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 | |
|---|---|---|---|---|---|---|
5651
ProShares VIX Mid-Term Futures ETF
VIXM
$154M
| $746K | ﹤0.01% |
14,101
+8,783
| +165% | +$522K |
|
5652
Compass Minerals
CMP
$1.03B
| $745K | ﹤0.01% |
10,510
+3,346
| +47% | +$239K |
|
5653
CALL
Martin Midstream Partners
MMLP
$88M
| $745K | ﹤0.01% |
37,100
-5,200
| -12% | -$90.1K |
|
5654
PUT
Reading International Class A
RDI
$46M
| $745K | ﹤0.01% |
62,200
+21,500
| +53% | +$237K |
|
5655
Scorpio Tankers
STNG
$3.91B
| $743K | ﹤0.01% |
12,738
-61,776
| -83% | -$3.66M |
|
5656
PUT
Commercial Metals
CMC
$7.48B
| $742K | ﹤0.01% |
43,700
+30,900
| +241% | +$453K |
|
5657
PUT
Unifirst Corp
UNF
$5.1B
| $742K | ﹤0.01% |
+6,800
| New | +$711K |
|
|
FLY
5658
DELISTED
Fly Leasing Limited
FLY
| $742K | ﹤0.01% |
58,417
-26,311
| -31% | -$324K |
|
5659
PUT
iShares Russell 1000 ETF
IWB
$49.1B
| $741K | ﹤0.01% |
6,500
+4,000
| +160% | +$432K |
|
5660
PUT
MGIC Investment
MTG
$6.36B
| $741K | ﹤0.01% |
96,600
-58,200
| -38% | -$417K |
|
5661
PUT
ProShares UltraShort MSCI Brazil Capped
BZQ
$2.47M
| $740K | ﹤0.01% |
228
-132
| -37% | -$776K |
|
5662
Core Laboratories
CLB
$567M
| $740K | ﹤0.01% |
6,582
-17,196
| -72% | -$1.79M |
|
|
IMMU
5663
CALL
DELISTED
Immunomedics Inc
IMMU
| $740K | ﹤0.01% |
296,100
-389,400
| -57% | -$876K |
|
5664
CALL
NETGEAR
NTGR
$573M
| $739K | ﹤0.01% |
18,300
-22,700
| -55% | -$873K |
|
|
WR
5665
PUT
DELISTED
Westar Energy Inc
WR
| $739K | ﹤0.01% |
+14,900
| New | +$665K |
|
5666
PUT
CMS Energy
CMS
$21.4B
| $738K | ﹤0.01% |
+17,400
| New | +$681K |
|
5667
PUT
iShares Europe ETF
IEV
$1.69B
| $738K | ﹤0.01% |
18,700
+11,200
| +149% | +$422K |
|
5668
CALL
KNOT Offshore Partners
KNOP
$377M
| $738K | ﹤0.01% |
45,000
-12,500
| -22% | -$180K |
|
5669
CALL
Dave & Buster's
PLAY
$327M
| $737K | ﹤0.01% |
19,000
-5,900
| -24% | -$216K |
|
5670
PUT
Aecom
ACM
$8.9B
| $736K | ﹤0.01% |
23,900
-28,500
| -54% | -$791K |
|
|
BERY
5671
DELISTED
Berry Global Group, Inc.
BERY
| $736K | ﹤0.01% |
22,167
-26,236
| -54% | -$764K |
|
|
TEP
5672
PUT
DELISTED
Tallgrass Energy Partners, LP
TEP
| $736K | ﹤0.01% |
19,200
+13,600
| +243% | +$475K |
|
|
SMK
5673
DELISTED
ProShares UltraShort MSCI Mexico Capped IMI
SMK
| $736K | ﹤0.01% |
31,907
+84
| +0.3% | +$2.64K |
|
5674
CALL
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.65B
| $735K | ﹤0.01% |
+14,300
| New | +$680K |
|
5675
Under Armour
UAA
$2.18B
| $735K | ﹤0.01% |
17,320
-812,862
| -98% | -$32.1M |
|
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.