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 | |
|---|---|---|---|---|---|---|
1501
CALL
Fortinet
FTNT
$112B
| $9.28M | 0.01% |
1,468,000
-672,000
| -31% | -$4.35M |
|
1502
CALL
Aptiv
APTV
$9.69B
| $9.27M | 0.01% |
148,100
+67,100
| +83% | +$4.69M |
|
1503
CALL
Pilgrim's Pride
PPC
$7.51B
| $9.27M | 0.01% |
363,600
-6,700
| -2% | -$168K |
|
1504
Humana
HUM
$45.9B
| $9.26M | 0.01% |
51,492
-14,193
| -22% | -$2.52M |
|
1505
Ionis Pharmaceuticals
IONS
$10.5B
| $9.26M | 0.01% |
397,486
+31,228
| +9% | +$1.01M |
|
1506
Xerox
XRX
$366M
| $9.25M | 0.01% |
370,014
-422,070
| -53% | -$11.1M |
|
1507
CALL
United Therapeutics
UTHR
$22.2B
| $9.25M | 0.01% |
87,300
-34,300
| -28% | -$3.83M |
|
|
CEQP
1508
CALL
DELISTED
Crestwood Equity Partners LP
CEQP
| $9.24M | 0.01% |
458,300
+357,300
| +354% | +$6.43M |
|
1509
PUT
Pentair
PNR
$10.1B
| $9.23M | ﹤0.01% |
235,858
+92,021
| +64% | +$3.58M |
|
1510
Phillips 66
PSX
$95.8B
| $9.22M | ﹤0.01% |
116,200
-63,639
| -35% | -$5.2M |
|
1511
Vanguard Russell 1000 ETF
VONE
$8.61B
| $9.22M | ﹤0.01% |
95,948
+78,201
| +441% | +$7.44M |
|
1512
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $9.21M | ﹤0.01% |
274,600
-545,800
| -67% | -$18.4M |
|
|
LOCK
1513
PUT
DELISTED
LifeLock, Inc.
LOCK
| $9.19M | ﹤0.01% |
581,000
+162,400
| +39% | +$2.12M |
|
1514
CALL
Synaptics
SYNA
$3.71B
| $9.16M | ﹤0.01% |
170,400
+49,400
| +41% | +$3.39M |
|
|
IBDC
1515
DELISTED
iShares iBonds Mar 2020 Term Corporate ETF
IBDC
| $9.15M | ﹤0.01% |
343,952
+212,480
| +162% | +$5.61M |
|
|
WR
1516
PUT
DELISTED
Westar Energy Inc
WR
| $9.14M | ﹤0.01% |
163,000
+148,100
| +994% | +$7.84M |
|
|
K
1517
PUT
DELISTED
Kellanova
K
| $9.12M | ﹤0.01% |
118,961
+57,297
| +93% | +$4.11M |
|
|
PF
1518
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $9.1M | ﹤0.01% |
196,600
+63,600
| +48% | +$2.77M |
|
1519
Public Storage
PSA
$59.9B
| $9.1M | ﹤0.01% |
35,600
-10,051
| -22% | -$2.58M |
|
|
ENDP
1520
CALL
DELISTED
Endo International plc
ENDP
| $9.08M | ﹤0.01% |
582,700
+250,700
| +76% | +$5.19M |
|
1521
iShares MSCI China ETF
MCHI
$6.21B
| $9.07M | ﹤0.01% |
213,956
+177,050
| +480% | +$7.38M |
|
|
NVRO
1522
PUT
DELISTED
NEVRO CORP.
NVRO
| $9.06M | ﹤0.01% |
122,800
+89,100
| +264% | +$6.05M |
|
1523
PUT
Zions Bancorporation
ZION
$9.86B
| $9.05M | ﹤0.01% |
360,200
+120,400
| +50% | +$3.19M |
|
1524
PUT
Realty Income
O
$59.3B
| $9.03M | ﹤0.01% |
134,366
+77,090
| +135% | +$4.68M |
|
1525
CALL
AutoNation
AN
$6.36B
| $9.03M | ﹤0.01% |
192,200
+55,700
| +41% | +$2.67M |
|
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.