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 | |
|---|---|---|---|---|---|---|
976
PUT
Masco
MAS
$14.4B
| $20.3M | 0.01% |
647,000
+170,300
| +36% | +$4.69M |
|
977
PUT
Synchrony
SYF
$26B
| $20.3M | 0.01% |
709,700
-442,900
| -38% | -$12.3M |
|
978
PUT
Hartford Financial Services
HIG
$37.6B
| $20.3M | 0.01% |
441,200
-62,900
| -12% | -$2.64M |
|
979
iShares Russell 2000 Value ETF
IWN
$14.6B
| $20.3M | 0.01% |
217,352
+152,778
| +237% | +$13.3M |
|
980
CALL
Vipshop
VIPS
$6.88B
| $20.2M | 0.01% |
1,571,600
-497,200
| -24% | -$6.24M |
|
|
FIT
981
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $20.2M | 0.01% |
1,336,141
+1,057,167
| +379% | +$16.8M |
|
982
Banco Santander
SAN
$214B
| $20.1M | 0.01% |
4,811,861
+859,636
| +22% | +$3.53M |
|
983
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $20.1M | 0.01% |
180,796
-51,260
| -22% | -$5.54M |
|
984
PUT
Autodesk
ADSK
$53.7B
| $20.1M | 0.01% |
344,600
-198,000
| -36% | -$10.3M |
|
985
Mondelez International
MDLZ
$82.6B
| $20.1M | 0.01% |
500,723
+172,816
| +53% | +$7.04M |
|
986
CALL
Avis
CAR
$5.19B
| $20.1M | 0.01% |
732,900
+211,600
| +41% | +$5.78M |
|
987
CALL
VF Corp
VFC
$5.63B
| $20M | 0.01% |
328,477
+2,124
| +0.7% | +$123K |
|
988
PUT
Deckers Outdoor
DECK
$12.5B
| $20M | 0.01% |
2,005,800
-2,677,200
| -57% | -$23.1M |
|
|
FIT
989
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $20M | 0.01% |
1,321,900
+46,300
| +4% | +$735K |
|
990
Kroger
KR
$36.2B
| $20M | 0.01% |
522,159
+298,091
| +133% | +$11.5M |
|
991
PUT
Acuity Brands
AYI
$10.1B
| $20M | 0.01% |
91,500
+28,200
| +45% | +$5.82M |
|
|
SINA
992
DELISTED
Sina Corp
SINA
| $19.9M | 0.01% |
421,088
+236,405
| +128% | +$10.6M |
|
|
SKX
993
CALL
DELISTED
Skechers
SKX
| $19.9M | 0.01% |
653,200
+108,100
| +20% | +$3.25M |
|
|
994
CALL
Hartford Financial Services
HIG
$37.6B
| $19.9M | 0.01% |
431,600
-250,900
| -37% | -$10.5M |
|
995
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $19.8M | 0.01% |
243,900
+202,100
| +483% | +$15.5M |
|
996
PUT
Mohawk Industries
MHK
$9.08B
| $19.8M | 0.01% |
103,700
+7,700
| +8% | +$1.34M |
|
|
997
CALL
Synchrony
SYF
$26B
| $19.7M | 0.01% |
687,300
-686,000
| -50% | -$19.1M |
|
|
RHT
998
CALL
DELISTED
Red Hat Inc
RHT
| $19.6M | 0.01% |
263,100
+3,500
| +1% | +$247K |
|
999
PUT
Wolfspeed
WOLF
$1.29B
| $19.6M | 0.01% |
672,900
-189,300
| -22% | -$5.42M |
|
1000
PUT
Danaher
DHR
$151B
| $19.6M | 0.01% |
306,791
-1,341,132
| -81% | -$80M |
|
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.