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 | |
|---|---|---|---|---|---|---|
576
PUT
LyondellBasell Industries
LYB
$21.1B
| $43M | 0.02% |
502,800
+170,000
| +51% | +$13.6M |
|
577
CALL
Air Products & Chemicals
APD
$67.5B
| $43M | 0.02% |
322,570
+48,212
| +18% | +$5.83M |
|
578
PUT
American Tower
AMT
$83.2B
| $42.9M | 0.02% |
419,300
+139,000
| +50% | +$13M |
|
|
VAL
579
CALL
DELISTED
Valspar
VAL
| $42.8M | 0.02% |
400,300
+228,700
| +133% | +$18.9M |
|
580
PUT
Equinix
EQIX
$103B
| $42.4M | 0.02% |
128,300
-251,400
| -66% | -$76.5M |
|
|
581
PUT
Air Products & Chemicals
APD
$67.5B
| $42.4M | 0.02% |
317,922
-19,350
| -6% | -$2.34M |
|
582
Cummins
CMI
$78.9B
| $42.3M | 0.02% |
385,140
+260,519
| +209% | +$25.2M |
|
583
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.73B
| $42.2M | 0.02% |
2,060,400
+1,287,800
| +167% | +$20.8M |
|
|
SE
584
CALL
DELISTED
Spectra Energy Corp Wi
SE
| $42.2M | 0.02% |
1,379,600
+986,700
| +251% | +$27.8M |
|
585
MetLife
MET
$60.9B
| $42.2M | 0.02% |
1,076,497
-326,087
| -23% | -$12.2M |
|
586
CALL
BlackBerry
BB
$4.52B
| $42M | 0.02% |
5,195,600
-3,123,900
| -38% | -$23.4M |
|
587
PUT
Range Resources
RRC
$9.57B
| $41.9M | 0.02% |
1,295,300
+283,500
| +28% | +$7.88M |
|
588
PUT
General Dynamics
GD
$104B
| $41.7M | 0.02% |
317,500
-9,000
| -3% | -$1.19M |
|
|
CBI
589
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $41.7M | 0.02% |
1,139,100
-995,300
| -47% | -$35.6M |
|
590
PUT
Ambarella
AMBA
$3.06B
| $41.6M | 0.02% |
931,700
-737,800
| -44% | -$30.5M |
|
591
CALL
Best Buy
BBY
$18.6B
| $41.6M | 0.02% |
1,281,600
-348,500
| -21% | -$10.6M |
|
592
CALL
ProShares UltraPro QQQ
TQQQ
$35B
| $41.6M | 0.02% |
19,478,400
+4,804,800
| +33% | +$8.92M |
|
|
JNPR
593
CALL
DELISTED
Juniper Networks
JNPR
| $41.5M | 0.02% |
1,628,300
-905,700
| -36% | -$22.7M |
|
|
ANDV
594
CALL
DELISTED
Andeavor
ANDV
| $41.5M | 0.02% |
482,700
-458,400
| -49% | -$39.4M |
|
595
CALL
MGM Resorts International
MGM
$11B
| $41.4M | 0.02% |
1,928,700
-379,600
| -16% | -$7.5M |
|
|
CMA
596
DELISTED
Comerica
CMA
| $41.3M | 0.02% |
1,090,479
-661,407
| -38% | -$23.8M |
|
|
ALXN
597
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $41.2M | 0.02% |
296,000
+39,900
| +16% | +$5.86M |
|
598
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$244M
| $41M | 0.02% |
2,388
-189
| -7% | -$4.2M |
|
599
State Street Utilities Select Sector SPDR ETF
XLU
$22.1B
| $40.8M | 0.02% |
1,643,394
+198,502
| +14% | +$4.58M |
|
600
Expedia Group
EXPE
$40.2B
| $40.7M | 0.02% |
377,404
+232,344
| +160% | +$24.8M |
|
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.