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 | |
|---|---|---|---|---|---|---|
4376
WisdomTree US LargeCap Fund
EPS
$1.66B
| $1.26M | ﹤0.01% |
54,303
+36,495
| +205% | +$849K |
|
|
TLP
4377
CALL
DELISTED
Transmontaigne
TLP
| $1.26M | ﹤0.01% |
30,700
+100
| +0.3% | +$3.95K |
|
4378
AerCap
AER
$23.2B
| $1.26M | ﹤0.01% |
37,500
-124,108
| -77% | -$4.76M |
|
4379
PUT
Direxion Daily Healthcare Bull 3X ETF
CURE
$191M
| $1.26M | ﹤0.01% |
39,700
+28,000
| +239% | +$844K |
|
4380
Sonoco
SON
$5.58B
| $1.26M | ﹤0.01% |
25,300
-71,111
| -74% | -$3.38M |
|
4381
Becton Dickinson
BDX
$51.6B
| $1.25M | ﹤0.01% |
7,585
| – | – |
|
|
CBM
4382
DELISTED
Cambrex Corporation
CBM
| $1.25M | ﹤0.01% |
24,259
-15,852
| -40% | -$757K |
|
4383
Snap-on
SNA
$20.3B
| $1.25M | ﹤0.01% |
+7,938
| New | +$1.26M |
|
|
PBCT
4384
CALL
DELISTED
People's United Financial Inc
PBCT
| $1.25M | ﹤0.01% |
85,500
+54,200
| +173% | +$841K |
|
|
MSCC
4385
CALL
DELISTED
Microsemi Corp
MSCC
| $1.25M | ﹤0.01% |
38,300
+4,300
| +13% | +$147K |
|
|
ARII
4386
CALL
DELISTED
American Railcar Industries, Inc.
ARII
| $1.25M | ﹤0.01% |
31,700
-25,800
| -45% | -$1.04M |
|
|
BGC
4387
PUT
DELISTED
General Cable Corporation
BGC
| $1.25M | ﹤0.01% |
98,400
-52,100
| -35% | -$719K |
|
|
FRGI
4388
CALL
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.25M | ﹤0.01% |
57,300
-3,100
| -5% | -$87.5K |
|
|
TVPT
4389
CALL
DELISTED
Travelport Worldwide Limited
TVPT
| $1.25M | ﹤0.01% |
96,900
+24,400
| +34% | +$328K |
|
4390
Pricesmart
PSMT
$5.23B
| $1.25M | ﹤0.01% |
13,336
-6,223
| -32% | -$541K |
|
|
IPXL
4391
CALL
DELISTED
Impax Laboratories, Inc.
IPXL
| $1.25M | ﹤0.01% |
43,300
+26,700
| +161% | +$870K |
|
4392
PUT
Lamar Advertising Co
LAMR
$15.3B
| $1.25M | ﹤0.01% |
18,800
+3,500
| +23% | +$221K |
|
|
FTW
4393
DELISTED
First Trust Taiwan AlphaDEX Fund
FTW
| $1.25M | ﹤0.01% |
41,497
+2,696
| +7% | +$77.5K |
|
4394
PUT
CBRE Group
CBRE
$43.7B
| $1.25M | ﹤0.01% |
47,000
-45,200
| -49% | -$1.32M |
|
4395
WBI BullBear Yield 3000 ETF
WBIG
$32.7M
| $1.25M | ﹤0.01% |
61,649
-21,016
| -25% | -$430K |
|
4396
PUT
Trex
TREX
$4.66B
| $1.24M | ﹤0.01% |
110,800
+76,800
| +226% | +$867K |
|
4397
CALL
Vanguard Morningstar Growth ETF
VUG
$228B
| $1.24M | ﹤0.01% |
69,600
+37,800
| +119% | +$673K |
|
4398
Brookdale Senior Living
BKD
$2.8B
| $1.24M | ﹤0.01% |
+80,489
| New | +$1.4M |
|
4399
PUT
Western Midstream Partners
WES
$20B
| $1.24M | ﹤0.01% |
+32,500
| New | +$1.28M |
|
|
TGH
4400
PUT
DELISTED
Textainer Group Holdings limited
TGH
| $1.24M | ﹤0.01% |
111,500
+54,000
| +94% | +$715K |
|
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.