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 | |
|---|---|---|---|---|---|---|
826
WisdomTree Japan Hedged Equity Fund
DXJ
$7.22B
| $25.6M | 0.01% |
586,713
-815,220
| -58% | -$36M |
|
827
PUT
Sarepta Therapeutics
SRPT
$1.92B
| $25.6M | 0.01% |
1,310,800
+6,500
| +0.5% | +$114K |
|
828
PUT
Baxter International
BAX
$13.7B
| $25.6M | 0.01% |
622,700
-468,900
| -43% | -$17.9M |
|
|
MJN
829
CALL
DELISTED
Mead Johnson Nutrition Company
MJN
| $25.5M | 0.01% |
300,400
-86,500
| -22% | -$6.43M |
|
830
PUT
Travel + Leisure Co
TNL
$4.48B
| $25.5M | 0.01% |
739,146
+323,390
| +78% | +$10.3M |
|
831
PUT
Toyota
TM
$229B
| $25.5M | 0.01% |
239,400
-19,900
| -8% | -$2.2M |
|
832
PUT
Fluor
FLR
$6.86B
| $25.4M | 0.01% |
473,900
-94,500
| -17% | -$4.44M |
|
|
WES
833
CALL
DELISTED
Western Gas Partners Lp
WES
| $25.4M | 0.01% |
585,900
+422,600
| +259% | +$15.6M |
|
|
MMP
834
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $25.4M | 0.01% |
368,900
-69,700
| -16% | -$4.56M |
|
835
PUT
CarMax
KMX
$8.91B
| $25.4M | 0.01% |
496,100
+158,300
| +47% | +$7.47M |
|
836
PUT
Royal Bank of Canada
RY
$284B
| $25.3M | 0.01% |
440,100
-449,800
| -51% | -$23.3M |
|
837
Intuitive Surgical
ISRG
$132B
| $25.3M | 0.01% |
378,720
+326,754
| +629% | +$20.2M |
|
838
Illumina
ILMN
$33.7B
| $25.3M | 0.01% |
160,263
+152,230
| +1,895% | +$23.3M |
|
839
CALL
Cheniere Energy
LNG
$58B
| $25.2M | 0.01% |
746,200
-462,600
| -38% | -$15M |
|
|
SKX
840
PUT
DELISTED
Skechers
SKX
| $25.2M | 0.01% |
828,100
-538,100
| -39% | -$16.2M |
|
841
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $25.2M | 0.01% |
1,016,100
-178,500
| -15% | -$3.92M |
|
842
CALL
Murphy Oil
MUR
$5.16B
| $25.1M | 0.01% |
997,900
+388,300
| +64% | +$7.78M |
|
843
HP
HPQ
$26.1B
| $25.1M | 0.01% |
2,040,194
-2,931,248
| -59% | -$31.3M |
|
844
CALL
W.W. Grainger
GWW
$62.3B
| $25M | 0.01% |
107,000
-18,600
| -15% | -$3.9M |
|
|
OUTR
845
CALL
DELISTED
OUTERWALL INC
OUTR
| $24.9M | 0.01% |
674,100
+231,000
| +52% | +$7.59M |
|
|
CBI
846
DELISTED
Chicago Bridge & Iron Nv
CBI
| $24.9M | 0.01% |
679,669
-579,338
| -46% | -$20.7M |
|
847
The Mosaic Company
MOS
$7.63B
| $24.9M | 0.01% |
921,059
+24,399
| +3% | +$637K |
|
848
PUT
Wheaton Precious Metals
WPM
$72.8B
| $24.9M | 0.01% |
1,499,800
+45,900
| +3% | +$665K |
|
849
PUT
POSCO
PKX
$17.7B
| $24.9M | 0.01% |
525,300
-45,700
| -8% | -$1.81M |
|
850
CALL
Ball Corp
BALL
$17.1B
| $24.9M | 0.01% |
697,400
-2,199,800
| -76% | -$75M |
|
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.