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 | |
|---|---|---|---|---|---|---|
7076
First Trust Materials AlphaDEX Fund
FXZ
$400M
| $332K | ﹤0.01% |
10,758
-6,031
| -36% | -$166K |
|
7077
PUT
Genesco
GCO
$370M
| $332K | ﹤0.01% |
4,600
-18,500
| -80% | -$1.19M |
|
7078
PUT
Coca-Cola Femsa
KOF
$23.7B
| $332K | ﹤0.01% |
+4,000
| New | +$289K |
|
|
SHLM
7079
PUT
DELISTED
Schulman (A.) Inc
SHLM
| $332K | ﹤0.01% |
12,200
-3,900
| -24% | -$98K |
|
7080
CALL
Monarch Casino & Resort
MCRI
$2.2B
| $331K | ﹤0.01% |
17,000
+7,100
| +72% | +$142K |
|
7081
PUT
Invesco BuyBack Achievers ETF
PKW
$1.8B
| $331K | ﹤0.01% |
7,300
| – | – |
|
7082
Stryker
SYK
$127B
| $331K | ﹤0.01% |
3,081
-61,201
| -95% | -$6.03M |
|
7083
CALL
UDR
UDR
$11.9B
| $331K | ﹤0.01% |
8,600
+3,200
| +59% | +$114K |
|
|
NRE
7084
DELISTED
NorthStar Realty Europe Corp.
NRE
| $331K | ﹤0.01% |
28,508
-39,223
| -58% | -$396K |
|
7085
Acacia Research
ACTG
$436M
| $330K | ﹤0.01% |
87,192
+7,196
| +9% | +$26.4K |
|
|
GIFI
7086
DELISTED
Gulf Island Fabrication
GIFI
| $330K | ﹤0.01% |
42,088
+26,623
| +172% | +$233K |
|
7087
CALL
Hercules Capital
HTGC
$3.27B
| $330K | ﹤0.01% |
27,500
+14,200
| +107% | +$158K |
|
7088
Badger Meter
BMI
$3.93B
| $329K | ﹤0.01% |
+9,898
| New | +$306K |
|
7089
Marcus Corp
MCS
$895M
| $329K | ﹤0.01% |
+17,364
| New | +$325K |
|
|
FEIC
7090
DELISTED
FEI COMPANY
FEIC
| $329K | ﹤0.01% |
3,699
-3,178
| -46% | -$246K |
|
|
NEWP
7091
PUT
DELISTED
NEWPORT CORP
NEWP
| $329K | ﹤0.01% |
+14,300
| New | +$261K |
|
|
SOIL
7092
DELISTED
Global X Fertilizers/Potash ETF
SOIL
| $329K | ﹤0.01% |
37,248
+19,647
| +112% | +$164K |
|
7093
Camden National
CAC
$957M
| $328K | ﹤0.01% |
11,700
+2,550
| +28% | +$68.6K |
|
7094
Consumer Portfolio Services
CPSS
$203M
| $328K | ﹤0.01% |
77,614
+37,503
| +93% | +$161K |
|
7095
CALL
Gran Tierra Energy
GTE
$349M
| $328K | ﹤0.01% |
13,290
+7,080
| +114% | +$164K |
|
7096
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $328K | ﹤0.01% |
10,845
-26,587
| -71% | -$759K |
|
|
ATHX
7097
DELISTED
Athersys, Inc. Common Stock
ATHX
| $328K | ﹤0.01% |
5,833
+1,850
| +46% | +$75.1K |
|
7098
Agnico Eagle Mines
AEM
$104B
| $327K | ﹤0.01% |
9,032
-146,344
| -94% | -$4.81M |
|
7099
PUT
Telefônica Brasil
VIV
$18.2B
| $327K | ﹤0.01% |
26,200
-6,100
| -19% | -$59.4K |
|
|
7100
PUT
Acacia Research
ACTG
$436M
| $326K | ﹤0.01% |
85,900
+48,800
| +132% | +$179K |
|
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.