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 | |
|---|---|---|---|---|---|---|
|
WG
7251
DELISTED
Willbros Group
WG
| $297K | ﹤0.01% |
139,739
+119,575
| +593% | +$226K |
|
|
WSTC
7252
CALL
DELISTED
West Corporation
WSTC
| $297K | ﹤0.01% |
13,000
+2,000
| +18% | +$41.6K |
|
7253
CALL
Amdocs
DOX
$6.61B
| $296K | ﹤0.01% |
4,900
-34,200
| -87% | -$1.92M |
|
7254
PUT
iShares MSCI Hong Kong ETF
EWH
$1.26B
| $296K | ﹤0.01% |
14,900
-997,600
| -99% | -$18.3M |
|
|
TDAY
7255
PUT
USA Today Co
TDAY
$948M
| $296K | ﹤0.01% |
17,800
+3,300
| +23% | +$53.9K |
|
7256
PUT
CPI Card Group
PMTS
$339M
| $296K | ﹤0.01% |
7,180
-340
| -5% | -$14.2K |
|
7257
PUT
Teradyne
TER
$56.7B
| $296K | ﹤0.01% |
13,700
-115,400
| -89% | -$2.26M |
|
|
MSGN
7258
CALL
DELISTED
MSG Networks Inc.
MSGN
| $296K | ﹤0.01% |
17,100
-14,000
| -45% | -$244K |
|
|
KATE
7259
DELISTED
Kate Spade & Company
KATE
| $296K | ﹤0.01% |
11,613
-184,566
| -94% | -$3.63M |
|
|
AXJV
7260
DELISTED
iShares Edge MSCI Min Vol Asia ex Japan ETF
AXJV
| $296K | ﹤0.01% |
6,168
-251
| -4% | -$11.2K |
|
|
MAG
7261
PUT
DELISTED
MAG Silver
MAG
| $295K | ﹤0.01% |
31,300
+10,000
| +47% | +$76.6K |
|
|
ORAN
7262
CALL
DELISTED
Orange
ORAN
| $295K | ﹤0.01% |
17,000
-24,300
| -59% | -$419K |
|
|
DOOR
7263
PUT
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $295K | ﹤0.01% |
4,500
-9,900
| -69% | -$559K |
|
|
POWR
7264
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $295K | ﹤0.01% |
15,780
-3,707
| -19% | -$52.6K |
|
7265
Applied Optoelectronics
AAOI
$9.21B
| $294K | ﹤0.01% |
+19,685
| New | +$313K |
|
7266
Albemarle
ALB
$16.3B
| $294K | ﹤0.01% |
4,603
-2,742
| -37% | -$150K |
|
7267
Cambria Global Asset Allocation ETF
GAA
$75.8M
| $294K | ﹤0.01% |
12,333
-34,878
| -74% | -$796K |
|
7268
ProShares UltraShort Industrials
SIJ
$6.03M
| $294K | ﹤0.01% |
+517
| New | +$354K |
|
|
CYB
7269
DELISTED
WisdomTree Chinese Yuan Strategy Fund
CYB
| $294K | ﹤0.01% |
11,704
-6,613
| -36% | -$162K |
|
|
AMCC
7270
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $294K | ﹤0.01% |
45,490
-38,025
| -46% | -$219K |
|
|
BGFV
7271
CALL
DELISTED
Big 5 Sporting Goods
BGFV
| $293K | ﹤0.01% |
26,400
+9,400
| +55% | +$110K |
|
7272
McCormick & Company Non-Voting
MKC
$14.8B
| $293K | ﹤0.01% |
5,886
-54,320
| -90% | -$2.44M |
|
|
PBPB
7273
PUT
DELISTED
Potbelly
PBPB
| $293K | ﹤0.01% |
21,500
-2,300
| -10% | -$27.6K |
|
7274
STAG Industrial
STAG
$7.19B
| $293K | ﹤0.01% |
14,402
-4,545
| -24% | -$80.3K |
|
7275
Weis Markets
WMK
$1.77B
| $293K | ﹤0.01% |
+6,500
| New | +$267K |
|
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.