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 | |
|---|---|---|---|---|---|---|
626
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $38.5M | 0.02% |
1,842,000
+3,600
| +0.2% | +$64.4K |
|
627
CALL
Abbott
ABT
$202B
| $38.4M | 0.02% |
917,400
-5,400
| -0.6% | -$214K |
|
|
MNDT
628
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $38.3M | 0.02% |
2,130,600
+587,900
| +38% | +$9.58M |
|
629
PUT
3D Systems Corp
DDD
$518M
| $38.3M | 0.02% |
2,473,300
-598,600
| -19% | -$6.17M |
|
|
CERN
630
PUT
DELISTED
Cerner Corp
CERN
| $38.2M | 0.02% |
721,200
+542,500
| +304% | +$29.5M |
|
631
PUT
Vale
VALE
$64B
| $38.1M | 0.02% |
9,049,300
-5,722,000
| -39% | -$17.8M |
|
|
BHI
632
CALL
DELISTED
Baker Hughes
BHI
| $38.1M | 0.02% |
868,300
-930,800
| -52% | -$40.2M |
|
633
PUT
Workday
WDAY
$49.2B
| $38M | 0.02% |
495,000
+146,900
| +42% | +$9.72M |
|
634
PUT
Marathon Petroleum
MPC
$102B
| $37.9M | 0.02% |
1,020,400
-217,700
| -18% | -$8.28M |
|
635
CALL
CF Industries
CF
$19.6B
| $37.9M | 0.02% |
1,208,800
-6,976,900
| -85% | -$228M |
|
636
Williams Companies
WMB
$86.8B
| $37.8M | 0.02% |
2,353,865
-464,376
| -16% | -$7.99M |
|
637
CALL
General Dynamics
GD
$104B
| $37.8M | 0.02% |
287,700
-21,700
| -7% | -$2.88M |
|
638
PUT
Perrigo
PRGO
$1.98B
| $37.8M | 0.02% |
295,400
-197,500
| -40% | -$27M |
|
639
CALL
BHP
BHP
$247B
| $37.6M | 0.02% |
1,627,132
+728,875
| +81% | +$15.4M |
|
640
PUT
ProShares UltraPro QQQ
TQQQ
$34.7B
| $37.6M | 0.02% |
17,611,200
-17,280,000
| -50% | -$32.1M |
|
|
TPH
641
DELISTED
Tri Pointe Homes
TPH
| $37.5M | 0.02% |
3,183,514
-10,468
| -0.3% | -$111K |
|
|
JCP
642
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $37.5M | 0.02% |
3,389,900
-1,746,000
| -34% | -$15.3M |
|
643
PUT
Acadia Pharmaceuticals
ACAD
$5.11B
| $37.4M | 0.02% |
1,338,700
+373,200
| +39% | +$8.14M |
|
644
CALL
General Mills
GIS
$21.9B
| $37.4M | 0.02% |
590,400
-337,100
| -36% | -$19.6M |
|
645
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.71B
| $37.4M | 0.02% |
1,824,100
+498,300
| +38% | +$8.06M |
|
646
CALL
CNX Resources
CNX
$5.4B
| $37.4M | 0.02% |
3,970,560
-2,573,880
| -39% | -$18.7M |
|
647
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $37.3M | 0.02% |
337,900
-243,000
| -42% | -$26.5M |
|
648
CALL
NextEra Energy
NEE
$175B
| $37.2M | 0.02% |
1,256,400
+478,800
| +62% | +$13.4M |
|
649
CALL
Capital One
COF
$133B
| $37M | 0.02% |
534,100
+202,800
| +61% | +$13.4M |
|
650
PUT
The Mosaic Company
MOS
$7.63B
| $36.9M | 0.02% |
1,368,400
+106,400
| +8% | +$2.78M |
|
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.