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 | |
|---|---|---|---|---|---|---|
6351
PUT
iShares Global 100 ETF
IOO
$9.36B
| $507K | ﹤0.01% |
14,000
+200
| +1% | +$6.88K |
|
6352
Kraft Heinz
KHC
$30.5B
| $507K | ﹤0.01% |
6,453
-26,116
| -80% | -$1.95M |
|
6353
PUT
Seres Therapeutics
MCRB
$51.3M
| $507K | ﹤0.01% |
955
-265
| -22% | -$138K |
|
|
INSY
6354
DELISTED
Insys Therapeutics, Inc.
INSY
| $507K | ﹤0.01% |
+31,697
| New | +$602K |
|
|
FEIC
6355
CALL
DELISTED
FEI COMPANY
FEIC
| $507K | ﹤0.01% |
5,700
-28,400
| -83% | -$2.2M |
|
6356
Hovnanian Enterprises
HOV
$760M
| $506K | ﹤0.01% |
12,965
-13,342
| -51% | -$505K |
|
|
NTT
6357
CALL
DELISTED
Nippon Telegraph & Telephone
NTT
| $506K | ﹤0.01% |
+11,700
| New | +$494K |
|
6358
CALL
Regal Rexnord
RRX
$10.5B
| $505K | ﹤0.01% |
8,000
-7,100
| -47% | -$398K |
|
|
OSG
6359
CALL
Octave Specialty Group
OSG
$209M
| $504K | ﹤0.01% |
31,900
-24,400
| -43% | -$353K |
|
6360
PUT
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.8B
| $504K | ﹤0.01% |
12,400
-56,400
| -82% | -$2.15M |
|
|
KW
6361
PUT
DELISTED
Kennedy-Wilson Holdings
KW
| $504K | ﹤0.01% |
+23,000
| New | +$455K |
|
6362
TFS Financial
TFSL
$4.92B
| $504K | ﹤0.01% |
28,993
-23,782
| -45% | -$406K |
|
|
MAGN
6363
PUT
Magnera Corp
MAGN
$441M
| $504K | ﹤0.01% |
+1,869
| New | +$424K |
|
|
ARRY
6364
PUT
DELISTED
Array Biopharma Inc
ARRY
| $504K | ﹤0.01% |
170,700
-271,700
| -61% | -$814K |
|
|
BRCD
6365
PUT
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $504K | ﹤0.01% |
47,600
-25,600
| -35% | -$233K |
|
|
MIDZ
6366
DELISTED
Direxion Daily Mid Cap Bear 3X Shares
MIDZ
| $503K | ﹤0.01% |
2,645
+1,387
| +110% | +$347K |
|
6367
CALL
Ares Capital
ARCC
$14.3B
| $502K | ﹤0.01% |
33,800
-180,600
| -84% | -$2.49M |
|
6368
PUT
Ironwood Pharmaceuticals
IRWD
$682M
| $502K | ﹤0.01% |
54,805
-39,163
| -42% | -$323K |
|
6369
PUT
Power Integrations
POWI
$2.88B
| $502K | ﹤0.01% |
20,200
-3,000
| -13% | -$69K |
|
6370
PUT
Veracyte
VCYT
$3.48B
| $502K | ﹤0.01% |
+92,900
| New | +$549K |
|
|
DRE
6371
DELISTED
Duke Realty Corp.
DRE
| $502K | ﹤0.01% |
22,271
-75,897
| -77% | -$1.56M |
|
|
CCP
6372
CALL
DELISTED
Care Capital Properties, Inc.
CCP
| $502K | ﹤0.01% |
18,700
+1,100
| +6% | +$30.5K |
|
6373
PUT
Avnet
AVT
$7.27B
| $501K | ﹤0.01% |
11,300
+5,100
| +82% | +$209K |
|
6374
CALL
Community Bank
CBU
$3.32B
| $501K | ﹤0.01% |
+13,100
| New | +$489K |
|
6375
PUT
Natera
NTRA
$47B
| $501K | ﹤0.01% |
52,600
-2,300
| -4% | -$19.5K |
|
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.