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 |
iShares MSCI Emerging Markets ETF
EEM
|
+$444M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$252M |
| 3 |
Bank of America
BAC
|
+$191M |
| 4 |
Citigroup
C
|
+$182M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$140M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.59B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$518M |
| 3 |
Meta Platforms (Facebook)
META
|
+$292M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$245M |
| 5 |
AGN
Allergan plc
AGN
|
+$199M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.95% |
| 2 | Technology | 1.63% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.39% |
| 5 | Healthcare | 1.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
CALL
Autodesk
ADSK
$53.6B
| $59.4M | 0.03% |
1,018,900
-432,400
| -30% | -$22.5M |
|
452
Baxter International
BAX
$13.6B
| $59.4M | 0.03% |
1,445,880
+1,376,642
| +1,988% | +$52.5M |
|
|
SHPG
453
PUT
DELISTED
Shire pic
SHPG
| $59.2M | 0.03% |
344,400
+241,200
| +234% | +$40.4M |
|
|
WFM
454
DELISTED
Whole Foods Market Inc
WFM
| $59M | 0.03% |
1,896,108
+63,583
| +3% | +$1.99M |
|
455
Baidu
BIDU
$31.6B
| $58.9M | 0.03% |
308,663
-221,235
| -42% | -$37.7M |
|
456
CALL
Darden Restaurants
DRI
$25.2B
| $58.9M | 0.03% |
887,900
+172,200
| +24% | +$10.9M |
|
457
CALL
Transocean
RIG
$6.61B
| $58.8M | 0.03% |
6,437,300
+1,494,300
| +30% | +$14.9M |
|
458
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.97B
| $58.7M | 0.03% |
2,806,400
+1,569,600
| +127% | +$28.1M |
|
|
HOT
459
PUT
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $58.7M | 0.03% |
703,100
-316,100
| -31% | -$21.6M |
|
460
CALL
Advance Auto Parts
AAP
$2.57B
| $58.7M | 0.03% |
365,800
-101,400
| -22% | -$15.2M |
|
|
LNKD
461
DELISTED
LinkedIn Corporation
LNKD
| $58.6M | 0.03% |
512,508
+508,313
| +12,117% | +$74.7M |
|
462
CALL
Deere & Co
DE
$175B
| $58.6M | 0.03% |
761,000
-405,900
| -35% | -$31.8M |
|
463
Starbucks
SBUX
$122B
| $58.3M | 0.03% |
976,038
-782,730
| -45% | -$45.6M |
|
|
VMW
464
PUT
DELISTED
VMware, Inc
VMW
| $58.3M | 0.03% |
1,113,700
-86,000
| -7% | -$4.26M |
|
|
HES
465
PUT
DELISTED
Hess
HES
| $58.2M | 0.03% |
1,106,100
-37,700
| -3% | -$1.67M |
|
466
PUT
Colgate-Palmolive
CL
$72.6B
| $58.2M | 0.03% |
823,700
+339,600
| +70% | +$22.6M |
|
|
B
467
CALL
Barrick Mining
B
$78.3B
| $58.1M | 0.03% |
4,279,400
+1,417,100
| +50% | +$16.5M |
|
468
CALL
Adobe
ADBE
$109B
| $57.8M | 0.03% |
616,700
+165,800
| +37% | +$14.4M |
|
|
CLR
469
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $57.7M | 0.03% |
1,899,700
+754,900
| +66% | +$17.1M |
|
470
PUT
Ulta Beauty
ULTA
$22.4B
| $57.4M | 0.03% |
296,400
-37,400
| -11% | -$6.52M |
|
471
PUT
Petrobras
PBR
$123B
| $57.3M | 0.03% |
9,806,900
-4,670,600
| -32% | -$18.9M |
|
472
Delta Air Lines
DAL
$54.2B
| $57.2M | 0.03% |
1,174,643
+612,031
| +109% | +$28.6M |
|
|
EA
473
PUT
DELISTED
Electronic Arts
EA
| $56.8M | 0.03% |
859,900
-680,400
| -44% | -$43.4M |
|
474
CALL
AB InBev
BUD
$155B
| $56.8M | 0.03% |
456,000
-1,190,500
| -72% | -$141M |
|
|
ALXN
475
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $56.6M | 0.03% |
406,700
+35,500
| +10% | +$5.21M |
|
Similar funds
Jeff Yass's Q1 2016 Portfolio in Review
As of Q1 2016, Jeff Yass held 10,537 positions worth $188B, down 13% from $216B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass withdrew a net $22.6B in Q1 2016, closing 1,613 positions and reducing 4,303 holdings. Its most notable exit was KEURIG GREEN MTN INC, an estimated $84.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 2% of assets, down from 2.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares National Muni Bond ETF worth $17.4M.
- Jeff Yass's largest Q1 2016 buy was iShares National Muni Bond ETF: 155,932 shares worth $17.4M.
- Jeff Yass added most to iShares MSCI Emerging Markets ETF in Q1 2016, an estimated $444M increase.
- Jeff Yass's biggest Q1 2016 reduction was Apple, cutting an estimated $2.59B.
- Jeff Yass fully exited KEURIG GREEN MTN INC in Q1 2016, selling an estimated $84.4M.
- Jeff Yass's ten largest holdings make up 24% of its $188B portfolio in Q1 2016.
- Jeff Yass opened 1,208 new positions and closed 1,613 in Q1 2016.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $188B.
Based on Susquehanna International Group's 13F filing for Q1 2016, filed 13 May 2016.