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 | |
|---|---|---|---|---|---|---|
3976
VanEck Emerging Markets High Yield Bond ETF
HYEM
$522M
| $1.58M | ﹤0.01% |
66,276
+48,259
| +268% | +$1.12M |
|
3977
Mohawk Industries
MHK
$8.8B
| $1.58M | ﹤0.01% |
8,303
-12,518
| -60% | -$2.44M |
|
|
FINL
3978
DELISTED
Finish Line
FINL
| $1.57M | ﹤0.01% |
78,010
-28,890
| -27% | -$546K |
|
3979
Medifast
MED
$136M
| $1.57M | ﹤0.01% |
47,329
+26,963
| +132% | +$870K |
|
|
SMC
3980
Summit Midstream
SMC
$470M
| $1.57M | ﹤0.01% |
4,593
| – | – |
|
|
STMP
3981
DELISTED
Stamps.com, Inc.
STMP
| $1.57M | ﹤0.01% |
18,000
-78,641
| -81% | -$7.02M |
|
3982
CALL
Fomento Económico Mexicano
FMX
$40.9B
| $1.57M | ﹤0.01% |
17,000
+8,600
| +102% | +$786K |
|
3983
PUT
iShares Mortgage Real Estate ETF
REM
$537M
| $1.57M | ﹤0.01% |
38,300
+32,700
| +584% | +$1.31M |
|
3984
PUT
MarketAxess Holdings
MKTX
$5.73B
| $1.57M | ﹤0.01% |
10,800
-1,100
| -9% | -$146K |
|
3985
CALL
Universal Health Services
UHS
$10.1B
| $1.57M | ﹤0.01% |
11,700
+5,700
| +95% | +$752K |
|
3986
DHT Holdings
DHT
$3.17B
| $1.57M | ﹤0.01% |
311,616
+873
| +0.3% | +$4.84K |
|
3987
CALL
Oceaneering
OII
$5.04B
| $1.57M | ﹤0.01% |
52,500
+31,400
| +149% | +$1.02M |
|
3988
Invesco Building & Construction ETF
PKB
$344M
| $1.57M | ﹤0.01% |
60,465
+16,245
| +37% | +$414K |
|
|
ADXS
3989
CALL
DELISTED
Advaxis Inc
ADXS
| $1.57M | ﹤0.01% |
12,913
+6,086
| +89% | +$780K |
|
|
IPFF
3990
DELISTED
iShares International Preferred Stock ETF
IPFF
| $1.57M | ﹤0.01% |
+100,971
| New | +$1.66M |
|
3991
PUT
S&P Global
SPGI
$131B
| $1.57M | ﹤0.01% |
+14,600
| New | +$1.57M |
|
|
NTUS
3992
CALL
DELISTED
Natus Medical Inc
NTUS
| $1.56M | ﹤0.01% |
41,400
+17,600
| +74% | +$589K |
|
|
SEMG
3993
DELISTED
SEMGROUP CORPORATION
SEMG
| $1.56M | ﹤0.01% |
48,061
-28,956
| -38% | -$841K |
|
3994
PUT
Puma Biotechnology
PBYI
$468M
| $1.56M | ﹤0.01% |
52,500
-3,900
| -7% | -$122K |
|
|
AIMC
3995
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.56M | ﹤0.01% |
57,880
-16,304
| -22% | -$453K |
|
|
IBDD
3996
DELISTED
iShares iBonds Mar 2023 Term Corporate ETF
IBDD
| $1.56M | ﹤0.01% |
57,764
-69,276
| -55% | -$1.85M |
|
3997
CALL
ON Semiconductor
ON
$28.3B
| $1.56M | ﹤0.01% |
176,900
+65,900
| +59% | +$627K |
|
|
FEIC
3998
PUT
DELISTED
FEI COMPANY
FEIC
| $1.56M | ﹤0.01% |
14,600
+11,500
| +371% | +$1.1M |
|
3999
Hope Bancorp
HOPE
$1.78B
| $1.56M | ﹤0.01% |
104,338
-59,220
| -36% | -$917K |
|
4000
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$432M
| $1.56M | ﹤0.01% |
80,483
+18,172
| +29% | +$345K |
|
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.