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 | |
|---|---|---|---|---|---|---|
3876
PUT
USA Compression Partners
USAC
$3.9B
| $1.68M | ﹤0.01% |
114,400
+52,400
| +85% | +$737K |
|
|
GMLP
3877
DELISTED
Golar LNG Partners LP
GMLP
| $1.68M | ﹤0.01% |
91,501
| – | – |
|
|
AFSI
3878
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $1.68M | ﹤0.01% |
68,441
+16,507
| +32% | +$421K |
|
3879
PepsiCo
PEP
$193B
| $1.68M | ﹤0.01% |
15,819
-664,901
| -98% | -$68.6M |
|
3880
CALL
Direxion Daily Technology Bear 3x ETF
TECS
$66.5M
| $1.68M | ﹤0.01% |
1
-1
| -50% | -$1.36M |
|
3881
First Trust Germany AlphaDEX Fund
FGM
$99.9M
| $1.67M | ﹤0.01% |
48,346
+34,881
| +259% | +$1.27M |
|
3882
PUT
Iovance Biotherapeutics
IOVA
$3.63B
| $1.67M | ﹤0.01% |
206,600
+172,700
| +509% | +$1.08M |
|
|
SCAI
3883
CALL
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $1.67M | ﹤0.01% |
35,100
+29,900
| +575% | +$1.38M |
|
3884
CALL
Lincoln Electric
LECO
$15.5B
| $1.67M | ﹤0.01% |
28,300
+7,400
| +35% | +$446K |
|
3885
CALL
National Fuel Gas
NFG
$7.89B
| $1.67M | ﹤0.01% |
29,400
+3,700
| +14% | +$200K |
|
3886
CALL
NovoCure
NVCR
$2.08B
| $1.67M | ﹤0.01% |
143,300
+51,800
| +57% | +$649K |
|
3887
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $1.67M | ﹤0.01% |
66,472
-6,700
| -9% | -$166K |
|
|
IPN
3888
DELISTED
SPDR S&P International Industrial Sector
IPN
| $1.67M | ﹤0.01% |
+59,700
| New | +$1.71M |
|
|
RDC
3889
PUT
DELISTED
Rowan Companies Plc
RDC
| $1.67M | ﹤0.01% |
94,300
-162,000
| -63% | -$2.81M |
|
3890
United Bankshares
UBSI
$6.48B
| $1.66M | ﹤0.01% |
44,331
-32,880
| -43% | -$1.24M |
|
3891
PUT
Boston Properties
BXP
$11.1B
| $1.66M | ﹤0.01% |
12,600
-5,500
| -30% | -$706K |
|
3892
iShares MSCI Denmark ETF
EDEN
$195M
| $1.66M | ﹤0.01% |
29,979
+15,172
| +102% | +$861K |
|
3893
CALL
W.R. Berkley
WRB
$25.4B
| $1.66M | ﹤0.01% |
93,488
-23,625
| -20% | -$393K |
|
3894
PUT
EPAM Systems
EPAM
$5.92B
| $1.66M | ﹤0.01% |
25,800
-31,400
| -55% | -$2.29M |
|
|
PTLA
3895
PUT
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $1.66M | ﹤0.01% |
70,300
-116,500
| -62% | -$2.88M |
|
|
EXAS
3896
DELISTED
Exact Sciences
EXAS
| $1.66M | ﹤0.01% |
135,387
-222,649
| -62% | -$1.68M |
|
|
GDXX
3897
DELISTED
ProShares Ultra Gold Miners
GDXX
| $1.66M | ﹤0.01% |
22,680
-7,892
| -26% | -$450K |
|
3898
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$132M
| $1.66M | ﹤0.01% |
60,561
-103,380
| -63% | -$2.77M |
|
3899
PUT
Autohome
ATHM
$2.63B
| $1.66M | ﹤0.01% |
82,300
+30,500
| +59% | +$816K |
|
3900
CEMIG Preferred Shares
CIG
$5.69B
| $1.65M | ﹤0.01% |
1,465,508
-221,709
| -13% | -$203K |
|
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.