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 | |
|---|---|---|---|---|---|---|
526
Micron Technology
MU
$1.09T
| $49.1M | 0.03% |
4,689,363
-5,710,990
| -55% | -$63.8M |
|
|
AET
527
DELISTED
Aetna Inc
AET
| $48.9M | 0.03% |
435,648
+269,414
| +162% | +$28.8M |
|
|
RSX
528
PUT
DELISTED
VanEck Russia ETF
RSX
| $48.8M | 0.03% |
2,980,200
-2,449,600
| -45% | -$35.5M |
|
529
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $48.7M | 0.03% |
401,211
-43,052
| -10% | -$4.66M |
|
|
BWLD
530
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $48.4M | 0.03% |
326,700
-11,100
| -3% | -$1.7M |
|
|
EMC
531
DELISTED
EMC CORPORATION
EMC
| $48.4M | 0.03% |
1,815,699
-220,716
| -11% | -$5.59M |
|
532
CALL
Petrobras
PBR
$123B
| $48.3M | 0.03% |
8,269,900
+1,853,300
| +29% | +$7.48M |
|
533
PUT
Capital One
COF
$134B
| $47.9M | 0.03% |
690,800
+212,300
| +44% | +$14M |
|
534
CALL
Whirlpool
WHR
$2.63B
| $47.9M | 0.03% |
265,400
-500
| -0.2% | -$74.5K |
|
535
CALL
Eaton
ETN
$163B
| $47.8M | 0.03% |
763,500
+376,900
| +97% | +$20.8M |
|
|
ETP
536
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $47.6M | 0.03% |
1,472,800
-867,100
| -37% | -$24.2M |
|
|
MON
537
DELISTED
Monsanto Co
MON
| $47.6M | 0.03% |
542,735
+129,650
| +31% | +$11.7M |
|
538
CALL
Norfolk Southern
NSC
$78.8B
| $47.6M | 0.03% |
571,600
-579,900
| -50% | -$43.8M |
|
539
PUT
Elevance Health
ELV
$86.9B
| $47.5M | 0.03% |
341,800
+65,700
| +24% | +$8.78M |
|
540
CALL
Mattel
MAT
$4.15B
| $47.4M | 0.03% |
1,410,100
+559,200
| +66% | +$17M |
|
541
PUT
CF Industries
CF
$19.6B
| $47.4M | 0.03% |
1,512,100
-113,300
| -7% | -$3.7M |
|
542
CALL
Illumina
ILMN
$33.1B
| $46.6M | 0.02% |
295,344
-508,244
| -63% | -$77.7M |
|
|
543
CALL
Elevance Health
ELV
$86.9B
| $46.5M | 0.02% |
334,300
+47,200
| +16% | +$6.31M |
|
544
PUT
CVS Health
CVS
$119B
| $46.3M | 0.02% |
446,100
-740,600
| -62% | -$72M |
|
|
GG
545
PUT
DELISTED
Goldcorp Inc
GG
| $46.2M | 0.02% |
2,847,500
-653,400
| -19% | -$9.08M |
|
546
NVIDIA
NVDA
$5.2T
| $46.2M | 0.02% |
51,867,120
+9,652,520
| +23% | +$7.36M |
|
547
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $46.2M | 0.02% |
832,800
+4,200
| +0.5% | +$217K |
|
548
PUT
eBay
EBAY
$46.3B
| $46.2M | 0.02% |
1,935,900
+39,400
| +2% | +$958K |
|
549
PUT
United Rentals
URI
$68.4B
| $46.1M | 0.02% |
741,400
-101,600
| -12% | -$5.65M |
|
550
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $45.7M | 0.02% |
1,320,600
+601,200
| +84% | +$18.9M |
|
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.