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 | |
|---|---|---|---|---|---|---|
1176
PUT
Zimmer Biomet
ZBH
$19.1B
| $15.2M | 0.01% |
147,084
-17,098
| -10% | -$1.65M |
|
1177
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $15.2M | 0.01% |
137,992
-44,463
| -24% | -$4.85M |
|
1178
CALL
Public Storage
PSA
$60.3B
| $15.2M | 0.01% |
55,200
+18,700
| +51% | +$4.72M |
|
1179
Broadcom
AVGO
$1.7T
| $15.2M | 0.01% |
984,220
-6,223,660
| -86% | -$84.1M |
|
1180
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $15.2M | 0.01% |
80,500
+8,000
| +11% | +$1.43M |
|
1181
CALL
Stratasys
SSYS
$693M
| $15.2M | 0.01% |
585,500
+154,100
| +36% | +$3.14M |
|
1182
CALL
Ross Stores
ROST
$77.4B
| $15.1M | 0.01% |
261,600
-43,200
| -14% | -$2.4M |
|
|
SAVE
1183
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $15.1M | 0.01% |
315,700
+119,300
| +61% | +$5.34M |
|
1184
3D Systems Corp
DDD
$535M
| $15.1M | 0.01% |
978,371
-536,920
| -35% | -$5.54M |
|
|
USG
1185
CALL
DELISTED
Usg
USG
| $15.1M | 0.01% |
609,000
+403,300
| +196% | +$8.38M |
|
1186
PUT
Five Below
FIVE
$14.3B
| $15.1M | 0.01% |
364,500
+97,700
| +37% | +$3.57M |
|
1187
Gen Digital
GEN
$17.5B
| $15.1M | 0.01% |
819,319
+619,220
| +309% | +$11.9M |
|
|
WW
1188
PUT
DELISTED
WW International
WW
| $15M | 0.01% |
1,035,400
-30,700
| -3% | -$417K |
|
|
DNKN
1189
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $15M | 0.01% |
318,800
-61,500
| -16% | -$2.64M |
|
|
AGU
1190
PUT
DELISTED
Agrium
AGU
| $15M | 0.01% |
170,200
-12,200
| -7% | -$1.05M |
|
|
ALR
1191
PUT
DELISTED
Alere Inc
ALR
| $15M | 0.01% |
296,300
+255,700
| +630% | +$12.3M |
|
1192
CALL
Teck Resources
TECK
$35.1B
| $15M | 0.01% |
1,965,200
+319,000
| +19% | +$1.73M |
|
1193
Dollar General
DG
$27B
| $14.9M | 0.01% |
174,614
+109,156
| +167% | +$8.26M |
|
1194
PUT
Alaska Air
ALK
$4.84B
| $14.9M | 0.01% |
181,800
-6,700
| -4% | -$495K |
|
1195
CALL
Bank of Montreal
BMO
$121B
| $14.9M | 0.01% |
245,600
+115,100
| +88% | +$6.31M |
|
1196
Ionis Pharmaceuticals
IONS
$10.6B
| $14.8M | 0.01% |
366,258
+69,069
| +23% | +$2.81M |
|
1197
CALL
Yelp
YELP
$1.29B
| $14.8M | 0.01% |
745,200
-827,400
| -53% | -$16.9M |
|
1198
Autodesk
ADSK
$53B
| $14.8M | 0.01% |
253,717
+215,138
| +558% | +$11.2M |
|
1199
CALL
VanEck Semiconductor ETF
SMH
$65.9B
| $14.8M | 0.01% |
535,800
+322,200
| +151% | +$8.14M |
|
1200
PUT
Duke Energy
DUK
$94.8B
| $14.7M | 0.01% |
182,800
-343,200
| -65% | -$26M |
|
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.