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 | |
|---|---|---|---|---|---|---|
3826
CALL
PTC Therapeutics
PTCT
$5.85B
| $1.93M | ﹤0.01% |
299,800
+41,200
| +16% | +$715K |
|
3827
CALL
ProShares Ultra Russell2000
UWM
$248M
| $1.93M | ﹤0.01% |
102,000
-148,800
| -59% | -$2.47M |
|
|
PTLA
3828
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $1.93M | ﹤0.01% |
94,554
+85,663
| +963% | +$2.72M |
|
|
CEMP
3829
PUT
DELISTED
Cempra, Inc.
CEMP
| $1.93M | ﹤0.01% |
110,100
-3,600
| -3% | -$65.3K |
|
3830
PUT
Credicorp
BAP
$29.3B
| $1.93M | ﹤0.01% |
14,700
+3,900
| +36% | +$430K |
|
3831
CALL
Semtech
SMTC
$12.2B
| $1.93M | ﹤0.01% |
+87,600
| New | +$1.69M |
|
3832
PUT
NovaGold Resources
NG
$3.84B
| $1.92M | ﹤0.01% |
381,500
+341,600
| +856% | +$1.57M |
|
|
DPLO
3833
PUT
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $1.92M | ﹤0.01% |
70,200
+43,400
| +162% | +$1.28M |
|
3834
CMS Energy
CMS
$21.4B
| $1.92M | ﹤0.01% |
45,295
-12,046
| -21% | -$472K |
|
3835
CALL
America Movil
AMX
$69.4B
| $1.92M | ﹤0.01% |
123,700
-65,000
| -34% | -$898K |
|
3836
CALL
SM Energy
SM
$8.71B
| $1.92M | ﹤0.01% |
102,500
-244,000
| -70% | -$3.37M |
|
3837
PUT
iShares National Muni Bond ETF
MUB
$45.5B
| $1.92M | ﹤0.01% |
17,200
-1,400
| -8% | -$156K |
|
|
KKD
3838
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $1.92M | ﹤0.01% |
123,146
+1,005
| +0.8% | +$14.6K |
|
|
BITA
3839
CALL
DELISTED
Bitauto Holdings Limited
BITA
| $1.92M | ﹤0.01% |
77,400
-81,200
| -51% | -$1.79M |
|
|
BPT
3840
CALL
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $1.92M | ﹤0.01% |
135,900
+115,800
| +576% | +$2.7M |
|
3841
PUT
Lazard
LAZ
$4.25B
| $1.91M | ﹤0.01% |
49,300
-42,900
| -47% | -$1.54M |
|
3842
CALL
HDFC Bank
HDB
$119B
| $1.91M | ﹤0.01% |
124,000
+83,200
| +204% | +$1.19M |
|
|
AVB
3843
DELISTED
AvalonBay Communities
AVB
| $1.91M | ﹤0.01% |
10,043
-62,888
| -86% | -$11.1M |
|
3844
CALL
Viasat
VSAT
$9.28B
| $1.91M | ﹤0.01% |
26,000
+17,200
| +195% | +$1.14M |
|
|
WBMD
3845
DELISTED
WebMD Health Corp.
WBMD
| $1.91M | ﹤0.01% |
30,497
+8,265
| +37% | +$443K |
|
|
TARO
3846
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.91M | ﹤0.01% |
13,315
+279
| +2% | +$39.6K |
|
|
GWR
3847
CALL
DELISTED
Genesee & Wyoming Inc.
GWR
| $1.91M | ﹤0.01% |
30,400
-5,200
| -15% | -$285K |
|
|
ISIL
3848
CALL
DELISTED
Intersil Corp
ISIL
| $1.91M | ﹤0.01% |
142,500
+92,400
| +184% | +$1.16M |
|
3849
KeyCorp
KEY
$23.4B
| $1.9M | ﹤0.01% |
172,440
-754,997
| -81% | -$8.44M |
|
3850
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $1.9M | ﹤0.01% |
24,252
+5,218
| +27% | +$384K |
|
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.