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 | |
|---|---|---|---|---|---|---|
|
MRO
976
PUT
DELISTED
Marathon Oil Corporation
MRO
| $19.8M | 0.01% |
1,317,300
-437,100
| -25% | -$5.78M |
|
977
Brown-Forman Class B
BF.B
$13.2B
| $19.8M | 0.01% |
619,184
-145,882
| -19% | -$4.51M |
|
978
Williams Companies
WMB
$86.8B
| $19.7M | 0.01% |
912,615
-1,441,250
| -61% | -$28.9M |
|
|
RHT
979
PUT
DELISTED
Red Hat Inc
RHT
| $19.7M | 0.01% |
271,800
-130,200
| -32% | -$9.76M |
|
980
CALL
Toyota
TM
$229B
| $19.7M | 0.01% |
197,300
+157,700
| +398% | +$16.2M |
|
|
CEO
981
PUT
DELISTED
CNOOC Limited
CEO
| $19.7M | 0.01% |
157,800
+85,000
| +117% | +$10.2M |
|
982
CALL
Realty Income
O
$59.8B
| $19.7M | 0.01% |
292,675
+65,016
| +29% | +$3.95M |
|
|
MNDT
983
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $19.6M | 0.01% |
1,192,100
-584,900
| -33% | -$9.45M |
|
984
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $19.6M | 0.01% |
263,988
+40,529
| +18% | +$2.94M |
|
985
PUT
iShares MSCI Australia ETF
EWA
$1.34B
| $19.6M | 0.01% |
1,008,000
+325,200
| +48% | +$6.34M |
|
986
PUT
Tenet Healthcare
THC
$22.4B
| $19.6M | 0.01% |
708,700
+402,100
| +131% | +$11.9M |
|
987
PUT
Weyerhaeuser
WY
$17.6B
| $19.5M | 0.01% |
655,400
+319,200
| +95% | +$9.82M |
|
988
PUT
Sturm, Ruger & Co
RGR
$615M
| $19.5M | 0.01% |
304,800
-55,600
| -15% | -$3.59M |
|
989
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $19.5M | 0.01% |
226,700
-57,200
| -20% | -$4.94M |
|
990
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $19.5M | 0.01% |
101,200
+20,700
| +26% | +$3.94M |
|
991
CALL
Kroger
KR
$36.2B
| $19.5M | 0.01% |
528,700
-166,500
| -24% | -$5.99M |
|
992
CALL
FirstEnergy
FE
$26.9B
| $19.4M | 0.01% |
555,900
+44,200
| +9% | +$1.5M |
|
|
KITE
993
CALL
DELISTED
Kite Pharma, Inc.
KITE
| $19.4M | 0.01% |
388,000
+149,100
| +62% | +$7.33M |
|
994
PUT
Cboe Global Markets
CBOE
$32.2B
| $19.3M | 0.01% |
289,400
+100,500
| +53% | +$6.44M |
|
995
CALL
NOV
NOV
$7.04B
| $19.3M | 0.01% |
572,700
+317,400
| +124% | +$10.2M |
|
|
JUNO
996
PUT
DELISTED
Juno Therapeutics, Inc.
JUNO
| $19.2M | 0.01% |
500,100
+153,800
| +44% | +$6.38M |
|
997
PUT
iShares MSCI South Korea ETF
EWY
$27B
| $19.2M | 0.01% |
368,700
-370,900
| -50% | -$19M |
|
998
CALL
Neurocrine Biosciences
NBIX
$15.6B
| $19.2M | 0.01% |
422,300
+225,500
| +115% | +$10.4M |
|
999
CALL
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $19.2M | 0.01% |
883,800
-1,330,200
| -60% | -$28.8M |
|
|
ILG
1000
DELISTED
ILG, Inc Common Stock
ILG
| $19.1M | 0.01% |
1,202,405
+1,046,213
| +670% | +$14.9M |
|
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.