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 | |
|---|---|---|---|---|---|---|
8126
PUT
Oaktree Specialty Lending
OCSL
$1.15B
| $163K | ﹤0.01% |
10,800
-4,600
| -30% | -$72K |
|
|
AGEN
8127
PUT
Agenus
AGEN
$371M
| $162K | ﹤0.01% |
1,987
+703
| +55% | +$47.4K |
|
8128
LSB Industries
LXU
$749M
| $162K | ﹤0.01% |
16,501
-76,661
| -82% | -$444K |
|
8129
CALL
USA Compression Partners
USAC
$3.92B
| $162K | ﹤0.01% |
13,800
-13,300
| -49% | -$130K |
|
|
HIL
8130
DELISTED
Hill International, Inc. Common Stock
HIL
| $162K | ﹤0.01% |
48,104
-58,777
| -55% | -$191K |
|
8131
PUT
Costamare
CMRE
$1.79B
| $161K | ﹤0.01% |
18,100
-26,100
| -59% | -$204K |
|
8132
CTS Corp
CTS
$1.63B
| $161K | ﹤0.01% |
10,240
-21,443
| -68% | -$321K |
|
8133
Diamondrock Hospitality Co
DRH
$2.58B
| $161K | ﹤0.01% |
15,863
-206,378
| -93% | -$1.83M |
|
8134
Fortuna Silver Mines
FSM
$3.67B
| $161K | ﹤0.01% |
41,354
+17,173
| +71% | +$54.7K |
|
|
MATR
8135
DELISTED
Mattersight Corp.
MATR
| $161K | ﹤0.01% |
40,211
-8,996
| -18% | -$43.5K |
|
|
TCF
8136
CALL
DELISTED
TCF Financial Corporation
TCF
| $161K | ﹤0.01% |
13,100
-6,500
| -33% | -$78K |
|
8137
CALL
Ericsson
ERIC
$32.9B
| $160K | ﹤0.01% |
16,000
-29,400
| -65% | -$271K |
|
8138
Karyopharm Therapeutics
KPTI
$44.5M
| $160K | ﹤0.01% |
1,195
-917
| -43% | -$101K |
|
|
PDLI
8139
DELISTED
PDL BioPharma, Inc.
PDLI
| $160K | ﹤0.01% |
47,941
-58,593
| -55% | -$183K |
|
8140
CALL
Medallion Financial
MFIN
$269M
| $159K | ﹤0.01% |
17,200
-6,100
| -26% | -$46.6K |
|
8141
CALL
OFG Bancorp
OFG
$2.21B
| $159K | ﹤0.01% |
22,800
-15,500
| -40% | -$94.7K |
|
8142
CPI Card Group
PMTS
$328M
| $159K | ﹤0.01% |
3,868
-9,615
| -71% | -$401K |
|
|
CSII
8143
DELISTED
Cardiovascular Systems, Inc.
CSII
| $159K | ﹤0.01% |
15,317
-9,534
| -38% | -$96.5K |
|
|
CARB
8144
PUT
DELISTED
Carbonite Inc
CARB
| $159K | ﹤0.01% |
20,000
| – | – |
|
|
DEST
8145
PUT
DELISTED
Destination Maternity Corporation
DEST
| $159K | ﹤0.01% |
+23,200
| New | +$174K |
|
|
ADVM
8146
CALL
DELISTED
Adverum Biotechnologies
ADVM
| $158K | ﹤0.01% |
3,060
+640
| +26% | +$35.7K |
|
8147
KRONOS Worldwide
KRO
$1.01B
| $158K | ﹤0.01% |
27,600
-119,582
| -81% | -$623K |
|
|
VRN
8148
PUT
DELISTED
Veren
VRN
| $158K | ﹤0.01% |
+11,400
| New | +$132K |
|
|
ZAGG
8149
CALL
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $158K | ﹤0.01% |
17,500
-19,800
| -53% | -$189K |
|
|
RKUS
8150
CALL
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $158K | ﹤0.01% |
16,100
+2,900
| +22% | +$26.8K |
|
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.