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 | Miscellaneous | 89.8% |
| 2 | Financials | 1.95% |
| 3 | Technology | 1.63% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Communication Services | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
6326
PUT
Cytokinetics
CYTK
$10B
| $515K | ﹤0.01% |
73,000
+47,500
| +186% | +$347K |
|
6327
CALL
Virtu Financial
VIRT
$5.86B
| $515K | ﹤0.01% |
23,300
+9,700
| +71% | +$215K |
|
|
PMC
6328
PUT
DELISTED
PharMerica Corporation
PMC
| $515K | ﹤0.01% |
+23,300
| New | +$620K |
|
|
CCP
6329
PUT
DELISTED
Care Capital Properties, Inc.
CCP
| $515K | ﹤0.01% |
19,200
-6,300
| -25% | -$175K |
|
6330
Keurig Dr Pepper
KDP
$43.8B
| $514K | ﹤0.01% |
5,750
-40,124
| -87% | -$3.66M |
|
|
COR
6331
DELISTED
Coresite Realty Corporation
COR
| $514K | ﹤0.01% |
7,340
-2,177
| -23% | -$137K |
|
|
TECD
6332
CALL
DELISTED
Tech Data Corp
TECD
| $514K | ﹤0.01% |
6,700
-4,900
| -42% | -$336K |
|
|
MIDZ
6333
CALL
DELISTED
Direxion Daily Mid Cap Bear 3X Shares
MIDZ
| $514K | ﹤0.01% |
2,700
+380
| +16% | +$95.1K |
|
6334
Invesco Water Resources ETF
PHO
$2.05B
| $513K | ﹤0.01% |
23,364
-16,232
| -41% | -$332K |
|
|
AVP
6335
DELISTED
Avon Products, Inc.
AVP
| $513K | ﹤0.01% |
106,631
-733,707
| -87% | -$2.62M |
|
|
AFTY
6336
DELISTED
Pacer CSOP FTSE China A50 ETF
AFTY
| $512K | ﹤0.01% |
39,444
-230,147
| -85% | -$2.82M |
|
|
RST
6337
DELISTED
ROSETTA STONE INC
RST
| $512K | ﹤0.01% |
76,322
+38,504
| +102% | +$271K |
|
6338
PUT
WIX.com
WIX
$3.67B
| $511K | ﹤0.01% |
25,200
-46,600
| -65% | -$933K |
|
|
DRA
6339
DELISTED
Diversified Real Asset Income Fd
DRA
| $511K | ﹤0.01% |
32,371
-133,172
| -80% | -$1.96M |
|
|
TPS
6340
DELISTED
ProShares UltraShort Tips
TPS
| $511K | ﹤0.01% |
19,792
-500
| -2% | -$13.6K |
|
6341
PUT
Copart
CPRT
$30.5B
| $510K | ﹤0.01% |
100,000
+19,200
| +24% | +$88.7K |
|
|
TIVO
6342
PUT
DELISTED
TIVO INC
TIVO
| $510K | ﹤0.01% |
53,600
+33,600
| +168% | +$270K |
|
6343
CALL
CMS Energy
CMS
$21.4B
| $509K | ﹤0.01% |
12,000
+3,400
| +40% | +$133K |
|
6344
First Trust Managed Futures Strategy Fund
FMF
$262M
| $509K | ﹤0.01% |
10,813
-12,249
| -53% | -$597K |
|
|
CVA
6345
DELISTED
Covanta Holding Corporation
CVA
| $509K | ﹤0.01% |
30,211
+1,516
| +5% | +$22.4K |
|
|
CTRL
6346
PUT
DELISTED
Control4 Corporation
CTRL
| $509K | ﹤0.01% |
63,900
+4,900
| +8% | +$36.4K |
|
6347
PUT
Axalta
AXTA
$7.92B
| $508K | ﹤0.01% |
+17,400
| New | +$442K |
|
6348
Cass Information Systems
CASS
$725M
| $508K | ﹤0.01% |
12,804
-10,406
| -45% | -$398K |
|
|
NWBO
6349
DELISTED
Northwest Biotherapeutics, Inc. Common stock
NWBO
| $508K | ﹤0.01% |
348,272
+121,286
| +53% | +$239K |
|
6350
TechnipFMC
FTI
$29.7B
| $507K | ﹤0.01% |
24,918
-154,032
| -86% | -$2.91M |
|
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 $9.01B 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 Miscellaneous at 90% of assets, up from 87% a quarter earlier, followed by Financials and Technology.
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.