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 | |
|---|---|---|---|---|---|---|
1251
PUT
Hewlett Packard
HPE
$69.4B
| $12.7M | 0.01% |
1,194,411
+762,551
| +177% | +$7.76M |
|
|
FIT
1252
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $12.7M | 0.01% |
1,035,900
-286,000
| -22% | -$4.23M |
|
1253
PUT
Emerson Electric
EMR
$87.9B
| $12.7M | 0.01% |
242,600
-141,200
| -37% | -$7.5M |
|
|
TFCFA
1254
PUT
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $12.6M | 0.01% |
467,400
-381,100
| -45% | -$11.1M |
|
1255
PUT
Bread Financial
BFH
$4.04B
| $12.6M | 0.01% |
80,819
+21,051
| +35% | +$3.5M |
|
|
IMPV
1256
CALL
DELISTED
Imperva, Inc.
IMPV
| $12.6M | 0.01% |
293,700
+241,400
| +462% | +$10.1M |
|
1257
PUT
Colgate-Palmolive
CL
$73.8B
| $12.6M | 0.01% |
172,500
-651,200
| -79% | -$46.4M |
|
1258
PUT
United Therapeutics
UTHR
$22B
| $12.6M | 0.01% |
119,100
-48,900
| -29% | -$5.45M |
|
|
SINA
1259
CALL
DELISTED
Sina Corp
SINA
| $12.6M | 0.01% |
243,200
+103,800
| +74% | +$5.19M |
|
1260
PUT
ProShares UltraPro QQQ
TQQQ
$34.7B
| $12.6M | 0.01% |
6,273,600
-11,337,600
| -64% | -$23.3M |
|
1261
PUT
Shake Shack
SHAK
$3.05B
| $12.6M | 0.01% |
345,200
+29,700
| +9% | +$1.08M |
|
|
EBIX
1262
CALL
DELISTED
Ebix Inc
EBIX
| $12.6M | 0.01% |
262,100
+182,100
| +228% | +$8.37M |
|
1263
Chubb
CB
$133B
| $12.6M | 0.01% |
96,041
-43,306
| -31% | -$5.34M |
|
1264
PUT
Akamai
AKAM
$15.2B
| $12.5M | 0.01% |
224,100
-194,300
| -46% | -$10.2M |
|
1265
WisdomTree Japan Hedged Equity Fund
DXJ
$7.22B
| $12.5M | 0.01% |
322,853
-263,860
| -45% | -$11.1M |
|
|
RAD
1266
DELISTED
Rite Aid Corporation
RAD
| $12.5M | 0.01% |
83,573
-32,799
| -28% | -$5.17M |
|
1267
PUT
Annaly Capital Management
NLY
$17.5B
| $12.5M | 0.01% |
282,700
+59,800
| +27% | +$2.54M |
|
|
WFT
1268
CALL
DELISTED
Weatherford International plc
WFT
| $12.5M | 0.01% |
2,250,900
+1,678,700
| +293% | +$10.9M |
|
1269
PUT
Darden Restaurants
DRI
$25.6B
| $12.5M | 0.01% |
197,100
-17,100
| -8% | -$1.12M |
|
1270
CALL
Gen Digital
GEN
$17.4B
| $12.5M | 0.01% |
607,400
+313,000
| +106% | +$5.63M |
|
1271
CALL
Align Technology
ALGN
$11.3B
| $12.5M | 0.01% |
154,600
-40,700
| -21% | -$3.11M |
|
|
PPLI
1272
CALL
People Inc
PPLI
$2.89B
| $12.4M | 0.01% |
1,233,787
-799,584
| -39% | -$7.41M |
|
|
MIC
1273
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $12.4M | 0.01% |
167,400
-20,700
| -11% | -$1.46M |
|
1274
CALL
iShares MSCI United Kingdom ETF
EWU
$3.85B
| $12.4M | 0.01% |
402,000
+381,750
| +1,885% | +$12.1M |
|
1275
CALL
Fluor
FLR
$6.86B
| $12.3M | 0.01% |
250,600
+62,500
| +33% | +$3.25M |
|
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.