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 | |
|---|---|---|---|---|---|---|
476
CALL
iShares Silver Trust
SLV
$33.8B
| $56.5M | 0.03% |
3,847,200
-6,942,500
| -64% | -$98.5M |
|
|
XLNX
477
CALL
DELISTED
Xilinx Inc
XLNX
| $56.4M | 0.03% |
1,189,600
-421,100
| -26% | -$19.8M |
|
478
CALL
United Rentals
URI
$68.4B
| $56.4M | 0.03% |
906,500
+54,500
| +6% | +$3.03M |
|
479
PUT
Adobe
ADBE
$109B
| $56.3M | 0.03% |
599,900
+240,900
| +67% | +$20.9M |
|
480
CALL
Emerson Electric
EMR
$87.7B
| $56M | 0.03% |
1,029,400
+71,600
| +7% | +$3.45M |
|
|
SCTY
481
PUT
DELISTED
SolarCity Corporation
SCTY
| $56M | 0.03% |
2,277,400
-438,400
| -16% | -$12.5M |
|
|
BHI
482
PUT
DELISTED
Baker Hughes
BHI
| $55.8M | 0.03% |
1,273,800
-911,900
| -42% | -$39.4M |
|
483
PUT
PayPal
PYPL
$52.7B
| $55.6M | 0.03% |
1,439,700
+1,018,500
| +242% | +$36.8M |
|
484
CALL
Johnson Controls International
JCI
$86.7B
| $55.5M | 0.03% |
1,360,780
-57,968
| -4% | -$2.21M |
|
|
MBLY
485
CALL
DELISTED
Mobileye N.V.
MBLY
| $55.4M | 0.03% |
1,486,700
-512,900
| -26% | -$16.3M |
|
|
GG
486
CALL
DELISTED
Goldcorp Inc
GG
| $55.4M | 0.03% |
3,415,700
-322,100
| -9% | -$4.48M |
|
487
CALL
Lumen
LUMN
$6.13B
| $55.2M | 0.03% |
1,726,400
+516,100
| +43% | +$14.5M |
|
488
CALL
C.H. Robinson
CHRW
$16.5B
| $55.1M | 0.03% |
742,600
+159,600
| +27% | +$11M |
|
489
CALL
NXP Semiconductors
NXPI
$56.9B
| $54.4M | 0.03% |
671,600
-301,600
| -31% | -$22.5M |
|
490
PUT
Cigna
CI
$73.3B
| $54.1M | 0.03% |
394,300
-183,200
| -32% | -$25.2M |
|
|
MJN
491
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $54M | 0.03% |
635,600
+128,400
| +25% | +$9.55M |
|
492
AbbVie
ABBV
$468B
| $53.8M | 0.03% |
941,532
-294,277
| -24% | -$16.4M |
|
|
ICPT
493
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $53.5M | 0.03% |
416,800
+29,100
| +8% | +$3.44M |
|
494
CALL
Marathon Petroleum
MPC
$101B
| $53.2M | 0.03% |
1,430,400
-146,600
| -9% | -$5.57M |
|
495
PUT
Simon Property Group
SPG
$70.6B
| $53.1M | 0.03% |
255,700
-260,500
| -50% | -$50M |
|
496
Verizon
VZ
$205B
| $53M | 0.03% |
979,115
+48,412
| +5% | +$2.42M |
|
|
VALE.P
497
DELISTED
Vale S A
VALE.P
| $52.9M | 0.03% |
16,959,464
+3,869,213
| +30% | +$8.9M |
|
498
CALL
ProShares Ultra S&P500
SSO
$8.32B
| $52.9M | 0.03% |
6,629,600
+3,196,000
| +93% | +$22.9M |
|
499
CALL
Capri Holdings
CPRI
$1.55B
| $52.7M | 0.03% |
924,800
-937,600
| -50% | -$46.3M |
|
500
Alcoa
AA
$13.7B
| $52.6M | 0.03% |
2,283,787
-508,168
| -18% | -$10.3M |
|
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.