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 | |
|---|---|---|---|---|---|---|
726
CALL
Stanley Black & Decker
SWK
$14.9B
| $30.6M | 0.02% |
274,800
+89,400
| +48% | +$9.94M |
|
|
GOLD
727
CALL
DELISTED
Randgold Resources Ltd
GOLD
| $30.5M | 0.02% |
272,000
+97,000
| +55% | +$8.99M |
|
|
AMJ
728
CALL
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $30.4M | 0.02% |
954,500
-69,900
| -7% | -$2.08M |
|
|
SINA
729
PUT
DELISTED
Sina Corp
SINA
| $30.4M | 0.02% |
585,400
-262,300
| -31% | -$13.1M |
|
730
PUT
Workday
WDAY
$49.2B
| $30.4M | 0.02% |
406,500
-88,500
| -18% | -$6.75M |
|
731
CALL
Royal Bank of Canada
RY
$284B
| $30.3M | 0.02% |
513,600
+124,300
| +32% | +$7.47M |
|
|
JCP
732
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $30.3M | 0.02% |
3,414,000
+24,100
| +0.7% | +$212K |
|
|
JWN
733
CALL
DELISTED
Nordstrom
JWN
| $30.3M | 0.02% |
795,600
+182,300
| +30% | +$8.09M |
|
|
GAP
734
CALL
The Gap Inc
GAP
$7.33B
| $30.2M | 0.02% |
1,425,100
+953,800
| +202% | +$20.3M |
|
735
Marathon Petroleum
MPC
$102B
| $30.2M | 0.02% |
795,112
+365,717
| +85% | +$13.4M |
|
736
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $30.1M | 0.02% |
681,000
+118,500
| +21% | +$5.81M |
|
737
PUT
GoPro
GPRO
$111M
| $30.1M | 0.02% |
2,782,100
-523,800
| -16% | -$5.81M |
|
|
SLCA
738
CALL
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $30.1M | 0.02% |
872,500
+244,600
| +39% | +$6.77M |
|
|
SHPG
739
DELISTED
Shire pic
SHPG
| $30M | 0.02% |
163,220
+31,385
| +24% | +$5.67M |
|
|
AGU
740
PUT
DELISTED
Agrium
AGU
| $30M | 0.02% |
332,200
+162,000
| +95% | +$14.4M |
|
741
CALL
Royal Gold
RGLD
$22.3B
| $29.9M | 0.02% |
415,700
-93,400
| -18% | -$5.56M |
|
|
JOYY
742
CALL
JOYY Inc
JOYY
$3.7B
| $29.9M | 0.02% |
882,500
+503,600
| +133% | +$25.1M |
|
743
PUT
Bath & Body Works
BBWI
$3.86B
| $29.8M | 0.02% |
549,970
+391,139
| +246% | +$22.9M |
|
744
CALL
Cognizant
CTSH
$28B
| $29.8M | 0.02% |
520,700
-170,400
| -25% | -$10.3M |
|
|
BHI
745
PUT
DELISTED
Baker Hughes
BHI
| $29.6M | 0.02% |
656,700
-617,100
| -48% | -$27.9M |
|
746
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $29.5M | 0.02% |
837,200
-483,400
| -37% | -$16.5M |
|
747
PUT
HP
HPQ
$26.1B
| $29.4M | 0.02% |
2,345,700
-512,600
| -18% | -$6.38M |
|
|
748
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $29.4M | 0.02% |
835,200
-472,100
| -36% | -$16.1M |
|
749
iShares MSCI Hong Kong ETF
EWH
$1.28B
| $29.4M | 0.02% |
1,502,187
+1,445,373
| +2,544% | +$28.3M |
|
750
CALL
Range Resources
RRC
$9.64B
| $29.4M | 0.02% |
681,300
-866,600
| -56% | -$35.5M |
|
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.