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 | |
|---|---|---|---|---|---|---|
4301
CALL
Bloomin' Brands
BLMN
$906M
| $1.3M | ﹤0.01% |
73,000
+51,900
| +246% | +$961K |
|
4302
CALL
Gold Fields
GFI
$40.9B
| $1.3M | ﹤0.01% |
266,400
-76,400
| -22% | -$318K |
|
4303
CALL
Rapid7
RPD
$896M
| $1.3M | ﹤0.01% |
+103,700
| New | +$1.32M |
|
4304
NextEra Energy
NEE
$171B
| $1.3M | ﹤0.01% |
40,000
-8,580
| -18% | -$258K |
|
|
WCN
4305
Waste Connections
WCN
$41.7B
| $1.3M | ﹤0.01% |
27,150
-8,898
| -25% | -$405K |
|
|
GCI
4306
CALL
DELISTED
Gannett Co., Inc
GCI
| $1.3M | ﹤0.01% |
94,400
+24,000
| +34% | +$372K |
|
4307
CALL
ProShares UltraShort Russell2000
TWM
$45.2M
| $1.3M | ﹤0.01% |
1,870
-905
| -33% | -$668K |
|
|
TAL
4308
PUT
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $1.3M | ﹤0.01% |
97,200
+48,200
| +98% | +$708K |
|
4309
CALL
RingCentral
RNG
$5.79B
| $1.3M | ﹤0.01% |
66,000
-133,700
| -67% | -$2.53M |
|
4310
First Trust RBA American Industrial Renaissance ETF
AIRR
$9.61B
| $1.3M | ﹤0.01% |
71,135
-23,122
| -25% | -$415K |
|
|
CTB
4311
PUT
DELISTED
Cooper Tire & Rubber Co.
CTB
| $1.3M | ﹤0.01% |
43,600
+13,200
| +43% | +$437K |
|
|
WBIB
4312
DELISTED
WBI BullBear Value 2000 ETF
WBIB
| $1.3M | ﹤0.01% |
60,767
-9,666
| -14% | -$207K |
|
|
WBIA
4313
DELISTED
WBI BullBear Rising Income 2000 ETF
WBIA
| $1.3M | ﹤0.01% |
60,242
-84,038
| -58% | -$1.81M |
|
4314
PUT
Invesco Senior Loan ETF
BKLN
$6.78B
| $1.3M | ﹤0.01% |
56,500
-59,900
| -51% | -$1.37M |
|
|
IMOS
4315
ChipMOS TECHNOLOGIES
IMOS
$1.93B
| $1.3M | ﹤0.01% |
65,063
+24,185
| +59% | +$476K |
|
|
DNY
4316
PUT
DELISTED
DONNELLEY R R & SONS CO
DNY
| $1.3M | ﹤0.01% |
76,700
+9,900
| +15% | +$168K |
|
4317
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $1.3M | ﹤0.01% |
52,428
-35,561
| -40% | -$898K |
|
4318
iShares Global Financials ETF
IXG
$700M
| $1.3M | ﹤0.01% |
27,108
+670
| +3% | +$33.4K |
|
4319
Selective Insurance
SIGI
$5.51B
| $1.3M | ﹤0.01% |
33,919
| – | – |
|
4320
ABM Industries
ABM
$2.77B
| $1.29M | ﹤0.01% |
35,500
| – | – |
|
4321
Innoviva
INVA
$1.51B
| $1.29M | ﹤0.01% |
+122,975
| New | +$1.46M |
|
4322
PUT
UBS Group
UBS
$168B
| $1.29M | ﹤0.01% |
99,900
-64,600
| -39% | -$987K |
|
4323
Gogo Inc
GOGO
$369M
| $1.29M | ﹤0.01% |
154,137
+74,279
| +93% | +$740K |
|
|
DPLO
4324
PUT
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $1.29M | ﹤0.01% |
36,900
-33,300
| -47% | -$1.05M |
|
|
TEF
4325
PUT
DELISTED
Telefonica
TEF
| $1.29M | ﹤0.01% |
175,303
+107,988
| +160% | +$867K |
|
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.