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 | |
|---|---|---|---|---|---|---|
601
CALL
Southwest Airlines
LUV
$19.9B
| $40.7M | 0.02% |
907,700
-891,500
| -50% | -$36.3M |
|
|
ATHN
602
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $40.7M | 0.02% |
293,000
-121,300
| -29% | -$16.6M |
|
|
EMC
603
CALL
DELISTED
EMC CORPORATION
EMC
| $40.3M | 0.02% |
1,513,400
+225,300
| +17% | +$5.71M |
|
604
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $40.3M | 0.02% |
759,100
+522,600
| +221% | +$26.5M |
|
|
SINA
605
PUT
DELISTED
Sina Corp
SINA
| $40.2M | 0.02% |
847,700
-837,400
| -50% | -$37.7M |
|
|
IOC
606
CALL
DELISTED
Interoil Corporation
IOC
| $40.1M | 0.02% |
1,260,300
-281,000
| -18% | -$7.91M |
|
607
CALL
McKesson
MCK
$101B
| $40M | 0.02% |
254,500
+124,100
| +95% | +$20.1M |
|
|
CELG
608
DELISTED
Celgene Corp
CELG
| $39.9M | 0.02% |
398,973
-1,023,380
| -72% | -$105M |
|
609
PUT
Kraft Heinz
KHC
$30.5B
| $39.8M | 0.02% |
506,200
+90,000
| +22% | +$6.73M |
|
610
VanEck Junior Gold Miners ETF
GDXJ
$9.78B
| $39.7M | 0.02% |
1,426,851
+801,806
| +128% | +$18.7M |
|
611
CALL
Seagate
STX
$183B
| $39.6M | 0.02% |
1,150,200
+76,300
| +7% | +$2.46M |
|
612
PUT
GoPro
GPRO
$112M
| $39.5M | 0.02% |
3,305,900
-1,464,200
| -31% | -$18.2M |
|
613
CALL
Truist Financial
TFC
$62B
| $39.5M | 0.02% |
1,186,900
-45,300
| -4% | -$1.5M |
|
614
PUT
Enterprise Products Partners
EPD
$82.9B
| $39.4M | 0.02% |
1,600,900
+493,600
| +45% | +$11.5M |
|
615
PUT
iShares MSCI South Korea ETF
EWY
$27.2B
| $39.4M | 0.02% |
739,600
+149,800
| +25% | +$7.24M |
|
616
CALL
VanEck Oil Services ETF
OIH
$1.94B
| $39.4M | 0.02% |
73,950
+925
| +1% | +$453K |
|
617
CALL
Rockwell Automation
ROK
$47.6B
| $39.2M | 0.02% |
345,000
+232,700
| +207% | +$23.6M |
|
618
PUT
TripAdvisor
TRIP
$1.2B
| $39.2M | 0.02% |
590,100
-400
| -0.1% | -$26.5K |
|
619
American Tower
AMT
$83B
| $39.2M | 0.02% |
383,142
+171,918
| +81% | +$16.1M |
|
620
Nike
NKE
$60.8B
| $39.1M | 0.02% |
636,224
-310,615
| -33% | -$18.8M |
|
621
PUT
Cal-Maine
CALM
$4B
| $39M | 0.02% |
751,700
+346,600
| +86% | +$17.3M |
|
622
PUT
Domino's
DPZ
$11.4B
| $39M | 0.02% |
295,800
+228,900
| +342% | +$27.3M |
|
623
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.43B
| $38.8M | 0.02% |
1,567,100
-197,800
| -11% | -$4.35M |
|
624
CALL
Danaher
DHR
$151B
| $38.7M | 0.02% |
607,333
+177,498
| +41% | +$10.6M |
|
|
PNRA
625
CALL
DELISTED
Panera Bread Co
PNRA
| $38.7M | 0.02% |
189,000
-57,000
| -23% | -$11.4M |
|
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.