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 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
CALL
Williams Companies
WMB
$87.1B
| $37.3M | 0.02% |
1,726,700
+522,200
| +43% | +$10.5M |
|
627
PUT
Vanguard Real Estate ETF
VNQ
$39.2B
| $37.3M | 0.02% |
420,600
+176,600
| +72% | +$14.8M |
|
|
AGU
628
CALL
DELISTED
Agrium
AGU
| $37.3M | 0.02% |
412,200
+157,100
| +62% | +$14M |
|
|
CBI
629
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $37.3M | 0.02% |
1,075,800
-63,300
| -6% | -$2.34M |
|
630
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$246M
| $37.2M | 0.02% |
2,586
+588
| +29% | +$9.34M |
|
631
PUT
Zebra Technologies
ZBRA
$17.1B
| $37.2M | 0.02% |
741,600
+649,300
| +703% | +$37.7M |
|
|
CLR
632
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $37.1M | 0.02% |
818,800
-1,080,900
| -57% | -$42.5M |
|
633
CALL
Royal Caribbean
RCL
$77.7B
| $37M | 0.02% |
551,100
+332,500
| +152% | +$25.5M |
|
634
PUT
Tyson Foods
TSN
$20.5B
| $37M | 0.02% |
553,500
-115,900
| -17% | -$7.52M |
|
635
CALL
Baxter International
BAX
$13.5B
| $36.8M | 0.02% |
813,300
+10,600
| +1% | +$465K |
|
636
CALL
Corning
GLW
$125B
| $36.7M | 0.02% |
1,792,000
+770,600
| +75% | +$15.4M |
|
637
Lockheed Martin
LMT
$130B
| $36.5M | 0.02% |
147,268
+138,358
| +1,553% | +$32.6M |
|
638
PUT
United Rentals
URI
$67.4B
| $36.4M | 0.02% |
543,000
-198,400
| -27% | -$13M |
|
639
PUT
Lowe's Companies
LOW
$121B
| $36.4M | 0.02% |
459,600
+56,000
| +14% | +$4.33M |
|
|
640
PUT
Williams Companies
WMB
$87.1B
| $36.4M | 0.02% |
1,681,600
-1,134,400
| -40% | -$22.8M |
|
641
CALL
Ecolab
ECL
$80B
| $36.3M | 0.02% |
306,200
+85,500
| +39% | +$9.97M |
|
642
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $36.3M | 0.02% |
777,600
+429,700
| +124% | +$20.9M |
|
643
CALL
iShares MSCI Mexico ETF
EWW
$1.79B
| $36.2M | 0.02% |
718,700
+141,000
| +24% | +$7.18M |
|
644
PUT
Advance Auto Parts
AAP
$2.59B
| $36.1M | 0.02% |
223,500
+22,200
| +11% | +$3.43M |
|
645
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$399M
| $36.1M | 0.02% |
236,392
+125,320
| +113% | +$18.2M |
|
|
646
CALL
Advance Auto Parts
AAP
$2.59B
| $36M | 0.02% |
223,000
-142,800
| -39% | -$22M |
|
|
MNK
647
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $36M | 0.02% |
592,500
+27,300
| +5% | +$1.67M |
|
648
Yum! Brands
YUM
$42.9B
| $35.9M | 0.02% |
603,017
-1,240,713
| -67% | -$73.1M |
|
|
649
CALL
Vanguard Real Estate ETF
VNQ
$39.2B
| $35.9M | 0.02% |
404,800
+147,300
| +57% | +$12.4M |
|
650
CALL
MGM Resorts International
MGM
$11B
| $35.6M | 0.02% |
1,572,300
-356,400
| -18% | -$8.1M |
|
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's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.