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 | |
|---|---|---|---|---|---|---|
|
P
1276
DELISTED
Pandora Media Inc
P
| $13.5M | 0.01% |
1,512,315
-3,118,959
| -67% | -$30.6M |
|
1277
CALL
Assured Guaranty
AGO
$3.3B
| $13.5M | 0.01% |
534,800
+141,700
| +36% | +$3.49M |
|
1278
Southern Company
SO
$103B
| $13.5M | 0.01% |
261,531
-25,189
| -9% | -$1.23M |
|
|
CKEC
1279
CALL
DELISTED
Carmike Cinemas Inc
CKEC
| $13.5M | 0.01% |
448,000
+415,500
| +1,278% | +$10.1M |
|
1280
CALL
Ciena
CIEN
$54.9B
| $13.4M | 0.01% |
705,700
-955,800
| -58% | -$17.7M |
|
1281
Trip.com Group
TCOM
$29B
| $13.4M | 0.01% |
302,854
+279,033
| +1,171% | +$11.7M |
|
1282
CALL
Precigen
PGEN
$2.61B
| $13.4M | 0.01% |
399,060
+139,041
| +53% | +$4.38M |
|
1283
Petrobras
PBR
$115B
| $13.4M | 0.01% |
2,293,536
-6,006,656
| -72% | -$24.3M |
|
|
P
1284
CALL
DELISTED
Pandora Media Inc
P
| $13.4M | 0.01% |
1,491,800
-2,203,700
| -60% | -$21.6M |
|
1285
CALL
Invesco
IVZ
$14.4B
| $13.4M | 0.01% |
433,900
+206,400
| +91% | +$5.96M |
|
1286
Regeneron Pharmaceuticals
REGN
$85.8B
| $13.3M | 0.01% |
37,023
-3,281
| -8% | -$1.35M |
|
1287
PUT
PVH
PVH
$3.44B
| $13.3M | 0.01% |
134,500
-41,000
| -23% | -$3.23M |
|
1288
Tyson Foods
TSN
$20.1B
| $13.3M | 0.01% |
199,000
-6,154
| -3% | -$370K |
|
1289
CALL
Targa Resources
TRGP
$61.5B
| $13.2M | 0.01% |
443,700
+173,000
| +64% | +$4.13M |
|
1290
PUT
US Bancorp
USB
$97.2B
| $13.2M | 0.01% |
325,500
-485,500
| -60% | -$19.4M |
|
|
ATHN
1291
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $13.2M | 0.01% |
95,100
-116,100
| -55% | -$15.9M |
|
|
TTM
1292
CALL
DELISTED
Tata Motors Limited
TTM
| $13.2M | 0.01% |
454,300
+45,100
| +11% | +$1.14M |
|
1293
PUT
iShares MSCI Australia ETF
EWA
$1.36B
| $13.2M | 0.01% |
682,800
-383,800
| -36% | -$6.91M |
|
|
JUNO
1294
PUT
DELISTED
Juno Therapeutics, Inc.
JUNO
| $13.2M | 0.01% |
346,300
-38,400
| -10% | -$1.34M |
|
1295
PUT
Vulcan Materials
VMC
$35.5B
| $13.2M | 0.01% |
124,700
-43,100
| -26% | -$4.08M |
|
1296
PUT
Fossil Group
FOSL
$323M
| $13.2M | 0.01% |
296,100
-59,300
| -17% | -$2.34M |
|
|
1297
PUT
Precigen
PGEN
$2.61B
| $13.1M | 0.01% |
391,290
-319,752
| -45% | -$10.1M |
|
|
IM
1298
DELISTED
Ingram Micro
IM
| $13.1M | 0.01% |
365,350
+310,350
| +564% | +$9.93M |
|
1299
PUT
Jack in the Box
JACK
$320M
| $13.1M | 0.01% |
205,400
+114,900
| +127% | +$8.08M |
|
1300
PUT
Becton Dickinson
BDX
$51.7B
| $13.1M | 0.01% |
88,560
+18,860
| +27% | +$2.68M |
|
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.