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 |
Apple
AAPL
|
+$940M |
| 2 |
SPDR Gold Trust
GLD
|
+$375M |
| 3 |
Citigroup
C
|
+$202M |
| 4 |
Gilead Sciences
GILD
|
+$150M |
| 5 |
Macy's
M
|
+$81.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.28B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$700M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$500M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$396M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.75% |
| 2 | Financials | 1.43% |
| 3 | Consumer Discretionary | 0.87% |
| 4 | Healthcare | 0.87% |
| 5 | Energy | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
PUT
Ralph Lauren
RL
$22.1B
| $27.1M | 0.01% |
302,100
+13,100
| +5% | +$1.22M |
|
802
CALL
Waste Management
WM
$90.5B
| $27M | 0.01% |
407,900
-110,800
| -21% | -$6.69M |
|
803
Alcoa
AA
$13B
| $27M | 0.01% |
1,210,138
-1,073,649
| -47% | -$25.1M |
|
804
CALL
Dominion Energy
D
$58.6B
| $26.9M | 0.01% |
345,200
+69,100
| +25% | +$5.01M |
|
805
CALL
Sherwin-Williams
SHW
$84.2B
| $26.9M | 0.01% |
274,500
-82,500
| -23% | -$8.04M |
|
806
PUT
Teck Resources
TECK
$34.4B
| $26.8M | 0.01% |
2,037,600
+232,200
| +13% | +$2.4M |
|
807
CALL
Oneok
OKE
$58.6B
| $26.8M | 0.01% |
565,400
+347,500
| +159% | +$13.8M |
|
|
WWAV
808
CALL
DELISTED
The WhiteWave Foods Company
WWAV
| $26.7M | 0.01% |
569,800
-3,300
| -0.6% | -$142K |
|
|
RHT
809
CALL
DELISTED
Red Hat Inc
RHT
| $26.7M | 0.01% |
368,100
+105,000
| +40% | +$7.87M |
|
|
P
810
DELISTED
Pandora Media Inc
P
| $26.6M | 0.01% |
2,138,172
+625,857
| +41% | +$6.5M |
|
|
RSX
811
CALL
DELISTED
VanEck Russia ETF
RSX
| $26.6M | 0.01% |
1,526,600
+337,200
| +28% | +$5.76M |
|
812
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $26.6M | 0.01% |
693,300
+97,400
| +16% | +$3.85M |
|
813
CALL
Zillow
ZG
$8.53B
| $26.6M | 0.01% |
724,600
+325,300
| +81% | +$9.24M |
|
814
CALL
Martin Marietta Materials
MLM
$32B
| $26.5M | 0.01% |
138,200
-60,100
| -30% | -$10.7M |
|
815
PUT
Enterprise Products Partners
EPD
$82.8B
| $26.5M | 0.01% |
905,000
-695,900
| -43% | -$18.7M |
|
816
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $26.4M | 0.01% |
538,219
+361,667
| +205% | +$19.6M |
|
817
CALL
Harley-Davidson
HOG
$2.94B
| $26.4M | 0.01% |
583,800
-74,300
| -11% | -$3.42M |
|
818
CALL
Nucor
NUE
$55.5B
| $26.4M | 0.01% |
534,300
+20,500
| +4% | +$999K |
|
819
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $26.4M | 0.01% |
846,743
+175,051
| +26% | +$5.79M |
|
820
iShares MSCI Germany ETF
EWG
$1.72B
| $26.4M | 0.01% |
1,095,749
+718,070
| +190% | +$18.3M |
|
821
Palo Alto Networks
PANW
$286B
| $26.2M | 0.01% |
1,282,032
+750,084
| +141% | +$17.4M |
|
822
CALL
Cardinal Health
CAH
$54B
| $26.2M | 0.01% |
335,600
+109,400
| +48% | +$8.72M |
|
823
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $26.1M | 0.01% |
1,032,400
-70,800
| -6% | -$1.84M |
|
824
PUT
Deutsche Bank
DB
$72.2B
| $26.1M | 0.01% |
2,126,880
+1,191,568
| +127% | +$17.9M |
|
825
Nokia
NOK
$55.6B
| $26.1M | 0.01% |
4,580,488
+2,680,530
| +141% | +$15.2M |
|
Similar funds
Jeff Yass's Q2 2016 Portfolio in Review
As of Q2 2016, Jeff Yass held 10,185 positions worth $187B, down 0.75% from $188B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass's Q2 2016 filing shows 1,269 new, 3,519 increased, 3,507 reduced and 1,718 closed positions. Its largest new stake was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $7.28B.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- Jeff Yass's largest Q2 2016 buy was Vanguard Long-Term Bond ETF: 484,542 shares worth $47.5M.
- Jeff Yass added most to Apple in Q2 2016, an estimated $940M increase.
- Jeff Yass's biggest Q2 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $7.28B.
- Jeff Yass fully exited iShares MSCI Emerging Markets ETF in Q2 2016, selling an estimated $700M.
- Jeff Yass's ten largest holdings make up 24% of its $187B portfolio in Q2 2016.
- Jeff Yass opened 1,269 new positions and closed 1,718 in Q2 2016.
- Jeff Yass's portfolio value fell 0.75% quarter-over-quarter to $187B.
Based on Susquehanna International Group's 13F filing for Q2 2016, filed 15 Aug 2016.