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 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
PUT
Dollar Tree
DLTR
$26.3B
| $33.9M | 0.02% |
360,000
+45,100
| +14% | +$3.81M |
|
677
PUT
Rio Tinto
RIO
$170B
| $33.9M | 0.02% |
1,082,900
+138,700
| +15% | +$4.14M |
|
678
CALL
CarMax
KMX
$8.91B
| $33.9M | 0.02% |
690,800
+86,200
| +14% | +$4.43M |
|
679
CALL
Stryker
SYK
$126B
| $33.8M | 0.02% |
282,400
+53,300
| +23% | +$5.96M |
|
680
PUT
CF Industries
CF
$19.6B
| $33.6M | 0.02% |
1,395,800
-116,300
| -8% | -$3.45M |
|
681
CALL
Murphy Oil
MUR
$5.16B
| $33.6M | 0.02% |
1,058,500
+60,600
| +6% | +$1.83M |
|
|
POT
682
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $33.6M | 0.02% |
2,067,700
+1,046,700
| +103% | +$17.5M |
|
683
CALL
Duke Energy
DUK
$95.1B
| $33.6M | 0.02% |
391,400
-48,200
| -11% | -$3.85M |
|
684
CALL
Conagra Brands
CAG
$8B
| $33.6M | 0.02% |
901,942
+426,363
| +90% | +$15.2M |
|
|
WFM
685
CALL
DELISTED
Whole Foods Market Inc
WFM
| $33.5M | 0.02% |
1,047,700
+179,500
| +21% | +$5.58M |
|
686
CALL
Signet Jewelers
SIG
$3.24B
| $33.5M | 0.02% |
406,700
+134,600
| +49% | +$13.7M |
|
687
PUT
Toyota
TM
$229B
| $33.4M | 0.02% |
334,200
+94,800
| +40% | +$9.74M |
|
688
PUT
Edwards Lifesciences
EW
$52.2B
| $33.4M | 0.02% |
1,004,400
+46,500
| +5% | +$1.59M |
|
|
CMA
689
CALL
DELISTED
Comerica
CMA
| $33.4M | 0.02% |
811,600
+336,200
| +71% | +$14.3M |
|
690
CALL
Best Buy
BBY
$18.4B
| $33.1M | 0.02% |
1,081,600
-200,000
| -16% | -$6.29M |
|
691
CALL
BlackBerry
BB
$4.48B
| $33.1M | 0.02% |
4,930,100
-265,500
| -5% | -$1.86M |
|
692
PUT
F5
FFIV
$21.5B
| $33.1M | 0.02% |
290,500
+23,600
| +9% | +$2.54M |
|
|
BBBY
693
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $33M | 0.02% |
764,700
+424,900
| +125% | +$19.3M |
|
|
PX
694
CALL
DELISTED
Praxair Inc
PX
| $33M | 0.02% |
293,400
+210,300
| +253% | +$23.9M |
|
|
JNPR
695
CALL
DELISTED
Juniper Networks
JNPR
| $32.9M | 0.02% |
1,464,200
-164,100
| -10% | -$3.82M |
|
|
AVB
696
PUT
DELISTED
AvalonBay Communities
AVB
| $32.8M | 0.02% |
182,100
+163,500
| +879% | +$29.5M |
|
697
PUT
Jazz Pharmaceuticals
JAZZ
$16.5B
| $32.8M | 0.02% |
232,000
+10,200
| +5% | +$1.5M |
|
698
PUT
Eastman Chemical
EMN
$8.31B
| $32.8M | 0.02% |
482,800
+302,700
| +168% | +$22.2M |
|
699
CALL
NetEase
NTES
$78.7B
| $32.7M | 0.02% |
847,000
+289,500
| +52% | +$9.01M |
|
|
SE
700
CALL
DELISTED
Spectra Energy Corp Wi
SE
| $32.7M | 0.02% |
892,900
-486,700
| -35% | -$15.5M |
|
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's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.