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 | |
|---|---|---|---|---|---|---|
|
LTRPA
1426
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.3M | 0.01% |
468,519
-19,766
| -4% | -$435K |
|
1427
Intuitive Surgical
ISRG
$132B
| $10.2M | 0.01% |
138,969
-239,751
| -63% | -$16.9M |
|
1428
Autodesk
ADSK
$53.7B
| $10.2M | 0.01% |
188,146
-65,571
| -26% | -$3.79M |
|
1429
CALL
Wolfspeed
WOLF
$1.29B
| $10.2M | 0.01% |
415,700
-521,600
| -56% | -$12.7M |
|
1430
CALL
Tyler Technologies
TYL
$14.6B
| $10.2M | 0.01% |
60,900
+6,900
| +13% | +$1.02M |
|
|
BPL
1431
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $10.1M | 0.01% |
144,300
-171,200
| -54% | -$12M |
|
1432
ProShares UltraPro QQQ
TQQQ
$34.7B
| $10.1M | 0.01% |
5,047,392
-441,888
| -8% | -$908K |
|
1433
PUT
Albemarle
ALB
$16.7B
| $10.1M | 0.01% |
127,500
+31,200
| +32% | +$2.29M |
|
|
THS
1434
CALL
DELISTED
Treehouse Foods
THS
| $10.1M | 0.01% |
98,500
-59,400
| -38% | -$5.48M |
|
1435
CALL
Jack in the Box
JACK
$342M
| $10.1M | 0.01% |
117,500
-18,200
| -13% | -$1.37M |
|
|
ELLI
1436
PUT
DELISTED
Ellie Mae Inc
ELLI
| $10.1M | 0.01% |
110,100
-31,700
| -22% | -$2.69M |
|
1437
CALL
Ball Corp
BALL
$17.1B
| $10.1M | 0.01% |
278,800
-418,600
| -60% | -$15.2M |
|
1438
PUT
Intuit
INTU
$101B
| $10.1M | 0.01% |
90,100
-44,500
| -33% | -$4.65M |
|
1439
CALL
Motorola Solutions
MSI
$79.7B
| $10M | 0.01% |
152,200
+57,800
| +61% | +$4.11M |
|
1440
PUT
Qorvo
QRVO
$8.41B
| $10M | 0.01% |
181,400
-70,000
| -28% | -$3.5M |
|
|
DWRE
1441
PUT
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $10M | 0.01% |
133,800
+63,500
| +90% | +$3.43M |
|
|
FITB
1442
CALL
Fifth Third Bancorp
FITB
$49.8B
| $10M | 0.01% |
569,600
+35,800
| +7% | +$642K |
|
1443
CALL
Ryder
R
$9.39B
| $10M | 0.01% |
163,700
+16,400
| +11% | +$1.09M |
|
|
WWAV
1444
PUT
DELISTED
The WhiteWave Foods Company
WWAV
| $9.98M | 0.01% |
212,700
-138,600
| -39% | -$5.95M |
|
1445
CALL
Lear
LEA
$8.18B
| $9.98M | 0.01% |
98,100
+53,400
| +119% | +$6M |
|
1446
PUT
PVH
PVH
$3.55B
| $9.97M | 0.01% |
105,800
-28,700
| -21% | -$2.7M |
|
1447
PUT
Aptiv
APTV
$9.83B
| $9.97M | 0.01% |
159,200
+120,500
| +311% | +$8.42M |
|
1448
CALL
Illinois Tool Works
ITW
$80.9B
| $9.96M | 0.01% |
95,600
-56,200
| -37% | -$5.88M |
|
1449
Cleveland-Cliffs
CLF
$6.45B
| $9.94M | 0.01% |
1,752,232
-619,048
| -26% | -$2.55M |
|
1450
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $9.93M | 0.01% |
418,100
-327,400
| -44% | -$7.78M |
|
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.