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 | |
|---|---|---|---|---|---|---|
651
CALL
Post Holdings
POST
$3.73B
| $36.9M | 0.02% |
820,078
+205,975
| +34% | +$8.69M |
|
652
CALL
Cencora
COR
$61.8B
| $36.9M | 0.02% |
426,400
+269,600
| +172% | +$24M |
|
|
HES
653
CALL
DELISTED
Hess
HES
| $36.8M | 0.02% |
699,800
+6,400
| +0.9% | +$283K |
|
654
PUT
Corning
GLW
$125B
| $36.8M | 0.02% |
1,761,200
-1,489,000
| -46% | -$27.6M |
|
655
CALL
Welltower
WELL
$173B
| $36.6M | 0.02% |
527,700
+36,800
| +7% | +$2.37M |
|
656
CALL
Southern Company
SO
$104B
| $36.3M | 0.02% |
701,100
+43,200
| +7% | +$2.1M |
|
|
VIAB
657
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $36.2M | 0.02% |
877,100
-263,500
| -23% | -$10.5M |
|
658
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $36M | 0.02% |
440,926
+431,387
| +4,522% | +$34.2M |
|
659
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $36M | 0.02% |
436,600
+22,700
| +5% | +$1.85M |
|
|
RAI
660
PUT
DELISTED
Reynolds American Inc
RAI
| $36M | 0.02% |
715,300
-467,500
| -40% | -$23M |
|
661
CALL
Devon Energy
DVN
$53.1B
| $35.9M | 0.02% |
1,309,200
+380,300
| +41% | +$9.26M |
|
|
POT
662
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $35.8M | 0.02% |
2,105,300
-1,325,900
| -39% | -$22.3M |
|
|
663
Devon Energy
DVN
$53.1B
| $35.6M | 0.02% |
1,297,877
+387,495
| +43% | +$9.43M |
|
664
Eli Lilly
LLY
$1.11T
| $35.5M | 0.02% |
493,430
+97,903
| +25% | +$7.41M |
|
665
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $35.5M | 0.02% |
1,367,340
-1,042,540
| -43% | -$26.4M |
|
666
CALL
Duke Energy
DUK
$95.1B
| $35.5M | 0.02% |
439,600
+71,900
| +20% | +$5.44M |
|
667
CALL
iShares Core S&P 500 ETF
IVV
$891B
| $35.3M | 0.02% |
170,200
+113,600
| +201% | +$22.3M |
|
668
PUT
HP
HPQ
$26.1B
| $35.2M | 0.02% |
2,858,300
-2,000,200
| -41% | -$21.4M |
|
669
PUT
Monster Beverage
MNST
$95.8B
| $35.2M | 0.02% |
3,164,400
-3,067,200
| -49% | -$34.2M |
|
|
JWN
670
CALL
DELISTED
Nordstrom
JWN
| $35.1M | 0.02% |
613,300
+396,900
| +183% | +$20.5M |
|
671
CALL
Diageo
DEO
$53.4B
| $35M | 0.02% |
324,500
+97,600
| +43% | +$10.3M |
|
|
QIHU
672
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $34.9M | 0.02% |
461,800
-918,300
| -67% | -$66.4M |
|
673
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $34.8M | 0.02% |
1,785,100
+97,300
| +6% | +$1.77M |
|
|
SIVB
674
PUT
DELISTED
SVB Financial Group
SIVB
| $34.8M | 0.02% |
340,800
+172,400
| +102% | +$16.7M |
|
675
PUT
HSBC
HSBC
$357B
| $34.7M | 0.02% |
1,252,231
-109,095
| -8% | -$3.23M |
|
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.