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 | |
|---|---|---|---|---|---|---|
1176
PUT
PNC Financial Services
PNC
$97.2B
| $14.4M | 0.01% |
176,400
+69,500
| +65% | +$5.97M |
|
1177
Viatris
VTRS
$19B
| $14.3M | 0.01% |
331,702
+209,758
| +172% | +$9.28M |
|
1178
PUT
Becton Dickinson
BDX
$52B
| $14.3M | 0.01% |
86,613
-1,947
| -2% | -$311K |
|
|
ENDP
1179
DELISTED
Endo International plc
ENDP
| $14.3M | 0.01% |
918,474
+709,461
| +339% | +$14.7M |
|
1180
PUT
Canadian Natural Resources
CNQ
$104B
| $14.3M | 0.01% |
947,080
-354,035
| -27% | -$5.01M |
|
1181
CALL
A.O. Smith
AOS
$8.52B
| $14.3M | 0.01% |
323,800
-464,400
| -59% | -$18.7M |
|
1182
iShares Gold Trust
IAU
$69B
| $14.3M | 0.01% |
+558,940
| New | +$13.6M |
|
1183
CALL
Lincoln National
LNC
$8.11B
| $14.3M | 0.01% |
367,700
-4,700
| -1% | -$199K |
|
1184
SLB Ltd
SLB
$80.1B
| $14.2M | 0.01% |
179,266
-690,919
| -79% | -$53M |
|
1185
PUT
ProShares UltraShort QQQ
QID
$222M
| $14.2M | 0.01% |
5,914
-2,251
| -28% | -$5.45M |
|
1186
PUT
Golar LNG
GLNG
$5.25B
| $14.2M | 0.01% |
913,400
+1,000
| +0.1% | +$17.8K |
|
1187
CALL
Vanguard FTSE Europe ETF
VGK
$31.1B
| $14.2M | 0.01% |
303,300
+165,500
| +120% | +$8.04M |
|
1188
Jazz Pharmaceuticals
JAZZ
$16.5B
| $14.1M | 0.01% |
100,063
+59,803
| +149% | +$8.82M |
|
1189
PUT
Ryder
R
$9.39B
| $14.1M | 0.01% |
231,100
-22,600
| -9% | -$1.5M |
|
|
HBI
1190
CALL
DELISTED
Hanesbrands
HBI
| $14.1M | 0.01% |
561,300
+44,300
| +9% | +$1.21M |
|
1191
CALL
Teck Resources
TECK
$34.4B
| $14.1M | 0.01% |
1,066,900
-898,300
| -46% | -$9.28M |
|
1192
PUT
Mercado Libre
MELI
$98.8B
| $14M | 0.01% |
99,600
-17,200
| -15% | -$2.23M |
|
1193
PUT
Ally Financial
ALLY
$12.9B
| $14M | 0.01% |
817,600
+592,700
| +264% | +$10.2M |
|
|
NS
1194
CALL
DELISTED
NuStar Energy L.P.
NS
| $13.9M | 0.01% |
280,100
+163,600
| +140% | +$7.82M |
|
1195
CALL
PACCAR
PCAR
$68.4B
| $13.9M | 0.01% |
401,550
+15,000
| +4% | +$552K |
|
1196
PUT
Travelers Companies
TRV
$77.3B
| $13.9M | 0.01% |
116,400
+59,900
| +106% | +$6.78M |
|
|
ELLI
1197
CALL
DELISTED
Ellie Mae Inc
ELLI
| $13.8M | 0.01% |
151,100
+89,900
| +147% | +$7.64M |
|
1198
PUT
ProShares UltraPro S&P 500
UPRO
$5.45B
| $13.8M | 0.01% |
1,244,400
-483,000
| -28% | -$5.22M |
|
1199
PUT
Southern Copper
SCCO
$181B
| $13.8M | 0.01% |
559,038
-120,082
| -18% | -$3.01M |
|
1200
CALL
Hain Celestial
HAIN
$75.8M
| $13.8M | 0.01% |
277,000
+131,600
| +91% | +$6.09M |
|
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.