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 | |
|---|---|---|---|---|---|---|
876
PUT
Universal Display
OLED
$3.89B
| $23.2M | 0.01% |
341,700
+152,300
| +80% | +$9.36M |
|
877
Las Vegas Sands
LVS
$30.4B
| $23.2M | 0.01% |
532,572
+191,489
| +56% | +$8.95M |
|
|
RFAP
878
DELISTED
First Trust RiverFront Dynamic Asia Pacific ETF
RFAP
| $23.2M | 0.01% |
+471,204
| New | +$23.9M |
|
879
CALL
Akamai
AKAM
$15.2B
| $23.1M | 0.01% |
413,900
+117,800
| +40% | +$6.2M |
|
880
PUT
YPF Sociedad Anonima ADS
YPF
$20.1B
| $23.1M | 0.01% |
1,204,800
+347,500
| +41% | +$6.91M |
|
|
TEP
881
CALL
DELISTED
Tallgrass Energy Partners, LP
TEP
| $23.1M | 0.01% |
502,500
+96,800
| +24% | +$4.19M |
|
882
CALL
Travelers Companies
TRV
$77.3B
| $23.1M | 0.01% |
193,900
+37,700
| +24% | +$4.26M |
|
|
HOT
883
PUT
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $23M | 0.01% |
311,400
-391,700
| -56% | -$30.1M |
|
|
DISH
884
DELISTED
DISH Network Corp.
DISH
| $23M | 0.01% |
438,950
+188,696
| +75% | +$9.22M |
|
885
CALL
Lam Research
LRCX
$388B
| $22.9M | 0.01% |
2,727,000
-1,274,000
| -32% | -$10.2M |
|
886
CALL
iShares Russell 1000 Value ETF
IWD
$84.3B
| $22.9M | 0.01% |
221,800
+76,700
| +53% | +$7.74M |
|
|
AUY
887
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $22.9M | 0.01% |
4,397,700
+215,900
| +5% | +$968K |
|
888
Goldman Sachs
GS
$302B
| $22.8M | 0.01% |
153,707
-939,203
| -86% | -$147M |
|
889
PUT
Aflac
AFL
$59.3B
| $22.8M | 0.01% |
632,600
+301,200
| +91% | +$10.3M |
|
890
Franklin US Core Dividend Tilt Index ETF
UDIV
$147M
| $22.8M | 0.01% |
+876,337
| New | +$22.6M |
|
891
PUT
Molson Coors Class B
TAP
$8.02B
| $22.8M | 0.01% |
225,100
+118,400
| +111% | +$11.6M |
|
892
PUT
PPG Industries
PPG
$25.2B
| $22.7M | 0.01% |
217,800
+156,300
| +254% | +$17.1M |
|
893
PUT
TJX Companies
TJX
$155B
| $22.7M | 0.01% |
587,000
+368,000
| +168% | +$14M |
|
894
PUT
Crown Castle
CCI
$32.5B
| $22.6M | 0.01% |
223,000
+184,000
| +472% | +$16.7M |
|
|
SWN
895
CALL
DELISTED
Southwestern Energy Company
SWN
| $22.6M | 0.01% |
1,797,700
+524,400
| +41% | +$6.36M |
|
896
PUT
Plains All American Pipeline
PAA
$17.6B
| $22.5M | 0.01% |
819,800
-217,000
| -21% | -$5.25M |
|
897
CALL
Ross Stores
ROST
$77.5B
| $22.5M | 0.01% |
397,300
+135,700
| +52% | +$7.54M |
|
898
Gen Digital
GEN
$17.4B
| $22.4M | 0.01% |
1,090,742
+271,423
| +33% | +$4.89M |
|
899
MetLife
MET
$61.1B
| $22.4M | 0.01% |
630,322
-446,175
| -41% | -$17.4M |
|
900
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$60.6M
| $22.4M | 0.01% |
+448,376
| New | +$21.9M |
|
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.