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 | |
|---|---|---|---|---|---|---|
|
PWE
6101
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $503K | ﹤0.01% |
361,584
-61,690
| -15% | -$61.4K |
|
|
BLOX
6102
CALL
DELISTED
Infoblox Inc
BLOX
| $503K | ﹤0.01% |
26,800
-2,400
| -8% | -$41.6K |
|
6103
CALL
Avista
AVA
$3.15B
| $502K | ﹤0.01% |
11,200
+5,300
| +90% | +$217K |
|
6104
CALL
Griffon
GFF
$4.48B
| $502K | ﹤0.01% |
29,800
+5,900
| +25% | +$95.6K |
|
6105
CALL
Team
TISI
$113M
| $502K | ﹤0.01% |
+2,020
| New | +$567K |
|
6106
CALL
WPP
WPP
$5.57B
| $502K | ﹤0.01% |
4,800
-14,300
| -75% | -$1.64M |
|
|
BLCM
6107
PUT
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $502K | ﹤0.01% |
3,870
-3,450
| -47% | -$384K |
|
|
CADE
6108
PUT
DELISTED
Cadence Bank
CADE
| $501K | ﹤0.01% |
22,100
+9,100
| +70% | +$205K |
|
6109
PUT
Equifax
EFX
$22.8B
| $501K | ﹤0.01% |
3,900
-8,300
| -68% | -$1.01M |
|
|
BCPC
6110
CALL
Balchem Corp
BCPC
$5.69B
| $501K | ﹤0.01% |
8,400
-4,100
| -33% | -$251K |
|
|
VSTO
6111
PUT
DELISTED
Vista Outdoor Inc.
VSTO
| $501K | ﹤0.01% |
+10,500
| New | +$508K |
|
6112
PUT
Energy Focus
EFOI
$18.4M
| $500K | ﹤0.01% |
2,291
+517
| +29% | +$122K |
|
6113
PUT
Global Partners
GLP
$1.71B
| $500K | ﹤0.01% |
36,500
+21,900
| +150% | +$291K |
|
6114
abrdn Physical Silver Shares ETF
SIVR
$4.49B
| $500K | ﹤0.01% |
+27,154
| New | +$448K |
|
6115
Teekay
TK
$1.14B
| $500K | ﹤0.01% |
70,150
-199,078
| -74% | -$1.87M |
|
6116
Invesco DB US Dollar Index Bearish Fund
UDN
$101M
| $500K | ﹤0.01% |
+22,772
| New | +$509K |
|
|
SDLP
6117
PUT
DELISTED
SEADRILL PARTNERS LLC
SDLP
| $500K | ﹤0.01% |
9,310
+5,890
| +172% | +$292K |
|
|
XCO
6118
CALL
DELISTED
Exco Resources
XCO
| $500K | ﹤0.01% |
25,660
+19,693
| +330% | +$342K |
|
|
DCOM
6119
DELISTED
Dime Community Bancshares
DCOM
| $500K | ﹤0.01% |
29,417
-8,000
| -21% | -$141K |
|
6120
PUT
Costamare
CMRE
$1.86B
| $499K | ﹤0.01% |
65,100
+47,000
| +260% | +$444K |
|
6121
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$716M
| $499K | ﹤0.01% |
21,968
-30,278
| -58% | -$699K |
|
6122
PUT
Scorpio Tankers
STNG
$3.91B
| $499K | ﹤0.01% |
11,880
+1,960
| +20% | +$110K |
|
6123
Federal Signal
FSS
$7.21B
| $498K | ﹤0.01% |
38,700
-25,980
| -40% | -$341K |
|
|
MODV
6124
PUT
DELISTED
ModivCare
MODV
| $498K | ﹤0.01% |
+11,100
| New | +$540K |
|
6125
CALL
Xencor
XNCR
$1.94B
| $498K | ﹤0.01% |
26,200
+11,000
| +72% | +$151K |
|
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.