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 | |
|---|---|---|---|---|---|---|
|
ANDX
1276
CALL
DELISTED
Andeavor Logistics LP
ANDX
| $12.3M | 0.01% |
249,300
+205,100
| +464% | +$9.65M |
|
1277
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $12.3M | 0.01% |
90,000
-71,700
| -44% | -$9.68M |
|
|
JUNO
1278
CALL
DELISTED
Juno Therapeutics, Inc.
JUNO
| $12.3M | 0.01% |
320,800
-1,800
| -0.6% | -$74.7K |
|
1279
CALL
Liberty Global Class A
LBTYA
$3.66B
| $12.3M | 0.01% |
422,200
-16,145
| -4% | -$524K |
|
|
SFR
1280
CALL
DELISTED
Starwood Waypoint Homes
SFR
| $12.3M | 0.01% |
403,000
+347,900
| +631% | +$9.25M |
|
1281
CALL
ProShares Short QQQ
PSQ
$607M
| $12.3M | 0.01% |
46,400
-11,640
| -20% | -$3.08M |
|
1282
iShares Core MSCI EAFE ETF
IEFA
$195B
| $12.2M | 0.01% |
+235,783
| New | +$12.6M |
|
1283
CALL
Cleveland-Cliffs
CLF
$6.45B
| $12.2M | 0.01% |
2,156,200
+575,500
| +36% | +$2.37M |
|
|
IM
1284
DELISTED
Ingram Micro
IM
| $12.2M | 0.01% |
350,613
-14,737
| -4% | -$514K |
|
1285
Schwab International Equity ETF
SCHF
$69.4B
| $12.2M | 0.01% |
897,538
+527,626
| +143% | +$7.22M |
|
|
ATHN
1286
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $12.2M | 0.01% |
88,100
-7,000
| -7% | -$926K |
|
1287
CALL
Sanofi
SNY
$109B
| $12.1M | 0.01% |
289,700
+90,300
| +45% | +$3.7M |
|
1288
Cencora
COR
$61.8B
| $12.1M | 0.01% |
152,781
+133,946
| +711% | +$10.7M |
|
1289
PUT
Rockwell Automation
ROK
$47.7B
| $12.1M | 0.01% |
105,200
-43,400
| -29% | -$4.97M |
|
|
TYC
1290
CALL
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $12.1M | 0.01% |
270,742
-13,657
| -5% | -$572K |
|
|
RLYP
1291
DELISTED
RELYPSA INC COM
RLYP
| $12M | 0.01% |
650,762
+109,674
| +20% | +$1.93M |
|
1292
Universal Display
OLED
$3.89B
| $12M | 0.01% |
177,535
-33,863
| -16% | -$2.08M |
|
1293
PUT
Goodyear
GT
$1.73B
| $12M | 0.01% |
468,200
+85,100
| +22% | +$2.44M |
|
|
GRA
1294
CALL
DELISTED
W.R. Grace & Co.
GRA
| $12M | 0.01% |
164,000
+56,300
| +52% | +$4.3M |
|
1295
PUT
Ashland
ASH
$3.38B
| $12M | 0.01% |
213,598
+63,568
| +42% | +$3.52M |
|
|
FRC
1296
CALL
DELISTED
First Republic Bank
FRC
| $12M | 0.01% |
171,000
+109,500
| +178% | +$7.58M |
|
1297
Chevron
CVX
$398B
| $12M | 0.01% |
114,068
-535,110
| -82% | -$53.8M |
|
|
FTR
1298
CALL
DELISTED
Frontier Communications Corp.
FTR
| $12M | 0.01% |
161,380
-13,793
| -8% | -$1.08M |
|
|
ITC
1299
DELISTED
ITC HOLDINGS CORP
ITC
| $11.9M | 0.01% |
254,626
+41,773
| +20% | +$1.85M |
|
1300
PUT
Zimmer Biomet
ZBH
$19.3B
| $11.9M | 0.01% |
101,970
-45,114
| -31% | -$5.11M |
|
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.