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 | |
|---|---|---|---|---|---|---|
4676
First Merchants
FRME
$2.63B
| $1.1M | ﹤0.01% |
44,103
-19,542
| -31% | -$486K |
|
4677
Invesco Food & Beverage ETF
PBJ
$91.5M
| $1.1M | ﹤0.01% |
32,348
+31
| +0.1% | +$1.01K |
|
4678
PUT
PTC Therapeutics
PTCT
$5.85B
| $1.1M | ﹤0.01% |
156,400
-20,000
| -11% | -$147K |
|
|
INVX
4679
PUT
Innovex International
INVX
$2.11B
| $1.1M | ﹤0.01% |
18,800
-45,000
| -71% | -$2.72M |
|
|
ENLK
4680
PUT
DELISTED
EnLink Midstream Partners, LP
ENLK
| $1.1M | ﹤0.01% |
66,000
+39,400
| +148% | +$575K |
|
|
NOAH
4681
PUT
Noah Holdings
NOAH
$589M
| $1.1M | ﹤0.01% |
45,500
-29,800
| -40% | -$734K |
|
4682
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.43B
| $1.1M | ﹤0.01% |
15,200
+400
| +3% | +$28.2K |
|
4683
CALL
Henry Schein
HSIC
$9.98B
| $1.1M | ﹤0.01% |
15,810
-5,865
| -27% | -$396K |
|
4684
PUT
Prosperity Bancshares
PB
$8.69B
| $1.1M | ﹤0.01% |
21,500
+16,600
| +339% | +$835K |
|
4685
CALL
Revvity
RVTY
$14.4B
| $1.1M | ﹤0.01% |
20,900
+2,200
| +12% | +$116K |
|
|
VIVO
4686
PUT
DELISTED
Meridian Bioscience Inc
VIVO
| $1.1M | ﹤0.01% |
56,200
+25,700
| +84% | +$504K |
|
|
STRP
4687
CALL
DELISTED
Straight Path Communications Inc.
STRP
| $1.1M | ﹤0.01% |
39,600
-96,900
| -71% | -$3.2M |
|
4688
CALL
Curtiss-Wright
CW
$22B
| $1.09M | ﹤0.01% |
13,000
-9,800
| -43% | -$789K |
|
4689
Nu Skin
NUS
$236M
| $1.09M | ﹤0.01% |
+23,690
| New | +$954K |
|
|
TEP
4690
PUT
DELISTED
Tallgrass Energy Partners, LP
TEP
| $1.09M | ﹤0.01% |
23,800
+4,600
| +24% | +$199K |
|
4691
CALL
Seres Therapeutics
MCRB
$51.3M
| $1.09M | ﹤0.01% |
+1,880
| New | +$1.1M |
|
4692
National Bank Holdings
NBHC
$1.84B
| $1.09M | ﹤0.01% |
53,647
-24,718
| -32% | -$504K |
|
4693
Molson Coors Class B
TAP
$7.73B
| $1.09M | ﹤0.01% |
10,800
-25,903
| -71% | -$2.55M |
|
4694
Vanguard S&P 500 ETF
VOO
$1.03T
| $1.09M | ﹤0.01% |
5,678
-7,617
| -57% | -$1.45M |
|
|
MXWL
4695
PUT
DELISTED
Maxwell Technologies Inc
MXWL
| $1.09M | ﹤0.01% |
206,700
-33,000
| -14% | -$190K |
|
4696
Centrus Energy
LEU
$3.51B
| $1.09M | ﹤0.01% |
332,125
| – | – |
|
4697
Vanguard S&P 500 Growth ETF
VOOG
$26.9B
| $1.09M | ﹤0.01% |
62,406
+22,416
| +56% | +$389K |
|
|
IVC
4698
CALL
DELISTED
Invacare Corporation
IVC
| $1.09M | ﹤0.01% |
89,800
+3,300
| +4% | +$38.9K |
|
|
BSJM
4699
DELISTED
Invesco BulletShares 2022 High Yield Corporate Bond ETF
BSJM
| $1.09M | ﹤0.01% |
45,106
+30,169
| +202% | +$720K |
|
4700
B2Gold
BTG
$7.48B
| $1.09M | ﹤0.01% |
+433,625
| New | +$876K |
|
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.