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 | |
|---|---|---|---|---|---|---|
|
NLSN
3651
PUT
DELISTED
Nielsen Holdings plc
NLSN
| $2.11M | ﹤0.01% |
40,000
-37,000
| -48% | -$1.79M |
|
3652
CALL
Cedar Fair
FUN
$1.66B
| $2.1M | ﹤0.01% |
35,400
+5,600
| +19% | +$309K |
|
3653
CALL
DTE Energy
DTE
$28.3B
| $2.1M | ﹤0.01% |
27,260
+4,700
| +21% | +$340K |
|
3654
CALL
Globalstar
GSAT
$10.6B
| $2.1M | ﹤0.01% |
95,347
+33,474
| +54% | +$637K |
|
3655
ProShares UltraShort Energy
DUG
$27.6M
| $2.1M | ﹤0.01% |
1,712
+876
| +105% | +$1.29M |
|
|
FM
3656
DELISTED
iShares Frontier and Select EM ETF
FM
| $2.1M | ﹤0.01% |
85,517
-58,452
| -41% | -$1.38M |
|
3657
Energy Recovery
ERII
$397M
| $2.1M | ﹤0.01% |
203,089
+42,350
| +26% | +$309K |
|
3658
Worthington Enterprises
WOR
$2.8B
| $2.1M | ﹤0.01% |
95,460
-136,580
| -59% | -$2.61M |
|
|
GAS
3659
PUT
DELISTED
AGL Resources Inc
GAS
| $2.1M | ﹤0.01% |
32,200
+3,600
| +13% | +$232K |
|
3660
CALL
Boston Properties
BXP
$11.1B
| $2.1M | ﹤0.01% |
16,500
+1,700
| +11% | +$202K |
|
|
LFC
3661
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $2.1M | ﹤0.01% |
170,600
-377,800
| -69% | -$4.56M |
|
|
DNR
3662
DELISTED
Denbury Resources, Inc.
DNR
| $2.1M | ﹤0.01% |
944,775
-133,714
| -12% | -$223K |
|
|
ASRT
3663
DELISTED
Assertio
ASRT
| $2.09M | ﹤0.01% |
2,505
-149
| -6% | -$138K |
|
3664
PUT
Tucows
TCX
$113M
| $2.09M | ﹤0.01% |
93,200
-185,800
| -67% | -$3.89M |
|
|
ACHN
3665
PUT
DELISTED
Achillion Pharmaceuticals
ACHN
| $2.09M | ﹤0.01% |
270,900
-816,400
| -75% | -$5.98M |
|
3666
iShares S&P 500 Value ETF
IVE
$50.2B
| $2.09M | ﹤0.01% |
23,233
-39,647
| -63% | -$3.38M |
|
3667
TC Energy
TRP
$64.4B
| $2.09M | ﹤0.01% |
53,156
+20,370
| +62% | +$713K |
|
3668
CALL
New Oriental
EDU
$9.36B
| $2.09M | ﹤0.01% |
60,400
+15,100
| +33% | +$472K |
|
3669
CALL
Teradyne
TER
$55.5B
| $2.09M | ﹤0.01% |
96,600
+61,900
| +178% | +$1.21M |
|
3670
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.65B
| $2.08M | ﹤0.01% |
+40,580
| New | +$1.93M |
|
3671
CALL
Extra Space Storage
EXR
$30.2B
| $2.08M | ﹤0.01% |
22,300
+3,200
| +17% | +$278K |
|
3672
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.96B
| $2.08M | ﹤0.01% |
35,121
-79,610
| -69% | -$4.51M |
|
|
ALDR
3673
CALL
DELISTED
Alder Biopharmaceuticals
ALDR
| $2.08M | ﹤0.01% |
85,000
+23,800
| +39% | +$551K |
|
3674
Thor Industries
THO
$4.01B
| $2.08M | ﹤0.01% |
32,640
-31,099
| -49% | -$1.7M |
|
|
TIER
3675
DELISTED
TIER REIT, Inc.
TIER
| $2.08M | ﹤0.01% |
154,798
+41,214
| +36% | +$581K |
|
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.