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 | |
|---|---|---|---|---|---|---|
1376
CALL
SL Green Realty
SLG
$4.15B
| $10.8M | 0.01% |
105,264
+11,983
| +13% | +$1.18M |
|
|
LNW
1377
CALL
DELISTED
Light & Wonder
LNW
| $10.8M | 0.01% |
1,180,100
-609,200
| -34% | -$5.75M |
|
1378
PUT
Barclays
BCS
$90.6B
| $10.8M | 0.01% |
1,521,595
+937,047
| +160% | +$8.43M |
|
1379
CALL
Domino's
DPZ
$11.5B
| $10.8M | 0.01% |
82,500
-130,100
| -61% | -$16.5M |
|
1380
CALL
TechnipFMC
FTI
$29.7B
| $10.8M | 0.01% |
545,933
+372,019
| +214% | +$7.69M |
|
|
NE
1381
PUT
DELISTED
Noble Corporation
NE
| $10.8M | 0.01% |
1,314,300
-17,900
| -1% | -$171K |
|
|
WBMD
1382
PUT
DELISTED
WebMD Health Corp.
WBMD
| $10.8M | 0.01% |
186,300
+119,000
| +177% | +$7.44M |
|
1383
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $10.8M | 0.01% |
56,300
+21,600
| +62% | +$4.11M |
|
1384
CALL
3D Systems Corp
DDD
$518M
| $10.8M | 0.01% |
789,700
-360,400
| -31% | -$5.21M |
|
|
LL
1385
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $10.8M | 0.01% |
700,700
-392,300
| -36% | -$5.44M |
|
1386
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $10.8M | 0.01% |
87,900
-181,100
| -67% | -$21.7M |
|
1387
Vanguard Dividend Appreciation ETF
VIG
$114B
| $10.8M | 0.01% |
129,598
+101,172
| +356% | +$8.26M |
|
1388
CALL
SiriusXM
SIRI
$9.59B
| $10.8M | 0.01% |
273,020
+211,800
| +346% | +$8.32M |
|
1389
PUT
United States Natural Gas Fund
UNG
$511M
| $10.8M | 0.01% |
77,975
-43,519
| -36% | -$4.98M |
|
1390
CALL
Pultegroup
PHM
$24.7B
| $10.8M | 0.01% |
552,900
+63,900
| +13% | +$1.18M |
|
|
TYC
1391
PUT
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $10.8M | 0.01% |
241,424
+175,911
| +269% | +$7.37M |
|
1392
McKesson
MCK
$102B
| $10.8M | 0.01% |
57,658
-11,212
| -16% | -$1.97M |
|
1393
PUT
Banco Santander
SAN
$214B
| $10.8M | 0.01% |
2,862,365
+570,469
| +25% | +$2.48M |
|
1394
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.29B
| $10.7M | 0.01% |
363,107
+335,691
| +1,224% | +$9.61M |
|
|
AMSGP
1395
DELISTED
Amsurg Corp. 5.25% Mandatory Convertible Pft Stk Ser A-1
AMSGP
| $10.7M | 0.01% |
+74,400
| New | +$10.8M |
|
1396
CALL
Shake Shack
SHAK
$3.05B
| $10.7M | 0.01% |
294,500
+78,500
| +36% | +$2.85M |
|
1397
Alerian MLP ETF
AMLP
$13.3B
| $10.7M | 0.01% |
+168,610
| New | +$10.2M |
|
1398
CALL
British American Tobacco
BTI
$122B
| $10.7M | 0.01% |
165,400
+93,000
| +128% | +$5.63M |
|
|
HAR
1399
PUT
DELISTED
Harman International Industries
HAR
| $10.7M | 0.01% |
149,100
+59,600
| +67% | +$4.65M |
|
1400
PUT
Intercontinental Exchange
ICE
$91.5B
| $10.7M | 0.01% |
209,000
-288,500
| -58% | -$14.6M |
|
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.