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 | |
|---|---|---|---|---|---|---|
1476
iShares MSCI Japan ETF
EWJ
$22.6B
| $10.7M | 0.01% |
235,105
+78,951
| +51% | +$3.55M |
|
1477
PUT
Estee Lauder
EL
$37.9B
| $10.7M | 0.01% |
113,500
+9,200
| +9% | +$820K |
|
1478
Pultegroup
PHM
$24.9B
| $10.7M | 0.01% |
571,740
+109,059
| +24% | +$1.86M |
|
1479
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $10.7M | 0.01% |
80,400
+12,900
| +19% | +$1.61M |
|
1480
PUT
Herc Holdings
HRI
$5.22B
| $10.6M | 0.01% |
336,733
-25,567
| -7% | -$751K |
|
1481
CALL
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $10.6M | 0.01% |
368,500
+194,000
| +111% | +$5.18M |
|
1482
HF Sinclair
DINO
$16.6B
| $10.6M | 0.01% |
300,701
-31,509
| -9% | -$1.09M |
|
1483
PUT
Johnson Controls International
JCI
$85.9B
| $10.6M | 0.01% |
259,951
-39,919
| -13% | -$1.52M |
|
1484
Cameco
CCJ
$46.6B
| $10.6M | 0.01% |
825,399
-43,713
| -5% | -$523K |
|
1485
CALL
ProShares UltraPro S&P 500
UPRO
$5.5B
| $10.6M | 0.01% |
1,004,400
-556,200
| -36% | -$5.02M |
|
1486
Exelon
EXC
$45.7B
| $10.6M | 0.01% |
414,030
-325,641
| -44% | -$7.3M |
|
|
ARG
1487
DELISTED
Airgas Inc
ARG
| $10.6M | 0.01% |
74,589
+18,771
| +34% | +$2.63M |
|
1488
PUT
Copa Holdings
CPA
$6.04B
| $10.5M | 0.01% |
155,700
+53,400
| +52% | +$3M |
|
1489
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$194M
| $10.5M | 0.01% |
199,320
+17,520
| +10% | +$1M |
|
1490
PUT
Helmerich & Payne
HP
$4.21B
| $10.5M | 0.01% |
179,200
+44,800
| +33% | +$2.37M |
|
|
FOLD
1491
CALL
DELISTED
Amicus Therapeutics
FOLD
| $10.5M | 0.01% |
1,243,700
+687,000
| +123% | +$4.87M |
|
1492
PUT
Bread Financial
BFH
$4.14B
| $10.5M | 0.01% |
59,768
+25,686
| +75% | +$4.49M |
|
|
SFLY
1493
PUT
DELISTED
Shutterfly, Inc.
SFLY
| $10.5M | 0.01% |
226,100
+206,500
| +1,054% | +$8.8M |
|
1494
CALL
Ziff Davis
ZD
$1.9B
| $10.5M | 0.01% |
+195,500
| New | +$11.8M |
|
1495
PUT
Aflac
AFL
$58.2B
| $10.5M | 0.01% |
331,400
-115,000
| -26% | -$3.42M |
|
1496
iShares Russell 3000 ETF
IWV
$20.2B
| $10.5M | 0.01% |
86,529
-35,967
| -29% | -$4.11M |
|
1497
Applied Materials
AMAT
$381B
| $10.5M | 0.01% |
493,700
-1,046,854
| -68% | -$19.1M |
|
1498
CALL
KB Home
KBH
$3.5B
| $10.5M | 0.01% |
732,200
-484,400
| -40% | -$5.65M |
|
1499
Synaptics
SYNA
$3.71B
| $10.4M | 0.01% |
130,900
-37,648
| -22% | -$2.85M |
|
|
AKS
1500
CALL
DELISTED
AK Steel Holding Corp
AKS
| $10.4M | 0.01% |
2,525,500
+1,699,000
| +206% | +$4.87M |
|
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.