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 | |
|---|---|---|---|---|---|---|
|
FL
1001
CALL
DELISTED
Foot Locker
FL
| $19.1M | 0.01% |
348,000
+69,000
| +25% | +$4M |
|
1002
iShares MSCI ACWI ETF
ACWI
$33.1B
| $19.1M | 0.01% |
338,854
+285,206
| +532% | +$16.1M |
|
1003
CALL
VF Corp
VFC
$5.63B
| $19M | 0.01% |
327,946
-531
| -0.2% | -$31.4K |
|
|
PPL
1004
CALL
PPL Corp
PPL
$26.4B
| $18.9M | 0.01% |
501,800
+19,400
| +4% | +$739K |
|
1005
PUT
Nokia
NOK
$55.6B
| $18.9M | 0.01% |
3,319,500
+826,700
| +33% | +$4.68M |
|
1006
CALL
Analog Devices
ADI
$181B
| $18.8M | 0.01% |
332,700
+64,400
| +24% | +$3.69M |
|
1007
CALL
Fastenal
FAST
$58.8B
| $18.8M | 0.01% |
1,697,200
-774,800
| -31% | -$8.85M |
|
1008
CALL
Hartford Financial Services
HIG
$37.6B
| $18.8M | 0.01% |
423,300
-8,300
| -2% | -$371K |
|
|
SKX
1009
CALL
DELISTED
Skechers
SKX
| $18.8M | 0.01% |
631,300
-21,900
| -3% | -$662K |
|
1010
CALL
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $18.7M | 0.01% |
223,100
+25,200
| +13% | +$2.05M |
|
|
HZNP
1011
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $18.6M | 0.01% |
1,127,000
+569,600
| +102% | +$9.22M |
|
1012
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $18.5M | 0.01% |
798,416
-290,806
| -27% | -$6.77M |
|
|
ICPT
1013
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $18.5M | 0.01% |
129,524
+8,194
| +7% | +$1.19M |
|
1014
CALL
Vulcan Materials
VMC
$35.8B
| $18.5M | 0.01% |
153,400
-55,600
| -27% | -$6.3M |
|
|
FAZ
1015
CALL
Direxion Daily Financial Bear 3x ETF
FAZ
$87.4M
| $18.4M | 0.01% |
1,221
+131
| +12% | +$2.04M |
|
|
NFX
1016
CALL
DELISTED
Newfield Exploration
NFX
| $18.4M | 0.01% |
416,600
+111,500
| +37% | +$4.28M |
|
1017
CALL
Patterson-UTI
PTEN
$4.52B
| $18.4M | 0.01% |
862,000
-7,300
| -0.8% | -$138K |
|
1018
PUT
Exelon
EXC
$45.7B
| $18.4M | 0.01% |
708,010
-20,469
| -3% | -$506K |
|
1019
CALL
M&T Bank
MTB
$34.9B
| $18.3M | 0.01% |
155,200
+89,800
| +137% | +$10.4M |
|
1020
CALL
TransDigm Group
TDG
$66.3B
| $18.3M | 0.01% |
69,500
+22,800
| +49% | +$5.57M |
|
1021
CALL
Melco Resorts & Entertainment
MLCO
$2.08B
| $18.3M | 0.01% |
1,454,500
-12,000
| -0.8% | -$176K |
|
1022
PUT
RH
RH
$2.71B
| $18.3M | 0.01% |
638,000
+194,500
| +44% | +$6.96M |
|
1023
lululemon athletica
LULU
$13.9B
| $18.3M | 0.01% |
247,675
+144,276
| +140% | +$9.57M |
|
1024
PUT
Kohl's
KSS
$2.08B
| $18.3M | 0.01% |
482,200
+17,800
| +4% | +$707K |
|
1025
Energy Transfer Partners
ET
$72.6B
| $18.3M | 0.01% |
1,272,132
-2,425,925
| -66% | -$28.9M |
|
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.