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 | |
|---|---|---|---|---|---|---|
|
RAD
1401
PUT
DELISTED
Rite Aid Corporation
RAD
| $11.7M | 0.01% |
71,750
-229,240
| -76% | -$36.2M |
|
1402
Weyerhaeuser
WY
$17.6B
| $11.7M | 0.01% |
377,006
-111,091
| -23% | -$2.97M |
|
1403
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$252M
| $11.7M | 0.01% |
49,610
-22,440
| -31% | -$4.45M |
|
|
WFT
1404
PUT
DELISTED
Weatherford International plc
WFT
| $11.7M | 0.01% |
1,499,600
+516,300
| +53% | +$3.48M |
|
|
LLL
1405
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $11.6M | 0.01% |
98,000
-2,500
| -2% | -$292K |
|
1406
NXP Semiconductors
NXPI
$56.7B
| $11.6M | 0.01% |
143,148
-455,469
| -76% | -$34M |
|
|
WUBA
1407
PUT
DELISTED
58.com Inc
WUBA
| $11.6M | 0.01% |
208,300
-36,500
| -15% | -$2.02M |
|
1408
Incyte
INCY
$26.3B
| $11.6M | 0.01% |
159,803
+74,075
| +86% | +$5.52M |
|
|
DISH
1409
DELISTED
DISH Network Corp.
DISH
| $11.6M | 0.01% |
250,254
+65,990
| +36% | +$3.18M |
|
|
STRP
1410
PUT
DELISTED
Straight Path Communications Inc.
STRP
| $11.5M | 0.01% |
372,100
-15,600
| -4% | -$389K |
|
1411
CALL
Golar LNG
GLNG
$5.31B
| $11.5M | 0.01% |
641,700
-2,081,400
| -76% | -$35.5M |
|
|
BID
1412
CALL
DELISTED
Sotheby's
BID
| $11.5M | 0.01% |
431,300
+217,100
| +101% | +$5.21M |
|
1413
Vanguard Extended Market ETF
VXF
$31.5B
| $11.5M | 0.01% |
+138,616
| New | +$10.7M |
|
|
GAS
1414
DELISTED
AGL Resources Inc
GAS
| $11.5M | 0.01% |
176,128
-31,897
| -15% | -$2.05M |
|
1415
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12.1B
| $11.5M | 0.01% |
122,723
-143,182
| -54% | -$12.6M |
|
1416
PUT
Moody's
MCO
$88.9B
| $11.5M | 0.01% |
118,600
+28,700
| +32% | +$2.58M |
|
1417
Universal Display
OLED
$4.11B
| $11.4M | 0.01% |
211,398
-86,213
| -29% | -$4.21M |
|
1418
PUT
Welltower
WELL
$174B
| $11.4M | 0.01% |
164,900
-47,500
| -22% | -$3.06M |
|
1419
CALL
Northern Trust
NTRS
$34.2B
| $11.4M | 0.01% |
175,300
+97,100
| +124% | +$6.09M |
|
1420
PUT
Labcorp
LH
$27.4B
| $11.4M | 0.01% |
113,257
-178,791
| -61% | -$17.1M |
|
|
SPLS
1421
CALL
DELISTED
Staples Inc
SPLS
| $11.4M | 0.01% |
1,033,100
-797,500
| -44% | -$7.5M |
|
1422
PUT
Nordic American Tanker
NAT
$1.46B
| $11.4M | 0.01% |
814,867
+380,822
| +88% | +$5.07M |
|
1423
CALL
PVH
PVH
$3.44B
| $11.4M | 0.01% |
114,800
+24,200
| +27% | +$1.9M |
|
1424
Target
TGT
$74.2B
| $11.4M | 0.01% |
138,024
-138,037
| -50% | -$10.4M |
|
1425
CALL
Bunge Global
BG
$21.5B
| $11.4M | 0.01% |
200,300
-71,000
| -26% | -$4.05M |
|
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.