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 | |
|---|---|---|---|---|---|---|
1501
PUT
Weyerhaeuser
WY
$17.6B
| $10.4M | 0.01% |
336,200
+56,800
| +20% | +$1.52M |
|
1502
Vodafone
VOD
$37.3B
| $10.4M | 0.01% |
324,726
-53,714
| -14% | -$1.67M |
|
|
AUY
1503
DELISTED
Yamana Gold, Inc.
AUY
| $10.4M | 0.01% |
3,422,540
-173,045
| -5% | -$423K |
|
|
BNY
1504
PUT
Bank of New York Mellon
BNY
$111B
| $10.4M | 0.01% |
282,000
-90,300
| -24% | -$3.27M |
|
1505
CALL
Televisa
TV
$1.45B
| $10.4M | 0.01% |
378,200
+267,700
| +242% | +$7.02M |
|
1506
Golar LNG
GLNG
$5.31B
| $10.4M | 0.01% |
577,698
+308,508
| +115% | +$5.27M |
|
|
NFX
1507
PUT
DELISTED
Newfield Exploration
NFX
| $10.4M | 0.01% |
312,200
-520,600
| -63% | -$14.7M |
|
1508
Royal Caribbean
RCL
$78.2B
| $10.4M | 0.01% |
126,332
-37,668
| -23% | -$2.94M |
|
1509
PUT
TransDigm Group
TDG
$65.9B
| $10.4M | 0.01% |
47,000
+19,200
| +69% | +$4.19M |
|
1510
Canadian Natural Resources
CNQ
$102B
| $10.3M | 0.01% |
792,733
-112,155
| -12% | -$1.2M |
|
1511
Lumen
LUMN
$6.08B
| $10.3M | 0.01% |
323,203
-11,415
| -3% | -$320K |
|
|
WBMD
1512
CALL
DELISTED
WebMD Health Corp.
WBMD
| $10.3M | 0.01% |
164,800
+126,700
| +333% | +$6.79M |
|
|
RDUS
1513
DELISTED
Radius Health, Inc.
RDUS
| $10.3M | 0.01% |
327,783
+98,997
| +43% | +$3.42M |
|
|
CPGX
1514
DELISTED
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
| $10.3M | 0.01% |
410,304
-51,660
| -11% | -$1M |
|
|
1515
CALL
TransDigm Group
TDG
$65.9B
| $10.3M | 0.01% |
46,700
+28,500
| +157% | +$6.22M |
|
1516
Ashland
ASH
$3.38B
| $10.3M | 0.01% |
191,100
+142,907
| +297% | +$6.88M |
|
1517
CALL
Copa Holdings
CPA
$6.04B
| $10.3M | 0.01% |
151,700
+112,300
| +285% | +$6.3M |
|
|
SWN
1518
CALL
DELISTED
Southwestern Energy Company
SWN
| $10.3M | 0.01% |
1,273,300
-613,300
| -33% | -$4.7M |
|
|
STMP
1519
DELISTED
Stamps.com, Inc.
STMP
| $10.3M | 0.01% |
96,641
+88,127
| +1,035% | +$9.01M |
|
1520
American Electric Power
AEP
$66.8B
| $10.3M | 0.01% |
154,563
+2,916
| +2% | +$180K |
|
1521
NiSource
NI
$19.5B
| $10.3M | 0.01% |
435,622
-33,876
| -7% | -$727K |
|
1522
PUT
Molson Coors Class B
TAP
$7.83B
| $10.3M | 0.01% |
106,700
-1,015,400
| -90% | -$90.6M |
|
1523
Regions Financial
RF
$26.1B
| $10.3M | 0.01% |
1,306,392
-365,777
| -22% | -$2.94M |
|
|
QLIK
1524
CALL
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $10.3M | 0.01% |
354,500
-112,700
| -24% | -$2.82M |
|
|
PPL
1525
PPL Corp
PPL
$26.3B
| $10.2M | 0.01% |
269,174
-20,995
| -7% | -$746K |
|
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.