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 | |
|---|---|---|---|---|---|---|
7526
PUT
Vince Holding Corp
VNCE
$100M
| $253K | ﹤0.01% |
4,000
+1,770
| +79% | +$99.1K |
|
7527
CALL
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.3B
| $253K | ﹤0.01% |
2,900
-1,000
| -26% | -$81.5K |
|
|
TAHO
7528
PUT
DELISTED
Tahoe Resources Inc
TAHO
| $253K | ﹤0.01% |
+25,200
| New | +$225K |
|
7529
CALL
Sun Life Financial
SLF
$43.8B
| $252K | ﹤0.01% |
7,800
-100
| -1% | -$2.94K |
|
7530
CALL
ProShares Ultra 20+ Year Treasury
UBT
$58.4M
| $252K | ﹤0.01% |
+5,800
| New | +$242K |
|
7531
Medallion Financial
MFIN
$271M
| $251K | ﹤0.01% |
27,147
-22,396
| -45% | -$171K |
|
7532
Natera
NTRA
$48.8B
| $251K | ﹤0.01% |
26,343
-10,413
| -28% | -$88.1K |
|
7533
CALL
Omnicell
OMCL
$1.52B
| $251K | ﹤0.01% |
9,000
-17,100
| -66% | -$470K |
|
7534
PUT
iShares Residential and Multisector Real Estate ETF
REZ
$859M
| $251K | ﹤0.01% |
3,800
-2,100
| -36% | -$130K |
|
7535
PUT
Sun Communities
SUI
$15B
| $251K | ﹤0.01% |
3,500
-1,700
| -33% | -$115K |
|
7536
Tenet Healthcare
THC
$21.6B
| $251K | ﹤0.01% |
8,676
-249,385
| -97% | -$6.49M |
|
7537
CALL
Crocs
CROX
$5.83B
| $250K | ﹤0.01% |
26,000
-20,400
| -44% | -$190K |
|
7538
LCNB Corp
LCNB
$276M
| $250K | ﹤0.01% |
+15,538
| New | +$252K |
|
7539
PRA Group
PRAA
$726M
| $250K | ﹤0.01% |
8,506
-93,587
| -92% | -$2.69M |
|
|
BCIC
7540
BCP Investment Corp
BCIC
$95M
| $250K | ﹤0.01% |
6,956
-11,936
| -63% | -$379K |
|
7541
QuidelOrtho
QDEL
$1.05B
| $250K | ﹤0.01% |
+14,478
| New | +$242K |
|
7542
PUT
SouthState Bank Corp
SSB
$10.3B
| $250K | ﹤0.01% |
3,900
+800
| +26% | +$51.5K |
|
7543
CALL
Shutterstock
SSTK
$203M
| $250K | ﹤0.01% |
+6,800
| New | +$220K |
|
|
PGNX
7544
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $250K | ﹤0.01% |
57,326
+23,590
| +70% | +$105K |
|
|
SPYB
7545
DELISTED
SPDR S&P 500 Buyback ETF
SPYB
| $250K | ﹤0.01% |
5,317
-15,613
| -75% | -$681K |
|
|
IPCC
7546
DELISTED
Infinity Property & Casualty C
IPCC
| $250K | ﹤0.01% |
+3,100
| New | +$242K |
|
|
VSPY
7547
DELISTED
DIREXIONS&P 500 VOLATILITY RESPONSE SHARES
VSPY
| $250K | ﹤0.01% |
+4,587
| New | +$244K |
|
7548
CALL
Ambev
ABEV
$44.4B
| $249K | ﹤0.01% |
48,000
-16,600
| -26% | -$76.4K |
|
|
ASA
7549
ASA Gold and Precious Metals
ASA
$1.23B
| $249K | ﹤0.01% |
24,339
-861
| -3% | -$7.58K |
|
7550
PUT
EXL Service
EXLS
$5.79B
| $249K | ﹤0.01% |
+24,000
| New | +$221K |
|
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.