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 | |
|---|---|---|---|---|---|---|
901
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.5B
| $22.3M | 0.01% |
725,354
+640,204
| +752% | +$19.6M |
|
902
PUT
Tapestry
TPR
$26.4B
| $22.3M | 0.01% |
547,900
+97,800
| +22% | +$3.85M |
|
903
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$401M
| $22.3M | 0.01% |
145,880
+28,320
| +24% | +$4.1M |
|
904
CALL
Eastman Chemical
EMN
$8.31B
| $22.2M | 0.01% |
326,800
+61,800
| +23% | +$4.54M |
|
|
DRII
905
PUT
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $22.2M | 0.01% |
739,800
+81,200
| +12% | +$1.84M |
|
906
CALL
BioMarin Pharmaceuticals
BMRN
$12.6B
| $22.1M | 0.01% |
283,800
-40,300
| -12% | -$3.43M |
|
|
TTM
907
CALL
DELISTED
Tata Motors Limited
TTM
| $22M | 0.01% |
635,100
+180,800
| +40% | +$5.66M |
|
908
Ambarella
AMBA
$3.07B
| $22M | 0.01% |
432,904
+41,094
| +10% | +$1.82M |
|
909
Cigna
CI
$74.1B
| $22M | 0.01% |
171,788
+145,027
| +542% | +$19.1M |
|
910
PUT
CNX Resources
CNX
$5.4B
| $22M | 0.01% |
1,638,720
-297,600
| -15% | -$3.48M |
|
911
United States Oil Fund
USO
$2.07B
| $22M | 0.01% |
237,287
+6,594
| +3% | +$590K |
|
912
PUT
Stryker
SYK
$126B
| $22M | 0.01% |
183,200
+144,800
| +377% | +$16.2M |
|
913
CALL
Vale
VALE
$64B
| $21.9M | 0.01% |
4,333,100
+1,248,700
| +40% | +$5.84M |
|
914
CALL
Wayfair
W
$14.1B
| $21.9M | 0.01% |
561,800
+67,100
| +14% | +$2.68M |
|
915
CALL
Travel + Leisure Co
TNL
$4.48B
| $21.8M | 0.01% |
679,341
+360,602
| +113% | +$11.5M |
|
|
DATA
916
CALL
DELISTED
Tableau Software, Inc.
DATA
| $21.8M | 0.01% |
446,400
-7,000
| -2% | -$351K |
|
917
PUT
Air Products & Chemicals
APD
$68.2B
| $21.8M | 0.01% |
165,609
-152,313
| -48% | -$20.3M |
|
918
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $21.7M | 0.01% |
984,000
-858,000
| -47% | -$18.4M |
|
919
PUT
Opko Health
OPK
$1.1B
| $21.6M | 0.01% |
2,316,500
+288,300
| +14% | +$2.93M |
|
920
CALL
Chubb
CB
$133B
| $21.6M | 0.01% |
165,400
-23,600
| -12% | -$2.91M |
|
|
RSX
921
DELISTED
VanEck Russia ETF
RSX
| $21.6M | 0.01% |
1,240,972
+222,143
| +22% | +$3.79M |
|
|
MNDT
922
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $21.6M | 0.01% |
1,309,400
-821,200
| -39% | -$13.3M |
|
923
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $21.5M | 0.01% |
1,065,897
-168,892
| -14% | -$3.31M |
|
|
CBI
924
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $21.5M | 0.01% |
621,100
+132,500
| +27% | +$4.89M |
|
|
FIT
925
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $21.5M | 0.01% |
1,757,000
-44,100
| -2% | -$653K |
|
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.