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 | |
|---|---|---|---|---|---|---|
751
PUT
Sherwin-Williams
SHW
$84.2B
| $29.6M | 0.02% |
312,000
+112,200
| +56% | +$9.82M |
|
752
CALL
Intercontinental Exchange
ICE
$91.5B
| $29.5M | 0.02% |
627,000
-2,149,500
| -77% | -$105M |
|
753
CALL
Clorox
CLX
$13B
| $29.5M | 0.02% |
233,700
+98,100
| +72% | +$12.5M |
|
754
CALL
Allstate
ALL
$65.8B
| $29.4M | 0.02% |
436,100
+150,900
| +53% | +$9.48M |
|
755
PUT
Martin Marietta Materials
MLM
$32B
| $29.4M | 0.02% |
184,100
+106,000
| +136% | +$14.6M |
|
756
CALL
GameStop
GME
$8.09B
| $29.4M | 0.02% |
3,700,800
-972,800
| -21% | -$6.99M |
|
|
WBA
757
DELISTED
Walgreens Boots Alliance
WBA
| $29.3M | 0.02% |
348,356
-736,060
| -68% | -$58.8M |
|
758
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $29M | 0.02% |
771,000
+261,300
| +51% | +$9.61M |
|
|
POT
759
DELISTED
Potash Corp Of Saskatchewan
POT
| $29M | 0.02% |
1,703,649
+624,216
| +58% | +$10.5M |
|
760
PUT
Jazz Pharmaceuticals
JAZZ
$16.5B
| $29M | 0.02% |
221,800
-91,700
| -29% | -$11.4M |
|
761
CALL
Sysco
SYY
$40.1B
| $28.9M | 0.02% |
619,500
-252,600
| -29% | -$10.9M |
|
762
CALL
Perrigo
PRGO
$1.98B
| $28.8M | 0.02% |
225,100
-324,000
| -59% | -$44.3M |
|
763
CALL
Wheaton Precious Metals
WPM
$72.8B
| $28.8M | 0.02% |
1,735,800
+501,500
| +41% | +$7.26M |
|
764
PUT
Franco-Nevada
FNV
$52.1B
| $28.7M | 0.02% |
467,400
+210,000
| +82% | +$11.3M |
|
765
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $28.6M | 0.02% |
1,103,200
+519,000
| +89% | +$13.1M |
|
766
PUT
iShares MSCI Mexico ETF
EWW
$1.79B
| $28.6M | 0.02% |
532,800
-7,700
| -1% | -$373K |
|
767
CALL
Plains All American Pipeline
PAA
$17.6B
| $28.6M | 0.02% |
1,362,400
+171,600
| +14% | +$3.61M |
|
768
PUT
F5
FFIV
$21.5B
| $28.3M | 0.02% |
266,900
-144,400
| -35% | -$13.8M |
|
769
PUT
Vodafone
VOD
$36.9B
| $28.2M | 0.02% |
881,100
-730,700
| -45% | -$22.8M |
|
770
PUT
Edwards Lifesciences
EW
$52.2B
| $28.2M | 0.02% |
957,900
+424,800
| +80% | +$11.7M |
|
771
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $28.2M | 0.02% |
236,973
+208,662
| +737% | +$24M |
|
|
DFS
772
PUT
DELISTED
Discover Financial Services
DFS
| $28.1M | 0.02% |
552,700
+239,700
| +77% | +$11.6M |
|
|
773
CALL
Franco-Nevada
FNV
$52.1B
| $28.1M | 0.02% |
458,100
+360,200
| +368% | +$19.3M |
|
774
CALL
Domino's
DPZ
$11.5B
| $28M | 0.01% |
212,600
+174,500
| +458% | +$20.8M |
|
775
PUT
CSX Corp
CSX
$95.3B
| $28M | 0.01% |
3,258,300
-2,678,100
| -45% | -$21.7M |
|
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.