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 | |
|---|---|---|---|---|---|---|
|
SA
1401
PUT
Seabridge Gold
SA
$3.56B
| $10.7M | 0.01% |
726,400
+117,100
| +19% | +$1.59M |
|
|
DATA
1402
DELISTED
Tableau Software, Inc.
DATA
| $10.6M | 0.01% |
217,004
-166,827
| -43% | -$8.36M |
|
1403
CALL
Suncor Energy
SU
$78.8B
| $10.6M | 0.01% |
382,600
-138,500
| -27% | -$3.8M |
|
1404
CALL
iShares Select Dividend ETF
DVY
$23.9B
| $10.6M | 0.01% |
124,000
+16,900
| +16% | +$1.39M |
|
|
NVRO
1405
CALL
DELISTED
NEVRO CORP.
NVRO
| $10.5M | 0.01% |
143,000
+106,800
| +295% | +$7.25M |
|
1406
CALL
YPF Sociedad Anonima ADS
YPF
$20.1B
| $10.5M | 0.01% |
547,800
+132,600
| +32% | +$2.64M |
|
1407
CALL
Zimmer Biomet
ZBH
$19.3B
| $10.5M | 0.01% |
89,919
+22,969
| +34% | +$2.6M |
|
1408
PUT
Synaptics
SYNA
$3.66B
| $10.5M | 0.01% |
195,400
-73,800
| -27% | -$5.07M |
|
1409
PUT
General Dynamics
GD
$104B
| $10.5M | 0.01% |
75,400
-242,100
| -76% | -$33.7M |
|
1410
Sarepta Therapeutics
SRPT
$1.92B
| $10.5M | 0.01% |
549,962
-27,085
| -5% | -$502K |
|
1411
CALL
Alkermes
ALKS
$8.2B
| $10.5M | 0.01% |
242,300
+206,900
| +584% | +$8.54M |
|
1412
PUT
MPLX
MPLX
$59.3B
| $10.5M | 0.01% |
310,800
-70,900
| -19% | -$2.25M |
|
1413
CALL
Ashland
ASH
$3.38B
| $10.4M | 0.01% |
185,800
-21,666
| -10% | -$1.2M |
|
1414
PUT
Wayfair
W
$14.1B
| $10.4M | 0.01% |
267,100
+103,900
| +64% | +$4.14M |
|
1415
PUT
Deckers Outdoor
DECK
$12.5B
| $10.4M | 0.01% |
1,084,800
-921,000
| -46% | -$8.51M |
|
1416
PUT
Herc Holdings
HRI
$5.28B
| $10.4M | 0.01% |
312,633
-24,100
| -7% | -$692K |
|
1417
3M
MMM
$92.3B
| $10.3M | 0.01% |
70,673
-44,540
| -39% | -$6.28M |
|
1418
CALL
Cedar Fair
FUN
$1.73B
| $10.3M | 0.01% |
178,900
+143,500
| +405% | +$8.39M |
|
1419
Capri Holdings
CPRI
$1.55B
| $10.3M | 0.01% |
208,366
+177,620
| +578% | +$8.72M |
|
|
ALR
1420
DELISTED
Alere Inc
ALR
| $10.3M | 0.01% |
247,243
+83,952
| +51% | +$3.64M |
|
1421
iShares Core S&P Total US Stock Market ETF
ITOT
$96.8B
| $10.3M | 0.01% |
216,286
+51,650
| +31% | +$2.44M |
|
1422
PUT
Lincoln National
LNC
$8.11B
| $10.3M | 0.01% |
265,200
+160,600
| +154% | +$6.81M |
|
1423
PUT
Dover
DOV
$27.4B
| $10.3M | 0.01% |
183,595
+28,102
| +18% | +$1.51M |
|
1424
PUT
Ares Capital
ARCC
$14.4B
| $10.3M | 0.01% |
723,900
+604,500
| +506% | +$8.97M |
|
1425
CALL
DaVita
DVA
$11.3B
| $10.3M | 0.01% |
132,800
+17,800
| +15% | +$1.35M |
|
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.