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 | |
|---|---|---|---|---|---|---|
1126
PUT
Golar LNG
GLNG
$5.29B
| $16.4M | 0.01% |
912,400
-107,900
| -11% | -$1.84M |
|
1127
CALL
Opko Health
OPK
$1.12B
| $16.3M | 0.01% |
1,572,400
+110,500
| +8% | +$1.01M |
|
1128
CALL
Cracker Barrel
CBRL
$1.28B
| $16.3M | 0.01% |
106,700
-89,100
| -46% | -$12.3M |
|
1129
PUT
Stratasys
SSYS
$688M
| $16.2M | 0.01% |
625,300
-93,500
| -13% | -$1.91M |
|
|
KSU
1130
CALL
DELISTED
Kansas City Southern
KSU
| $16.2M | 0.01% |
189,100
+80,200
| +74% | +$6.26M |
|
1131
3M
MMM
$92.8B
| $16.1M | 0.01% |
115,213
-234,820
| -67% | -$30.2M |
|
1132
CALL
NetEase
NTES
$82.2B
| $16M | 0.01% |
557,500
-517,000
| -48% | -$15.5M |
|
|
DRII
1133
PUT
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $16M | 0.01% |
658,600
+624,100
| +1,809% | +$13.3M |
|
|
MDVN
1134
DELISTED
MEDIVATION, INC.
MDVN
| $16M | 0.01% |
347,621
-191,932
| -36% | -$6.96M |
|
1135
CALL
Canadian Natural Resources
CNQ
$103B
| $16M | 0.01% |
1,224,166
-671,863
| -35% | -$7.16M |
|
1136
CALL
ProShares UltraShort Energy
DUG
$27.7M
| $16M | 0.01% |
13,015
+8,345
| +179% | +$12.3M |
|
1137
Marathon Petroleum
MPC
$101B
| $16M | 0.01% |
429,395
+126,618
| +42% | +$4.81M |
|
1138
PUT
HF Sinclair
DINO
$16.8B
| $16M | 0.01% |
451,900
-37,900
| -8% | -$1.31M |
|
1139
State Street SPDR S&P Biotech ETF
XBI
$11.8B
| $15.9M | 0.01% |
308,653
-32,672
| -10% | -$1.7M |
|
1140
PUT
Ziff Davis
ZD
$1.89B
| $15.9M | 0.01% |
297,390
+288,420
| +3,215% | +$17.5M |
|
1141
CALL
Ventas
VTR
$48.4B
| $15.9M | 0.01% |
252,800
+197,300
| +355% | +$11.1M |
|
1142
HSBC
HSBC
$357B
| $15.9M | 0.01% |
573,703
+57,604
| +11% | +$1.7M |
|
1143
PUT
Agnico Eagle Mines
AEM
$113B
| $15.9M | 0.01% |
439,700
+34,900
| +9% | +$1.15M |
|
|
1144
NetEase
NTES
$82.2B
| $15.9M | 0.01% |
553,580
+151,820
| +38% | +$4.55M |
|
1145
Northrop Grumman
NOC
$77.3B
| $15.9M | 0.01% |
80,308
+53,899
| +204% | +$10.2M |
|
1146
iShares Russell 1000 Value ETF
IWD
$84.2B
| $15.9M | 0.01% |
+160,837
| New | +$15.1M |
|
|
GOLD
1147
CALL
DELISTED
Randgold Resources Ltd
GOLD
| $15.9M | 0.01% |
175,000
-24,613
| -12% | -$1.98M |
|
|
CERN
1148
CALL
DELISTED
Cerner Corp
CERN
| $15.9M | 0.01% |
300,000
+72,600
| +32% | +$3.95M |
|
1149
CALL
Analog Devices
ADI
$181B
| $15.9M | 0.01% |
268,300
-10,100
| -4% | -$539K |
|
|
ADT
1150
PUT
DELISTED
ADT Corp
ADT
| $15.9M | 0.01% |
384,800
+164,200
| +74% | +$5.76M |
|
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.