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 | |
|---|---|---|---|---|---|---|
3701
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$415M
| $1.84M | ﹤0.01% |
10
-1
| -9% | -$127K |
|
3702
PUT
DigitalBridge
DBRG
$2.99B
| $1.84M | ﹤0.01% |
45,125
-33,300
| -42% | -$1.58M |
|
3703
PUT
Dynagas LNG Partners
DLNG
$140M
| $1.84M | ﹤0.01% |
135,000
+64,200
| +91% | +$875K |
|
3704
PUT
National Grid
NGG
$79.8B
| $1.84M | ﹤0.01% |
25,706
+1,762
| +7% | +$122K |
|
3705
PUT
Kirby Corp
KEX
$7.34B
| $1.84M | ﹤0.01% |
+29,500
| New | +$1.93M |
|
|
SPNC
3706
CALL
DELISTED
Spectranetics Corp
SPNC
| $1.84M | ﹤0.01% |
98,400
-4,000
| -4% | -$70.4K |
|
3707
CALL
America Movil
AMX
$69.4B
| $1.84M | ﹤0.01% |
150,000
+26,300
| +21% | +$352K |
|
|
WCN
3708
CALL
Waste Connections
WCN
$41.7B
| $1.84M | ﹤0.01% |
38,250
-15,600
| -29% | -$710K |
|
|
XLIS
3709
DELISTED
POWERSHARES S&P SMALLCAP INDUSTRIALS PORTFOLIO
XLIS
| $1.83M | ﹤0.01% |
40,489
+4,506
| +13% | +$204K |
|
3710
PUT
Equinor
EQNR
$98.2B
| $1.83M | ﹤0.01% |
105,900
-22,800
| -18% | -$373K |
|
|
CALD
3711
CALL
DELISTED
Callidus Software, Inc.
CALD
| $1.83M | ﹤0.01% |
+91,700
| New | +$1.66M |
|
|
XL
3712
CALL
DELISTED
XL Group Ltd.
XL
| $1.83M | ﹤0.01% |
55,000
-43,700
| -44% | -$1.49M |
|
3713
CALL
Cogent Communications
CCOI
$486M
| $1.83M | ﹤0.01% |
45,700
-41,600
| -48% | -$1.63M |
|
3714
Huntington Bancshares
HBAN
$34.2B
| $1.83M | ﹤0.01% |
204,863
-432,181
| -68% | -$4.25M |
|
|
AIRM
3715
DELISTED
Air Methods Corp
AIRM
| $1.83M | ﹤0.01% |
+51,103
| New | +$1.85M |
|
|
ODP
3716
CALL
DELISTED
ODP
ODP
| $1.83M | ﹤0.01% |
55,280
+14,390
| +35% | +$703K |
|
|
WES
3717
PUT
DELISTED
Western Gas Partners Lp
WES
| $1.83M | ﹤0.01% |
36,300
-346,700
| -91% | -$16.8M |
|
3718
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.23B
| $1.83M | ﹤0.01% |
+34,770
| New | +$1.79M |
|
|
PWJ
3719
DELISTED
POWERSHARES DYNAMIC MID CAP GRTH PORTFOLIO
PWJ
| $1.83M | ﹤0.01% |
62,116
+35,403
| +133% | +$1.04M |
|
|
CLGX
3720
CALL
DELISTED
Corelogic, Inc.
CLGX
| $1.83M | ﹤0.01% |
47,500
+30,700
| +183% | +$1.12M |
|
|
DNB
3721
PUT
DELISTED
Dun & Bradstreet
DNB
| $1.83M | ﹤0.01% |
15,000
+100
| +0.7% | +$11.7K |
|
|
HEWP
3722
DELISTED
iShares Currency Hedged MSCI Spain ETF
HEWP
| $1.83M | ﹤0.01% |
100,457
+80,725
| +409% | +$1.54M |
|
3723
Bath & Body Works
BBWI
$3.88B
| $1.82M | ﹤0.01% |
33,603
-7,473
| -18% | -$438K |
|
3724
First Busey Corp
BUSE
$2.5B
| $1.82M | ﹤0.01% |
85,257
+42,768
| +101% | +$898K |
|
3725
CALL
Vornado Realty Trust
VNO
$7.13B
| $1.82M | ﹤0.01% |
22,513
-38,966
| -63% | -$3.02M |
|
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.