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 | |
|---|---|---|---|---|---|---|
|
ATCO
3726
CALL
DELISTED
Atlas Corp.
ATCO
| $1.82M | ﹤0.01% |
130,500
+46,600
| +56% | +$748K |
|
3727
CALL
Winnebago Industries
WGO
$865M
| $1.82M | ﹤0.01% |
79,400
+58,100
| +273% | +$1.25M |
|
3728
Idexx Laboratories
IDXX
$43.7B
| $1.82M | ﹤0.01% |
19,594
+2,028
| +12% | +$174K |
|
|
LBRDA
3729
DELISTED
Liberty Broadband Class A
LBRDA
| $1.82M | ﹤0.01% |
30,628
+18,146
| +145% | +$1.06M |
|
3730
PUT
Owens Corning
OC
$11.3B
| $1.82M | ﹤0.01% |
35,300
-31,500
| -47% | -$1.57M |
|
3731
PUT
Neogen
NEOG
$2.54B
| $1.82M | ﹤0.01% |
86,133
+21,333
| +33% | +$398K |
|
|
CUDA
3732
PUT
DELISTED
Barracuda Networks, Inc.
CUDA
| $1.82M | ﹤0.01% |
120,000
+70,300
| +141% | +$1.12M |
|
|
ZLTQ
3733
PUT
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $1.82M | ﹤0.01% |
66,500
+49,900
| +301% | +$1.4M |
|
|
ISIL
3734
CALL
DELISTED
Intersil Corp
ISIL
| $1.82M | ﹤0.01% |
134,100
-8,400
| -6% | -$109K |
|
3735
PUT
Boise Cascade
BCC
$2.75B
| $1.81M | ﹤0.01% |
79,100
+47,500
| +150% | +$1.04M |
|
3736
PUT
iShares MSCI ACWI ETF
ACWI
$33.3B
| $1.81M | ﹤0.01% |
32,200
+22,500
| +232% | +$1.27M |
|
|
TPC
3737
PUT
Tutor Perini Cor
TPC
$4.67B
| $1.81M | ﹤0.01% |
76,900
+50,100
| +187% | +$977K |
|
3738
PUT
Fair Isaac
FICO
$24.9B
| $1.81M | ﹤0.01% |
16,000
-2,900
| -15% | -$315K |
|
|
SIX
3739
DELISTED
Six Flags Entertainment Corp.
SIX
| $1.81M | ﹤0.01% |
31,200
-30,904
| -50% | -$1.8M |
|
3740
PUT
Tower Semiconductor
TSEM
$23.5B
| $1.81M | ﹤0.01% |
145,500
-11,700
| -7% | -$141K |
|
|
HAPN
3741
CALL
Happen Inc
HAPN
$2.06B
| $1.81M | ﹤0.01% |
84,000
+15,140
| +22% | +$436K |
|
3742
CALL
National Grid
NGG
$79.8B
| $1.81M | ﹤0.01% |
25,188
-101,580
| -80% | -$7.03M |
|
|
GLUU
3743
CALL
DELISTED
Glu Mobile Inc.
GLUU
| $1.8M | ﹤0.01% |
820,300
+741,500
| +941% | +$1.87M |
|
3744
PUT
Vanguard FTSE All-World ex-US ETF
VEU
$70.4B
| $1.8M | ﹤0.01% |
42,100
+26,900
| +177% | +$1.17M |
|
|
JJG
3745
CALL
DELISTED
iPath Bloomberg Grains Subindex Total Return ETN due October 22, 2037
JJG
| $1.8M | ﹤0.01% |
+55,000
| New | +$1.84M |
|
3746
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.29B
| $1.8M | ﹤0.01% |
64,774
+44,584
| +221% | +$1.21M |
|
3747
PUT
Galicia Financial Group
GGAL
$6.78B
| $1.8M | ﹤0.01% |
59,000
-127,800
| -68% | -$3.69M |
|
3748
Shopify
SHOP
$197B
| $1.8M | ﹤0.01% |
584,800
-950,660
| -62% | -$2.78M |
|
|
CSA
3749
DELISTED
VictoryShares US Small Cap Volatility Wtd ETF
CSA
| $1.8M | ﹤0.01% |
52,820
+7,379
| +16% | +$250K |
|
3750
Atlanta Braves Holdings Series B
BATRK
$3.24B
| $1.79M | ﹤0.01% |
+122,406
| New | +$1.83M |
|
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.