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 | |
|---|---|---|---|---|---|---|
4201
Costco
COST
$419B
| $1.38M | ﹤0.01% |
8,773
-70,191
| -89% | -$10.6M |
|
4202
PUT
IQVIA
IQV
$43.1B
| $1.38M | ﹤0.01% |
21,100
+12,200
| +137% | +$818K |
|
|
TUTI
4203
DELISTED
Tuttle Tactical Management Multi-Strategy Income ETF
TUTI
| $1.38M | ﹤0.01% |
61,292
+30,420
| +99% | +$679K |
|
4204
State Street SPDR S&P International Dividend ETF
DWX
$527M
| $1.38M | ﹤0.01% |
39,082
+31,189
| +395% | +$1.1M |
|
4205
VanEck Indonesia Index ETF
IDX
$37.5M
| $1.38M | ﹤0.01% |
63,002
+29,943
| +91% | +$609K |
|
|
ISIL
4206
DELISTED
Intersil Corp
ISIL
| $1.38M | ﹤0.01% |
101,563
-106,820
| -51% | -$1.39M |
|
|
DANG
4207
CALL
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $1.37M | ﹤0.01% |
227,100
+175,500
| +340% | +$1.14M |
|
4208
PUT
Analog Devices
ADI
$175B
| $1.37M | ﹤0.01% |
24,200
-30,700
| -56% | -$1.76M |
|
4209
PUT
Dave & Buster's
PLAY
$327M
| $1.37M | ﹤0.01% |
29,300
-13,300
| -31% | -$551K |
|
4210
Woodward
WWD
$20.2B
| $1.37M | ﹤0.01% |
+23,777
| New | +$1.32M |
|
|
RDUS
4211
DELISTED
Radius Recycling
RDUS
| $1.37M | ﹤0.01% |
77,793
-31,976
| -29% | -$566K |
|
4212
CALL
MasTec
MTZ
$19.4B
| $1.37M | ﹤0.01% |
61,300
+2,600
| +4% | +$57.7K |
|
|
CRR
4213
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $1.37M | ﹤0.01% |
104,400
-261,700
| -71% | -$3.52M |
|
4214
State Street SPDR S&P Pharmaceuticals ETF
XPH
$549M
| $1.37M | ﹤0.01% |
32,701
+4,782
| +17% | +$203K |
|
4215
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$388M
| $1.37M | ﹤0.01% |
+28,781
| New | +$1.33M |
|
4216
Brixmor Property Group
BRX
$8.95B
| $1.36M | ﹤0.01% |
51,575
+41,480
| +411% | +$1.06M |
|
4217
PUT
Honda
HMC
$41.3B
| $1.36M | ﹤0.01% |
53,900
+16,300
| +43% | +$439K |
|
4218
iShares Agency Bond ETF
AGZ
$569M
| $1.36M | ﹤0.01% |
11,771
-20,526
| -64% | -$2.36M |
|
|
ARI
4219
CALL
Apollo Commercial Real Estate
ARI
$881M
| $1.36M | ﹤0.01% |
84,900
+67,800
| +396% | +$1.09M |
|
4220
CALL
LSB Industries
LXU
$748M
| $1.36M | ﹤0.01% |
146,770
-119,210
| -45% | -$1.19M |
|
|
FMSA
4221
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $1.36M | ﹤0.01% |
+176,803
| New | +$871K |
|
|
AAN.A
4222
CALL
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $1.36M | ﹤0.01% |
62,200
-8,900
| -13% | -$195K |
|
4223
Credicorp
BAP
$29.3B
| $1.36M | ﹤0.01% |
8,816
-14,936
| -63% | -$2.14M |
|
4224
CALL
Inovio Pharmaceuticals
INO
$133M
| $1.36M | ﹤0.01% |
12,267
-3,183
| -21% | -$387K |
|
4225
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.09B
| $1.36M | ﹤0.01% |
+24,852
| New | +$1.34M |
|
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.