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 | |
|---|---|---|---|---|---|---|
1601
BorgWarner
BWA
$13.3B
| $9.42M | 0.01% |
278,547
+202,103
| +264% | +$5.99M |
|
1602
PUT
Centene
CNC
$32.1B
| $9.41M | 0.01% |
305,800
+155,400
| +103% | +$4.64M |
|
|
AMTD
1603
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $9.41M | 0.01% |
298,500
-154,200
| -34% | -$4.54M |
|
1604
CALL
Pilgrim's Pride
PPC
$7.72B
| $9.41M | 0.01% |
370,300
+9,800
| +3% | +$227K |
|
|
LL
1605
DELISTED
LL Flooring Holdings, Inc.
LL
| $9.39M | 0.01% |
715,757
+220,177
| +44% | +$2.77M |
|
1606
PUT
Huntsman Corp
HUN
$1.67B
| $9.38M | 0.01% |
705,200
-500,000
| -41% | -$5.16M |
|
1607
Campbell Soup
CPB
$7B
| $9.38M | 0.01% |
147,000
-15,839
| -10% | -$931K |
|
|
WCG
1608
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $9.38M | 0.01% |
101,100
+29,100
| +40% | +$2.41M |
|
1609
PUT
Magna International
MGA
$17.7B
| $9.37M | 0.01% |
218,100
-152,300
| -41% | -$5.67M |
|
1610
Eversource Energy
ES
$26.8B
| $9.36M | 0.01% |
160,418
-20,606
| -11% | -$1.12M |
|
1611
PUT
Healthpeak Properties
DOC
$14.9B
| $9.35M | 0.01% |
315,236
+170,080
| +117% | +$5.1M |
|
|
ENDP
1612
CALL
DELISTED
Endo International plc
ENDP
| $9.35M | 0.01% |
332,000
+11,600
| +4% | +$548K |
|
1613
Aflac
AFL
$58.2B
| $9.34M | 0.01% |
295,902
+112,328
| +61% | +$3.34M |
|
1614
CALL
AMC Global Media
AMCX
$530M
| $9.34M | 0.01% |
143,800
+97,900
| +213% | +$6.7M |
|
1615
O'Reilly Automotive
ORLY
$73.1B
| $9.32M | 0.01% |
510,705
-1,075,005
| -68% | -$18.4M |
|
|
BNY
1616
CALL
Bank of New York Mellon
BNY
$111B
| $9.31M | 0.01% |
252,800
-675,700
| -73% | -$24.5M |
|
|
GOLD
1617
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $9.31M | 0.01% |
102,500
-314,846
| -75% | -$25.3M |
|
1618
PUT
Diageo
DEO
$52.7B
| $9.3M | ﹤0.01% |
86,200
-22,300
| -21% | -$2.36M |
|
|
CAM
1619
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $9.29M | ﹤0.01% |
138,500
+2,100
| +2% | +$135K |
|
|
ITC
1620
DELISTED
ITC HOLDINGS CORP
ITC
| $9.27M | ﹤0.01% |
212,853
+195,767
| +1,146% | +$7.95M |
|
1621
CALL
Terex
TEX
$7.45B
| $9.24M | ﹤0.01% |
371,400
+142,900
| +63% | +$2.99M |
|
1622
CALL
Casey's General Stores
CASY
$30.5B
| $9.24M | ﹤0.01% |
81,500
+47,400
| +139% | +$5.31M |
|
|
HZNP
1623
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $9.24M | ﹤0.01% |
557,400
-751,800
| -57% | -$13.2M |
|
1624
YPF Sociedad Anonima ADS
YPF
$19.6B
| $9.2M | ﹤0.01% |
514,685
+270,006
| +110% | +$4.48M |
|
1625
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.8M
| $9.2M | ﹤0.01% |
119,800
-35,200
| -23% | -$2.55M |
|
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.