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 | |
|---|---|---|---|---|---|---|
4276
Tennant Co
TNC
$1.19B
| $1.5M | ﹤0.01% |
29,210
+16,632
| +132% | +$863K |
|
4277
CALL
iShares MSCI Turkey ETF
TUR
$225M
| $1.5M | ﹤0.01% |
34,300
+23,700
| +224% | +$898K |
|
|
GWR
4278
DELISTED
Genesee & Wyoming Inc.
GWR
| $1.5M | ﹤0.01% |
23,986
-16,497
| -41% | -$904K |
|
4279
CALL
Banco Macro
BMA
$4.86B
| $1.5M | ﹤0.01% |
23,300
+300
| +1% | +$19.1K |
|
|
CSW
4280
CSW Industrials
CSW
$5.19B
| $1.5M | ﹤0.01% |
47,684
+14,083
| +42% | +$452K |
|
4281
Schwab US REIT ETF
SCHH
$11.3B
| $1.5M | ﹤0.01% |
72,530
-22,288
| -24% | -$429K |
|
4282
VF Corp
VFC
$5.37B
| $1.5M | ﹤0.01% |
24,612
-12,063
| -33% | -$701K |
|
4283
First Merchants
FRME
$2.63B
| $1.5M | ﹤0.01% |
63,645
-4,320
| -6% | -$98.6K |
|
4284
Centrus Energy
LEU
$3.51B
| $1.5M | ﹤0.01% |
332,125
| – | – |
|
4285
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $1.5M | ﹤0.01% |
16,400
-3,300
| -17% | -$288K |
|
4286
PUT
Valmont Industries
VMI
$9.19B
| $1.5M | ﹤0.01% |
12,100
+6,800
| +128% | +$755K |
|
|
CHS
4287
PUT
DELISTED
Chicos FAS, Inc.
CHS
| $1.5M | ﹤0.01% |
112,700
+37,200
| +49% | +$421K |
|
|
WOOF
4288
PUT
DELISTED
VCA Inc.
WOOF
| $1.49M | ﹤0.01% |
+25,900
| New | +$1.34M |
|
|
SA
4289
CALL
Seabridge Gold
SA
$3.49B
| $1.49M | ﹤0.01% |
136,200
+108,000
| +383% | +$943K |
|
|
VRNT
4290
CALL
DELISTED
Verint Systems
VRNT
| $1.49M | ﹤0.01% |
87,746
-63,994
| -42% | -$1.17M |
|
|
MYCC
4291
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $1.49M | ﹤0.01% |
106,237
+27,480
| +35% | +$363K |
|
|
PACW
4292
PUT
DELISTED
PacWest Bancorp
PACW
| $1.49M | ﹤0.01% |
40,100
+9,700
| +32% | +$344K |
|
4293
Liberty Global Class C
LBTYK
$3.56B
| $1.49M | ﹤0.01% |
45,665
+39,940
| +698% | +$1.22M |
|
4294
PUT
American States Water
AWR
$3.56B
| $1.49M | ﹤0.01% |
+37,800
| New | +$1.6M |
|
|
SPNC
4295
CALL
DELISTED
Spectranetics Corp
SPNC
| $1.49M | ﹤0.01% |
102,400
+70,500
| +221% | +$976K |
|
4296
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$94.8M
| $1.49M | ﹤0.01% |
80,513
+66,534
| +476% | +$1.08M |
|
4297
PUT
LGI Homes
LGIH
$1.34B
| $1.49M | ﹤0.01% |
61,400
-18,200
| -23% | -$405K |
|
|
PACW
4298
CALL
DELISTED
PacWest Bancorp
PACW
| $1.49M | ﹤0.01% |
40,000
+12,200
| +44% | +$432K |
|
4299
PUT
MarketAxess Holdings
MKTX
$5.73B
| $1.49M | ﹤0.01% |
11,900
+5,200
| +78% | +$594K |
|
|
BITA
4300
PUT
DELISTED
Bitauto Holdings Limited
BITA
| $1.49M | ﹤0.01% |
59,900
-65,700
| -52% | -$1.45M |
|
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.