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 | |
|---|---|---|---|---|---|---|
4951
CALL
Super Micro Computer
SMCI
$24B
| $957K | ﹤0.01% |
385,000
-455,000
| -54% | -$1.25M |
|
|
AYR
4952
DELISTED
Aircastle Ltd
AYR
| $957K | ﹤0.01% |
+48,931
| New | +$1.04M |
|
|
CSBK
4953
DELISTED
Clifton Bancorp Inc.
CSBK
| $957K | ﹤0.01% |
63,475
-600
| -0.9% | -$8.97K |
|
|
CMCM
4954
CALL
Cheetah Mobile
CMCM
$102M
| $956K | ﹤0.01% |
20,120
+2,160
| +12% | +$142K |
|
4955
CALL
Sensata Technologies
ST
$5.97B
| $956K | ﹤0.01% |
27,400
-19,600
| -42% | -$716K |
|
|
AMID
4956
PUT
DELISTED
American Midstream Partners, LP
AMID
| $956K | ﹤0.01% |
80,800
+52,900
| +190% | +$574K |
|
4957
PUT
Teucrium Corn Fund
CORN
$172M
| $953K | ﹤0.01% |
46,500
+27,800
| +149% | +$605K |
|
4958
FerroAtlántica
GSM
$761M
| $953K | ﹤0.01% |
110,627
+87,626
| +381% | +$804K |
|
4959
Northern Trust International Quality Dividend Dynamic ETF
IQDY
$113M
| $953K | ﹤0.01% |
43,359
-1,700
| -4% | -$38.3K |
|
|
EDE
4960
DELISTED
Empire District Electric
EDE
| $953K | ﹤0.01% |
28,051
+2,546
| +10% | +$85.5K |
|
4961
PUT
ProShares UltraShort Gold
GLL
$94.2M
| $952K | ﹤0.01% |
3,400
+800
| +31% | +$251K |
|
4962
CALL
Nelnet
NNI
$4.56B
| $952K | ﹤0.01% |
+27,400
| New | +$1.02M |
|
|
THR
4963
DELISTED
Thermon Group Holdings
THR
| $951K | ﹤0.01% |
49,498
-11,309
| -19% | -$217K |
|
4964
CALL
Voya Financial
VOYA
$9.29B
| $951K | ﹤0.01% |
38,400
+4,900
| +15% | +$150K |
|
|
WBS
4965
PUT
DELISTED
Webster Financial
WBS
| $951K | ﹤0.01% |
28,000
+5,000
| +22% | +$182K |
|
|
INSY
4966
CALL
DELISTED
Insys Therapeutics, Inc.
INSY
| $951K | ﹤0.01% |
73,500
-169,000
| -70% | -$2.46M |
|
4967
PUT
LCI Industries
LCII
$2.5B
| $950K | ﹤0.01% |
+11,200
| New | +$806K |
|
4968
PUT
Tidewater
TDW
$4.61B
| $950K | ﹤0.01% |
6,677
+306
| +5% | +$62.6K |
|
4969
Empire State Realty Trust
ESRT
$795M
| $949K | ﹤0.01% |
49,980
+34,144
| +216% | +$641K |
|
4970
PUT
IMAX
IMAX
$2.76B
| $949K | ﹤0.01% |
32,200
-48,700
| -60% | -$1.53M |
|
4971
SLR Investment Corp
SLRC
$683M
| $947K | ﹤0.01% |
49,717
| – | – |
|
|
MDRX
4972
CALL
DELISTED
Veradigm Inc. Common Stock
MDRX
| $946K | ﹤0.01% |
74,500
+34,100
| +84% | +$452K |
|
4973
CALL
Logitech
LOGI
$14B
| $944K | ﹤0.01% |
58,000
+2,400
| +4% | +$37.4K |
|
4974
PUT
Global X Silver Miners ETF NEW
SIL
$5.38B
| $944K | ﹤0.01% |
21,800
+1,300
| +6% | +$45K |
|
4975
PUT
Clean Harbors
CLH
$16.4B
| $943K | ﹤0.01% |
18,100
+300
| +2% | +$15K |
|
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.