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 | |
|---|---|---|---|---|---|---|
1201
CALL
PPG Industries
PPG
$25.2B
| $13.8M | 0.01% |
132,300
-69,600
| -34% | -$7.6M |
|
1202
PUT
Dycom Industries
DY
$11.4B
| $13.8M | 0.01% |
153,300
+67,200
| +78% | +$5.08M |
|
1203
CALL
Centene
CNC
$32.4B
| $13.7M | 0.01% |
384,400
+76,800
| +25% | +$2.41M |
|
|
MNDT
1204
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $13.7M | 0.01% |
831,745
-967,705
| -54% | -$15.6M |
|
|
BSCG
1205
DELISTED
Guggenheim BulletShares 2016 Corporate Bond ETF
BSCG
| $13.7M | 0.01% |
619,959
-403,155
| -39% | -$8.89M |
|
|
SPWR
1206
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $13.6M | 0.01% |
1,343,913
+752,659
| +127% | +$8.87M |
|
1207
PUT
Bunge Global
BG
$21.2B
| $13.6M | 0.01% |
229,800
+70,300
| +44% | +$4.3M |
|
1208
Barclays
BCS
$90.7B
| $13.6M | 0.01% |
1,907,704
+779,629
| +69% | +$7.01M |
|
1209
CALL
ProShares UltraPro S&P 500
UPRO
$5.45B
| $13.6M | 0.01% |
1,222,800
+218,400
| +22% | +$2.36M |
|
1210
CALL
Canadian Natural Resources
CNQ
$104B
| $13.5M | 0.01% |
896,030
-328,136
| -27% | -$4.64M |
|
1211
CALL
FMC
FMC
$1.41B
| $13.5M | 0.01% |
336,561
+219,647
| +188% | +$8.61M |
|
1212
PUT
Precigen
PGEN
$2.57B
| $13.5M | 0.01% |
552,528
+161,238
| +41% | +$4.57M |
|
1213
CALL
Bath & Body Works
BBWI
$3.86B
| $13.4M | 0.01% |
247,524
-16,204
| -6% | -$949K |
|
1214
CALL
Vipshop
VIPS
$6.88B
| $13.4M | 0.01% |
1,202,400
-369,200
| -23% | -$4.52M |
|
1215
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $13.4M | 0.01% |
115,959
+56,672
| +96% | +$6.44M |
|
1216
PUT
National Healthcare
NHC
$3.58B
| $13.4M | 0.01% |
206,600
-3,100
| -1% | -$197K |
|
1217
PUT
NRG Energy
NRG
$23.5B
| $13.4M | 0.01% |
891,400
+337,500
| +61% | +$5M |
|
|
PNY
1218
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $13.3M | 0.01% |
222,012
+150,988
| +213% | +$9.04M |
|
1219
PUT
Canadian Imperial Bank of Commerce
CM
$105B
| $13.3M | 0.01% |
355,400
+136,800
| +63% | +$5.33M |
|
|
ALR
1220
PUT
DELISTED
Alere Inc
ALR
| $13.3M | 0.01% |
320,000
+23,700
| +8% | +$1.03M |
|
|
WNR
1221
PUT
DELISTED
Western Refining Inc
WNR
| $13.3M | 0.01% |
646,500
+354,100
| +121% | +$8.31M |
|
|
GOLD
1222
DELISTED
Randgold Resources Ltd
GOLD
| $13.3M | 0.01% |
+118,786
| New | +$11M |
|
1223
PUT
iShares MSCI Japan ETF
EWJ
$22.4B
| $13.3M | 0.01% |
286,450
-95,225
| -25% | -$4.43M |
|
|
ASRT
1224
CALL
DELISTED
Assertio
ASRT
| $13.2M | 0.01% |
11,230
+983
| +10% | +$1.07M |
|
1225
CALL
Northern Trust
NTRS
$34.2B
| $13.2M | 0.01% |
198,900
+23,600
| +13% | +$1.64M |
|
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.