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 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GG
426
CALL
DELISTED
Goldcorp Inc
GG
| $64.3M | 0.03% |
3,362,300
-53,400
| -2% | -$946K |
|
427
CALL
lululemon athletica
LULU
$13.7B
| $64.3M | 0.03% |
870,500
-685,300
| -44% | -$45.5M |
|
428
CALL
iShares Silver Trust
SLV
$33.8B
| $64.2M | 0.03% |
3,593,200
-254,000
| -7% | -$4.06M |
|
429
PUT
Capri Holdings
CPRI
$1.55B
| $64M | 0.03% |
1,292,900
+219,000
| +20% | +$10.8M |
|
430
General Motors
GM
$77.2B
| $63.9M | 0.03% |
2,256,638
-663,003
| -23% | -$20.1M |
|
431
CALL
Cigna
CI
$73.3B
| $63.4M | 0.03% |
495,400
-60,900
| -11% | -$8.04M |
|
432
PUT
DuPont de Nemours
DD
$18.7B
| $63.2M | 0.03% |
502,131
-137,655
| -22% | -$18.1M |
|
433
PUT
Prudential Financial
PRU
$41.8B
| $62.9M | 0.03% |
881,900
-67,100
| -7% | -$5.06M |
|
|
HES
434
PUT
DELISTED
Hess
HES
| $62.5M | 0.03% |
1,039,500
-66,600
| -6% | -$3.86M |
|
|
ESRX
435
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $62.4M | 0.03% |
822,900
-224,500
| -21% | -$16.5M |
|
436
PUT
Blackrock
BLK
$179B
| $62.4M | 0.03% |
182,100
-147,800
| -45% | -$51.9M |
|
|
VALE.P
437
DELISTED
Vale S A
VALE.P
| $62.1M | 0.03% |
15,490,264
-1,469,200
| -9% | -$5.4M |
|
|
ICPT
438
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $62M | 0.03% |
434,600
+88,000
| +25% | +$12.8M |
|
439
CALL
C.H. Robinson
CHRW
$16.5B
| $61.8M | 0.03% |
832,000
+89,400
| +12% | +$6.54M |
|
440
CALL
State Street SPDR S&P Retail ETF
XRT
$491M
| $61.3M | 0.03% |
1,461,900
+1,700
| +0.1% | +$73K |
|
441
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $61.3M | 0.03% |
1,966,100
+1,176,600
| +149% | +$38.9M |
|
|
ALXN
442
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $61.3M | 0.03% |
524,800
+228,800
| +77% | +$32.5M |
|
443
CALL
International Paper
IP
$22B
| $61.2M | 0.03% |
1,525,392
-147,629
| -9% | -$5.87M |
|
444
CALL
PNC Financial Services
PNC
$97B
| $61.2M | 0.03% |
751,900
+13,500
| +2% | +$1.16M |
|
445
PUT
NXP Semiconductors
NXPI
$56.9B
| $61M | 0.03% |
779,200
-71,300
| -8% | -$6.11M |
|
446
PUT
Elevance Health
ELV
$86.9B
| $60.8M | 0.03% |
463,200
+121,400
| +36% | +$16.6M |
|
447
PUT
Baxter International
BAX
$13.6B
| $60.7M | 0.03% |
1,343,200
+720,500
| +116% | +$31.6M |
|
|
XLNX
448
CALL
DELISTED
Xilinx Inc
XLNX
| $60.3M | 0.03% |
1,307,700
+118,100
| +10% | +$5.4M |
|
449
CALL
Dollar Tree
DLTR
$25.3B
| $60.2M | 0.03% |
638,900
-317,500
| -33% | -$26.9M |
|
450
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$462M
| $60.1M | 0.03% |
642,500
+277,700
| +76% | +$24.9M |
|
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's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.