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 | Miscellaneous | 89.8% |
| 2 | Financials | 1.95% |
| 3 | Technology | 1.63% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Communication Services | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
6826
PUT
TFS Financial
TFSL
$4.92B
| $384K | ﹤0.01% |
22,100
-4,000
| -15% | -$68.3K |
|
|
KZ
6827
PUT
DELISTED
KongZhong Corporation
KZ
| $384K | ﹤0.01% |
53,500
+39,400
| +279% | +$284K |
|
6828
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$597M
| $383K | ﹤0.01% |
+15,741
| New | +$377K |
|
6829
PUT
Navigator Holdings
NVGS
$1.36B
| $383K | ﹤0.01% |
23,700
-11,300
| -32% | -$165K |
|
6830
PUT
iShares US Regional Banks ETF
IAT
$663M
| $381K | ﹤0.01% |
12,000
+4,200
| +54% | +$131K |
|
6831
PUT
Reliance Steel & Aluminium
RS
$19.8B
| $381K | ﹤0.01% |
5,500
-600
| -10% | -$36.3K |
|
6832
ProShares Ultra Semiconductors
USD
$2.6B
| $381K | ﹤0.01% |
441,600
-771,744
| -64% | -$580K |
|
|
EEP
6833
PUT
DELISTED
Enbridge Energy Partners
EEP
| $381K | ﹤0.01% |
20,800
-15,700
| -43% | -$277K |
|
6834
CALL
MillerKnoll
MLKN
$1.58B
| $380K | ﹤0.01% |
12,300
-2,300
| -16% | -$61.1K |
|
6835
CALL
Pembina Pipeline
PBA
$27.9B
| $380K | ﹤0.01% |
14,100
+1,700
| +14% | +$39.6K |
|
|
PE
6836
CALL
DELISTED
PARSLEY ENERGY INC
PE
| $380K | ﹤0.01% |
16,800
-8,300
| -33% | -$154K |
|
|
BBOX
6837
DELISTED
Black Box Corp
BBOX
| $380K | ﹤0.01% |
28,229
-14,703
| -34% | -$158K |
|
|
VNR
6838
PUT
DELISTED
Vanguard Natural Resources, LLC
VNR
| $380K | ﹤0.01% |
260,200
-290,400
| -53% | -$608K |
|
6839
Kemper
KMPR
$1.65B
| $379K | ﹤0.01% |
12,804
-7,376
| -37% | -$221K |
|
6840
CALL
New Jersey Resources
NJR
$5.44B
| $379K | ﹤0.01% |
+10,400
| New | +$360K |
|
6841
CALL
Sibanye-Stillwater
SBSW
$8.56B
| $379K | ﹤0.01% |
26,520
+8,168
| +45% | +$88.4K |
|
6842
PUT
iShares Russell Mid-Cap Growth ETF
IWP
$20.2B
| $378K | ﹤0.01% |
+8,200
| New | +$354K |
|
|
RGLS
6843
PUT
DELISTED
Regulus Therapeutics
RGLS
| $378K | ﹤0.01% |
454
+362
| +393% | +$288K |
|
6844
CALL
Manulife Financial
MFC
$70.9B
| $377K | ﹤0.01% |
26,700
-31,500
| -54% | -$422K |
|
6845
Stellantis
STLA
$20.4B
| $377K | ﹤0.01% |
47,247
-668,118
| -93% | -$4.83M |
|
6846
Willis Lease Finance
WLFC
$1.13B
| $377K | ﹤0.01% |
+52,377
| New | +$342K |
|
|
COHR
6847
CALL
DELISTED
Coherent Inc
COHR
| $377K | ﹤0.01% |
+4,100
| New | +$316K |
|
|
WPG
6848
DELISTED
Washington Prime Group Inc.
WPG
| $377K | ﹤0.01% |
4,411
-3,748
| -46% | -$305K |
|
6849
PUT
Adtran
ADTN
$629M
| $376K | ﹤0.01% |
18,600
-56,700
| -75% | -$1.05M |
|
6850
PUT
Teucrium Corn Fund
CORN
$172M
| $376K | ﹤0.01% |
18,700
-8,900
| -32% | -$188K |
|
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 $9.01B 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 Miscellaneous at 90% of assets, up from 87% a quarter earlier, followed by Financials and Technology.
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.