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 | |
|---|---|---|---|---|---|---|
4876
PUT
Insperity
NSP
$2.04B
| $996K | ﹤0.01% |
+25,800
| New | +$834K |
|
4877
State Street Multi-Asset Real Return ETF
RLY
$1.35B
| $996K | ﹤0.01% |
+40,912
| New | +$973K |
|
4878
Astronics
ATRO
$3.26B
| $995K | ﹤0.01% |
47,461
+19,228
| +68% | +$442K |
|
4879
CALL
Brookfield
BN
$92.3B
| $995K | ﹤0.01% |
84,362
+65,283
| +342% | +$781K |
|
4880
Enel Chile
ENIC
$6.02B
| $994K | ﹤0.01% |
+170,485
| New | +$975K |
|
4881
First Trust Cloud Computing ETF
SKYY
$3.37B
| $994K | ﹤0.01% |
33,175
-11,622
| -26% | -$348K |
|
|
SPYB
4882
DELISTED
SPDR S&P 500 Buyback ETF
SPYB
| $993K | ﹤0.01% |
21,614
+16,297
| +307% | +$758K |
|
4883
PUT
GoDaddy
GDDY
$12.4B
| $992K | ﹤0.01% |
31,800
-16,800
| -35% | -$526K |
|
4884
Invesco Dividend Achievers ETF
PFM
$804M
| $991K | ﹤0.01% |
43,772
-58,733
| -57% | -$1.29M |
|
4885
PUT
Rambus
RMBS
$9.3B
| $991K | ﹤0.01% |
82,000
-37,900
| -32% | -$462K |
|
4886
CVR Partners
UAN
$1.32B
| $991K | ﹤0.01% |
12,134
+1,176
| +11% | +$97K |
|
4887
LGI Homes
LGIH
$1.34B
| $990K | ﹤0.01% |
31,002
+11,182
| +56% | +$310K |
|
4888
CALL
Universal Electronics
UEIC
$58.2M
| $990K | ﹤0.01% |
13,700
+5,000
| +57% | +$328K |
|
|
PBFX
4889
PUT
DELISTED
PBF LOGISTICS LP
PBFX
| $990K | ﹤0.01% |
43,000
-21,300
| -33% | -$445K |
|
|
ATVI
4890
DELISTED
Activision Blizzard
ATVI
| $990K | ﹤0.01% |
24,980
-304,067
| -92% | -$11.2M |
|
4891
Weibo
WB
$1.72B
| $989K | ﹤0.01% |
+34,817
| New | +$846K |
|
4892
CALL
Wendy's
WEN
$1.58B
| $989K | ﹤0.01% |
102,800
-10,100
| -9% | -$106K |
|
|
CYB
4893
CALL
DELISTED
WisdomTree Chinese Yuan Strategy Fund
CYB
| $989K | ﹤0.01% |
40,500
-266,800
| -87% | -$6.62M |
|
4894
CALL
Pitney Bowes
PBI
$2.36B
| $988K | ﹤0.01% |
55,500
+15,200
| +38% | +$293K |
|
|
CONN
4895
DELISTED
Conn's Inc.
CONN
| $988K | ﹤0.01% |
131,375
+55,664
| +74% | +$602K |
|
|
DGLD
4896
DELISTED
VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
| $988K | ﹤0.01% |
22,493
+16,128
| +253% | +$843K |
|
|
CSR
4897
Centerspace
CSR
$881M
| $987K | ﹤0.01% |
15,259
-2,528
| -14% | -$164K |
|
|
DOOR
4898
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $987K | ﹤0.01% |
14,924
-408
| -3% | -$28K |
|
|
BUFF
4899
PUT
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $987K | ﹤0.01% |
42,300
+33,600
| +386% | +$835K |
|
|
RWV
4900
DELISTED
Oppenheimer Navellier Overall A-100 Revenue ETF
RWV
| $987K | ﹤0.01% |
21,164
+76
| +0.4% | +$3.58K |
|
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.