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 | |
|---|---|---|---|---|---|---|
6626
Vitamin Cottage Natural Grocers
NGVC
$633M
| $366K | ﹤0.01% |
+28,029
| New | +$414K |
|
6627
Transocean
RIG
$6.48B
| $366K | ﹤0.01% |
30,804
-1,280,781
| -98% | -$13.1M |
|
|
HTCH
6628
CALL
DELISTED
HUTCHINSON TECHNOLOGY INC
HTCH
| $366K | ﹤0.01% |
108,000
+50,700
| +88% | +$183K |
|
6629
VictoryShares US 500 Enhanced Volatility Wtd ETF
CFO
$419M
| $365K | ﹤0.01% |
9,817
-4,474
| -31% | -$165K |
|
6630
Monster Beverage
MNST
$91.8B
| $365K | ﹤0.01% |
27,276
+1,284
| +5% | +$15.5K |
|
6631
CALL
Ocular Therapeutix
OCUL
$2.28B
| $365K | ﹤0.01% |
73,800
+9,900
| +15% | +$98.1K |
|
6632
Principal Financial Group
PFG
$23.9B
| $365K | ﹤0.01% |
8,881
+3,274
| +58% | +$138K |
|
|
DRR
6633
DELISTED
Market Vectors Double Short Euro ETN
DRR
| $365K | ﹤0.01% |
6,341
-11,720
| -65% | -$643K |
|
6634
AMC Global Media
AMCX
$522M
| $364K | ﹤0.01% |
6,022
-27,403
| -82% | -$1.74M |
|
6635
Global X SuperDividend US ETF
DIV
$793M
| $364K | ﹤0.01% |
14,275
-23,137
| -62% | -$573K |
|
6636
PUT
Teradyne
TER
$55.5B
| $364K | ﹤0.01% |
18,500
+4,800
| +35% | +$94.7K |
|
|
LEAF
6637
PUT
DELISTED
Leaf Group Ltd.
LEAF
| $364K | ﹤0.01% |
70,400
+46,200
| +191% | +$254K |
|
6638
Motorola Solutions
MSI
$80.4B
| $363K | ﹤0.01% |
5,500
-81,128
| -94% | -$5.77M |
|
6639
Telephone and Data Systems
TDS
$3.87B
| $363K | ﹤0.01% |
12,228
-7,826
| -39% | -$225K |
|
6640
CALL
Brink's
BCO
$4.57B
| $362K | ﹤0.01% |
12,700
-5,800
| -31% | -$178K |
|
6641
CALL
MGE Energy Inc
MGEE
$2.95B
| $362K | ﹤0.01% |
+6,400
| New | +$331K |
|
|
ERF
6642
PUT
DELISTED
Enerplus Corporation
ERF
| $362K | ﹤0.01% |
55,100
-1,600
| -3% | -$8.6K |
|
|
NSH
6643
CALL
DELISTED
NuStar GP Holdings LLC
NSH
| $362K | ﹤0.01% |
+14,100
| New | +$343K |
|
|
ACTX
6644
DELISTED
Global X Guru Activist ETF
ACTX
| $362K | ﹤0.01% |
28,068
+9,876
| +54% | +$129K |
|
|
TMH
6645
PUT
DELISTED
Team Health Holdings Inc
TMH
| $362K | ﹤0.01% |
8,900
-2,900
| -25% | -$126K |
|
|
ALTS
6646
DELISTED
ProShares Morningstar Alternatives Solution ETF
ALTS
| $362K | ﹤0.01% |
+9,433
| New | +$360K |
|
6647
PUT
Daktronics
DAKT
$932M
| $361K | ﹤0.01% |
57,700
+34,500
| +149% | +$260K |
|
|
MRCC
6648
DELISTED
Monroe Capital Corp
MRCC
| $361K | ﹤0.01% |
24,353
-54,280
| -69% | -$762K |
|
6649
Eli Lilly
LLY
$1.05T
| $360K | ﹤0.01% |
4,567
-488,863
| -99% | -$36.8M |
|
6650
Live Nation Entertainment
LYV
$42.3B
| $360K | ﹤0.01% |
+15,306
| New | +$349K |
|
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.