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 | |
|---|---|---|---|---|---|---|
|
ENBL
6226
CALL
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $467K | ﹤0.01% |
34,600
-8,400
| -20% | -$104K |
|
6227
PUT
Evertec
EVTC
$1.79B
| $466K | ﹤0.01% |
30,000
-26,000
| -46% | -$376K |
|
6228
PUT
MGIC Investment
MTG
$6.36B
| $466K | ﹤0.01% |
78,400
-18,200
| -19% | -$124K |
|
6229
CALL
Vince Holding Corp
VNCE
$97.1M
| $466K | ﹤0.01% |
8,510
+5,030
| +145% | +$293K |
|
6230
PUT
Crane NXT
CXT
$2.89B
| $465K | ﹤0.01% |
23,608
+2,879
| +14% | +$56.2K |
|
6231
Knowles
KN
$2.92B
| $465K | ﹤0.01% |
+34,000
| New | +$468K |
|
6232
CALL
Clearwater Paper
CLW
$336M
| $464K | ﹤0.01% |
+7,100
| New | +$415K |
|
6233
CALL
ProShares UltraShort Dow 30
DXD
$43.9M
| $464K | ﹤0.01% |
1,295
-260
| -17% | -$96.3K |
|
6234
CALL
Idacorp
IDA
$7.85B
| $464K | ﹤0.01% |
5,700
+1,800
| +46% | +$133K |
|
6235
CALL
Imperial Oil
IMO
$63.1B
| $464K | ﹤0.01% |
14,700
-3,500
| -19% | -$111K |
|
|
SF
6236
Stifel
SF
$12.3B
| $464K | ﹤0.01% |
+33,228
| New | +$494K |
|
6237
PUT
Team
TISI
$113M
| $464K | ﹤0.01% |
1,870
+730
| +64% | +$205K |
|
|
RUTH
6238
CALL
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $464K | ﹤0.01% |
29,100
-1,900
| -6% | -$32.3K |
|
|
WSTC
6239
PUT
DELISTED
West Corporation
WSTC
| $464K | ﹤0.01% |
23,600
+7,700
| +48% | +$165K |
|
6240
CALL
Arcturus Therapeutics
ARCT
$432M
| $463K | ﹤0.01% |
14,729
+6,929
| +89% | +$218K |
|
6241
Insperity
NSP
$2.04B
| $463K | ﹤0.01% |
+12,000
| New | +$388K |
|
6242
PUT
Insulet
PODD
$10.1B
| $463K | ﹤0.01% |
15,300
+800
| +6% | +$24.9K |
|
6243
CALL
Schwab US Large- Cap ETF
SCHX
$74.3B
| $463K | ﹤0.01% |
55,800
+17,400
| +45% | +$143K |
|
|
TTSH
6244
PUT
DELISTED
Tile Shop Holdings
TTSH
| $463K | ﹤0.01% |
23,300
+5,300
| +29% | +$93.8K |
|
|
CROP
6245
DELISTED
IQ Global Agribusiness Small Cap ETF
CROP
| $463K | ﹤0.01% |
15,309
+117
| +0.8% | +$3.5K |
|
|
ENH
6246
CALL
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $463K | ﹤0.01% |
6,900
-15,800
| -70% | -$1.04M |
|
6247
iShares JPMorgan EM High Yield Bond ETF
EMHY
$643M
| $462K | ﹤0.01% |
+9,366
| New | +$448K |
|
6248
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$1.05B
| $462K | ﹤0.01% |
+34,875
| New | +$376K |
|
6249
PUT
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $461K | ﹤0.01% |
7,200
+2,800
| +64% | +$176K |
|
6250
PTC
PTC
$17.1B
| $461K | ﹤0.01% |
+12,258
| New | +$439K |
|
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.