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 | |
|---|---|---|---|---|---|---|
4076
PUT
Asbury Automotive
ABG
$3.8B
| $1.69M | ﹤0.01% |
28,200
-84,200
| -75% | -$4.59M |
|
4077
CALL
Live Nation Entertainment
LYV
$42.3B
| $1.69M | ﹤0.01% |
75,600
+15,500
| +26% | +$339K |
|
|
DF
4078
PUT
DELISTED
Dean Foods Company
DF
| $1.69M | ﹤0.01% |
97,300
+55,300
| +132% | +$1.05M |
|
|
FAZ
4079
Direxion Daily Financial Bear 3x ETF
FAZ
$88.2M
| $1.68M | ﹤0.01% |
99
-388
| -80% | -$7.91M |
|
|
CSOD
4080
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.68M | ﹤0.01% |
51,400
-14,600
| -22% | -$440K |
|
4081
Fidelity MSCI Financials Index ETF
FNCL
$2.42B
| $1.68M | ﹤0.01% |
62,406
+43,199
| +225% | +$1.12M |
|
4082
Shinhan Financial Group
SHG
$37.2B
| $1.68M | ﹤0.01% |
47,774
-17,791
| -27% | -$581K |
|
4083
Commault Systems
CVLT
$5.65B
| $1.68M | ﹤0.01% |
38,942
-42,025
| -52% | -$1.56M |
|
|
IBKC
4084
DELISTED
IBERIABANK Corp
IBKC
| $1.68M | ﹤0.01% |
32,789
+9,417
| +40% | +$461K |
|
4085
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.88B
| $1.68M | ﹤0.01% |
34,420
-5,818
| -14% | -$260K |
|
4086
West Pharmaceutical
WST
$23.7B
| $1.68M | ﹤0.01% |
24,222
-11,438
| -32% | -$688K |
|
|
WDR
4087
PUT
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $1.68M | ﹤0.01% |
71,300
+37,600
| +112% | +$913K |
|
4088
CALL
Omega Healthcare
OHI
$13.9B
| $1.68M | ﹤0.01% |
47,500
-13,400
| -22% | -$439K |
|
4089
PUT
RingCentral
RNG
$5.79B
| $1.68M | ﹤0.01% |
106,500
+89,500
| +526% | +$1.67M |
|
4090
iShares MSCI Japan Small-Cap ETF
SCJ
$262M
| $1.68M | ﹤0.01% |
28,957
+14,863
| +105% | +$825K |
|
|
MYCC
4091
CALL
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $1.67M | ﹤0.01% |
119,200
+95,200
| +397% | +$1.26M |
|
4092
Vanguard Russell 1000 ETF
VONE
$8.64B
| $1.67M | ﹤0.01% |
17,747
-4,410
| -20% | -$394K |
|
|
EBSB
4093
DELISTED
Meridian Bancorp, Inc.
EBSB
| $1.67M | ﹤0.01% |
120,087
+39,740
| +49% | +$542K |
|
4094
PUT
iShares US Home Construction ETF
ITB
$2.25B
| $1.67M | ﹤0.01% |
61,700
-530,800
| -90% | -$13.1M |
|
|
CDK
4095
CALL
DELISTED
CDK Global, Inc.
CDK
| $1.67M | ﹤0.01% |
35,900
-4,300
| -11% | -$191K |
|
4096
iShares MSCI New Zealand ETF
ENZL
$83.4M
| $1.67M | ﹤0.01% |
40,587
+12,513
| +45% | +$459K |
|
4097
PUT
Helen of Troy
HELE
$667M
| $1.67M | ﹤0.01% |
16,100
+5,200
| +48% | +$485K |
|
|
SRC
4098
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $1.67M | ﹤0.01% |
33,081
-14,017
| -30% | -$654K |
|
4099
Toll Brothers
TOL
$13.5B
| $1.67M | ﹤0.01% |
56,503
-70,427
| -55% | -$1.97M |
|
|
ADRU
4100
DELISTED
Invesco BLDRS Europe Select ADR Index Fund
ADRU
| $1.67M | ﹤0.01% |
85,729
+3,181
| +4% | +$60.6K |
|
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.