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 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ETP
451
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $59.2M | 0.03% |
1,555,600
+82,800
| +6% | +$2.97M |
|
452
CALL
D.R. Horton
DHI
$41.5B
| $59.1M | 0.03% |
1,878,100
-93,700
| -5% | -$2.86M |
|
453
PUT
Dollar General
DG
$27.2B
| $59.1M | 0.03% |
628,800
-131,000
| -17% | -$11.3M |
|
|
WFM
454
DELISTED
Whole Foods Market Inc
WFM
| $59.1M | 0.03% |
1,845,124
-50,984
| -3% | -$1.59M |
|
455
CALL
PayPal
PYPL
$52.7B
| $58.8M | 0.03% |
1,609,300
-528,100
| -25% | -$20.2M |
|
456
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $58.7M | 0.03% |
1,861,800
-212,600
| -10% | -$6.47M |
|
457
CALL
Danaher
DHR
$154B
| $58.6M | 0.03% |
862,794
+255,461
| +42% | +$16.7M |
|
458
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $58.6M | 0.03% |
2,464,500
+337,300
| +16% | +$8.01M |
|
459
PUT
lululemon athletica
LULU
$13.7B
| $58.5M | 0.03% |
791,800
-836,600
| -51% | -$55.5M |
|
|
EA
460
CALL
DELISTED
Electronic Arts
EA
| $58.5M | 0.03% |
771,700
-168,400
| -18% | -$11.9M |
|
|
K
461
CALL
DELISTED
Kellanova
K
| $58.2M | 0.03% |
759,558
+385,104
| +103% | +$27.6M |
|
462
CALL
Plains All American Pipeline
PAA
$17.4B
| $57.8M | 0.03% |
2,102,100
+739,700
| +54% | +$17.9M |
|
463
CALL
Ulta Beauty
ULTA
$22.4B
| $57.5M | 0.03% |
235,800
-111,800
| -32% | -$24.3M |
|
464
Visteon
VC
$2.83B
| $57.3M | 0.03% |
871,390
-238,458
| -21% | -$17.8M |
|
465
PUT
United Parks & Resorts
PRKS
$2.06B
| $57.3M | 0.03% |
4,001,800
-2,345,600
| -37% | -$42.4M |
|
466
PUT
Illumina
ILMN
$33.1B
| $57.2M | 0.03% |
419,218
-69,082
| -14% | -$9.81M |
|
467
CALL
Seagate
STX
$193B
| $57.2M | 0.03% |
2,349,000
+1,198,800
| +104% | +$29.1M |
|
468
PUT
First Solar
FSLR
$23B
| $57.1M | 0.03% |
1,178,200
-674,000
| -36% | -$35.9M |
|
469
PUT
Cencora
COR
$60.7B
| $56.7M | 0.03% |
715,000
+588,300
| +464% | +$47.2M |
|
|
ATVI
470
PUT
DELISTED
Activision Blizzard
ATVI
| $56.5M | 0.03% |
1,426,100
-508,000
| -26% | -$18.7M |
|
471
CALL
Zillow
Z
$8.07B
| $56.5M | 0.03% |
1,556,000
+966,200
| +164% | +$26.8M |
|
472
PUT
Abbott
ABT
$202B
| $56.3M | 0.03% |
1,433,000
+862,400
| +151% | +$34.3M |
|
|
TWX
473
PUT
DELISTED
Time Warner Inc
TWX
| $56M | 0.03% |
762,100
-1,348,800
| -64% | -$99.8M |
|
|
X
474
CALL
DELISTED
US Steel
X
| $56M | 0.03% |
3,319,700
-2,039,600
| -38% | -$34.3M |
|
475
CALL
NXP Semiconductors
NXPI
$56.9B
| $55.8M | 0.03% |
712,100
+40,500
| +6% | +$3.47M |
|
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's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.