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 | Financials | 1.95% |
| 2 | Technology | 1.63% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.39% |
| 5 | Healthcare | 1.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
PUT
Mondelez International
MDLZ
$82.3B
| $86.6M | 0.05% |
2,159,600
-487,900
| -18% | -$19.9M |
|
352
iShares MSCI EAFE ETF
EFA
$80B
| $86.6M | 0.05% |
1,515,939
+1,277,182
| +535% | +$70.4M |
|
|
X
353
CALL
DELISTED
US Steel
X
| $86M | 0.05% |
5,359,300
+1,763,400
| +49% | +$17.6M |
|
354
CALL
Medtronic
MDT
$119B
| $85.8M | 0.05% |
1,144,600
+123,100
| +12% | +$9.27M |
|
355
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.53B
| $85M | 0.05% |
362,850
-88,300
| -20% | -$15.7M |
|
356
PUT
Lockheed Martin
LMT
$130B
| $84.8M | 0.05% |
382,800
-37,900
| -9% | -$8.15M |
|
357
CALL
Western Digital
WDC
$166B
| $84.6M | 0.05% |
2,370,419
+1,541,427
| +186% | +$55.1M |
|
358
CALL
LyondellBasell Industries
LYB
$21.8B
| $84.1M | 0.04% |
982,400
-541,700
| -36% | -$43.5M |
|
359
PUT
Viatris
VTRS
$18.7B
| $83.9M | 0.04% |
1,809,900
-1,057,700
| -37% | -$51.1M |
|
360
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $83.8M | 0.04% |
4,243,150
+2,520,619
| +146% | +$48M |
|
361
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.37B
| $82.9M | 0.04% |
2,859,800
-1,144,600
| -29% | -$27.6M |
|
|
362
CALL
Viatris
VTRS
$18.7B
| $82.9M | 0.04% |
1,788,200
-130,500
| -7% | -$6.3M |
|
363
CALL
PayPal
PYPL
$52.7B
| $82.5M | 0.04% |
2,137,400
+830,100
| +63% | +$30M |
|
364
PUT
DuPont de Nemours
DD
$18.7B
| $82.4M | 0.04% |
639,786
-1,082,133
| -63% | -$130M |
|
365
Skyworks Solutions
SWKS
$10.1B
| $81.9M | 0.04% |
1,050,899
+971,214
| +1,219% | +$65.9M |
|
366
PUT
EOG Resources
EOG
$80.3B
| $81.4M | 0.04% |
1,121,100
-354,800
| -24% | -$24.5M |
|
367
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $81.3M | 0.04% |
731,500
-11,600
| -2% | -$1.25M |
|
368
CALL
Colgate-Palmolive
CL
$72.6B
| $81.1M | 0.04% |
1,148,400
+102,000
| +10% | +$6.79M |
|
369
PUT
Salesforce
CRM
$171B
| $81.1M | 0.04% |
1,098,000
-159,400
| -13% | -$11M |
|
370
CALL
HCA Healthcare
HCA
$92.9B
| $80.9M | 0.04% |
1,036,800
+224,700
| +28% | +$15.7M |
|
371
United Parcel Service
UPS
$86.8B
| $80.2M | 0.04% |
760,407
-125,932
| -14% | -$12.2M |
|
372
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $80.2M | 0.04% |
1,029,700
-502,500
| -33% | -$36.5M |
|
373
PUT
Devon Energy
DVN
$54B
| $80M | 0.04% |
2,916,200
+329,800
| +13% | +$8.03M |
|
374
CALL
GSK
GSK
$105B
| $79.5M | 0.04% |
1,568,480
+337,680
| +27% | +$16.8M |
|
375
PUT
Transocean
RIG
$6.61B
| $79.5M | 0.04% |
8,697,800
-2,147,400
| -20% | -$21.4M |
|
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 $22.6B 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 Financials at 2% of assets, down from 2.2% a quarter earlier, followed by Technology and Consumer Discretionary.
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.