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 | |
|---|---|---|---|---|---|---|
701
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $32.5M | 0.02% |
763,200
+298,700
| +64% | +$10.8M |
|
702
United Airlines
UAL
$36.9B
| $32.4M | 0.02% |
790,011
+386,327
| +96% | +$18.3M |
|
703
CALL
Marvell Technology
MRVL
$206B
| $32.2M | 0.02% |
3,376,900
+504,200
| +18% | +$5.04M |
|
|
MNK
704
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $31.9M | 0.02% |
524,400
-186,300
| -26% | -$11.4M |
|
705
CALL
Targa Resources
TRGP
$63.1B
| $31.9M | 0.02% |
755,900
+312,200
| +70% | +$12.2M |
|
706
PUT
PayPal
PYPL
$52.8B
| $31.8M | 0.02% |
871,700
-568,000
| -39% | -$21.7M |
|
707
Steris
STE
$23.2B
| $31.8M | 0.02% |
462,379
+451,774
| +4,260% | +$31.7M |
|
708
CALL
ProShares UltraPro QQQ
TQQQ
$34.7B
| $31.8M | 0.02% |
15,840,000
-3,638,400
| -19% | -$7.48M |
|
709
CALL
Weyerhaeuser
WY
$17.6B
| $31.7M | 0.02% |
1,064,400
+390,100
| +58% | +$12M |
|
710
CALL
Johnson Controls International
JCI
$86.6B
| $31.6M | 0.02% |
682,920
-677,860
| -50% | -$29.9M |
|
711
CALL
Wheaton Precious Metals
WPM
$72.8B
| $31.5M | 0.02% |
1,340,200
-395,600
| -23% | -$7.63M |
|
712
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $31.4M | 0.02% |
1,170,774
+1,142,180
| +3,994% | +$30.3M |
|
|
GAP
713
PUT
The Gap Inc
GAP
$7.33B
| $31.3M | 0.02% |
1,475,500
+709,700
| +93% | +$15.1M |
|
714
CALL
F5
FFIV
$21.5B
| $31.3M | 0.02% |
274,800
+15,100
| +6% | +$1.62M |
|
715
CALL
Campbell Soup
CPB
$7.2B
| $31.2M | 0.02% |
469,700
-4,500
| -0.9% | -$282K |
|
716
CALL
Mattel
MAT
$4.23B
| $30.8M | 0.02% |
985,800
-424,300
| -30% | -$13.5M |
|
|
BBBY
717
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $30.8M | 0.02% |
713,600
+422,200
| +145% | +$19.1M |
|
718
CALL
Franco-Nevada
FNV
$52.1B
| $30.8M | 0.02% |
405,100
-53,000
| -12% | -$3.58M |
|
719
PUT
Agnico Eagle Mines
AEM
$110B
| $30.7M | 0.02% |
573,500
+133,800
| +30% | +$6.08M |
|
720
PUT
TSMC
TSM
$2.13T
| $30.7M | 0.02% |
1,168,600
+276,300
| +31% | +$6.9M |
|
721
PUT
Advanced Micro Devices
AMD
$746B
| $30.6M | 0.02% |
5,961,700
-239,500
| -4% | -$931K |
|
|
GOLD
722
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $30.6M | 0.02% |
273,500
+171,000
| +167% | +$15.9M |
|
723
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $30.6M | 0.02% |
1,202,500
+186,400
| +18% | +$4.9M |
|
724
CALL
Ralph Lauren
RL
$22.1B
| $30.6M | 0.02% |
341,400
+158,800
| +87% | +$14.7M |
|
|
MJN
725
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $30.6M | 0.02% |
337,100
-298,500
| -47% | -$25.3M |
|
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.