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 | |
|---|---|---|---|---|---|---|
|
MJN
926
CALL
DELISTED
Mead Johnson Nutrition Company
MJN
| $21.4M | 0.01% |
235,700
-64,700
| -22% | -$5.48M |
|
927
CALL
iShares MSCI Japan ETF
EWJ
$22.4B
| $21.4M | 0.01% |
460,575
-116,450
| -20% | -$5.42M |
|
928
Nike
NKE
$60.5B
| $21.3M | 0.01% |
385,670
-250,554
| -39% | -$14.3M |
|
929
CALL
Zoetis
ZTS
$31.9B
| $21.2M | 0.01% |
447,600
-145,100
| -24% | -$6.85M |
|
930
PUT
T-Mobile US
TMUS
$196B
| $21.2M | 0.01% |
489,900
-73,700
| -13% | -$3.02M |
|
931
PUT
Bank of Montreal
BMO
$121B
| $21.2M | 0.01% |
333,900
+236,100
| +241% | +$15M |
|
932
CALL
United States Natural Gas Fund
UNG
$511M
| $21.1M | 0.01% |
152,963
+41,213
| +37% | +$4.71M |
|
933
iShares Russell 3000 ETF
IWV
$20.2B
| $21.1M | 0.01% |
170,391
+83,862
| +97% | +$10.3M |
|
934
PUT
Avis
CAR
$5.19B
| $21.1M | 0.01% |
653,500
+350,500
| +116% | +$9.68M |
|
935
PUT
Autodesk
ADSK
$53.7B
| $21.1M | 0.01% |
388,800
+44,200
| +13% | +$2.56M |
|
936
PUT
Zillow
ZG
$8.53B
| $21M | 0.01% |
574,000
+137,600
| +32% | +$3.91M |
|
|
BNY
937
PUT
Bank of New York Mellon
BNY
$110B
| $21M | 0.01% |
540,200
+258,200
| +92% | +$10.3M |
|
|
PXD
938
DELISTED
Pioneer Natural Resource Co.
PXD
| $21M | 0.01% |
138,632
+35,459
| +34% | +$5.56M |
|
|
CERN
939
CALL
DELISTED
Cerner Corp
CERN
| $21M | 0.01% |
357,600
+57,600
| +19% | +$3.21M |
|
|
CBI
940
DELISTED
Chicago Bridge & Iron Nv
CBI
| $20.8M | 0.01% |
600,316
-79,353
| -12% | -$2.93M |
|
941
CALL
Northrop Grumman
NOC
$78B
| $20.8M | 0.01% |
93,500
-2,400
| -3% | -$505K |
|
942
CALL
Kohl's
KSS
$2.08B
| $20.8M | 0.01% |
547,700
+291,900
| +114% | +$11.6M |
|
943
PUT
Cal-Maine
CALM
$3.95B
| $20.7M | 0.01% |
467,700
-284,000
| -38% | -$13.4M |
|
944
PUT
W.W. Grainger
GWW
$62.3B
| $20.7M | 0.01% |
91,100
+10,300
| +13% | +$2.35M |
|
945
PUT
Clorox
CLX
$13B
| $20.7M | 0.01% |
149,500
+37,800
| +34% | +$4.9M |
|
|
CXO
946
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $20.7M | 0.01% |
173,400
-94,700
| -35% | -$11M |
|
947
PUT
Incyte
INCY
$25.9B
| $20.6M | 0.01% |
257,800
+12,800
| +5% | +$994K |
|
948
PUT
Targa Resources
TRGP
$63.1B
| $20.6M | 0.01% |
488,600
-63,900
| -12% | -$2.5M |
|
949
CALL
Rio Tinto
RIO
$170B
| $20.5M | 0.01% |
656,500
-121,300
| -16% | -$3.62M |
|
950
PUT
Abercrombie & Fitch
ANF
$4.99B
| $20.5M | 0.01% |
1,153,500
+320,400
| +38% | +$7.64M |
|
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.