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 | |
|---|---|---|---|---|---|---|
1251
ArcelorMittal
MT
$55.5B
| $14M | 0.01% |
1,016,894
+101,911
| +11% | +$984K |
|
|
SNDK
1252
DELISTED
SANDISK CORP
SNDK
| $14M | 0.01% |
183,645
-141,004
| -43% | -$10.2M |
|
1253
iShares Core MSCI Emerging Markets ETF
IEMG
$161B
| $14M | 0.01% |
335,429
+324,652
| +3,012% | +$12.3M |
|
1254
CALL
Franklin Templeton
BEN
$17.8B
| $13.9M | 0.01% |
357,000
-80,200
| -18% | -$2.84M |
|
1255
CALL
Pacira BioSciences
PCRX
$1.02B
| $13.9M | 0.01% |
263,000
+60,400
| +30% | +$3.53M |
|
1256
PUT
Check Point Software Technologies
CHKP
$13.2B
| $13.9M | 0.01% |
158,800
+5,300
| +3% | +$426K |
|
|
PF
1257
DELISTED
Pinnacle Foods, Inc.
PF
| $13.9M | 0.01% |
310,272
+265,977
| +600% | +$11.5M |
|
|
GAP
1258
CALL
The Gap Inc
GAP
$7.25B
| $13.9M | 0.01% |
471,300
-345,000
| -42% | -$9.06M |
|
1259
Coca-Cola Europacific Partners
CCEP
$48.5B
| $13.8M | 0.01% |
272,297
+23,401
| +9% | +$1.13M |
|
1260
CALL
Realty Income
O
$59.5B
| $13.8M | 0.01% |
227,659
+94,015
| +70% | +$5.23M |
|
|
NE
1261
PUT
DELISTED
Noble Corporation
NE
| $13.8M | 0.01% |
1,332,200
-561,100
| -30% | -$5.09M |
|
1262
PUT
Mercado Libre
MELI
$101B
| $13.8M | 0.01% |
116,800
-122,600
| -51% | -$12.7M |
|
1263
PUT
Teck Resources
TECK
$35.1B
| $13.7M | 0.01% |
1,805,400
-592,200
| -25% | -$3.2M |
|
1264
PUT
Ferrari
RACE
$74.1B
| $13.7M | 0.01% |
+329,300
| New | +$13.3M |
|
1265
PUT
Eaton
ETN
$159B
| $13.7M | 0.01% |
219,200
-50,800
| -19% | -$2.81M |
|
1266
Norfolk Southern
NSC
$78.9B
| $13.7M | 0.01% |
164,612
+82,568
| +101% | +$6.24M |
|
|
THS
1267
CALL
DELISTED
Treehouse Foods
THS
| $13.7M | 0.01% |
157,900
+81,100
| +106% | +$6.48M |
|
|
CIT
1268
CALL
DELISTED
CIT Group Inc.
CIT
| $13.7M | 0.01% |
441,000
+290,100
| +192% | +$9.14M |
|
1269
CALL
Unilever
UL
$140B
| $13.7M | 0.01% |
268,711
+81,422
| +43% | +$3.96M |
|
1270
PUT
Vipshop
VIPS
$6.8B
| $13.6M | 0.01% |
1,059,300
-365,300
| -26% | -$4.58M |
|
|
TTM
1271
PUT
DELISTED
Tata Motors Limited
TTM
| $13.6M | 0.01% |
467,300
+15,800
| +3% | +$399K |
|
1272
PUT
Flowers Foods
FLO
$1.51B
| $13.6M | 0.01% |
734,100
+379,700
| +107% | +$7.2M |
|
1273
Ralph Lauren
RL
$21.6B
| $13.6M | 0.01% |
140,763
+57,496
| +69% | +$5.64M |
|
1274
CALL
United Therapeutics
UTHR
$22.2B
| $13.6M | 0.01% |
121,600
+16,000
| +15% | +$2.02M |
|
1275
eBay
EBAY
$47.2B
| $13.5M | 0.01% |
567,361
+230,835
| +69% | +$5.62M |
|
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.