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 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
PUT
The Mosaic Company
MOS
$7.77B
| $51.3M | 0.03% |
1,961,300
+592,900
| +43% | +$15.7M |
|
502
CALL
TJX Companies
TJX
$155B
| $51.3M | 0.03% |
1,328,600
+467,000
| +54% | +$17.8M |
|
503
PUT
LyondellBasell Industries
LYB
$21.2B
| $51.2M | 0.03% |
687,600
+184,800
| +37% | +$15.3M |
|
504
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.22B
| $51.1M | 0.03% |
179,800
+108,520
| +152% | +$26.6M |
|
505
CALL
CME Group
CME
$100B
| $50.9M | 0.03% |
522,100
-16,200
| -3% | -$1.53M |
|
506
PUT
Vodafone
VOD
$36.9B
| $50.6M | 0.03% |
1,638,500
+757,400
| +86% | +$24.6M |
|
507
PUT
BioMarin Pharmaceuticals
BMRN
$12.7B
| $50.6M | 0.03% |
650,400
+213,800
| +49% | +$18.2M |
|
508
Starbucks
SBUX
$122B
| $50.6M | 0.03% |
885,402
-90,636
| -9% | -$5.15M |
|
509
PUT
Seagate
STX
$179B
| $50.2M | 0.03% |
2,059,900
+556,800
| +37% | +$13.5M |
|
510
PUT
Whirlpool
WHR
$2.6B
| $50.1M | 0.03% |
300,700
+19,700
| +7% | +$3.48M |
|
511
PUT
Ambarella
AMBA
$3.09B
| $50.1M | 0.03% |
985,200
+53,500
| +6% | +$2.36M |
|
512
PUT
Occidental Petroleum
OXY
$59.8B
| $50M | 0.03% |
661,100
-409,700
| -38% | -$30.6M |
|
513
CALL
McKesson
MCK
$101B
| $49.9M | 0.03% |
267,600
+13,100
| +5% | +$2.3M |
|
|
ESRX
514
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $49.8M | 0.03% |
657,300
-746,900
| -53% | -$54.9M |
|
515
PUT
Sarepta Therapeutics
SRPT
$1.94B
| $49.7M | 0.03% |
2,608,300
+1,297,500
| +99% | +$24M |
|
516
CALL
TripAdvisor
TRIP
$1.21B
| $49.3M | 0.03% |
767,100
+481,800
| +169% | +$31.2M |
|
517
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$321M
| $49.2M | 0.03% |
1,980,500
-87,300
| -4% | -$2.14M |
|
518
Olin
OLN
$2.05B
| $49M | 0.03% |
1,970,686
-3,675,664
| -65% | -$79.3M |
|
519
CALL
iShares Core S&P 500 ETF
IVV
$891B
| $48.8M | 0.03% |
231,700
+61,500
| +36% | +$12.8M |
|
520
Perrigo
PRGO
$1.96B
| $48.8M | 0.03% |
538,033
+439,118
| +444% | +$45.5M |
|
521
CALL
MPLX
MPLX
$59.3B
| $48.4M | 0.03% |
1,439,300
+737,200
| +105% | +$23.4M |
|
522
Skyworks Solutions
SWKS
$9.9B
| $48.1M | 0.03% |
760,857
-290,042
| -28% | -$19.7M |
|
523
CALL
Las Vegas Sands
LVS
$30.5B
| $48.1M | 0.03% |
1,104,900
-1,404,600
| -56% | -$65.6M |
|
524
CALL
Lumen
LUMN
$5.9B
| $48M | 0.03% |
1,654,500
-71,900
| -4% | -$2.09M |
|
525
PUT
State Street SPDR S&P Retail ETF
XRT
$328M
| $47.9M | 0.03% |
1,141,900
+20,600
| +2% | +$885K |
|
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's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.