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 | |
|---|---|---|---|---|---|---|
|
DFRG
8101
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $167K | ﹤0.01% |
10,073
-25,874
| -72% | -$407K |
|
|
KEYW
8102
DELISTED
The KEYW Holding Corporation
KEYW
| $167K | ﹤0.01% |
25,106
-5,500
| -18% | -$30.4K |
|
|
EVEP
8103
DELISTED
EV Energy Partners, L.P.
EVEP
| $167K | ﹤0.01% |
86,211
+34,669
| +67% | +$74.9K |
|
|
NAME
8104
DELISTED
Rightside Group, Ltd.
NAME
| $167K | ﹤0.01% |
+20,760
| New | +$175K |
|
|
XUE
8105
PUT
DELISTED
XUEDA EDUCATION GROUP ADS REPTG 2 ORD SHS
XUE
| $167K | ﹤0.01% |
31,000
-12,100
| -28% | -$64.9K |
|
8106
CALL
Manchester United
MANU
$4.05B
| $166K | ﹤0.01% |
11,500
+700
| +6% | +$10.4K |
|
8107
CALL
NatWest
NWG
$74.5B
| $166K | ﹤0.01% |
24,143
-23,121
| -49% | -$175K |
|
8108
PUT
Old National Bancorp
ONB
$9.86B
| $166K | ﹤0.01% |
+13,600
| New | +$160K |
|
8109
Rockwell Medical
RMTI
$31.9M
| $166K | ﹤0.01% |
200
-2,916
| -94% | -$2.29M |
|
|
MTSN
8110
DELISTED
MATTSON TECHNOLOGY INC
MTSN
| $166K | ﹤0.01% |
45,338
+4,382
| +11% | +$15.5K |
|
8111
Cousins Properties
CUZ
$4.87B
| $165K | ﹤0.01% |
5,646
-11,264
| -67% | -$287K |
|
8112
Genie Energy
GNE
$395M
| $165K | ﹤0.01% |
21,671
-5,100
| -19% | -$43.9K |
|
8113
ImmunityBio
IBRX
$8.74B
| $165K | ﹤0.01% |
20,047
+8,906
| +80% | +$83.9K |
|
8114
Mitsubishi UFJ Financial
MUFG
$253B
| $165K | ﹤0.01% |
36,003
-173,267
| -83% | -$845K |
|
8115
PUT
American Superconductor
AMSC
$1.43B
| $164K | ﹤0.01% |
21,600
-22,500
| -51% | -$151K |
|
|
AVDL
8116
DELISTED
Avadel Pharmaceuticals
AVDL
| $164K | ﹤0.01% |
+14,829
| New | +$147K |
|
8117
Celestica
CLS
$38.8B
| $164K | ﹤0.01% |
14,903
-80,017
| -84% | -$809K |
|
8118
FreightCar America
RAIL
$238M
| $164K | ﹤0.01% |
10,540
-31,434
| -75% | -$543K |
|
|
AREX
8119
PUT
DELISTED
Approach Resources Inc.
AREX
| $164K | ﹤0.01% |
141,300
-142,200
| -50% | -$162K |
|
|
CIE
8120
PUT
DELISTED
Cobalt International Energy, Inc
CIE
| $164K | ﹤0.01% |
3,687
-31,480
| -90% | -$1.5M |
|
|
PFSW
8121
DELISTED
PFSweb, Inc.
PFSW
| $164K | ﹤0.01% |
+12,506
| New | +$155K |
|
8122
PUT
Central Garden & Pet Co
CENT
$2.77B
| $163K | ﹤0.01% |
12,500
-8,375
| -40% | -$94.9K |
|
8123
CALL
Cytosorbents Corp
CTSO
$22.6M
| $163K | ﹤0.01% |
41,500
-78,900
| -66% | -$342K |
|
8124
CALL
iShares MSCI Italy ETF
EWI
$1.13B
| $163K | ﹤0.01% |
6,700
-44,900
| -87% | -$1.08M |
|
8125
PUT
New York Times
NYT
$11B
| $163K | ﹤0.01% |
13,100
-9,900
| -43% | -$125K |
|
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 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.