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 | |
|---|---|---|---|---|---|---|
|
NXGN
3801
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.95M | ﹤0.01% |
127,700
-71,044
| -36% | -$1.08M |
|
|
GIMO
3802
CALL
DELISTED
Gigamon Inc.
GIMO
| $1.95M | ﹤0.01% |
+62,700
| New | +$1.64M |
|
3803
CEMIG Preferred Shares
CIG
$5.69B
| $1.94M | ﹤0.01% |
1,687,217
+1,208,559
| +252% | +$986K |
|
|
MLNX
3804
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $1.94M | ﹤0.01% |
+35,779
| New | +$1.66M |
|
|
MDR
3805
PUT
DELISTED
McDermott International
MDR
| $1.94M | ﹤0.01% |
158,433
-42,334
| -21% | -$402K |
|
3806
Meritage Homes
MTH
$4.63B
| $1.94M | ﹤0.01% |
106,578
-139,276
| -57% | -$2.22M |
|
3807
CALL
iShares US Utilities ETF
IDU
$1.31B
| $1.94M | ﹤0.01% |
31,400
+19,600
| +166% | +$1.13M |
|
|
WFT
3808
DELISTED
Weatherford International plc
WFT
| $1.94M | ﹤0.01% |
249,575
-311,727
| -56% | -$2.1M |
|
3809
CALL
AXIS Capital
AXS
$7.26B
| $1.94M | ﹤0.01% |
35,000
-5,400
| -13% | -$292K |
|
3810
First Solar
FSLR
$22B
| $1.94M | ﹤0.01% |
28,328
-611,213
| -96% | -$41M |
|
3811
UBS Group
UBS
$168B
| $1.94M | ﹤0.01% |
121,099
+46,640
| +63% | +$757K |
|
3812
CALL
AGCO
AGCO
$7.94B
| $1.94M | ﹤0.01% |
39,000
-141,000
| -78% | -$6.78M |
|
|
PVG
3813
PUT
DELISTED
PRETIUM RESOURCES INC.
PVG
| $1.94M | ﹤0.01% |
362,300
+191,500
| +112% | +$945K |
|
|
ESPR
3814
DELISTED
Esperion Therapeutics
ESPR
| $1.94M | ﹤0.01% |
114,554
-10,058
| -8% | -$162K |
|
3815
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$584M
| $1.94M | ﹤0.01% |
+39,109
| New | +$1.82M |
|
3816
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$577M
| $1.94M | ﹤0.01% |
66,988
-610
| -0.9% | -$16.6K |
|
3817
PUT
Tower Semiconductor
TSEM
$23.5B
| $1.94M | ﹤0.01% |
157,200
+74,500
| +90% | +$937K |
|
|
CEMP
3818
DELISTED
Cempra, Inc.
CEMP
| $1.94M | ﹤0.01% |
110,557
+39,205
| +55% | +$711K |
|
3819
PUT
Church & Dwight Co
CHD
$24B
| $1.94M | ﹤0.01% |
42,000
+29,200
| +228% | +$1.27M |
|
|
WWE
3820
CALL
DELISTED
World Wrestling Entertainment
WWE
| $1.94M | ﹤0.01% |
109,600
+78,500
| +252% | +$1.33M |
|
|
CXO
3821
DELISTED
CONCHO RESOURCES INC.
CXO
| $1.94M | ﹤0.01% |
19,170
-73,293
| -79% | -$6.74M |
|
|
CRR
3822
PUT
DELISTED
Carbo Ceramics Inc.
CRR
| $1.94M | ﹤0.01% |
136,300
-14,400
| -10% | -$249K |
|
|
CSC
3823
CALL
DELISTED
Computer Sciences
CSC
| $1.93M | ﹤0.01% |
56,200
+19,500
| +53% | +$588K |
|
3824
PUT
Ericsson
ERIC
$32.5B
| $1.93M | ﹤0.01% |
192,600
+39,000
| +25% | +$359K |
|
|
COR
3825
CALL
DELISTED
Coresite Realty Corporation
COR
| $1.93M | ﹤0.01% |
+27,600
| New | +$1.73M |
|
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.