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 | |
|---|---|---|---|---|---|---|
1526
PUT
Universal Display
OLED
$4.11B
| $10.2M | 0.01% |
189,400
-99,900
| -35% | -$4.88M |
|
1527
State Street SPDR S&P Retail ETF
XRT
$325M
| $10.2M | 0.01% |
221,841
-14,257
| -6% | -$605K |
|
|
ANAC
1528
PUT
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $10.2M | 0.01% |
191,500
-2,700
| -1% | -$199K |
|
|
STMP
1529
PUT
DELISTED
Stamps.com, Inc.
STMP
| $10.2M | 0.01% |
96,300
+18,100
| +23% | +$1.85M |
|
1530
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$101M
| $10.2M | 0.01% |
2,092
+84
| +4% | +$550K |
|
1531
CF Industries
CF
$19.3B
| $10.2M | 0.01% |
325,971
+80,765
| +33% | +$2.64M |
|
1532
CALL
Zillow
ZG
$8.34B
| $10.2M | 0.01% |
399,300
-485,700
| -55% | -$10.8M |
|
|
NBIS
1533
PUT
Nebius Group N.V.
NBIS
$60.3B
| $10.2M | 0.01% |
665,000
-1,496,300
| -69% | -$20.5M |
|
|
WLL
1534
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $10.2M | 0.01% |
4,248
-674
| -14% | -$1.32M |
|
|
GRMN
1535
PUT
Garmin
GRMN
$55.6B
| $10.2M | 0.01% |
254,500
+90,000
| +55% | +$3.34M |
|
1536
CALL
iShares MSCI Germany ETF
EWG
$1.73B
| $10.2M | 0.01% |
394,600
-311,800
| -44% | -$7.6M |
|
1537
CALL
Box
BOX
$4.57B
| $10.1M | 0.01% |
827,500
+215,500
| +35% | +$2.45M |
|
|
NFX
1538
CALL
DELISTED
Newfield Exploration
NFX
| $10.1M | 0.01% |
305,100
-344,800
| -53% | -$9.73M |
|
|
SHLD
1539
CALL
DELISTED
Sears Holding Corporation
SHLD
| $10.1M | 0.01% |
661,700
-536,800
| -45% | -$9.1M |
|
1540
PUT
MannKind Corp
MNKD
$1.34B
| $10.1M | 0.01% |
1,257,480
-354,040
| -22% | -$2.02M |
|
|
BNY
1541
Bank of New York Mellon
BNY
$111B
| $10.1M | 0.01% |
274,632
-110,317
| -29% | -$4M |
|
1542
CALL
Fluor
FLR
$6.86B
| $10.1M | 0.01% |
188,100
-145,500
| -44% | -$6.84M |
|
1543
CALL
Cemex
CX
$15.9B
| $10.1M | 0.01% |
1,500,028
-1,239,522
| -45% | -$6.11M |
|
|
DISH
1544
CALL
DELISTED
DISH Network Corp.
DISH
| $10.1M | 0.01% |
218,000
-2,167,900
| -91% | -$105M |
|
1545
Healthpeak Properties
DOC
$14.9B
| $10.1M | 0.01% |
339,823
+149,496
| +79% | +$4.48M |
|
1546
PUT
Ross Stores
ROST
$77.4B
| $10.1M | 0.01% |
173,900
+60,600
| +53% | +$3.36M |
|
1547
CALL
Archer Daniels Midland
ADM
$38.2B
| $10.1M | 0.01% |
277,300
-4,500
| -2% | -$157K |
|
|
RAD
1548
CALL
DELISTED
Rite Aid Corporation
RAD
| $10.1M | 0.01% |
61,760
-21,830
| -26% | -$3.44M |
|
1549
CALL
XPO
XPO
$22.5B
| $10M | 0.01% |
946,353
+219,746
| +30% | +$1.92M |
|
|
ESV
1550
PUT
DELISTED
Ensco Rowan plc
ESV
| $10M | 0.01% |
241,925
-112,050
| -32% | -$4.57M |
|
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.