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 | Financials | 1.95% |
| 2 | Technology | 1.63% |
| 3 | Consumer Discretionary | 1.42% |
| 4 | Communication Services | 1.39% |
| 5 | Healthcare | 1.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
CALL
CarMax
KMX
$8.91B
| $30.9M | 0.02% |
604,600
+318,100
| +111% | +$15M |
|
|
RAI
727
DELISTED
Reynolds American Inc
RAI
| $30.9M | 0.02% |
613,514
+140,539
| +30% | +$6.9M |
|
728
CALL
Tapestry
TPR
$26.4B
| $30.8M | 0.02% |
769,000
+51,100
| +7% | +$1.85M |
|
729
PUT
BHP
BHP
$247B
| $30.8M | 0.02% |
1,333,093
-1,277,156
| -49% | -$27M |
|
730
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $30.8M | 0.02% |
1,577,900
+458,400
| +41% | +$8.01M |
|
731
CALL
Waste Management
WM
$90.5B
| $30.6M | 0.02% |
518,700
+48,500
| +10% | +$2.68M |
|
732
PUT
Lowe's Companies
LOW
$122B
| $30.6M | 0.02% |
403,600
+26,600
| +7% | +$1.88M |
|
733
PayPal
PYPL
$52.8B
| $30.6M | 0.02% |
791,881
-397,378
| -33% | -$14.4M |
|
|
XLNX
734
PUT
DELISTED
Xilinx Inc
XLNX
| $30.5M | 0.02% |
642,300
-1,646,900
| -72% | -$77.3M |
|
735
CALL
Fastenal
FAST
$58.8B
| $30.3M | 0.02% |
2,472,000
+473,600
| +24% | +$5.15M |
|
736
CALL
Prudential Financial
PRU
$42.3B
| $30.3M | 0.02% |
419,300
-338,000
| -45% | -$23.6M |
|
737
CALL
Campbell Soup
CPB
$7.2B
| $30.2M | 0.02% |
474,200
+258,000
| +119% | +$15.2M |
|
738
PUT
Norfolk Southern
NSC
$79.3B
| $30.2M | 0.02% |
362,900
-95,200
| -21% | -$7.19M |
|
739
CALL
A.O. Smith
AOS
$8.52B
| $30.1M | 0.02% |
788,200
+360,000
| +84% | +$12.6M |
|
740
PUT
Accenture
ACN
$114B
| $30M | 0.02% |
260,100
+144,200
| +124% | +$14.8M |
|
741
CALL
Vodafone
VOD
$36.9B
| $30M | 0.02% |
935,100
-983,000
| -51% | -$30.6M |
|
|
RHT
742
PUT
DELISTED
Red Hat Inc
RHT
| $30M | 0.02% |
402,000
+56,400
| +16% | +$3.98M |
|
743
CALL
Children's Place
PLCE
$58M
| $29.9M | 0.02% |
357,800
+308,500
| +626% | +$21M |
|
|
TFCFA
744
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $29.9M | 0.02% |
1,070,700
-304,700
| -22% | -$8.16M |
|
|
SCHW
745
CALL
Charles Schwab
SCHW
$197B
| $29.8M | 0.02% |
1,064,400
-426,400
| -29% | -$11.3M |
|
|
EA
746
DELISTED
Electronic Arts
EA
| $29.8M | 0.02% |
450,579
-965
| -0.2% | -$61.6K |
|
747
CALL
Cal-Maine
CALM
$3.95B
| $29.7M | 0.02% |
572,800
+173,200
| +43% | +$8.64M |
|
748
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $29.7M | 0.02% |
562,500
+254,500
| +83% | +$12.3M |
|
749
MGM Resorts International
MGM
$11B
| $29.6M | 0.02% |
1,381,938
+374,719
| +37% | +$7.4M |
|
750
CALL
Marvell Technology
MRVL
$206B
| $29.6M | 0.02% |
2,872,700
-1,827,400
| -39% | -$16.8M |
|
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 $22.6B 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 Financials at 2% of assets, down from 2.2% a quarter earlier, followed by Technology and Consumer Discretionary.
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.