magna International
MGA
$17.6B
| $2.16M | ﹤0.01% |
50,300
-21,300
| -30% | -$793K |
|
3604
Vident International Equity Strategy
VIDI
$456M
| $2.16M | ﹤0.01% |
102,013
+52,955
| +108% | +$1.05M |
|
|
STON
3605
PUT
DELISTED
StoneMor Inc.
STON
| $2.16M | ﹤0.01% |
88,500
-8,900
| -9% | -$235K |
|
3606
CALL
Flowserve
FLS
$10.2B
| $2.16M | ﹤0.01% |
48,600
+22,400
| +85% | +$924K |
|
|
RICE
3607
DELISTED
Rice Energy Inc.
RICE
| $2.16M | ﹤0.01% |
154,411
+40,078
| +35% | +$417K |
|
3608
CALL
Acadia Healthcare
ACHC
$2.66B
| $2.15M | ﹤0.01% |
39,100
+31,200
| +395% | +$1.78M |
|
3609
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$71.6M
| $2.15M | ﹤0.01% |
5
+2
| +67% | +$2.11M |
|
|
JNPR
3610
DELISTED
Juniper Networks
JNPR
| $2.15M | ﹤0.01% |
84,385
-182,526
| -68% | -$4.56M |
|
3611
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$347M
| $2.15M | ﹤0.01% |
279
-219
| -44% | -$2.06M |
|
3612
CALL
ProShares UltraShort Russell2000
TWM
$45.2M
| $2.15M | ﹤0.01% |
2,775
+690
| +33% | +$629K |
|
3613
CALL
ResMed
RMD
$34.7B
| $2.15M | ﹤0.01% |
37,200
+19,000
| +104% | +$1.08M |
|
3614
Lam Research
LRCX
$378B
| $2.15M | ﹤0.01% |
260,000
-171,660
| -40% | -$1.25M |
|
3615
CALL
Broadridge
BR
$20.9B
| $2.15M | ﹤0.01% |
36,200
+8,700
| +32% | +$474K |
|
3616
CALL
Marriott Vacations Worldwide
VAC
$3.79B
| $2.15M | ﹤0.01% |
31,800
+17,100
| +116% | +$968K |
|
3617
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.89B
| $2.15M | ﹤0.01% |
228,830
-2,432,540
| -91% | -$21.2M |
|
|
DZK
3618
DELISTED
Direxion Daily Developed Markets Bull 3x Shares
DZK
| $2.15M | ﹤0.01% |
48,724
-20,894
| -30% | -$841K |
|
3619
CALL
PG&E
PCG
$36.6B
| $2.14M | ﹤0.01% |
35,900
-26,800
| -43% | -$1.49M |
|
3620
CALL
Maximus
MMS
$3.13B
| $2.14M | ﹤0.01% |
40,700
-200
| -0.5% | -$10.2K |
|
3621
PUT
Dentsply Sirona
XRAY
$2.22B
| $2.14M | ﹤0.01% |
34,700
+1,500
| +5% | +$88.4K |
|
3622
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.74B
| $2.14M | ﹤0.01% |
49,773
+7,021
| +16% | +$280K |
|
|
PNK
3623
DELISTED
Pinnacle Entertainment Inc.
PNK
| $2.14M | ﹤0.01% |
60,909
+40,486
| +198% | +$1.22M |
|
3624
Adobe
ADBE
$116B
| $2.13M | ﹤0.01% |
22,767
-28,367
| -55% | -$2.46M |
|
3625
PUT
Element Solutions
ESI
$8.51B
| $2.13M | ﹤0.01% |
248,100
-59,900
| -19% | -$472K |
|
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.