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 | |
|---|---|---|---|---|---|---|
1101
PUT
Rockwell Automation
ROK
$47.9B
| $16.9M | 0.01% |
148,600
-20,700
| -12% | -$2.1M |
|
1102
PUT
Nucor
NUE
$55.5B
| $16.9M | 0.01% |
357,200
+19,200
| +6% | +$781K |
|
1103
CALL
Alnylam Pharmaceuticals
ALNY
$31.8B
| $16.9M | 0.01% |
269,100
+163,700
| +155% | +$10.9M |
|
|
LNW
1104
CALL
DELISTED
Light & Wonder
LNW
| $16.9M | 0.01% |
1,789,300
-1,120,700
| -39% | -$8.37M |
|
|
BBBY
1105
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $16.9M | 0.01% |
339,800
-73,600
| -18% | -$3.45M |
|
1106
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.25B
| $16.8M | 0.01% |
71,280
+20,280
| +40% | +$4.54M |
|
1107
PUT
iShares MSCI Germany ETF
EWG
$1.73B
| $16.8M | 0.01% |
653,400
-36,500
| -5% | -$889K |
|
1108
FirstEnergy
FE
$27B
| $16.7M | 0.01% |
465,360
+377,574
| +430% | +$12.7M |
|
|
RSX
1109
DELISTED
VanEck Russia ETF
RSX
| $16.7M | 0.01% |
1,018,829
-1,848,626
| -64% | -$26.8M |
|
|
WES
1110
PUT
DELISTED
Western Gas Partners Lp
WES
| $16.6M | 0.01% |
383,000
+370,500
| +2,964% | +$13.7M |
|
1111
Opko Health
OPK
$1.12B
| $16.6M | 0.01% |
1,598,812
+212,354
| +15% | +$1.94M |
|
1112
Chubb
CB
$132B
| $16.6M | 0.01% |
139,347
+444
| +0.3% | +$51K |
|
1113
CALL
Novartis
NVS
$302B
| $16.6M | 0.01% |
255,341
+37,051
| +17% | +$2.52M |
|
1114
PUT
Hilton Worldwide
HLT
$74.9B
| $16.6M | 0.01% |
245,200
-17,933
| -7% | -$1.07M |
|
1115
Comcast
CMCSA
$95.1B
| $16.6M | 0.01% |
542,040
-1,950,856
| -78% | -$56M |
|
1116
PUT
A.O. Smith
AOS
$8.46B
| $16.5M | 0.01% |
433,200
+357,800
| +475% | +$12.5M |
|
|
PF
1117
PUT
DELISTED
Pinnacle Foods, Inc.
PF
| $16.5M | 0.01% |
369,900
+326,300
| +748% | +$14.1M |
|
1118
CALL
Conagra Brands
CAG
$7.83B
| $16.5M | 0.01% |
475,579
-140,065
| -23% | -$4.55M |
|
1119
PUT
Targa Resources
TRGP
$62.1B
| $16.5M | 0.01% |
552,500
+226,000
| +69% | +$5.39M |
|
1120
PUT
Parker-Hannifin
PH
$129B
| $16.5M | 0.01% |
148,500
-10,200
| -6% | -$1.02M |
|
1121
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$103M
| $16.5M | 0.01% |
3,372
-1,492
| -31% | -$9.78M |
|
1122
PUT
Core Laboratories
CLB
$548M
| $16.5M | 0.01% |
146,500
+33,900
| +30% | +$3.52M |
|
1123
CALL
Akamai
AKAM
$15.2B
| $16.5M | 0.01% |
296,100
-181,200
| -38% | -$9.21M |
|
1124
PUT
Ryder
R
$9.39B
| $16.4M | 0.01% |
253,700
+130,000
| +105% | +$7.39M |
|
|
NVO
1125
PUT
Novo Nordisk
NVO
$211B
| $16.4M | 0.01% |
606,200
+507,800
| +516% | +$13.6M |
|
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.