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 | |
|---|---|---|---|---|---|---|
6926
DXP Enterprises
DXPE
$2.91B
| $301K | ﹤0.01% |
+20,135
| New | +$339K |
|
6927
Moog Inc Class A
MOG.A
$11.9B
| $301K | ﹤0.01% |
+5,578
| New | +$282K |
|
6928
PUT
MSCI
MSCI
$41.6B
| $301K | ﹤0.01% |
3,900
-11,200
| -74% | -$847K |
|
6929
CALL
First Horizon
FHN
$11.7B
| $300K | ﹤0.01% |
+21,800
| New | +$302K |
|
6930
CALL
Harmony Gold Mining
HMY
$12.5B
| $300K | ﹤0.01% |
83,000
-41,300
| -33% | -$143K |
|
6931
CALL
HubSpot
HUBS
$13B
| $300K | ﹤0.01% |
6,900
-13,600
| -66% | -$617K |
|
6932
PUT
Upbound Group
UPBD
$1.13B
| $300K | ﹤0.01% |
24,400
-36,000
| -60% | -$485K |
|
|
FCS
6933
CALL
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $300K | ﹤0.01% |
15,100
-32,200
| -68% | -$641K |
|
6934
Mettler-Toledo International
MTD
$28.1B
| $299K | ﹤0.01% |
820
-6,341
| -89% | -$2.32M |
|
6935
PUT
Ollie's Bargain Outlet
OLLI
$4.36B
| $299K | ﹤0.01% |
+12,000
| New | +$299K |
|
6936
CALL
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.3B
| $299K | ﹤0.01% |
6,200
-200
| -3% | -$10K |
|
6937
CALL
ProShares Ultra Materials
UYM
$41.3M
| $299K | ﹤0.01% |
+29,200
| New | +$303K |
|
|
NTRI
6938
PUT
DELISTED
NutriSystem, Inc.
NTRI
| $299K | ﹤0.01% |
11,800
-100
| -0.8% | -$2.41K |
|
6939
CALL
Bright Horizons
BFAM
$3.64B
| $298K | ﹤0.01% |
+4,500
| New | +$293K |
|
|
BGFV
6940
CALL
DELISTED
Big 5 Sporting Goods
BGFV
| $298K | ﹤0.01% |
32,100
+5,700
| +22% | +$55.8K |
|
6941
CALL
Consolidated Water Co
CWCO
$480M
| $298K | ﹤0.01% |
22,800
+4,100
| +22% | +$54.5K |
|
|
DOG
6942
ProShares Short Dow30
DOG
$97.4M
| $298K | ﹤0.01% |
3,485
-13,873
| -80% | -$1.2M |
|
6943
CALL
Gray Television
GTN
$503M
| $298K | ﹤0.01% |
27,500
-63,100
| -70% | -$745K |
|
6944
CALL
John B. Sanfilippo & Son
JBSS
$872M
| $298K | ﹤0.01% |
+7,000
| New | +$381K |
|
6945
LivePerson
LPSN
$33.7M
| $298K | ﹤0.01% |
+3,134
| New | +$300K |
|
6946
PUT
VanEck Steel ETF
SLX
$176M
| $298K | ﹤0.01% |
10,800
+1,900
| +21% | +$50.7K |
|
|
HYLD
6947
PUT
DELISTED
High Yield ETF
HYLD
| $298K | ﹤0.01% |
8,800
-3,700
| -30% | -$122K |
|
6948
Agilent Technologies
A
$43.9B
| $297K | ﹤0.01% |
6,700
| – | – |
|
|
AGEN
6949
PUT
Agenus
AGEN
$343M
| $297K | ﹤0.01% |
3,740
+1,753
| +88% | +$137K |
|
6950
Corcept Therapeutics
CORT
$12.3B
| $297K | ﹤0.01% |
+54,348
| New | +$283K |
|
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.