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 | |
|---|---|---|---|---|---|---|
801
CALL
BioMarin Pharmaceuticals
BMRN
$12.6B
| $26.7M | 0.01% |
324,100
-348,100
| -52% | -$28.3M |
|
802
PUT
Rio Tinto
RIO
$170B
| $26.7M | 0.01% |
944,200
+264,600
| +39% | +$7.04M |
|
803
Vanguard FTSE Europe ETF
VGK
$31.1B
| $26.6M | 0.01% |
548,400
+433,376
| +377% | +$20.3M |
|
804
CALL
Kroger
KR
$36.2B
| $26.6M | 0.01% |
695,200
-80,400
| -10% | -$3.1M |
|
805
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $26.5M | 0.01% |
1,359,200
+465,300
| +52% | +$8.49M |
|
806
PUT
Harley-Davidson
HOG
$2.94B
| $26.5M | 0.01% |
516,600
-148,700
| -22% | -$6.49M |
|
|
MJN
807
DELISTED
Mead Johnson Nutrition Company
MJN
| $26.4M | 0.01% |
311,120
+83,383
| +37% | +$6.2M |
|
808
Energy Transfer Partners
ET
$72.6B
| $26.4M | 0.01% |
3,698,057
-218,650
| -6% | -$1.72M |
|
809
PUT
Abercrombie & Fitch
ANF
$4.99B
| $26.3M | 0.01% |
833,100
-1,111,200
| -57% | -$31.2M |
|
810
CALL
Zoetis
ZTS
$31.9B
| $26.3M | 0.01% |
592,700
+31,300
| +6% | +$1.33M |
|
811
PUT
VanEck Oil Services ETF
OIH
$1.94B
| $26.3M | 0.01% |
49,335
-52,355
| -51% | -$25.7M |
|
812
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $26.2M | 0.01% |
789,500
+443,700
| +128% | +$14.2M |
|
813
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $26.2M | 0.01% |
774,600
+69,300
| +10% | +$2.15M |
|
814
CALL
Dollar General
DG
$27.6B
| $26.2M | 0.01% |
305,700
+13,600
| +5% | +$1.03M |
|
|
GG
815
DELISTED
Goldcorp Inc
GG
| $26.1M | 0.01% |
1,611,066
-913,364
| -36% | -$12.7M |
|
816
CALL
HP
HPQ
$26.1B
| $26.1M | 0.01% |
2,121,200
+71,000
| +3% | +$759K |
|
817
CALL
Royal Gold
RGLD
$22.3B
| $26.1M | 0.01% |
509,100
+440,600
| +643% | +$18M |
|
818
PUT
JD.com
JD
$39.4B
| $26M | 0.01% |
982,100
-590,900
| -38% | -$15.5M |
|
819
American International
AIG
$40.5B
| $26M | 0.01% |
481,245
-1,043,358
| -68% | -$56.4M |
|
820
Western Digital
WDC
$157B
| $26M | 0.01% |
727,829
-144,985
| -17% | -$5.19M |
|
821
PUT
Dollar Tree
DLTR
$26.3B
| $26M | 0.01% |
314,900
-193,300
| -38% | -$15.2M |
|
|
VIAB
822
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $25.9M | 0.01% |
627,400
+54,100
| +9% | +$2.15M |
|
823
CALL
Core Laboratories
CLB
$553M
| $25.9M | 0.01% |
230,300
-9,400
| -4% | -$977K |
|
824
PUT
ServiceNow
NOW
$132B
| $25.8M | 0.01% |
2,111,500
+29,500
| +1% | +$374K |
|
825
PUT
McKesson
MCK
$102B
| $25.8M | 0.01% |
164,100
-210,200
| -56% | -$34M |
|
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.