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 | |
|---|---|---|---|---|---|---|
1076
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $16.9M | 0.01% |
726,200
+153,700
| +27% | +$4.96M |
|
|
DISH
1077
CALL
DELISTED
DISH Network Corp.
DISH
| $16.8M | 0.01% |
321,300
+103,300
| +47% | +$5.05M |
|
1078
Cummins
CMI
$78.7B
| $16.8M | 0.01% |
149,210
-235,930
| -61% | -$26.7M |
|
1079
CALL
Unilever
UL
$141B
| $16.8M | 0.01% |
310,933
+42,222
| +16% | +$2.17M |
|
1080
PUT
General Mills
GIS
$21.9B
| $16.7M | 0.01% |
234,300
-275,800
| -54% | -$17.6M |
|
|
AXON
1081
CALL
Axon Enterprise
AXON
$48.5B
| $16.7M | 0.01% |
671,300
+181,900
| +37% | +$3.76M |
|
1082
CALL
Molson Coors Class B
TAP
$8.02B
| $16.5M | 0.01% |
163,300
-55,600
| -25% | -$5.47M |
|
1083
CALL
Galicia Financial Group
GGAL
$6.98B
| $16.5M | 0.01% |
540,500
+117,600
| +28% | +$3.39M |
|
|
CST
1084
CALL
DELISTED
CST Brands, Inc.
CST
| $16.5M | 0.01% |
381,900
+223,500
| +141% | +$8.85M |
|
1085
PUT
Royal Bank of Canada
RY
$284B
| $16.4M | 0.01% |
277,800
-162,300
| -37% | -$9.75M |
|
1086
CALL
Consolidated Edison
ED
$39.8B
| $16.4M | 0.01% |
203,900
+41,800
| +26% | +$3.14M |
|
1087
PUT
Cognizant
CTSH
$28B
| $16.4M | 0.01% |
286,500
+209,400
| +272% | +$12.7M |
|
|
JOY
1088
CALL
DELISTED
Joy Global Inc
JOY
| $16.4M | 0.01% |
774,600
+21,000
| +3% | +$397K |
|
1089
CALL
Newell Brands
NWL
$2.59B
| $16.3M | 0.01% |
336,000
+113,800
| +51% | +$5.32M |
|
|
SWN
1090
PUT
DELISTED
Southwestern Energy Company
SWN
| $16.3M | 0.01% |
1,296,900
+1,084,100
| +509% | +$13.1M |
|
|
IOC
1091
DELISTED
Interoil Corporation
IOC
| $16.3M | 0.01% |
361,535
-235,708
| -39% | -$8.68M |
|
1092
CALL
iShares MSCI Germany ETF
EWG
$1.72B
| $16.3M | 0.01% |
676,300
+281,700
| +71% | +$7.2M |
|
1093
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.52B
| $16.3M | 0.01% |
32,221
+10,604
| +49% | +$3.89M |
|
|
CLR
1094
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $16.2M | 0.01% |
358,100
-259,200
| -42% | -$10.2M |
|
1095
CALL
Deckers Outdoor
DECK
$12.5B
| $16.2M | 0.01% |
1,687,800
-1,097,400
| -39% | -$10.1M |
|
1096
PUT
Conagra Brands
CAG
$8B
| $16.2M | 0.01% |
434,330
+314,696
| +263% | +$11.2M |
|
1097
CALL
Packaging Corp of America
PKG
$22.2B
| $16.1M | 0.01% |
241,100
-71,500
| -23% | -$4.67M |
|
1098
CALL
Assured Guaranty
AGO
$3.26B
| $16.1M | 0.01% |
635,600
+100,800
| +19% | +$2.6M |
|
1099
First Solar
FSLR
$22.4B
| $16M | 0.01% |
330,887
+302,559
| +1,068% | +$16.1M |
|
|
P
1100
PUT
Everpure Inc
P
$33.4B
| $16M | 0.01% |
1,468,600
-543,500
| -27% | -$7.09M |
|
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.