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 | |
|---|---|---|---|---|---|---|
901
PUT
Yelp
YELP
$1.29B
| $23M | 0.01% |
1,158,200
-1,089,900
| -48% | -$22.3M |
|
902
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $23M | 0.01% |
289,400
-18,200
| -6% | -$1.65M |
|
903
CALL
GoPro
GPRO
$111M
| $23M | 0.01% |
1,921,900
-945,000
| -33% | -$11.7M |
|
904
PUT
CME Group
CME
$100B
| $23M | 0.01% |
239,200
-264,000
| -52% | -$24M |
|
905
PUT
VanEck Semiconductor ETF
SMH
$64.8B
| $22.9M | 0.01% |
832,800
-138,800
| -14% | -$3.5M |
|
906
PUT
Lumen
LUMN
$5.85B
| $22.9M | 0.01% |
715,900
-140,400
| -16% | -$3.94M |
|
907
PUT
Royal Caribbean
RCL
$78.4B
| $22.8M | 0.01% |
277,400
-130,200
| -32% | -$10.2M |
|
908
CALL
Jazz Pharmaceuticals
JAZZ
$16.5B
| $22.8M | 0.01% |
174,400
-61,800
| -26% | -$7.69M |
|
909
Outfront Media
OUT
$5.36B
| $22.7M | 0.01% |
1,094,620
-39,701
| -3% | -$806K |
|
|
SHPG
910
DELISTED
Shire pic
SHPG
| $22.7M | 0.01% |
131,835
+111,977
| +564% | +$18.8M |
|
911
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $22.6M | 0.01% |
571,154
+62,584
| +12% | +$2.33M |
|
|
BSCG
912
DELISTED
Guggenheim BulletShares 2016 Corporate Bond ETF
BSCG
| $22.6M | 0.01% |
1,023,114
+887,414
| +654% | +$19.6M |
|
|
913
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $22.6M | 0.01% |
283,900
-39,600
| -12% | -$3.58M |
|
|
AGU
914
CALL
DELISTED
Agrium
AGU
| $22.5M | 0.01% |
255,100
-102,100
| -29% | -$8.82M |
|
915
CALL
Chubb
CB
$133B
| $22.5M | 0.01% |
189,000
-116,300
| -38% | -$13.4M |
|
|
GAP
916
PUT
The Gap Inc
GAP
$7.33B
| $22.5M | 0.01% |
765,800
-92,700
| -11% | -$2.44M |
|
917
CALL
PPG Industries
PPG
$25.2B
| $22.5M | 0.01% |
201,900
-78,400
| -28% | -$7.71M |
|
918
CALL
Universal Display
OLED
$3.89B
| $22.5M | 0.01% |
415,000
+240,400
| +138% | +$11.7M |
|
|
CTRA
919
PUT
DELISTED
Coterra Energy
CTRA
| $22.4M | 0.01% |
988,400
+329,900
| +50% | +$6.62M |
|
920
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $22.4M | 0.01% |
595,900
-1,006,200
| -63% | -$37M |
|
921
CALL
Royal Bank of Canada
RY
$284B
| $22.4M | 0.01% |
389,300
+29,800
| +8% | +$1.54M |
|
922
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $22.3M | 0.01% |
671,692
+564,752
| +528% | +$18.1M |
|
923
APA Corp
APA
$15.1B
| $22.3M | 0.01% |
457,183
-128,493
| -22% | -$5.34M |
|
924
CALL
TotalEnergies
TTE
$198B
| $22.3M | 0.01% |
490,400
+150,700
| +44% | +$6.64M |
|
925
PUT
O'Reilly Automotive
ORLY
$73.4B
| $22.2M | 0.01% |
1,218,000
-115,500
| -9% | -$1.97M |
|
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.