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 | |
|---|---|---|---|---|---|---|
776
PUT
iShares Silver Trust
SLV
$33.5B
| $28M | 0.01% |
1,905,000
+320,000
| +20% | +$4.54M |
|
|
BWLD
777
CALL
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $27.9M | 0.01% |
188,200
-103,200
| -35% | -$15.8M |
|
778
PUT
Ralph Lauren
RL
$22.1B
| $27.8M | 0.01% |
289,000
+28,600
| +11% | +$2.8M |
|
779
CALL
Deckers Outdoor
DECK
$12.5B
| $27.8M | 0.01% |
2,785,200
-31,200
| -1% | -$270K |
|
780
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $27.8M | 0.01% |
820,400
-198,900
| -20% | -$6.18M |
|
|
AMJ
781
CALL
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $27.8M | 0.01% |
1,024,400
+18,100
| +2% | +$457K |
|
782
iShares Biotechnology ETF
IBB
$10.7B
| $27.5M | 0.01% |
316,890
+89,217
| +39% | +$7.98M |
|
|
P
783
PUT
Everpure Inc
P
$33.4B
| $27.5M | 0.01% |
2,012,100
+1,819,800
| +946% | +$24.2M |
|
784
CALL
F5
FFIV
$21.5B
| $27.5M | 0.01% |
259,700
-2,500
| -1% | -$240K |
|
785
CALL
Paychex
PAYX
$44.8B
| $27.5M | 0.01% |
508,600
+136,600
| +37% | +$6.88M |
|
|
FIT
786
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $27.3M | 0.01% |
1,801,100
-1,081,800
| -38% | -$17.2M |
|
787
CALL
Wolfspeed
WOLF
$1.29B
| $27.3M | 0.01% |
937,300
-462,400
| -33% | -$13.2M |
|
|
RDS.A
788
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $27.2M | 0.01% |
592,314
-71,174
| -11% | -$3.02M |
|
|
JCP
789
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $27.2M | 0.01% |
2,459,100
-1,016,100
| -29% | -$8.9M |
|
790
PUT
Northrop Grumman
NOC
$78B
| $27.2M | 0.01% |
137,200
-23,000
| -14% | -$4.34M |
|
791
PUT
Southwest Airlines
LUV
$19.9B
| $27.1M | 0.01% |
604,800
-443,400
| -42% | -$18M |
|
792
CALL
Veeva Systems
VEEV
$40.4B
| $27.1M | 0.01% |
1,081,900
+763,400
| +240% | +$18.7M |
|
|
CXO
793
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $27.1M | 0.01% |
268,100
-64,200
| -19% | -$5.9M |
|
|
WFM
794
CALL
DELISTED
Whole Foods Market Inc
WFM
| $27M | 0.01% |
868,200
-440,800
| -34% | -$13.8M |
|
|
K
795
CALL
DELISTED
Kellanova
K
| $26.9M | 0.01% |
374,454
-89,034
| -19% | -$6.15M |
|
796
CALL
Constellation Brands
STZ
$23.5B
| $26.9M | 0.01% |
178,100
+12,100
| +7% | +$1.75M |
|
797
ConocoPhillips
COP
$160B
| $26.8M | 0.01% |
666,531
+97,678
| +17% | +$3.71M |
|
798
CALL
Hewlett Packard
HPE
$69.4B
| $26.8M | 0.01% |
2,604,063
+727,451
| +39% | +$6.09M |
|
799
PUT
NVIDIA
NVDA
$5.05T
| $26.8M | 0.01% |
30,112,000
-19,928,000
| -40% | -$15.2M |
|
800
CALL
iShares MSCI Japan ETF
EWJ
$22.4B
| $26.8M | 0.01% |
577,025
-488,375
| -46% | -$22M |
|
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.