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 | |
|---|---|---|---|---|---|---|
851
CALL
Incyte
INCY
$25.9B
| $24.6M | 0.01% |
307,100
+49,000
| +19% | +$3.8M |
|
852
CALL
Novartis
NVS
$300B
| $24.5M | 0.01% |
332,010
+76,669
| +30% | +$5.3M |
|
853
CALL
BHP
BHP
$247B
| $24.5M | 0.01% |
961,370
-665,762
| -41% | -$16.6M |
|
854
CALL
Five Below
FIVE
$14.5B
| $24.5M | 0.01% |
527,700
-59,500
| -10% | -$2.49M |
|
855
PUT
Fluor
FLR
$6.86B
| $24.3M | 0.01% |
494,000
+20,100
| +4% | +$1.05M |
|
856
CALL
HP
HPQ
$26.1B
| $24.3M | 0.01% |
1,934,100
-187,100
| -9% | -$2.33M |
|
|
SKX
857
PUT
DELISTED
Skechers
SKX
| $24.3M | 0.01% |
816,300
-11,800
| -1% | -$356K |
|
|
P
858
PUT
DELISTED
Pandora Media Inc
P
| $24.2M | 0.01% |
1,947,400
-205,400
| -10% | -$2.13M |
|
859
CALL
Olin
OLN
$2B
| $24.1M | 0.01% |
971,000
+504,700
| +108% | +$10.9M |
|
860
PUT
GameStop
GME
$8.09B
| $24.1M | 0.01% |
3,626,800
-2,601,200
| -42% | -$19M |
|
861
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $24.1M | 0.01% |
213,300
-124,600
| -37% | -$13.8M |
|
862
PUT
iShares MSCI Mexico ETF
EWW
$1.79B
| $24.1M | 0.01% |
477,800
-55,000
| -10% | -$2.8M |
|
863
PUT
HF Sinclair
DINO
$16.9B
| $24M | 0.01% |
1,011,600
+559,700
| +124% | +$16.7M |
|
864
PUT
Kroger
KR
$36.2B
| $23.9M | 0.01% |
650,100
-180,000
| -22% | -$6.48M |
|
865
PUT
Arista Networks
ANET
$237B
| $23.9M | 0.01% |
5,934,400
+668,800
| +13% | +$2.84M |
|
866
PUT
NOV
NOV
$7.04B
| $23.9M | 0.01% |
709,100
-77,000
| -10% | -$2.47M |
|
|
CXO
867
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $23.9M | 0.01% |
200,000
-128,500
| -39% | -$14.9M |
|
868
CALL
Nordic American Tanker
NAT
$1.48B
| $23.6M | 0.01% |
1,714,507
+220,449
| +15% | +$3.21M |
|
|
CTXS
869
CALL
DELISTED
Citrix Systems Inc
CTXS
| $23.6M | 0.01% |
370,210
-16,828
| -4% | -$1.11M |
|
870
iShares Russell 1000 Value ETF
IWD
$84.3B
| $23.5M | 0.01% |
227,404
+66,567
| +41% | +$6.72M |
|
|
GWPH
871
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $23.5M | 0.01% |
256,300
+4,400
| +2% | +$370K |
|
872
CALL
Yelp
YELP
$1.29B
| $23.5M | 0.01% |
772,900
+27,700
| +4% | +$674K |
|
873
PUT
Cleveland-Cliffs
CLF
$6.45B
| $23.4M | 0.01% |
4,131,200
+1,235,100
| +43% | +$5.08M |
|
|
ENDP
874
PUT
DELISTED
Endo International plc
ENDP
| $23.3M | 0.01% |
1,496,600
+762,400
| +104% | +$15.8M |
|
875
PUT
Diamondback Energy
FANG
$57.6B
| $23.3M | 0.01% |
255,400
+72,900
| +40% | +$6.3M |
|
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.