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 | |
|---|---|---|---|---|---|---|
3626
PUT
NGL Energy Partners
NGL
$2.25B
| $2.13M | ﹤0.01% |
283,800
+81,100
| +40% | +$734K |
|
|
MBFI
3627
DELISTED
MB Financial Corp
MBFI
| $2.13M | ﹤0.01% |
65,717
-10,594
| -14% | -$327K |
|
3628
ProShares UltraPro S&P 500
UPRO
$5.57B
| $2.13M | ﹤0.01% |
201,990
-163,092
| -45% | -$1.47M |
|
3629
CALL
ProShares UltraShort FTSE China 50 of ProShares Trust
FXP
$5.44M
| $2.13M | ﹤0.01% |
6,263
+4,225
| +207% | +$1.73M |
|
3630
CALL
Idexx Laboratories
IDXX
$43.7B
| $2.13M | ﹤0.01% |
27,200
+20,200
| +289% | +$1.45M |
|
3631
Labcorp
LH
$27.2B
| $2.13M | ﹤0.01% |
21,166
-6,714
| -24% | -$644K |
|
3632
WisdomTree International Equity Fund
DWM
$691M
| $2.13M | ﹤0.01% |
46,486
-16,429
| -26% | -$725K |
|
3633
PUT
ASML
ASML
$651B
| $2.13M | ﹤0.01% |
21,200
-72,500
| -77% | -$6.54M |
|
|
TGP
3634
PUT
DELISTED
Teekay LNG Partners L.P.
TGP
| $2.13M | ﹤0.01% |
167,700
+35,300
| +27% | +$400K |
|
3635
iShares Asia 50 ETF
AIA
$5.16B
| $2.13M | ﹤0.01% |
49,018
-88,309
| -64% | -$3.52M |
|
3636
CALL
Vanguard Consumer Staples ETF
VDC
$7.94B
| $2.13M | ﹤0.01% |
15,700
+7,800
| +99% | +$1.01M |
|
3637
PUT
Patterson-UTI
PTEN
$4.74B
| $2.12M | ﹤0.01% |
120,500
-27,300
| -18% | -$407K |
|
|
MIK
3638
CALL
DELISTED
Michaels Stores, Inc
MIK
| $2.12M | ﹤0.01% |
75,900
+52,200
| +220% | +$1.21M |
|
3639
Wipro
WIT
$18B
| $2.12M | ﹤0.01% |
899,467
+657,334
| +271% | +$1.43M |
|
3640
CALL
Shopify
SHOP
$197B
| $2.12M | ﹤0.01% |
751,000
+288,000
| +62% | +$682K |
|
3641
PUT
Cincinnati Financial
CINF
$26.4B
| $2.12M | ﹤0.01% |
32,400
+17,900
| +123% | +$1.09M |
|
3642
CALL
Frontline
FRO
$9.84B
| $2.12M | ﹤0.01% |
253,100
+192,700
| +319% | +$1.86M |
|
3643
First Trust Dorsey Wright Focus 5 ETF
FV
$3.8B
| $2.12M | ﹤0.01% |
97,985
+15,051
| +18% | +$314K |
|
3644
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.87B
| $2.12M | ﹤0.01% |
53,496
-20,424
| -28% | -$758K |
|
|
SNP
3645
PUT
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $2.12M | ﹤0.01% |
32,500
-23,900
| -42% | -$1.38M |
|
3646
Schwab Short-Term US Treasury ETF
SCHO
$13B
| $2.11M | ﹤0.01% |
83,204
+12,840
| +18% | +$325K |
|
3647
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$106M
| $2.11M | ﹤0.01% |
88,230
+53,130
| +151% | +$1.2M |
|
|
EXAS
3648
PUT
DELISTED
Exact Sciences
EXAS
| $2.11M | ﹤0.01% |
313,200
-349,800
| -53% | -$2.24M |
|
3649
CALL
Schwab US REIT ETF
SCHH
$11.3B
| $2.11M | ﹤0.01% |
102,000
-50,800
| -33% | -$977K |
|
|
HEP
3650
CALL
DELISTED
Holly Energy Partners, L.P.
HEP
| $2.11M | ﹤0.01% |
62,400
+36,700
| +143% | +$1.04M |
|
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.