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 | |
|---|---|---|---|---|---|---|
6301
iShares Asia/Pacific Dividend ETF
DVYA
$72.7M
| $446K | ﹤0.01% |
10,431
+4,725
| +83% | +$198K |
|
6302
Westlake Corp
WLK
$9.68B
| $446K | ﹤0.01% |
10,400
-47,563
| -82% | -$2.17M |
|
|
CAMP
6303
DELISTED
CalAmp Corp.
CAMP
| $446K | ﹤0.01% |
+1,310
| New | +$460K |
|
|
QTS
6304
DELISTED
QTS REALTY TRUST, INC.
QTS
| $446K | ﹤0.01% |
7,963
-34,292
| -81% | -$1.77M |
|
|
MXWL
6305
CALL
DELISTED
Maxwell Technologies Inc
MXWL
| $446K | ﹤0.01% |
84,500
+63,000
| +293% | +$363K |
|
|
WPG
6306
PUT
DELISTED
Washington Prime Group Inc.
WPG
| $446K | ﹤0.01% |
4,433
+822
| +23% | +$77K |
|
|
XLPS
6307
DELISTED
POWERSHARES S&P SMALLCAP CONSUMER STAPLES PORT
XLPS
| $446K | ﹤0.01% |
6,770
-20,678
| -75% | -$1.36M |
|
6308
BCE
BCE
$21.9B
| $445K | ﹤0.01% |
9,400
-31,829
| -77% | -$1.47M |
|
6309
PUT
iShares US Oil Equipment & Services ETF
IEZ
$386M
| $444K | ﹤0.01% |
11,500
+1,700
| +17% | +$63.8K |
|
6310
CALL
iShares Global 100 ETF
IOO
$9.36B
| $444K | ﹤0.01% |
12,400
+4,400
| +55% | +$159K |
|
|
KRA
6311
CALL
DELISTED
Kraton Corporation
KRA
| $444K | ﹤0.01% |
15,900
+4,400
| +38% | +$108K |
|
|
TLP
6312
PUT
DELISTED
Transmontaigne
TLP
| $444K | ﹤0.01% |
10,800
-6,500
| -38% | -$257K |
|
6313
CALL
Alamos Gold
AGI
$15.4B
| $443K | ﹤0.01% |
51,500
-106,100
| -67% | -$726K |
|
6314
CALL
Coherent
COHR
$54.7B
| $443K | ﹤0.01% |
23,600
+3,200
| +16% | +$65.4K |
|
6315
ProShares UltraPro Short Dow 30
SDOW
$159M
| $443K | ﹤0.01% |
+118
| New | +$465K |
|
|
NYRT
6316
CALL
DELISTED
New York REIT, Inc.
NYRT
| $443K | ﹤0.01% |
4,790
-1,880
| -28% | -$182K |
|
|
AHGP
6317
DELISTED
Alliance Holdings GP
AHGP
| $443K | ﹤0.01% |
21,051
+10,491
| +99% | +$187K |
|
|
FNSR
6318
PUT
DELISTED
Finisar Corp
FNSR
| $443K | ﹤0.01% |
25,300
-40,000
| -61% | -$684K |
|
6319
Caterpillar
CAT
$368B
| $441K | ﹤0.01% |
5,811
-271,059
| -98% | -$20.3M |
|
6320
PUT
CoreCivic
CXW
$3.34B
| $441K | ﹤0.01% |
12,600
-8,200
| -39% | -$269K |
|
6321
PUT
Peapack-Gladstone Financial
PGC
$800M
| $441K | ﹤0.01% |
+23,800
| New | +$438K |
|
|
VIA
6322
CALL
DELISTED
Viacom Inc. Class A
VIA
| $441K | ﹤0.01% |
9,500
-13,700
| -59% | -$617K |
|
|
REV
6323
PUT
DELISTED
Revlon, Inc.
REV
| $441K | ﹤0.01% |
+13,700
| New | +$464K |
|
6324
PUT
Lipocine
LPCN
$17.9M
| $440K | ﹤0.01% |
8,518
+7,689
| +928% | +$1.19M |
|
6325
PUT
Invesco Water Resources ETF
PHO
$2.05B
| $440K | ﹤0.01% |
18,600
+4,900
| +36% | +$112K |
|
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.