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 | |
|---|---|---|---|---|---|---|
5151
Lloyds Banking Group
LYG
$85.7B
| $859K | ﹤0.01% |
289,094
-79,071
| -21% | -$309K |
|
|
CLVS
5152
DELISTED
Clovis Oncology, Inc.
CLVS
| $858K | ﹤0.01% |
62,521
-135,657
| -68% | -$1.98M |
|
|
ADXS
5153
PUT
DELISTED
Advaxis Inc
ADXS
| $858K | ﹤0.01% |
7,067
+1,900
| +37% | +$243K |
|
5154
CALL
Lindsay Corp
LNN
$1.16B
| $855K | ﹤0.01% |
12,600
+3,800
| +43% | +$270K |
|
|
FINL
5155
PUT
DELISTED
Finish Line
FINL
| $854K | ﹤0.01% |
42,300
-23,200
| -35% | -$439K |
|
5156
PUT
Ericsson
ERIC
$32.5B
| $853K | ﹤0.01% |
111,100
-81,500
| -42% | -$668K |
|
5157
iShares Morningstar Mid-Cap ETF
IMCB
$1.71B
| $852K | ﹤0.01% |
22,836
-64,452
| -74% | -$2.37M |
|
5158
CALL
Bankunited
BKU
$3.3B
| $851K | ﹤0.01% |
27,700
+2,000
| +8% | +$66.6K |
|
|
BLD
5159
CALL
DELISTED
TopBuild
BLD
| $851K | ﹤0.01% |
23,500
+4,300
| +22% | +$145K |
|
5160
Allient
ALNT
$1.58B
| $850K | ﹤0.01% |
54,804
-7,896
| -13% | -$112K |
|
5161
PUT
Louisiana-Pacific
LPX
$4.98B
| $850K | ﹤0.01% |
49,000
+21,600
| +79% | +$380K |
|
5162
KT
KT
$9.35B
| $849K | ﹤0.01% |
59,570
| – | – |
|
5163
PUT
ProShares UltraShort Financials
SKF
$10.5M
| $849K | ﹤0.01% |
1,188
+607
| +104% | +$439K |
|
5164
ProShares UltraShort Real Estate
SRS
$14.2M
| $849K | ﹤0.01% |
3,118
-158
| -5% | -$48.6K |
|
|
CIR
5165
CALL
DELISTED
CIRCOR International, Inc
CIR
| $849K | ﹤0.01% |
14,900
+8,100
| +119% | +$436K |
|
|
JONE
5166
DELISTED
Jones Energy, Inc.
JONE
| $849K | ﹤0.01% |
+11,200
| New | +$848K |
|
|
UTEK
5167
DELISTED
Ultratech Inc.
UTEK
| $849K | ﹤0.01% |
36,978
+22,500
| +155% | +$491K |
|
5168
Broadridge
BR
$20.9B
| $848K | ﹤0.01% |
13,000
-15,900
| -55% | -$985K |
|
5169
PUT
Oceaneering
OII
$5.04B
| $848K | ﹤0.01% |
28,400
+22,000
| +344% | +$718K |
|
5170
PUT
Kimco Realty
KIM
$16B
| $847K | ﹤0.01% |
+27,000
| New | +$777K |
|
5171
PUT
MDU Resources
MDU
$4.16B
| $847K | ﹤0.01% |
92,835
+29,981
| +48% | +$244K |
|
5172
CALL
Sabre
SABR
$888M
| $847K | ﹤0.01% |
31,600
-12,800
| -29% | -$360K |
|
|
WWE
5173
DELISTED
World Wrestling Entertainment
WWE
| $847K | ﹤0.01% |
46,000
-85,887
| -65% | -$1.49M |
|
|
JNS
5174
DELISTED
Janus Capital Group Inc
JNS
| $847K | ﹤0.01% |
60,848
-22,744
| -27% | -$333K |
|
|
HEES
5175
DELISTED
H&E Equipment Services
HEES
| $846K | ﹤0.01% |
44,433
+3,668
| +9% | +$69K |
|
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.