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 | |
|---|---|---|---|---|---|---|
851
PUT
Canadian Pacific Kansas City
CP
$83.2B
| $24.9M | 0.01% |
936,500
+278,000
| +42% | +$6.78M |
|
852
Southwest Airlines
LUV
$19.9B
| $24.8M | 0.01% |
554,570
-137,278
| -20% | -$5.59M |
|
853
Prudential Financial
PRU
$42.3B
| $24.8M | 0.01% |
343,120
+106,506
| +45% | +$7.43M |
|
854
iShares Russell 2000 Growth ETF
IWO
$15B
| $24.8M | 0.01% |
186,758
+81,660
| +78% | +$10.2M |
|
|
RTN
855
DELISTED
Raytheon Company
RTN
| $24.8M | 0.01% |
201,931
-50,903
| -20% | -$6.27M |
|
856
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $24.8M | 0.01% |
94,218
-342,087
| -78% | -$83.3M |
|
857
PUT
Sturm, Ruger & Co
RGR
$615M
| $24.6M | 0.01% |
360,400
+113,700
| +46% | +$7.41M |
|
858
CALL
Ecolab
ECL
$80.4B
| $24.6M | 0.01% |
220,700
+134,900
| +157% | +$14.3M |
|
|
859
CALL
Canadian Pacific Kansas City
CP
$83.2B
| $24.6M | 0.01% |
927,000
-161,500
| -15% | -$3.94M |
|
860
CALL
Stryker
SYK
$126B
| $24.6M | 0.01% |
229,100
+54,700
| +31% | +$5.39M |
|
861
CALL
iShares S&P 500 Growth ETF
IVW
$75.6B
| $24.6M | 0.01% |
848,000
+785,200
| +1,250% | +$21.6M |
|
862
CALL
Cboe Global Markets
CBOE
$32.2B
| $24.5M | 0.01% |
374,400
+32,700
| +10% | +$2.09M |
|
863
PUT
NOV
NOV
$7.04B
| $24.4M | 0.01% |
786,100
-435,900
| -36% | -$13.3M |
|
864
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $24.4M | 0.01% |
1,089,222
-1,320,776
| -55% | -$27.4M |
|
865
POSCO
PKX
$17.7B
| $24.4M | 0.01% |
514,948
+406,396
| +374% | +$16.1M |
|
866
PUT
ArcelorMittal
MT
$54.8B
| $24.3M | 0.01% |
1,770,367
+1,192,825
| +207% | +$11.5M |
|
867
CALL
Nucor
NUE
$55.5B
| $24.3M | 0.01% |
513,800
-192,500
| -27% | -$7.83M |
|
868
CALL
Five Below
FIVE
$14.5B
| $24.3M | 0.01% |
587,200
-22,200
| -4% | -$811K |
|
|
CTXS
869
CALL
DELISTED
Citrix Systems Inc
CTXS
| $24.2M | 0.01% |
387,038
+3,642
| +0.9% | +$206K |
|
870
CALL
Melco Resorts & Entertainment
MLCO
$2.08B
| $24.2M | 0.01% |
1,466,500
-1,056,500
| -42% | -$16M |
|
871
United Airlines
UAL
$36.9B
| $24.2M | 0.01% |
403,684
+351,697
| +677% | +$18.7M |
|
872
Brown-Forman Class B
BF.B
$13.2B
| $24.1M | 0.01% |
765,066
-271,109
| -26% | -$8.38M |
|
|
MDVN
873
PUT
DELISTED
MEDIVATION, INC.
MDVN
| $24.1M | 0.01% |
524,200
-134,400
| -20% | -$4.87M |
|
874
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $24.1M | 0.01% |
1,234,789
+57,443
| +5% | +$1.05M |
|
875
Union Pacific
UNP
$184B
| $24M | 0.01% |
301,749
-317,246
| -51% | -$24.5M |
|
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.