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 | |
|---|---|---|---|---|---|---|
|
TIF
676
CALL
DELISTED
Tiffany & Co.
TIF
| $34.7M | 0.02% |
472,900
+159,100
| +51% | +$10.7M |
|
|
MNK
677
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $34.6M | 0.02% |
565,200
+97,000
| +21% | +$6.2M |
|
678
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$245M
| $34.3M | 0.02% |
1,998
-309
| -13% | -$6.86M |
|
|
SPLK
679
CALL
DELISTED
Splunk Inc
SPLK
| $34M | 0.02% |
694,300
+354,400
| +104% | +$15.9M |
|
680
CALL
Sherwin-Williams
SHW
$84.2B
| $33.9M | 0.02% |
357,000
-297,300
| -45% | -$26M |
|
681
CALL
Harley-Davidson
HOG
$2.94B
| $33.8M | 0.02% |
658,100
+134,100
| +26% | +$5.85M |
|
682
PUT
Cheniere Energy
LNG
$58B
| $33.8M | 0.02% |
998,400
-844,100
| -46% | -$27.4M |
|
683
CALL
TJX Companies
TJX
$155B
| $33.8M | 0.02% |
861,600
-77,200
| -8% | -$2.8M |
|
684
CALL
Signet Jewelers
SIG
$3.24B
| $33.7M | 0.02% |
272,100
+136,200
| +100% | +$15.5M |
|
|
FL
685
PUT
DELISTED
Foot Locker
FL
| $33.4M | 0.02% |
517,200
+116,500
| +29% | +$7.56M |
|
686
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$722M
| $33.3M | 0.02% |
6,363
-2,270
| -26% | -$14.6M |
|
687
Procter & Gamble
PG
$341B
| $33.2M | 0.02% |
403,289
+238,034
| +144% | +$19.2M |
|
|
CXO
688
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $33.2M | 0.02% |
328,500
+76,500
| +30% | +$7.03M |
|
|
DATA
689
PUT
DELISTED
Tableau Software, Inc.
DATA
| $33.1M | 0.02% |
721,700
+31,300
| +5% | +$1.82M |
|
690
CALL
Lam Research
LRCX
$388B
| $33M | 0.02% |
4,001,000
-1,894,000
| -32% | -$13.8M |
|
691
CALL
Baxter International
BAX
$13.7B
| $33M | 0.02% |
802,700
-1,156,500
| -59% | -$44.1M |
|
692
Boeing
BA
$166B
| $32.9M | 0.02% |
259,551
-653,333
| -72% | -$81.1M |
|
693
PUT
International Paper
IP
$21.7B
| $32.6M | 0.02% |
837,936
-437,184
| -34% | -$15.2M |
|
694
RTX Corp
RTX
$282B
| $32.5M | 0.02% |
515,383
-33,203
| -6% | -$1.93M |
|
|
BXLT
695
PUT
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $32.4M | 0.02% |
801,400
+273,800
| +52% | +$10.8M |
|
|
MNDT
696
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $32.4M | 0.02% |
1,799,450
-504,401
| -22% | -$8.22M |
|
697
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $32.4M | 0.02% |
583,184
+573,569
| +5,965% | +$29.7M |
|
698
PUT
Kimberly-Clark
KMB
$37B
| $32.3M | 0.02% |
240,300
-145,200
| -38% | -$18.9M |
|
699
PUT
General Mills
GIS
$21.9B
| $32.3M | 0.02% |
510,100
+101,500
| +25% | +$5.9M |
|
700
CALL
Enterprise Products Partners
EPD
$82.8B
| $32.3M | 0.02% |
1,312,000
-62,400
| -5% | -$1.45M |
|
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.