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 | |
|---|---|---|---|---|---|---|
826
PUT
CME Group
CME
$100B
| $26M | 0.01% |
267,400
+28,200
| +12% | +$2.66M |
|
827
NetEase
NTES
$78.7B
| $26M | 0.01% |
671,675
+118,095
| +21% | +$3.67M |
|
828
PUT
BlackBerry
BB
$4.48B
| $25.9M | 0.01% |
3,858,900
-109,100
| -3% | -$762K |
|
829
CALL
Children's Place
PLCE
$58M
| $25.9M | 0.01% |
322,700
-35,100
| -10% | -$2.64M |
|
830
PUT
Domino's
DPZ
$11.5B
| $25.8M | 0.01% |
196,700
-99,100
| -34% | -$12.6M |
|
831
CALL
Alerian MLP ETF
AMLP
$13.3B
| $25.7M | 0.01% |
404,400
+88,800
| +28% | +$5.35M |
|
832
CALL
ProShares UltraShort S&P500
SDS
$399M
| $25.7M | 0.01% |
14,422
+10,091
| +233% | +$18.7M |
|
|
IOC
833
PUT
DELISTED
Interoil Corporation
IOC
| $25.7M | 0.01% |
570,400
-9,100
| -2% | -$335K |
|
|
EEP
834
CALL
DELISTED
Enbridge Energy Partners
EEP
| $25.7M | 0.01% |
1,106,000
+877,600
| +384% | +$18.6M |
|
|
JWN
835
PUT
DELISTED
Nordstrom
JWN
| $25.6M | 0.01% |
672,500
+115,800
| +21% | +$5.14M |
|
836
CALL
American Electric Power
AEP
$66.4B
| $25.6M | 0.01% |
365,000
+89,700
| +33% | +$5.87M |
|
837
Range Resources
RRC
$9.64B
| $25.4M | 0.01% |
588,336
+316,899
| +117% | +$13M |
|
838
PUT
International Paper
IP
$21.7B
| $25.3M | 0.01% |
631,066
-206,870
| -25% | -$8.22M |
|
839
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $25.2M | 0.01% |
222,800
+5,300
| +2% | +$586K |
|
840
CALL
GameStop
GME
$8.09B
| $25M | 0.01% |
3,768,400
+67,600
| +2% | +$495K |
|
841
Diageo
DEO
$53.4B
| $25M | 0.01% |
+221,554
| New | +$24M |
|
842
PUT
Cheniere Energy
LNG
$58B
| $25M | 0.01% |
666,000
-332,400
| -33% | -$11.7M |
|
843
PUT
CSX Corp
CSX
$95.3B
| $24.7M | 0.01% |
2,846,700
-411,600
| -13% | -$3.58M |
|
844
CALL
Ventas
VTR
$47.9B
| $24.7M | 0.01% |
338,800
+86,000
| +34% | +$5.67M |
|
|
WES
845
CALL
DELISTED
Western Gas Partners Lp
WES
| $24.6M | 0.01% |
489,000
-96,900
| -17% | -$4.68M |
|
|
INVN
846
PUT
DELISTED
Invensense Inc
INVN
| $24.6M | 0.01% |
4,019,700
+3,706,100
| +1,182% | +$25.6M |
|
847
PUT
Equinix
EQIX
$104B
| $24.6M | 0.01% |
63,500
-64,800
| -51% | -$22.6M |
|
848
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $24.6M | 0.01% |
200,600
+156,100
| +351% | +$18.7M |
|
849
CALL
J.M. Smucker
SJM
$13.5B
| $24.6M | 0.01% |
161,400
+86,500
| +115% | +$11.5M |
|
850
PUT
Danaher
DHR
$151B
| $24.6M | 0.01% |
361,841
+55,050
| +18% | +$3.6M |
|
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.