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 | |
|---|---|---|---|---|---|---|
1151
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $15.8M | 0.01% |
223,459
+47,979
| +27% | +$3.16M |
|
1152
Constellation Brands
STZ
$23.1B
| $15.8M | 0.01% |
104,863
-6,934
| -6% | -$1M |
|
1153
CALL
Hershey
HSY
$37.6B
| $15.8M | 0.01% |
172,000
-442,700
| -72% | -$39.5M |
|
1154
CALL
Genuine Parts
GPC
$19B
| $15.8M | 0.01% |
159,400
+6,900
| +5% | +$612K |
|
1155
CALL
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $15.8M | 0.01% |
197,900
-46,200
| -19% | -$3.42M |
|
1156
Sturm, Ruger & Co
RGR
$613M
| $15.7M | 0.01% |
230,258
+102,015
| +80% | +$6.65M |
|
1157
CALL
Microchip Technology
MCHP
$39.9B
| $15.7M | 0.01% |
651,800
+232,000
| +55% | +$5.17M |
|
|
SKX
1158
DELISTED
Skechers
SKX
| $15.7M | 0.01% |
515,307
-511,934
| -50% | -$15.4M |
|
|
HZNP
1159
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $15.6M | 0.01% |
944,293
+939
| +0.1% | +$16.4K |
|
1160
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $15.6M | 0.01% |
88,525
-105,099
| -54% | -$17.5M |
|
|
ICPT
1161
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $15.6M | 0.01% |
121,330
-57,581
| -32% | -$6.8M |
|
1162
Phillips 66
PSX
$94.5B
| $15.6M | 0.01% |
179,839
-97,757
| -35% | -$7.95M |
|
1163
CALL
Brookdale Senior Living
BKD
$2.91B
| $15.6M | 0.01% |
980,300
+31,500
| +3% | +$481K |
|
1164
CALL
Illinois Tool Works
ITW
$80.2B
| $15.6M | 0.01% |
151,800
+89,100
| +142% | +$8.25M |
|
|
TEP
1165
CALL
DELISTED
Tallgrass Energy Partners, LP
TEP
| $15.5M | 0.01% |
405,700
+47,700
| +13% | +$1.67M |
|
1166
L3Harris
LHX
$48.8B
| $15.5M | 0.01% |
199,014
+66,248
| +50% | +$5.3M |
|
1167
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$321M
| $15.5M | 0.01% |
630,800
-72,000
| -10% | -$1.82M |
|
|
RDS.A
1168
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $15.5M | 0.01% |
336,887
-16,032
| -5% | -$680K |
|
1169
PUT
Zoetis
ZTS
$31.9B
| $15.4M | 0.01% |
348,000
-90,900
| -21% | -$3.86M |
|
1170
PUT
YPF Sociedad Anonima ADS
YPF
$19.6B
| $15.3M | 0.01% |
857,300
-21,600
| -2% | -$358K |
|
1171
CALL
Patterson-UTI
PTEN
$4.39B
| $15.3M | 0.01% |
869,300
+170,700
| +24% | +$2.55M |
|
1172
CALL
ProShares Short QQQ
PSQ
$603M
| $15.3M | 0.01% |
58,040
+54,720
| +1,648% | +$15.3M |
|
|
TRQ
1173
PUT
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $15.3M | 0.01% |
600,770
+515,290
| +603% | +$11.6M |
|
|
LVLT
1174
PUT
DELISTED
Level 3 Communications Inc
LVLT
| $15.3M | 0.01% |
288,600
+34,200
| +13% | +$1.69M |
|
|
TRQ
1175
CALL
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $15.2M | 0.01% |
600,000
+424,970
| +243% | +$9.6M |
|
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.