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 | |
|---|---|---|---|---|---|---|
8151
Daktronics
DAKT
$942M
| $157K | ﹤0.01% |
19,895
+6,899
| +53% | +$53K |
|
8152
PUT
Xencor
XNCR
$2.11B
| $157K | ﹤0.01% |
11,700
-7,900
| -40% | -$93.5K |
|
|
CLUB
8153
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $157K | ﹤0.01% |
54,726
+41,061
| +300% | +$59.5K |
|
|
CCC
8154
CALL
DELISTED
Calgon Carbon Corp
CCC
| $157K | ﹤0.01% |
+11,200
| New | +$171K |
|
|
XCO
8155
DELISTED
Exco Resources
XCO
| $157K | ﹤0.01% |
10,567
-802
| -7% | -$13.3K |
|
8156
CALL
Lipocine
LPCN
$17.7M
| $156K | ﹤0.01% |
906
+65
| +8% | +$11.1K |
|
|
SANW
8157
CALL
DELISTED
S&W Seed Co
SANW
| $156K | ﹤0.01% |
1,963
-300
| -13% | -$24.3K |
|
|
PRTY
8158
CALL
DELISTED
Party City Holdco Inc.
PRTY
| $156K | ﹤0.01% |
+10,400
| New | +$115K |
|
|
MTOR
8159
PUT
DELISTED
MERITOR, Inc.
MTOR
| $156K | ﹤0.01% |
+19,400
| New | +$141K |
|
|
CPXX
8160
PUT
DELISTED
CELATOR PHARMACEUTICALS INC. COMMON STOCK
CPXX
| $156K | ﹤0.01% |
+14,100
| New | +$46.2K |
|
8161
PUT
AngioDynamics
ANGO
$649M
| $155K | ﹤0.01% |
12,600
+2,300
| +22% | +$25.4K |
|
8162
PUT
Vishay Intertechnology
VSH
$4.7B
| $155K | ﹤0.01% |
12,700
-32,600
| -72% | -$375K |
|
|
INWK
8163
DELISTED
InnerWorkings, Inc.
INWK
| $155K | ﹤0.01% |
19,486
+5,681
| +41% | +$39.9K |
|
8164
Compañía de Minas Buenaventura
BVN
$9.19B
| $154K | ﹤0.01% |
20,938
-7,941
| -27% | -$40K |
|
8165
PUT
NeoGenomics
NEO
$2.23B
| $154K | ﹤0.01% |
22,900
+1,300
| +6% | +$8.55K |
|
|
SEM
8166
DELISTED
Select Medical
SEM
| $154K | ﹤0.01% |
24,189
-3,619
| -13% | -$19.4K |
|
|
AERI
8167
PUT
DELISTED
Aerie Pharmaceuticals
AERI
| $154K | ﹤0.01% |
12,700
-23,800
| -65% | -$377K |
|
|
JASO
8168
PUT
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $154K | ﹤0.01% |
17,900
-208,100
| -92% | -$1.83M |
|
|
AHGP
8169
DELISTED
Alliance Holdings GP
AHGP
| $154K | ﹤0.01% |
+10,560
| New | +$160K |
|
8170
Baytex Energy
BTE
$3.27B
| $153K | ﹤0.01% |
38,557
-82,963
| -68% | -$217K |
|
8171
PUT
Kodak
KODK
$933M
| $153K | ﹤0.01% |
14,100
-17,800
| -56% | -$174K |
|
8172
PUT
PDF Solutions
PDFS
$1.9B
| $153K | ﹤0.01% |
11,400
-2,300
| -17% | -$25.2K |
|
|
NYRT
8173
PUT
DELISTED
New York REIT, Inc.
NYRT
| $153K | ﹤0.01% |
1,510
-550
| -27% | -$55.3K |
|
8174
PUT
Clearway Energy Class C
CWEN
$6.67B
| $152K | ﹤0.01% |
10,700
-8,500
| -44% | -$112K |
|
|
GIFI
8175
PUT
DELISTED
Gulf Island Fabrication
GIFI
| $152K | ﹤0.01% |
19,400
-1,900
| -9% | -$16.6K |
|
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.