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 | |
|---|---|---|---|---|---|---|
1201
PUT
Nokia
NOK
$57.8B
| $14.7M | 0.01% |
2,492,800
+346,800
| +16% | +$2.22M |
|
1202
PUT
ProShares UltraShort Russell2000
TWM
$44.1M
| $14.7M | 0.01% |
18,995
+1,250
| +7% | +$1.14M |
|
1203
CALL
Liberty Global Class A
LBTYA
$3.68B
| $14.7M | 0.01% |
438,345
-82,397
| -16% | -$2.59M |
|
1204
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$699M
| $14.7M | 0.01% |
10,005
-3,910
| -28% | -$4.05M |
|
|
FTR
1205
CALL
DELISTED
Frontier Communications Corp.
FTR
| $14.7M | 0.01% |
175,173
+108,033
| +161% | +$7.86M |
|
1206
CALL
Masco
MAS
$14.4B
| $14.7M | 0.01% |
465,900
-14,300
| -3% | -$394K |
|
|
HBI
1207
CALL
DELISTED
Hanesbrands
HBI
| $14.7M | 0.01% |
517,000
+261,200
| +102% | +$7.47M |
|
|
1208
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$699M
| $14.6M | 0.01% |
9,945
-9,015
| -48% | -$9.33M |
|
1209
CALL
Lincoln National
LNC
$8.16B
| $14.6M | 0.01% |
372,400
+16,100
| +5% | +$629K |
|
|
SPLK
1210
PUT
DELISTED
Splunk Inc
SPLK
| $14.6M | 0.01% |
298,100
-200,900
| -40% | -$9.04M |
|
1211
Seagate
STX
$186B
| $14.6M | 0.01% |
422,722
-53,864
| -11% | -$1.74M |
|
|
PXD
1212
DELISTED
Pioneer Natural Resource Co.
PXD
| $14.5M | 0.01% |
103,173
-277,804
| -73% | -$34.4M |
|
1213
CALL
Suncor Energy
SU
$76.4B
| $14.5M | 0.01% |
521,100
-55,500
| -10% | -$1.34M |
|
1214
PUT
Royal Gold
RGLD
$22.7B
| $14.5M | 0.01% |
282,500
+12,300
| +5% | +$502K |
|
1215
PUT
Melco Resorts & Entertainment
MLCO
$2.08B
| $14.5M | 0.01% |
876,300
-672,400
| -43% | -$10.2M |
|
|
RDUS
1216
PUT
DELISTED
Radius Health, Inc.
RDUS
| $14.5M | 0.01% |
460,100
+268,600
| +140% | +$9.29M |
|
|
BBBY
1217
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $14.5M | 0.01% |
291,400
-14,100
| -5% | -$660K |
|
1218
iShares Core Universal USD Bond ETF
IUSB
$43.8B
| $14.5M | 0.01% |
284,200
+177,302
| +166% | +$8.89M |
|
1219
Palo Alto Networks
PANW
$277B
| $14.5M | 0.01% |
531,948
-172,992
| -25% | -$4.25M |
|
|
JOYY
1220
JOYY Inc
JOYY
$3.78B
| $14.4M | 0.01% |
234,021
-50,710
| -18% | -$2.86M |
|
1221
CALL
HF Sinclair
DINO
$16.6B
| $14.4M | 0.01% |
407,200
+26,500
| +7% | +$913K |
|
1222
PUT
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $14.4M | 0.01% |
368,400
-52,400
| -12% | -$2M |
|
|
KSU
1223
PUT
DELISTED
Kansas City Southern
KSU
| $14.4M | 0.01% |
168,100
-158,800
| -49% | -$12.4M |
|
|
LL
1224
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $14.3M | 0.01% |
1,093,000
-489,100
| -31% | -$6.16M |
|
1225
CALL
iShares Russell 1000 Value ETF
IWD
$84.2B
| $14.3M | 0.01% |
145,100
+90,200
| +164% | +$8.45M |
|
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.