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 | |
|---|---|---|---|---|---|---|
1551
CALL
Deutsche Bank
DB
$76.2B
| $10M | 0.01% |
659,232
+68,208
| +12% | +$1.14M |
|
1552
Advance Auto Parts
AAP
$2.61B
| $10M | 0.01% |
62,461
-11,126
| -15% | -$1.67M |
|
1553
Consolidated Edison
ED
$39.6B
| $9.98M | 0.01% |
130,302
+22,903
| +21% | +$1.63M |
|
1554
WisdomTree US MidCap Fund
EZM
$950M
| $9.98M | 0.01% |
332,058
+277,065
| +504% | +$7.7M |
|
|
NUAN
1555
CALL
DELISTED
Nuance Communications, Inc.
NUAN
| $9.98M | 0.01% |
616,539
+28,297
| +5% | +$457K |
|
1556
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $9.97M | 0.01% |
107,000
+54,000
| +102% | +$4.69M |
|
1557
CALL
Bread Financial
BFH
$4.03B
| $9.97M | 0.01% |
56,761
-5,263
| -8% | -$919K |
|
|
ABMD
1558
CALL
DELISTED
Abiomed Inc
ABMD
| $9.96M | 0.01% |
105,100
+61,200
| +139% | +$5.17M |
|
1559
CALL
MannKind Corp
MNKD
$1.33B
| $9.96M | 0.01% |
1,237,500
-145,680
| -11% | -$832K |
|
1560
PUT
Icahn Enterprises
IEP
$4.71B
| $9.95M | 0.01% |
157,800
-5,200
| -3% | -$299K |
|
|
NVO
1561
CALL
Novo Nordisk
NVO
$212B
| $9.95M | 0.01% |
367,200
+13,200
| +4% | +$354K |
|
1562
Fluor
FLR
$6.93B
| $9.93M | 0.01% |
184,815
-98,417
| -35% | -$4.63M |
|
|
CHL
1563
DELISTED
China Mobile Limited
CHL
| $9.91M | 0.01% |
178,752
-49,141
| -22% | -$2.65M |
|
|
WW
1564
CALL
DELISTED
WW International
WW
| $9.91M | 0.01% |
682,000
-683,700
| -50% | -$9.29M |
|
1565
CALL
Newell Brands
NWL
$2.52B
| $9.84M | 0.01% |
222,200
+113,900
| +105% | +$4.47M |
|
|
S
1566
PUT
DELISTED
Sprint Corporation
S
| $9.84M | 0.01% |
2,826,900
-1,468,600
| -34% | -$4.69M |
|
1567
PUT
Alaunos Therapeutics
TCRT
$4.55M
| $9.8M | 0.01% |
8,805
-5,212
| -37% | -$5.33M |
|
1568
CALL
Polaris
PII
$3.6B
| $9.8M | 0.01% |
99,500
-25,200
| -20% | -$2.19M |
|
1569
Plains All American Pipeline
PAA
$17.6B
| $9.77M | 0.01% |
465,944
-521,518
| -53% | -$11M |
|
1570
PUT
Canadian Solar
CSIQ
$951M
| $9.73M | 0.01% |
504,800
-677,800
| -57% | -$13.9M |
|
1571
CALL
J.M. Smucker
SJM
$14.2B
| $9.72M | 0.01% |
74,900
-16,300
| -18% | -$2.05M |
|
1572
PUT
Paychex
PAYX
$44.7B
| $9.72M | 0.01% |
180,000
-30,100
| -14% | -$1.52M |
|
1573
iShares MSCI Germany ETF
EWG
$1.74B
| $9.72M | 0.01% |
377,679
+71,289
| +23% | +$1.74M |
|
1574
PUT
ICICI Bank
IBN
$110B
| $9.7M | 0.01% |
1,490,390
-2,365,990
| -61% | -$13.9M |
|
1575
CALL
Green Dot
GDOT
$762M
| $9.7M | 0.01% |
422,200
+373,300
| +763% | +$7.25M |
|
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.