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 | |
|---|---|---|---|---|---|---|
4551
CALL
Bank of Hawaii
BOH
$3.05B
| $1.16M | ﹤0.01% |
16,800
+9,800
| +140% | +$674K |
|
4552
Geron
GERN
$970M
| $1.16M | ﹤0.01% |
431,321
-9,903
| -2% | -$28.8K |
|
4553
State Street SPDR S&P Health Care Services ETF
XHS
$210M
| $1.16M | ﹤0.01% |
+20,190
| New | +$1.15M |
|
4554
Kimberly-Clark
KMB
$36.4B
| $1.16M | ﹤0.01% |
8,400
-17,642
| -68% | -$2.31M |
|
4555
PUT
Universal Corp
UVV
$1.14B
| $1.16M | ﹤0.01% |
20,000
+5,200
| +35% | +$286K |
|
|
ZVO
4556
PUT
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.16M | ﹤0.01% |
159,500
+14,000
| +10% | +$120K |
|
|
WGL
4557
DELISTED
Wgl Holdings
WGL
| $1.15M | ﹤0.01% |
16,300
-23,150
| -59% | -$1.57M |
|
|
MSCC
4558
PUT
DELISTED
Microsemi Corp
MSCC
| $1.15M | ﹤0.01% |
35,300
+9,500
| +37% | +$325K |
|
4559
PUT
Alto Ingredients
ALTO
$316M
| $1.15M | ﹤0.01% |
211,500
+104,600
| +98% | +$519K |
|
4560
PUT
Clean Energy Fuels
CLNE
$359M
| $1.15M | ﹤0.01% |
332,300
+16,300
| +5% | +$51.6K |
|
|
TDAY
4561
USA Today Co
TDAY
$931M
| $1.15M | ﹤0.01% |
63,748
-111,243
| -64% | -$1.83M |
|
4562
Weyerhaeuser
WY
$17B
| $1.15M | ﹤0.01% |
38,700
-338,306
| -90% | -$10.4M |
|
4563
State Street SPDR S&P Telecom ETF
XTL
$525M
| $1.15M | ﹤0.01% |
19,873
+15,861
| +395% | +$905K |
|
|
BHR
4564
PUT
Braemar Hotels & Resorts
BHR
$139M
| $1.15M | ﹤0.01% |
+82,214
| New | +$982K |
|
4565
Halliburton
HAL
$30.1B
| $1.15M | ﹤0.01% |
25,408
-110,707
| -81% | -$4.55M |
|
4566
PUT
RPC Inc
RES
$1.42B
| $1.15M | ﹤0.01% |
74,100
+62,200
| +523% | +$911K |
|
4567
CALL
WD-40
WDFC
$2.91B
| $1.15M | ﹤0.01% |
+9,800
| New | +$1.06M |
|
|
SFUN
4568
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $1.15M | ﹤0.01% |
4,578
-8,274
| -64% | -$2.29M |
|
|
SPN
4569
PUT
DELISTED
Superior Energy Services, Inc.
SPN
| $1.15M | ﹤0.01% |
+6,250
| New | +$1.02M |
|
4570
Penumbra
PEN
$12.7B
| $1.15M | ﹤0.01% |
+19,322
| New | +$1.04M |
|
4571
Global X Social Media ETF
SOCL
$89.9M
| $1.15M | ﹤0.01% |
54,947
+2,612
| +5% | +$50.4K |
|
4572
United Fire Group
UFCS
$1.39B
| $1.15M | ﹤0.01% |
27,100
-600
| -2% | -$25.5K |
|
4573
State Street Income Allocation ETF
INKM
$75M
| $1.15M | ﹤0.01% |
36,801
-6,571
| -15% | -$202K |
|
4574
ProShares Ultra Semiconductors
USD
$2.6B
| $1.15M | ﹤0.01% |
1,250,208
+808,608
| +183% | +$694K |
|
4575
PUT
FreightCar America
RAIL
$235M
| $1.15M | ﹤0.01% |
81,700
+59,800
| +273% | +$889K |
|
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.