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 | |
|---|---|---|---|---|---|---|
5376
CALL
Genesco
GCO
$370M
| $759K | ﹤0.01% |
11,800
-400
| -3% | -$26.4K |
|
|
LHO
5377
CALL
DELISTED
LaSalle Hotel Properties
LHO
| $759K | ﹤0.01% |
+32,200
| New | +$761K |
|
|
EMWP
5378
CALL
DELISTED
Eros Media World PLC
EMWP
| $758K | ﹤0.01% |
2,330
+945
| +68% | +$248K |
|
5379
CALL
StoneX
SNEX
$8.28B
| $756K | ﹤0.01% |
140,231
+102,262
| +269% | +$544K |
|
5380
CALL
Crown Holdings
CCK
$12.9B
| $755K | ﹤0.01% |
14,900
-19,400
| -57% | -$1.01M |
|
5381
CALL
Generac Holdings
GNRC
$10.8B
| $755K | ﹤0.01% |
21,600
-48,500
| -69% | -$1.79M |
|
|
DBD
5382
PUT
DELISTED
Diebold Nixdorf Incorporated
DBD
| $755K | ﹤0.01% |
30,400
+8,600
| +39% | +$221K |
|
|
NXH
5383
CALL
Neighborhood Intelligence Inc
NXH
$375M
| $754K | ﹤0.01% |
+62,291
| New | +$743K |
|
|
MIK
5384
PUT
DELISTED
Michaels Stores, Inc
MIK
| $754K | ﹤0.01% |
+26,500
| New | +$748K |
|
5385
CALL
Avnet
AVT
$7.27B
| $753K | ﹤0.01% |
18,600
-54,300
| -74% | -$2.27M |
|
5386
PUT
Lindsay Corp
LNN
$1.16B
| $753K | ﹤0.01% |
11,100
-12,600
| -53% | -$896K |
|
5387
PUT
Philips
PHG
$26.1B
| $753K | ﹤0.01% |
40,787
+26,536
| +186% | +$513K |
|
|
BWP
5388
PUT
DELISTED
Boardwalk Pipeline Partners
BWP
| $752K | ﹤0.01% |
43,100
-20,000
| -32% | -$330K |
|
5389
Amkor Technology
AMKR
$11.9B
| $751K | ﹤0.01% |
130,589
+26,828
| +26% | +$157K |
|
5390
Ethan Allen Interiors
ETD
$597M
| $751K | ﹤0.01% |
22,722
-4,124
| -15% | -$133K |
|
5391
CALL
Mine Safety
MSA
$7.34B
| $751K | ﹤0.01% |
14,300
-5,600
| -28% | -$277K |
|
|
LDRI
5392
DELISTED
Invesco LadderRite 0-5 Year Corporate Bond ETF
LDRI
| $751K | ﹤0.01% |
+29,797
| New | +$751K |
|
|
RYZ
5393
CALL
Ryerson Holding Corp
RYZ
$1.31B
| $749K | ﹤0.01% |
+42,800
| New | +$481K |
|
5394
Fidelity MSCI Utilities Index ETF
FUTY
$2.24B
| $748K | ﹤0.01% |
22,080
+13,923
| +171% | +$442K |
|
|
LOGM
5395
PUT
DELISTED
LogMein, Inc.
LOGM
| $748K | ﹤0.01% |
11,800
-16,000
| -58% | -$924K |
|
|
LABL
5396
CALL
DELISTED
Multi-Color Corp
LABL
| $748K | ﹤0.01% |
11,800
+7,200
| +157% | +$426K |
|
5397
Alerian Energy Infrastructure ETF
ENFR
$534M
| $747K | ﹤0.01% |
34,956
-10,145
| -22% | -$203K |
|
5398
PUT
Liberty Latin America Class C
LILAK
$1.66B
| $747K | ﹤0.01% |
+26,635
| New | +$884K |
|
5399
CALL
Ares Capital
ARCC
$14.3B
| $746K | ﹤0.01% |
52,500
+18,700
| +55% | +$278K |
|
5400
PUT
Energy Recovery
ERII
$397M
| $746K | ﹤0.01% |
83,900
+40,700
| +94% | +$434K |
|
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.