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 | |
|---|---|---|---|---|---|---|
|
TRQ
951
PUT
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $20.5M | 0.01% |
607,360
+6,590
| +1% | +$191K |
|
952
CALL
Cal-Maine
CALM
$3.95B
| $20.5M | 0.01% |
462,500
-110,300
| -19% | -$5.2M |
|
953
BioMarin Pharmaceuticals
BMRN
$12.6B
| $20.5M | 0.01% |
263,420
+90,022
| +52% | +$7.65M |
|
954
CALL
Acuity Brands
AYI
$10.1B
| $20.5M | 0.01% |
82,600
+23,900
| +41% | +$5.97M |
|
955
Under Armour Class C
UA
$2.25B
| $20.5M | 0.01% |
+562,529
| New | +$20.7M |
|
|
HOT
956
CALL
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $20.4M | 0.01% |
275,900
-476,700
| -63% | -$36.6M |
|
957
CALL
HSBC
HSBC
$357B
| $20.4M | 0.01% |
730,103
-29,968
| -4% | -$847K |
|
958
CALL
AstraZeneca
AZN
$259B
| $20.3M | 0.01% |
336,950
+88,600
| +36% | +$5.15M |
|
959
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $20.3M | 0.01% |
773,760
-869,634
| -53% | -$21.4M |
|
|
TRQ
960
CALL
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $20.3M | 0.01% |
600,220
+220
| +0% | +$6.38K |
|
961
CALL
W.W. Grainger
GWW
$62.3B
| $20.2M | 0.01% |
88,700
-18,300
| -17% | -$4.17M |
|
962
PUT
CarMax
KMX
$8.91B
| $20.1M | 0.01% |
410,700
-85,400
| -17% | -$4.39M |
|
|
ETP
963
CALL
DELISTED
Energy Transfer Partners, L.P.
ETP
| $20M | 0.01% |
696,400
+650,900
| +1,431% | +$17.9M |
|
|
JOY
964
PUT
DELISTED
Joy Global Inc
JOY
| $20M | 0.01% |
946,400
-223,500
| -19% | -$4.22M |
|
965
PUT
ServiceNow
NOW
$132B
| $20M | 0.01% |
1,505,000
-606,500
| -29% | -$8.43M |
|
966
CALL
Archer Daniels Midland
ADM
$37.7B
| $20M | 0.01% |
465,500
+188,200
| +68% | +$7.5M |
|
967
PUT
Mohawk Industries
MHK
$9.08B
| $19.9M | 0.01% |
105,000
+1,300
| +1% | +$253K |
|
968
PUT
KB Home
KBH
$3.41B
| $19.9M | 0.01% |
1,309,800
-341,600
| -21% | -$4.77M |
|
969
PUT
ProShares UltraShort S&P500
SDS
$399M
| $19.9M | 0.01% |
11,178
+4,882
| +78% | +$9.02M |
|
970
Walmart Inc
WMT
$847B
| $19.9M | 0.01% |
817,806
-8,462,034
| -91% | -$196M |
|
971
PUT
MGM Resorts International
MGM
$11B
| $19.9M | 0.01% |
878,600
-1,415,000
| -62% | -$32.2M |
|
|
SCHW
972
PUT
Charles Schwab
SCHW
$197B
| $19.8M | 0.01% |
782,800
+378,300
| +94% | +$10.8M |
|
|
GRMN
973
CALL
Garmin
GRMN
$56.2B
| $19.8M | 0.01% |
466,700
-129,600
| -22% | -$5.39M |
|
974
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $19.8M | 0.01% |
447,700
+34,200
| +8% | +$1.68M |
|
975
CALL
Albemarle
ALB
$16.7B
| $19.8M | 0.01% |
249,400
+98,300
| +65% | +$7.22M |
|
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.