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 | |
|---|---|---|---|---|---|---|
|
YHOO
126
PUT
DELISTED
Yahoo Inc
YHOO
| $240M | 0.13% |
6,381,000
+775,500
| +14% | +$28.6M |
|
127
PUT
Charter Communications
CHTR
$17.9B
| $240M | 0.13% |
1,048,000
+91,100
| +10% | +$19.6M |
|
128
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $235M | 0.13% |
1,686,975
+742,250
| +79% | +$102M |
|
129
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $231M | 0.12% |
6,767,200
-3,579,600
| -35% | -$118M |
|
130
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $230M | 0.12% |
2,675,700
-66,300
| -2% | -$5.95M |
|
131
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $229M | 0.12% |
7,605,600
-2,097,500
| -22% | -$57.9M |
|
132
CALL
Union Pacific
UNP
$183B
| $229M | 0.12% |
2,621,600
+220,300
| +9% | +$18.6M |
|
|
QIHU
133
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $227M | 0.12% |
3,101,786
+689,742
| +29% | +$51M |
|
134
PUT
Broadcom
AVGO
$1.75T
| $222M | 0.12% |
14,292,000
+1,500,000
| +12% | +$22.8M |
|
135
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.53B
| $221M | 0.12% |
438,375
+75,525
| +21% | +$27.7M |
|
136
PUT
Wells Fargo
WFC
$254B
| $221M | 0.12% |
4,667,300
+516,800
| +12% | +$25.2M |
|
137
CALL
Kraft Heinz
KHC
$30.3B
| $221M | 0.12% |
2,495,700
+404,900
| +19% | +$33.3M |
|
138
CALL
Bristol-Myers Squibb
BMY
$137B
| $220M | 0.12% |
2,991,600
+186,300
| +7% | +$13.2M |
|
139
CALL
United States Oil Fund
USO
$2.24B
| $216M | 0.12% |
2,332,850
+558,912
| +32% | +$50M |
|
140
CALL
AbbVie
ABBV
$468B
| $216M | 0.12% |
3,487,300
+1,050,100
| +43% | +$64M |
|
|
141
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $214M | 0.11% |
6,259,800
-3,457,200
| -36% | -$114M |
|
142
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $213M | 0.11% |
3,945,100
-810,300
| -17% | -$44.4M |
|
143
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $213M | 0.11% |
2,964,000
+1,114,500
| +60% | +$78.5M |
|
144
CALL
Salesforce
CRM
$171B
| $212M | 0.11% |
2,669,400
-163,000
| -6% | -$12.8M |
|
|
TWTR
145
PUT
DELISTED
Twitter, Inc.
TWTR
| $211M | 0.11% |
12,495,600
-12,600
| -0.1% | -$197K |
|
146
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $211M | 0.11% |
2,562,200
+1,532,500
| +149% | +$120M |
|
147
PUT
GE Aerospace
GE
$361B
| $210M | 0.11% |
1,394,113
-506,945
| -27% | -$74M |
|
148
PUT
Walmart Inc
WMT
$825B
| $209M | 0.11% |
8,569,200
-3,724,500
| -30% | -$86.2M |
|
149
PUT
Caterpillar
CAT
$381B
| $208M | 0.11% |
2,749,300
-1,915,400
| -41% | -$144M |
|
150
CALL
Nike
NKE
$60.5B
| $208M | 0.11% |
3,770,100
+813,400
| +28% | +$46.3M |
|
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.