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 | |
|---|---|---|---|---|---|---|
|
CERN
1101
PUT
DELISTED
Cerner Corp
CERN
| $16M | 0.01% |
272,700
-448,500
| -62% | -$25M |
|
1102
CALL
Steel Dynamics
STLD
$32.9B
| $16M | 0.01% |
651,700
+230,300
| +55% | +$5.63M |
|
1103
CALL
First Majestic Silver
AG
$10.3B
| $15.9M | 0.01% |
1,172,700
+744,400
| +174% | +$7.76M |
|
1104
PUT
Assured Guaranty
AGO
$3.26B
| $15.9M | 0.01% |
627,100
+375,100
| +149% | +$9.66M |
|
1105
PUT
Suncor Energy
SU
$78.8B
| $15.9M | 0.01% |
573,300
-96,500
| -14% | -$2.65M |
|
|
RTN
1106
PUT
DELISTED
Raytheon Company
RTN
| $15.9M | 0.01% |
116,900
-2,093,900
| -95% | -$273M |
|
1107
CALL
Edwards Lifesciences
EW
$52.2B
| $15.9M | 0.01% |
477,900
-320,100
| -40% | -$11M |
|
|
SHLD
1108
PUT
DELISTED
Sears Holding Corporation
SHLD
| $15.9M | 0.01% |
1,167,200
+320,800
| +38% | +$4.53M |
|
1109
CALL
Omnicom Group
OMC
$24.4B
| $15.8M | 0.01% |
194,300
+98,400
| +103% | +$8.18M |
|
1110
PUT
TotalEnergies
TTE
$198B
| $15.8M | 0.01% |
329,000
+85,800
| +35% | +$4.11M |
|
|
SINA
1111
DELISTED
Sina Corp
SINA
| $15.8M | 0.01% |
304,455
-116,633
| -28% | -$5.83M |
|
|
JOYY
1112
JOYY Inc
JOYY
$3.7B
| $15.8M | 0.01% |
465,574
+231,553
| +99% | +$11.6M |
|
|
TTM
1113
PUT
DELISTED
Tata Motors Limited
TTM
| $15.7M | 0.01% |
454,100
-13,200
| -3% | -$413K |
|
|
BID
1114
PUT
DELISTED
Sotheby's
BID
| $15.7M | 0.01% |
573,600
+105,100
| +22% | +$2.97M |
|
1115
CALL
Lennar Class A
LEN
$21.2B
| $15.7M | 0.01% |
357,926
-35,404
| -9% | -$1.55M |
|
1116
PUT
Archer Daniels Midland
ADM
$37.7B
| $15.7M | 0.01% |
366,100
-120,500
| -25% | -$4.8M |
|
|
STI
1117
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $15.6M | 0.01% |
380,500
+210,100
| +123% | +$8.59M |
|
1118
CALL
Intuit
INTU
$101B
| $15.6M | 0.01% |
140,000
-60,400
| -30% | -$6.32M |
|
1119
PUT
Duke Energy
DUK
$95.1B
| $15.6M | 0.01% |
182,000
-800
| -0.4% | -$63.9K |
|
|
SHLD
1120
CALL
DELISTED
Sears Holding Corporation
SHLD
| $15.6M | 0.01% |
1,146,900
+485,200
| +73% | +$6.85M |
|
1121
PUT
D.R. Horton
DHI
$41.7B
| $15.6M | 0.01% |
495,200
-562,000
| -53% | -$17.2M |
|
|
BLUE
1122
PUT
DELISTED
bluebird bio
BLUE
| $15.6M | 0.01% |
27,792
-5,265
| -16% | -$2.98M |
|
1123
Acadia Pharmaceuticals
ACAD
$5.11B
| $15.6M | 0.01% |
480,003
+165,006
| +52% | +$5.52M |
|
1124
Baidu
BIDU
$31.3B
| $15.6M | 0.01% |
94,242
-214,421
| -69% | -$37.7M |
|
1125
AT&T
T
$176B
| $15.6M | 0.01% |
476,583
-164,187
| -26% | -$4.89M |
|
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.