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 | |
|---|---|---|---|---|---|---|
|
SALE
6526
CALL
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $388K | ﹤0.01% |
50,300
-12,200
| -20% | -$93K |
|
6527
Popular Inc
BPOP
$10.8B
| $387K | ﹤0.01% |
13,200
-31,585
| -71% | -$930K |
|
6528
National Presto Industries
NPK
$1.09B
| $387K | ﹤0.01% |
4,101
-3,100
| -43% | -$273K |
|
6529
PUT
W&T Offshore
WTI
$539M
| $387K | ﹤0.01% |
+166,900
| New | +$366K |
|
|
RATE
6530
DELISTED
Bankrate Inc
RATE
| $387K | ﹤0.01% |
51,769
-128,587
| -71% | -$1.11M |
|
6531
CALL
iShares Latin America 40 ETF
ILF
$3.72B
| $386K | ﹤0.01% |
14,700
-20,900
| -59% | -$527K |
|
6532
Gartner
IT
$12.5B
| $386K | ﹤0.01% |
+3,960
| New | +$376K |
|
6533
CALL
Pool Corp
POOL
$6.83B
| $386K | ﹤0.01% |
4,100
-500
| -11% | -$44.9K |
|
|
GLUU
6534
DELISTED
Glu Mobile Inc.
GLUU
| $386K | ﹤0.01% |
175,528
-192,937
| -52% | -$486K |
|
6535
Plains GP Holdings
PAGP
$5.54B
| $385K | ﹤0.01% |
13,850
-34,770
| -72% | -$897K |
|
6536
PUT
RB Global
RBA
$15.9B
| $385K | ﹤0.01% |
11,400
+1,600
| +16% | +$49.6K |
|
6537
CALL
Trustmark
TRMK
$2.69B
| $385K | ﹤0.01% |
+15,500
| New | +$373K |
|
|
PRB
6538
DELISTED
VanEck Vectors Pre-Refunded Municipal Index ETF
PRB
| $385K | ﹤0.01% |
+15,597
| New | +$385K |
|
|
ATAXZ
6539
PUT
DELISTED
AMERICA FIRST TAX EXEMT INV LP
ATAXZ
| $385K | ﹤0.01% |
+70,300
| New | +$385K |
|
|
ELME
6540
Elme Communities
ELME
$149M
| $384K | ﹤0.01% |
12,215
+1,480
| +14% | +$43.6K |
|
|
BKS
6541
DELISTED
Barnes & Noble
BKS
| $384K | ﹤0.01% |
33,876
-119,666
| -78% | -$1.39M |
|
6542
CALL
Angi Inc
ANGI
$204M
| $383K | ﹤0.01% |
5,890
-7,450
| -56% | -$615K |
|
6543
iShares MSCI New Zealand ETF
ENZL
$83.4M
| $383K | ﹤0.01% |
8,898
-31,689
| -78% | -$1.33M |
|
6544
PUT
East-West Bancorp
EWBC
$17.7B
| $383K | ﹤0.01% |
11,200
+1,800
| +19% | +$64.9K |
|
|
FBZ
6545
DELISTED
First Trust Brazil AlphaDEX Fund
FBZ
| $383K | ﹤0.01% |
29,864
-26,748
| -47% | -$304K |
|
6546
iShares US Treasury Bond ETF
GOVT
$44.3B
| $383K | ﹤0.01% |
14,585
+6,091
| +72% | +$157K |
|
6547
iShares MSCI UAE ETF
UAE
$306M
| $383K | ﹤0.01% |
22,972
-33,255
| -59% | -$558K |
|
|
RST
6548
DELISTED
ROSETTA STONE INC
RST
| $383K | ﹤0.01% |
49,459
-26,863
| -35% | -$204K |
|
|
NYRT
6549
DELISTED
New York REIT, Inc.
NYRT
| $383K | ﹤0.01% |
4,138
+1,751
| +73% | +$169K |
|
6550
PUT
ProShares Ultra MSCI Emerging Markets
EET
$38.7M
| $382K | ﹤0.01% |
+7,700
| New | +$366K |
|
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.