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 | |
|---|---|---|---|---|---|---|
1076
CALL
3D Systems Corp
DDD
$517M
| $17.8M | 0.01% |
1,150,100
-578,600
| -33% | -$5.97M |
|
1077
PUT
Incyte
INCY
$26.4B
| $17.8M | 0.01% |
245,000
-189,900
| -44% | -$14.2M |
|
1078
PUT
iShares MSCI Japan ETF
EWJ
$22.5B
| $17.7M | 0.01% |
381,675
-42,025
| -10% | -$1.89M |
|
1079
PUT
Advanced Micro Devices
AMD
$772B
| $17.7M | 0.01% |
6,201,200
+2,001,000
| +48% | +$4.55M |
|
1080
PUT
Archer Daniels Midland
ADM
$36.7B
| $17.7M | 0.01% |
486,600
-190,700
| -28% | -$6.64M |
|
1081
Las Vegas Sands
LVS
$30.7B
| $17.6M | 0.01% |
341,083
-1,284,122
| -79% | -$58.8M |
|
|
DATA
1082
DELISTED
Tableau Software, Inc.
DATA
| $17.6M | 0.01% |
383,831
+308,924
| +412% | +$17.9M |
|
1083
CALL
Ralph Lauren
RL
$21.7B
| $17.6M | 0.01% |
182,600
-94,000
| -34% | -$9.22M |
|
1084
PUT
Hershey
HSY
$37.6B
| $17.6M | 0.01% |
190,700
-133,000
| -41% | -$11.9M |
|
1085
Ambarella
AMBA
$3.05B
| $17.5M | 0.01% |
391,810
+13,662
| +4% | +$565K |
|
1086
iShares National Muni Bond ETF
MUB
$45.6B
| $17.4M | 0.01% |
+155,932
| New | +$17.4M |
|
|
POT
1087
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $17.4M | 0.01% |
1,021,000
-787,100
| -44% | -$13.2M |
|
1088
CALL
Qorvo
QRVO
$8.19B
| $17.3M | 0.01% |
343,600
+108,200
| +46% | +$4.71M |
|
|
TIF
1089
DELISTED
Tiffany & Co.
TIF
| $17.3M | 0.01% |
235,478
+24,592
| +12% | +$1.65M |
|
1090
PUT
Southern Copper
SCCO
$181B
| $17.2M | 0.01% |
679,120
+92,245
| +16% | +$2.16M |
|
|
OKS
1091
DELISTED
Oneok Partners LP
OKS
| $17.2M | 0.01% |
548,528
+421,332
| +331% | +$11.9M |
|
1092
CALL
RH
RH
$2.74B
| $17.2M | 0.01% |
410,600
-234,900
| -36% | -$12M |
|
1093
CALL
Alerian MLP ETF
AMLP
$13.2B
| $17.2M | 0.01% |
315,600
+244,160
| +342% | +$12.4M |
|
1094
CALL
iShares US Transportation ETF
IYT
$2.28B
| $17.2M | 0.01% |
482,800
+89,600
| +23% | +$2.93M |
|
|
PPLI
1095
CALL
People Inc
PPLI
$2.91B
| $17.1M | 0.01% |
2,033,371
+43,644
| +2% | +$376K |
|
1096
TSMC
TSM
$2.15T
| $17.1M | 0.01% |
652,365
+302,586
| +87% | +$7.08M |
|
1097
PUT
Vanguard FTSE Europe ETF
VGK
$31.3B
| $17M | 0.01% |
347,900
-74,500
| -18% | -$3.48M |
|
1098
CALL
iShares MSCI South Korea ETF
EWY
$27.7B
| $17M | 0.01% |
319,200
-109,500
| -26% | -$5.29M |
|
|
CYB
1099
PUT
DELISTED
WisdomTree Chinese Yuan Strategy Fund
CYB
| $17M | 0.01% |
676,300
+608,500
| +897% | +$14.9M |
|
1100
PUT
Canadian Natural Resources
CNQ
$104B
| $17M | 0.01% |
1,301,115
+177,481
| +16% | +$1.89M |
|
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.