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 | |
|---|---|---|---|---|---|---|
1576
CALL
Vanguard High Dividend Yield ETF
VYM
$83.1B
| $9.69M | 0.01% |
140,400
+104,800
| +294% | +$6.86M |
|
|
NTT
1577
DELISTED
Nippon Telegraph & Telephone
NTT
| $9.68M | 0.01% |
223,880
+11,333
| +5% | +$479K |
|
1578
GSK
GSK
$104B
| $9.66M | 0.01% |
190,655
-363,411
| -66% | -$18.1M |
|
1579
CALL
Albemarle
ALB
$15.7B
| $9.66M | 0.01% |
151,100
+9,300
| +7% | +$510K |
|
|
WLL
1580
DELISTED
Whiting Petroleum Corporation
WLL
| $9.66M | 0.01% |
4,035
-425
| -10% | -$835K |
|
1581
CALL
Synaptics
SYNA
$3.71B
| $9.65M | 0.01% |
121,000
-85,800
| -41% | -$6.51M |
|
|
VNET
1582
VNET Group
VNET
$1.96B
| $9.64M | 0.01% |
482,791
-264,446
| -35% | -$5.05M |
|
|
SAFM
1583
DELISTED
Sanderson Farms Inc
SAFM
| $9.63M | 0.01% |
106,746
+10,065
| +10% | +$845K |
|
1584
PUT
Direxion Daily Real Estate Bear 3X ETF
DRV
$25.2M
| $9.62M | 0.01% |
12,644
-1,868
| -13% | -$1.9M |
|
|
AXON
1585
CALL
Axon Enterprise
AXON
$49.8B
| $9.61M | 0.01% |
489,400
+182,600
| +60% | +$3.13M |
|
1586
CALL
InterDigital
IDCC
$8.92B
| $9.58M | 0.01% |
172,200
+6,700
| +4% | +$323K |
|
1587
PUT
Banco Santander
SAN
$213B
| $9.58M | 0.01% |
2,291,896
-718,434
| -24% | -$2.95M |
|
1588
PUT
Chubb
CB
$132B
| $9.57M | 0.01% |
80,300
+6,400
| +9% | +$735K |
|
|
CYBR
1589
DELISTED
CyberArk
CYBR
| $9.55M | 0.01% |
224,012
-208,469
| -48% | -$8.39M |
|
1590
CALL
Ryder
R
$9.44B
| $9.54M | 0.01% |
147,300
+109,800
| +293% | +$6.24M |
|
|
GXP
1591
DELISTED
Great Plains Energy Incorporated
GXP
| $9.54M | 0.01% |
295,647
-63,911
| -18% | -$1.86M |
|
|
PX
1592
CALL
DELISTED
Praxair Inc
PX
| $9.51M | 0.01% |
83,100
-51,000
| -38% | -$5.32M |
|
1593
Vipshop
VIPS
$6.73B
| $9.51M | 0.01% |
738,131
+645,947
| +701% | +$8.11M |
|
1594
Nordic American Tanker
NAT
$1.46B
| $9.49M | 0.01% |
679,278
+5,319
| +0.8% | +$70.8K |
|
1595
CALL
Steel Dynamics
STLD
$33.1B
| $9.49M | 0.01% |
421,400
+168,400
| +67% | +$3.17M |
|
1596
CALL
Centene
CNC
$32.1B
| $9.47M | 0.01% |
307,600
+111,200
| +57% | +$3.32M |
|
|
VXX
1597
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $9.45M | 0.01% |
33,531
-188,095
| -85% | -$70.8M |
|
1598
iShares Dow Jones US ETF
IYY
$3.04B
| $9.42M | 0.01% |
183,800
+106,404
| +137% | +$5.16M |
|
1599
CALL
Check Point Software Technologies
CHKP
$13.2B
| $9.42M | 0.01% |
107,700
-157,700
| -59% | -$12.7M |
|
|
ETFC
1600
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $9.42M | 0.01% |
384,700
-91,000
| -19% | -$2.2M |
|
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.