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 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MBLY
376
PUT
DELISTED
Mobileye N.V.
MBLY
| $75.8M | 0.04% |
1,642,000
+46,900
| +3% | +$1.79M |
|
377
CALL
Enterprise Products Partners
EPD
$82.1B
| $75.3M | 0.04% |
2,573,400
+1,261,400
| +96% | +$33.9M |
|
378
CALL
Blackstone
BX
$108B
| $74.9M | 0.04% |
3,054,000
-540,800
| -15% | -$14.4M |
|
|
TWX
379
CALL
DELISTED
Time Warner Inc
TWX
| $74.8M | 0.04% |
1,016,700
-944,200
| -48% | -$69.8M |
|
380
PUT
AB InBev
BUD
$155B
| $74.6M | 0.04% |
566,900
-189,000
| -25% | -$23.8M |
|
381
PUT
HCA Healthcare
HCA
$92.9B
| $74.6M | 0.04% |
968,500
+62,400
| +7% | +$4.93M |
|
382
PUT
Trip.com Group
TCOM
$29B
| $74.2M | 0.04% |
1,801,700
-304,000
| -14% | -$13.3M |
|
383
CALL
LyondellBasell Industries
LYB
$21.8B
| $74.1M | 0.04% |
995,700
+13,300
| +1% | +$1.1M |
|
|
ICPT
384
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $73.9M | 0.04% |
517,700
+100,900
| +24% | +$14.7M |
|
385
Vanguard FTSE Europe ETF
VGK
$31.2B
| $73.8M | 0.04% |
1,582,664
+1,034,264
| +189% | +$50.2M |
|
386
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$665M
| $73.4M | 0.04% |
18,365
+8,360
| +84% | +$23.3M |
|
|
ILG
387
PUT
DELISTED
ILG, Inc Common Stock
ILG
| $73.1M | 0.04% |
4,600,500
+4,195,900
| +1,037% | +$59.9M |
|
388
PUT
Ulta Beauty
ULTA
$22.4B
| $73.1M | 0.04% |
300,200
+3,800
| +1% | +$827K |
|
|
TWTR
389
CALL
DELISTED
Twitter, Inc.
TWTR
| $72.4M | 0.04% |
4,284,100
-1,744,100
| -29% | -$27.2M |
|
|
EMC
390
CALL
DELISTED
EMC CORPORATION
EMC
| $72.1M | 0.04% |
2,655,200
+1,141,800
| +75% | +$30.9M |
|
|
DD
391
PUT
DELISTED
Du Pont De Nemours E I
DD
| $71.2M | 0.04% |
1,098,100
+32,900
| +3% | +$2.16M |
|
392
CALL
Under Armour
UAA
$2.32B
| $71.1M | 0.04% |
1,770,700
-1,438,300
| -45% | -$57.4M |
|
393
CALL
Skyworks Solutions
SWKS
$10.1B
| $70.9M | 0.04% |
1,120,300
+7,100
| +0.6% | +$483K |
|
394
CALL
Lowe's Companies
LOW
$121B
| $70.5M | 0.04% |
889,900
-751,200
| -46% | -$58.1M |
|
395
CALL
Alcoa
AA
$13.7B
| $70.3M | 0.04% |
3,154,182
+511,735
| +19% | +$12M |
|
396
PUT
Transocean
RIG
$6.61B
| $70.2M | 0.04% |
5,906,200
-2,791,600
| -32% | -$28.6M |
|
397
CALL
Helmerich & Payne
HP
$4.35B
| $69.7M | 0.04% |
1,037,700
-85,200
| -8% | -$5.26M |
|
|
EMC
398
PUT
DELISTED
EMC CORPORATION
EMC
| $69.3M | 0.04% |
2,551,800
-178,300
| -7% | -$4.82M |
|
|
QIHU
399
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $69.2M | 0.04% |
947,900
+486,100
| +105% | +$35.9M |
|
400
CALL
Tyson Foods
TSN
$20.6B
| $69.2M | 0.04% |
1,036,200
-809,700
| -44% | -$52.5M |
|
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's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.