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 | |
|---|---|---|---|---|---|---|
|
SCMP
4626
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $1.12M | ﹤0.01% |
102,399
+86,557
| +546% | +$969K |
|
|
IMOS
4627
CALL
ChipMOS TECHNOLOGIES
IMOS
$1.93B
| $1.12M | ﹤0.01% |
56,176
-47,918
| -46% | -$942K |
|
4628
McGrath RentCorp
MGRC
$2.74B
| $1.12M | ﹤0.01% |
36,657
-6,223
| -15% | -$168K |
|
4629
iShares MSCI Austria ETF
EWO
$209M
| $1.12M | ﹤0.01% |
+79,065
| New | +$1.22M |
|
|
HTCH
4630
PUT
DELISTED
HUTCHINSON TECHNOLOGY INC
HTCH
| $1.12M | ﹤0.01% |
330,300
+97,800
| +42% | +$354K |
|
4631
PUT
Designer Brands
DBI
$279M
| $1.12M | ﹤0.01% |
52,800
+15,300
| +41% | +$352K |
|
4632
ICF International
ICFI
$1.62B
| $1.12M | ﹤0.01% |
27,337
-3,067
| -10% | -$120K |
|
|
SIX
4633
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
| $1.12M | ﹤0.01% |
19,300
-13,200
| -41% | -$768K |
|
|
BSJH
4634
DELISTED
Guggenheim BulletShares 2017 High Yield Corporate Bond ETF
BSJH
| $1.12M | ﹤0.01% |
43,257
-13,472
| -24% | -$346K |
|
4635
CALL
TherapeuticsMD
TXMD
$25.7M
| $1.12M | ﹤0.01% |
2,626
-674
| -20% | -$278K |
|
4636
PUT
World Kinect Corp
WKC
$1.81B
| $1.12M | ﹤0.01% |
23,500
-5,000
| -18% | -$233K |
|
|
NGD
4637
PUT
DELISTED
New Gold Inc
NGD
| $1.11M | ﹤0.01% |
254,600
+146,000
| +134% | +$616K |
|
4638
ProShares Ultra Technology
ROM
$1.25B
| $1.11M | ﹤0.01% |
239,056
+70,000
| +41% | +$329K |
|
4639
CALL
iShares MSCI Turkey ETF
TUR
$225M
| $1.11M | ﹤0.01% |
28,100
-6,200
| -18% | -$257K |
|
4640
First Trust Senior Loan Fund ETF
FTSL
$2.35B
| $1.11M | ﹤0.01% |
23,270
+15,823
| +212% | +$759K |
|
4641
Rexford Industrial Realty
REXR
$8.28B
| $1.11M | ﹤0.01% |
52,788
-16,916
| -24% | -$331K |
|
|
HIBB
4642
CALL
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.11M | ﹤0.01% |
32,000
+300
| +0.9% | +$10.4K |
|
4643
CALL
Korea Electric Power
KEP
$15B
| $1.11M | ﹤0.01% |
42,900
-200
| -0.5% | -$5.16K |
|
4644
Willis Towers Watson
WTW
$31.9B
| $1.11M | ﹤0.01% |
8,946
-3,302
| -27% | -$407K |
|
4645
Ameris Bancorp
ABCB
$5.74B
| $1.11M | ﹤0.01% |
37,401
| – | – |
|
|
PRTY
4646
DELISTED
Party City Holdco Inc.
PRTY
| $1.11M | ﹤0.01% |
79,822
+28,592
| +56% | +$394K |
|
|
WIBC
4647
DELISTED
WILSHIRE BANCORP INC
WIBC
| $1.11M | ﹤0.01% |
106,576
-22,897
| -18% | -$247K |
|
|
SOHU
4648
Sohu.com
SOHU
$368M
| $1.11M | ﹤0.01% |
29,306
+11,507
| +65% | +$490K |
|
|
CRAY
4649
PUT
DELISTED
Cray, Inc.
CRAY
| $1.11M | ﹤0.01% |
37,100
-44,800
| -55% | -$1.57M |
|
4650
Mueller Industries
MLI
$13.9B
| $1.11M | ﹤0.01% |
139,208
-20,400
| -13% | -$158K |
|
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.