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 | |
|---|---|---|---|---|---|---|
|
SCHW
1426
PUT
Charles Schwab
SCHW
$194B
| $11.3M | 0.01% |
404,500
-106,500
| -21% | -$2.81M |
|
1427
PUT
MPLX
MPLX
$59.2B
| $11.3M | 0.01% |
381,700
+55,800
| +17% | +$1.51M |
|
|
AVB
1428
CALL
DELISTED
AvalonBay Communities
AVB
| $11.3M | 0.01% |
59,500
-50,100
| -46% | -$8.85M |
|
1429
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.7M
| $11.3M | 0.01% |
80,500
+23,900
| +42% | +$3.35M |
|
|
NVO
1430
Novo Nordisk
NVO
$215B
| $11.3M | 0.01% |
417,464
+344,450
| +472% | +$9.23M |
|
1431
Precigen
PGEN
$2.61B
| $11.3M | 0.01% |
336,321
-274,100
| -45% | -$8.63M |
|
1432
PUT
Manhattan Associates
MANH
$12.4B
| $11.3M | 0.01% |
198,600
+139,200
| +234% | +$7.74M |
|
|
RDS.B
1433
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $11.3M | 0.01% |
229,400
-51,700
| -18% | -$2.32M |
|
1434
PUT
Bath & Body Works
BBWI
$3.54B
| $11.3M | 0.01% |
158,831
-159,573
| -50% | -$11.4M |
|
1435
Sarepta Therapeutics
SRPT
$2B
| $11.3M | 0.01% |
577,047
-109,719
| -16% | -$1.92M |
|
1436
Atmos Energy
ATO
$28.3B
| $11.2M | 0.01% |
151,236
| – | – |
|
1437
Nokia
NOK
$57.8B
| $11.2M | 0.01% |
1,899,958
-147,969
| -7% | -$948K |
|
1438
PUT
VeriSign
VRSN
$26.6B
| $11.2M | 0.01% |
126,700
+56,800
| +81% | +$4.64M |
|
1439
PUT
XPO
XPO
$22.5B
| $11.2M | 0.01% |
1,055,648
-366,629
| -26% | -$3.2M |
|
1440
Merck
MRK
$386B
| $11.2M | 0.01% |
221,670
-771,065
| -78% | -$37.8M |
|
1441
CALL
State Street
STT
$53B
| $11.2M | 0.01% |
191,100
-101,000
| -35% | -$5.73M |
|
1442
United Rentals
URI
$65.6B
| $11.2M | 0.01% |
179,751
-40,568
| -18% | -$2.26M |
|
|
LVLT
1443
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $11.2M | 0.01% |
211,500
+169,900
| +408% | +$8.38M |
|
1444
CALL
Ashland
ASH
$3.38B
| $11.2M | 0.01% |
207,466
+25,346
| +14% | +$1.22M |
|
1445
PUT
Zillow
ZG
$8.34B
| $11.2M | 0.01% |
436,400
-551,700
| -56% | -$12.3M |
|
1446
WEC Energy
WEC
$34.8B
| $11.1M | 0.01% |
185,592
-63,204
| -25% | -$3.54M |
|
|
ATVI
1447
DELISTED
Activision Blizzard
ATVI
| $11.1M | 0.01% |
329,047
+258,625
| +367% | +$8.48M |
|
|
APC
1448
DELISTED
Anadarko Petroleum
APC
| $11.1M | 0.01% |
238,726
-628,111
| -72% | -$25.5M |
|
|
NSM
1449
PUT
DELISTED
Nationstar Mortgage Holdings
NSM
| $11.1M | 0.01% |
1,123,000
+845,800
| +305% | +$9.01M |
|
1450
PUT
TotalEnergies
TTE
$196B
| $11M | 0.01% |
243,200
-314,500
| -56% | -$13.9M |
|
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.