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 | |
|---|---|---|---|---|---|---|
|
VVUS
7176
CALL
DELISTED
Vivus Inc
VVUS
| $313K | ﹤0.01% |
22,340
+3,330
| +18% | +$35.6K |
|
|
CSGS
7177
PUT
DELISTED
CSG Systems International
CSGS
| $312K | ﹤0.01% |
+6,900
| New | +$260K |
|
7178
PUT
United States 12 Month Oil Fund,
USL
$43.6M
| $312K | ﹤0.01% |
19,100
-7,600
| -28% | -$118K |
|
7179
PUT
NETGEAR
NTGR
$577M
| $311K | ﹤0.01% |
7,700
-30,900
| -80% | -$1.19M |
|
7180
ProShares Short FTSE China 50 of PROSHARES TRUST
YXI
$4.7M
| $311K | ﹤0.01% |
5,234
-8,788
| -63% | -$569K |
|
|
ZJPN
7181
DELISTED
SPDR Solactive Japan ETF
ZJPN
| $311K | ﹤0.01% |
4,961
-51,600
| -91% | -$3.16M |
|
|
TIME
7182
DELISTED
Time Inc.
TIME
| $311K | ﹤0.01% |
20,116
-11,724
| -37% | -$169K |
|
7183
CALL
Adeia
ADEA
$2.84B
| $310K | ﹤0.01% |
37,800
-63,504
| -63% | -$484K |
|
7184
CALL
Kelly Services Class A
KELYA
$602M
| $310K | ﹤0.01% |
16,200
-9,600
| -37% | -$160K |
|
7185
Kilroy Realty
KRC
$4.24B
| $310K | ﹤0.01% |
5,017
-12,816
| -72% | -$720K |
|
7186
CALL
MGIC Investment
MTG
$6.39B
| $310K | ﹤0.01% |
40,400
-760,200
| -95% | -$5.45M |
|
7187
Ollie's Bargain Outlet
OLLI
$4.32B
| $310K | ﹤0.01% |
+13,233
| New | +$272K |
|
|
KDNY
7188
PUT
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $310K | ﹤0.01% |
4,840
+1,300
| +37% | +$105K |
|
|
PCBK
7189
DELISTED
Pacific Continental Corp
PCBK
| $310K | ﹤0.01% |
19,248
+2,447
| +15% | +$37.5K |
|
|
WLH
7190
DELISTED
WILLIAM LYON HOMES
WLH
| $310K | ﹤0.01% |
21,423
-25,415
| -54% | -$301K |
|
7191
PUT
Invesco DB Agriculture Fund
DBA
$1.26B
| $309K | ﹤0.01% |
15,000
-21,300
| -59% | -$431K |
|
7192
DNOW Inc
DNOW
$2.87B
| $309K | ﹤0.01% |
17,454
-48,597
| -74% | -$747K |
|
7193
WisdomTree International High Dividend Fund
DTH
$661M
| $309K | ﹤0.01% |
8,280
-64,824
| -89% | -$2.32M |
|
7194
CALL
NovaGold Resources
NG
$3.83B
| $309K | ﹤0.01% |
61,300
-89,400
| -59% | -$412K |
|
7195
PUT
Omnicell
OMCL
$1.51B
| $309K | ﹤0.01% |
11,100
-14,200
| -56% | -$390K |
|
|
WBS
7196
CALL
DELISTED
Webster Financial
WBS
| $309K | ﹤0.01% |
+8,600
| New | +$295K |
|
|
SEMG
7197
PUT
DELISTED
SEMGROUP CORPORATION
SEMG
| $309K | ﹤0.01% |
+13,800
| New | +$285K |
|
7198
PUT
RLI Corp
RLI
$5.92B
| $308K | ﹤0.01% |
+9,200
| New | +$289K |
|
7199
CALL
Teledyne Technologies
TDY
$28.7B
| $308K | ﹤0.01% |
3,500
+900
| +35% | +$74.8K |
|
|
FLXN
7200
CALL
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $308K | ﹤0.01% |
33,500
-103,100
| -75% | -$1.25M |
|
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.