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 | Miscellaneous | 89.8% |
| 2 | Financials | 1.95% |
| 3 | Technology | 1.63% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Communication Services | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DBKO
5451
DELISTED
Xtrackers MSCI South Korea Hedged Equity ETF
DBKO
| $827K | ﹤0.01% |
+35,661
| New | +$793K |
|
|
CALL
5452
DELISTED
magicJack VocalTec Ltd
CALL
| $827K | ﹤0.01% |
126,015
-6,625
| -5% | -$50.9K |
|
5453
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.43B
| $826K | ﹤0.01% |
12,100
-3,600
| -23% | -$236K |
|
|
WBS
5454
PUT
DELISTED
Webster Financial
WBS
| $826K | ﹤0.01% |
23,000
+11,900
| +107% | +$408K |
|
5455
PUT
Ametek
AME
$54.2B
| $825K | ﹤0.01% |
16,500
+1,600
| +11% | +$76.2K |
|
5456
Alerian Energy Infrastructure ETF
ENFR
$534M
| $825K | ﹤0.01% |
45,101
+8,657
| +24% | +$143K |
|
5457
PUT
Green Plains
GPRE
$1.03B
| $825K | ﹤0.01% |
51,700
-16,000
| -24% | -$257K |
|
5458
PUT
LiveRamp
RAMP
$2.29B
| $825K | ﹤0.01% |
+38,500
| New | +$766K |
|
5459
CALL
Vanguard Financials ETF
VFH
$13.9B
| $825K | ﹤0.01% |
+17,800
| New | +$790K |
|
|
DWTR
5460
DELISTED
Invesco DWA Tactical Sector Rotation ETF
DWTR
| $825K | ﹤0.01% |
+34,904
| New | +$792K |
|
5461
PUT
Strategic Education
STRA
$1.88B
| $824K | ﹤0.01% |
16,900
+9,700
| +135% | +$478K |
|
5462
CALL
Trex
TREX
$4.66B
| $824K | ﹤0.01% |
+68,800
| New | +$670K |
|
|
KKD
5463
CALL
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $823K | ﹤0.01% |
52,800
-57,500
| -52% | -$835K |
|
|
NUVA
5464
CALL
DELISTED
NuVasive, Inc.
NUVA
| $822K | ﹤0.01% |
16,900
-16,900
| -50% | -$767K |
|
5465
ATI
ATI
$28.7B
| $820K | ﹤0.01% |
50,299
-4,273
| -8% | -$52K |
|
|
OME
5466
CALL
DELISTED
Omega Protein
OME
| $820K | ﹤0.01% |
48,400
+27,000
| +126% | +$553K |
|
5467
PUT
Nelnet
NNI
$4.56B
| $819K | ﹤0.01% |
+20,800
| New | +$727K |
|
|
ARNA
5468
CALL
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $819K | ﹤0.01% |
41,560
+4,350
| +12% | +$69.7K |
|
|
EMES
5469
PUT
DELISTED
Emerge Energy Services LP
EMES
| $819K | ﹤0.01% |
164,800
-154,800
| -48% | -$630K |
|
|
PRMW
5470
DELISTED
Primo Water Corporation
PRMW
| $819K | ﹤0.01% |
81,177
+21,582
| +36% | +$193K |
|
5471
PUT
Genpact
G
$6.39B
| $818K | ﹤0.01% |
+30,100
| New | +$762K |
|
5472
Insulet
PODD
$10.1B
| $818K | ﹤0.01% |
24,654
+15,301
| +164% | +$480K |
|
5473
CALL
Teekay
TK
$1.14B
| $818K | ﹤0.01% |
94,500
-88,000
| -48% | -$664K |
|
|
JSC
5474
DELISTED
SPDR SER TR SPDR RUSSELL/NOMURA SM CAP JAPAN ETF
JSC
| $818K | ﹤0.01% |
15,408
-2,553
| -14% | -$130K |
|
5475
HCA Healthcare
HCA
$90.5B
| $816K | ﹤0.01% |
10,462
-330,929
| -97% | -$23.1M |
|
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 $9.01B 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 Miscellaneous at 90% of assets, up from 87% a quarter earlier, followed by Financials and Technology.
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.