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 | |
|---|---|---|---|---|---|---|
|
CPPL
3826
PUT
DELISTED
Columbia Pipeline Partners LP
CPPL
| $1.72M | ﹤0.01% |
114,900
+81,500
| +244% | +$1.17M |
|
|
FNI
3827
DELISTED
First Trust Chindia ETF
FNI
| $1.72M | ﹤0.01% |
63,444
+20,610
| +48% | +$559K |
|
|
FLOW
3828
PUT
DELISTED
SPX FLOW, Inc.
FLOW
| $1.72M | ﹤0.01% |
+66,100
| New | +$1.88M |
|
3829
PUT
Bank OZK
OZK
$5.39B
| $1.72M | ﹤0.01% |
45,900
+15,200
| +50% | +$599K |
|
|
JCP
3830
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.72M | ﹤0.01% |
193,951
+44,994
| +30% | +$395K |
|
3831
CALL
Ingredion
INGR
$6.6B
| $1.72M | ﹤0.01% |
13,300
+3,800
| +40% | +$442K |
|
3832
Royal Bank of Canada
RY
$283B
| $1.72M | ﹤0.01% |
29,100
-127,191
| -81% | -$7.64M |
|
|
BKS
3833
CALL
DELISTED
Barnes & Noble
BKS
| $1.72M | ﹤0.01% |
151,500
-285,900
| -65% | -$3.31M |
|
3834
AMC Entertainment Holdings
AMC
$2.31B
| $1.72M | ﹤0.01% |
6,226
-4,295
| -41% | -$1.2M |
|
3835
Acadia Realty Trust
AKR
$2.85B
| $1.72M | ﹤0.01% |
48,300
+14,108
| +41% | +$483K |
|
3836
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$524M
| $1.72M | ﹤0.01% |
32,470
+15,669
| +93% | +$821K |
|
3837
PUT
Old Dominion Freight Line
ODFL
$41.2B
| $1.71M | ﹤0.01% |
85,200
+62,700
| +279% | +$1.34M |
|
|
SCIX
3838
DELISTED
Global X Scientific Beta Asia ex-Japan ETF
SCIX
| $1.71M | ﹤0.01% |
75,527
-10,297
| -12% | -$229K |
|
|
IRBT
3839
PUT
DELISTED
iRobot
IRBT
| $1.71M | ﹤0.01% |
48,700
-1,200
| -2% | -$44K |
|
3840
PUT
Illinois Tool Works
ITW
$79.8B
| $1.71M | ﹤0.01% |
16,400
-24,400
| -60% | -$2.55M |
|
|
FISV
3841
PUT
Fiserv Inc
FISV
$28.3B
| $1.71M | ﹤0.01% |
31,400
-8,200
| -21% | -$422K |
|
|
MOMO
3842
Hello Group
MOMO
$845M
| $1.71M | ﹤0.01% |
168,883
-49,163
| -23% | -$664K |
|
3843
CALL
Reinsurance Group of America
RGA
$16B
| $1.71M | ﹤0.01% |
17,600
+5,000
| +40% | +$480K |
|
3844
CALL
Wingstop
WING
$3.09B
| $1.71M | ﹤0.01% |
62,600
+46,500
| +289% | +$1.21M |
|
3845
Helix Energy Solutions
HLX
$1.49B
| $1.7M | ﹤0.01% |
252,027
+225,199
| +839% | +$1.63M |
|
3846
VanEck ChiNext Innovators ETF
CNXT
$110M
| $1.7M | ﹤0.01% |
50,607
-25,985
| -34% | -$855K |
|
3847
PUT
Extra Space Storage
EXR
$30.2B
| $1.7M | ﹤0.01% |
18,400
-2,500
| -12% | -$226K |
|
|
CYOU
3848
CALL
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $1.7M | ﹤0.01% |
85,000
-15,700
| -16% | -$299K |
|
3849
CALL
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.3B
| $1.7M | ﹤0.01% |
19,100
+16,200
| +559% | +$1.42M |
|
3850
CALL
UBS Group
UBS
$168B
| $1.7M | ﹤0.01% |
131,200
+18,600
| +17% | +$284K |
|
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.