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 | |
|---|---|---|---|---|---|---|
|
CRAY
4526
CALL
DELISTED
Cray, Inc.
CRAY
| $1.17M | ﹤0.01% |
39,100
+700
| +2% | +$24.5K |
|
4527
CALL
Jones Lang LaSalle
JLL
$17.4B
| $1.17M | ﹤0.01% |
12,000
+2,500
| +26% | +$287K |
|
4528
PUT
Vanguard Materials ETF
VAW
$3.11B
| $1.17M | ﹤0.01% |
11,400
+7,800
| +217% | +$798K |
|
|
CAFD
4529
CALL
DELISTED
8point3 Energy Partners LP
CAFD
| $1.17M | ﹤0.01% |
73,900
+44,100
| +148% | +$655K |
|
4530
CALL
Green Plains
GPRE
$1.03B
| $1.17M | ﹤0.01% |
59,200
-14,600
| -20% | -$257K |
|
|
GIMO
4531
PUT
DELISTED
Gigamon Inc.
GIMO
| $1.17M | ﹤0.01% |
31,200
+100
| +0.3% | +$3.19K |
|
4532
AXIS Capital
AXS
$7.26B
| $1.17M | ﹤0.01% |
21,200
-64,760
| -75% | -$3.51M |
|
4533
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$101M
| $1.16M | ﹤0.01% |
281
-3,091
| -92% | -$15.2M |
|
|
CCMP
4534
PUT
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $1.16M | ﹤0.01% |
27,500
+17,300
| +170% | +$726K |
|
4535
Portland General Electric
POR
$5.83B
| $1.16M | ﹤0.01% |
26,360
-4,310
| -14% | -$176K |
|
|
HTO
4536
H2O America
HTO
$2.66B
| $1.16M | ﹤0.01% |
29,528
+13,528
| +85% | +$484K |
|
|
HIBB
4537
PUT
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.16M | ﹤0.01% |
33,400
+700
| +2% | +$24.3K |
|
4538
PUT
Broadridge
BR
$20.9B
| $1.16M | ﹤0.01% |
17,800
-8,000
| -31% | -$496K |
|
4539
ProShares Investment Grade-Interest Rate Hedged
IGHG
$343M
| $1.16M | ﹤0.01% |
16,081
+12,915
| +408% | +$944K |
|
4540
Orthofix Medical
OFIX
$395M
| $1.16M | ﹤0.01% |
27,374
-4,358
| -14% | -$189K |
|
4541
PUT
Voya Financial
VOYA
$9.29B
| $1.16M | ﹤0.01% |
46,900
+23,000
| +96% | +$704K |
|
|
PSAU
4542
DELISTED
Invesco Global Gold and Precious Metals ETF
PSAU
| $1.16M | ﹤0.01% |
49,117
+14,905
| +44% | +$305K |
|
4543
DTE Energy
DTE
$28.3B
| $1.16M | ﹤0.01% |
13,748
-35,868
| -72% | -$2.77M |
|
|
CMD
4544
DELISTED
Cantel Medical Corporation
CMD
| $1.16M | ﹤0.01% |
16,878
-31,270
| -65% | -$2.16M |
|
4545
PUT
Sociedad Química y Minera de Chile
SQM
$22.5B
| $1.16M | ﹤0.01% |
46,900
+35,500
| +311% | +$779K |
|
|
KND
4546
CALL
DELISTED
Kindred Healthcare
KND
| $1.16M | ﹤0.01% |
102,700
+60,500
| +143% | +$757K |
|
|
DF
4547
DELISTED
Dean Foods Company
DF
| $1.16M | ﹤0.01% |
64,000
-197,327
| -76% | -$3.5M |
|
4548
CALL
Integra LifeSciences
IART
$1.31B
| $1.16M | ﹤0.01% |
+29,000
| New | +$1.04M |
|
|
INSY
4549
DELISTED
Insys Therapeutics, Inc.
INSY
| $1.16M | ﹤0.01% |
89,427
+57,730
| +182% | +$841K |
|
|
NSR
4550
PUT
DELISTED
Neustar Inc
NSR
| $1.16M | ﹤0.01% |
49,200
-3,200
| -6% | -$76.1K |
|
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.