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 | |
|---|---|---|---|---|---|---|
|
DISH
1376
PUT
DELISTED
DISH Network Corp.
DISH
| $12M | 0.01% |
259,300
-241,900
| -48% | -$11.7M |
|
1377
RH
RH
$2.67B
| $12M | 0.01% |
286,133
+215,761
| +307% | +$11M |
|
1378
Transocean
RIG
$6.42B
| $12M | 0.01% |
1,311,585
-731,839
| -36% | -$7.28M |
|
|
BLUE
1379
DELISTED
bluebird bio
BLUE
| $12M | 0.01% |
21,767
+18,932
| +668% | +$11.6M |
|
1380
CALL
Galicia Financial Group
GGAL
$7.1B
| $12M | 0.01% |
422,900
-51,600
| -11% | -$1.43M |
|
1381
PUT
Trinity Industries
TRN
$2.36B
| $11.9M | 0.01% |
905,906
-228,768
| -20% | -$3.21M |
|
1382
PUT
ProShares UltraShort S&P500
SDS
$396M
| $11.9M | 0.01% |
6,296
-122
| -2% | -$262K |
|
1383
CALL
Kohl's
KSS
$2B
| $11.9M | 0.01% |
255,800
-17,400
| -6% | -$817K |
|
1384
CALL
United States Natural Gas Fund
UNG
$515M
| $11.9M | 0.01% |
111,750
-96,950
| -46% | -$11.2M |
|
|
ARII
1385
PUT
DELISTED
American Railcar Industries, Inc.
ARII
| $11.9M | 0.01% |
292,300
+241,000
| +470% | +$10.1M |
|
1386
CALL
Ionis Pharmaceuticals
IONS
$10.6B
| $11.9M | 0.01% |
293,600
-72,900
| -20% | -$2.96M |
|
1387
F5
FFIV
$21.7B
| $11.9M | 0.01% |
112,074
-160,278
| -59% | -$15.4M |
|
1388
CALL
Quest Diagnostics
DGX
$27B
| $11.8M | 0.01% |
165,800
+9,000
| +6% | +$604K |
|
1389
iShares MBS ETF
MBB
$39.3B
| $11.8M | 0.01% |
108,149
+15,243
| +16% | +$1.66M |
|
1390
Oneok
OKE
$57.8B
| $11.8M | 0.01% |
395,900
+142,218
| +56% | +$3.5M |
|
|
SRG
1391
Seritage Growth Properties
SRG
$119M
| $11.8M | 0.01% |
236,461
+171,790
| +266% | +$7.14M |
|
1392
PUT
Thermo Fisher Scientific
TMO
$232B
| $11.8M | 0.01% |
83,200
-33,200
| -29% | -$4.45M |
|
1393
PUT
Shake Shack
SHAK
$2.99B
| $11.8M | 0.01% |
315,500
+84,300
| +36% | +$3.03M |
|
|
SPLS
1394
PUT
DELISTED
Staples Inc
SPLS
| $11.8M | 0.01% |
1,067,400
-965,500
| -47% | -$9.08M |
|
1395
PUT
Mattel
MAT
$4.36B
| $11.8M | 0.01% |
349,900
-174,900
| -33% | -$5.31M |
|
|
CHL
1396
PUT
DELISTED
China Mobile Limited
CHL
| $11.8M | 0.01% |
212,100
-295,000
| -58% | -$15.9M |
|
1397
Magna International
MGA
$17.7B
| $11.7M | 0.01% |
273,299
+79,440
| +41% | +$2.96M |
|
|
FTR
1398
PUT
DELISTED
Frontier Communications Corp.
FTR
| $11.7M | 0.01% |
139,993
-14,934
| -10% | -$1.09M |
|
1399
CALL
Cirrus Logic
CRUS
$5.58B
| $11.7M | 0.01% |
322,100
-83,400
| -21% | -$2.7M |
|
1400
ProShares UltraPro QQQ
TQQQ
$35.4B
| $11.7M | 0.01% |
5,489,280
+558,048
| +11% | +$1.04M |
|
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.