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 | |
|---|---|---|---|---|---|---|
4851
CALL
Century Aluminum
CENX
$4.61B
| $1.01M | ﹤0.01% |
159,700
+99,200
| +164% | +$697K |
|
4852
CALL
Brinker International
EAT
$9.87B
| $1.01M | ﹤0.01% |
22,200
+9,000
| +68% | +$411K |
|
4853
PUT
Synopsys
SNPS
$84.8B
| $1.01M | ﹤0.01% |
+18,700
| New | +$938K |
|
4854
PUT
Western Union
WU
$2.26B
| $1.01M | ﹤0.01% |
52,700
+9,300
| +21% | +$181K |
|
|
UXJ
4855
DELISTED
PROSHARES TR PROSHARES ULTRA MSCI PACIFIC EX-JAPAN
UXJ
| $1.01M | ﹤0.01% |
36,379
+3,522
| +11% | +$101K |
|
4856
PUT
United States Brent Oil Fund
BNO
$638M
| $1.01M | ﹤0.01% |
67,900
+49,500
| +269% | +$708K |
|
4857
Edison International
EIX
$27B
| $1.01M | ﹤0.01% |
13,000
| – | – |
|
|
GAF
4858
DELISTED
SPDR S&P Emerging Middle East & Africa ETF
GAF
| $1.01M | ﹤0.01% |
18,007
+948
| +6% | +$52.1K |
|
4859
PUT
Maximus
MMS
$3.13B
| $1.01M | ﹤0.01% |
18,200
-64,700
| -78% | -$3.49M |
|
4860
PUT
Nelnet
NNI
$4.56B
| $1.01M | ﹤0.01% |
29,000
+8,200
| +39% | +$306K |
|
|
AMRN
4861
PUT
Amarin Corp
AMRN
$295M
| $1.01M | ﹤0.01% |
23,315
+9,175
| +65% | +$345K |
|
|
CRAY
4862
DELISTED
Cray, Inc.
CRAY
| $1.01M | ﹤0.01% |
+33,617
| New | +$1.18M |
|
4863
CALL
Euronet Worldwide
EEFT
$2.62B
| $1M | ﹤0.01% |
14,500
-3,700
| -20% | -$282K |
|
|
TGNA
4864
CALL
DELISTED
TEGNA Inc
TGNA
| $1M | ﹤0.01% |
67,656
+16,875
| +33% | +$247K |
|
|
LNCE
4865
CALL
DELISTED
Snyders-Lance, Inc.
LNCE
| $1M | ﹤0.01% |
29,600
-21,600
| -42% | -$684K |
|
4866
iShares US Healthcare ETF
IYH
$3.74B
| $1M | ﹤0.01% |
33,755
-425
| -1% | -$12.4K |
|
4867
ProShares Ultra 20+ Year Treasury
UBT
$58M
| $1M | ﹤0.01% |
20,448
-2,456
| -11% | -$109K |
|
4868
PUT
Box
BOX
$4.8B
| $1M | ﹤0.01% |
96,700
-13,300
| -12% | -$159K |
|
|
TUTT
4869
DELISTED
Tuttle Tactical Management U.S. Core ETF
TUTT
| $1M | ﹤0.01% |
45,914
-18,848
| -29% | -$409K |
|
4870
PUT
First Trust Water ETF
FIW
$1.89B
| $999K | ﹤0.01% |
28,400
+20,300
| +251% | +$703K |
|
4871
IMAX
IMAX
$2.76B
| $998K | ﹤0.01% |
33,846
-31,336
| -48% | -$983K |
|
4872
Coca-Cola Consolidated
COKE
$13.2B
| $997K | ﹤0.01% |
+67,640
| New | +$989K |
|
4873
Invesco Large Cap Growth ETF
PWB
$2.42B
| $997K | ﹤0.01% |
31,926
-5,947
| -16% | -$184K |
|
|
HT
4874
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $997K | ﹤0.01% |
58,118
+28,994
| +100% | +$547K |
|
4875
Enpro
NPO
$6.33B
| $996K | ﹤0.01% |
+22,446
| New | +$1.16M |
|
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.