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 | |
|---|---|---|---|---|---|---|
|
WPZ
1026
CALL
DELISTED
Williams Partners L.P.
WPZ
| $18.3M | 0.01% |
527,300
+237,500
| +82% | +$7.03M |
|
1027
CALL
Microchip Technology
MCHP
$40.3B
| $18.2M | 0.01% |
718,200
+66,400
| +10% | +$1.65M |
|
1028
PUT
Copa Holdings
CPA
$5.95B
| $18.2M | 0.01% |
348,400
+192,700
| +124% | +$11.1M |
|
1029
CALL
ServiceNow
NOW
$132B
| $18.2M | 0.01% |
1,371,000
-2,918,000
| -68% | -$40.6M |
|
1030
CALL
CNX Resources
CNX
$5.4B
| $18.2M | 0.01% |
1,357,320
-2,613,240
| -66% | -$30.6M |
|
|
STI
1031
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $18.1M | 0.01% |
441,000
+108,400
| +33% | +$4.43M |
|
1032
PUT
Franklin Templeton
BEN
$17.6B
| $18.1M | 0.01% |
542,800
+184,700
| +52% | +$6.71M |
|
|
LVLT
1033
PUT
DELISTED
Level 3 Communications Inc
LVLT
| $18.1M | 0.01% |
351,600
+63,000
| +22% | +$3.3M |
|
1034
PUT
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $18.1M | 0.01% |
593,900
+566,400
| +2,060% | +$17.9M |
|
1035
CALL
Ciena
CIEN
$52.7B
| $18M | 0.01% |
960,400
+254,700
| +36% | +$4.61M |
|
1036
CALL
GoPro
GPRO
$111M
| $18M | 0.01% |
1,663,600
-258,300
| -13% | -$2.87M |
|
1037
ICICI Bank
IBN
$106B
| $18M | 0.01% |
2,754,082
-432,774
| -14% | -$2.79M |
|
1038
Expedia Group
EXPE
$40.7B
| $18M | 0.01% |
169,033
-208,371
| -55% | -$22.6M |
|
1039
Southwest Airlines
LUV
$19.9B
| $17.9M | 0.01% |
456,424
-98,146
| -18% | -$4.2M |
|
1040
CALL
Public Storage
PSA
$60.7B
| $17.8M | 0.01% |
69,800
+14,600
| +26% | +$3.75M |
|
1041
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.8B
| $17.8M | 0.01% |
+326,100
| New | +$17.4M |
|
|
RDS.A
1042
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $17.8M | 0.01% |
340,184
-252,130
| -43% | -$12.2M |
|
|
ARMH
1043
CALL
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $17.8M | 0.01% |
391,200
+109,700
| +39% | +$4.63M |
|
1044
CALL
Synchrony
SYF
$26B
| $17.8M | 0.01% |
704,000
+16,700
| +2% | +$486K |
|
1045
CALL
Alnylam Pharmaceuticals
ALNY
$31.6B
| $17.8M | 0.01% |
320,500
+51,400
| +19% | +$3.24M |
|
|
OKS
1046
CALL
DELISTED
Oneok Partners LP
OKS
| $17.8M | 0.01% |
443,900
+219,600
| +98% | +$8.03M |
|
|
RDS.A
1047
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $17.8M | 0.01% |
339,629
+2,742
| +0.8% | +$132K |
|
1048
CALL
Arista Networks
ANET
$237B
| $17.7M | 0.01% |
4,408,000
+3,192,000
| +263% | +$13.6M |
|
|
FL
1049
PUT
DELISTED
Foot Locker
FL
| $17.7M | 0.01% |
322,000
-195,200
| -38% | -$11.3M |
|
1050
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $17.6M | 0.01% |
188,600
-338,200
| -64% | -$30.3M |
|
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.