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 | |
|---|---|---|---|---|---|---|
1601
CALL
Masco
MAS
$14.4B
| $8.38M | ﹤0.01% |
271,000
-194,900
| -42% | -$6.15M |
|
1602
PUT
Hain Celestial
HAIN
$78.9M
| $8.38M | ﹤0.01% |
168,500
-134,800
| -44% | -$6.24M |
|
|
CKEC
1603
CALL
DELISTED
Carmike Cinemas Inc
CKEC
| $8.36M | ﹤0.01% |
277,700
-170,300
| -38% | -$5.11M |
|
|
CY
1604
PUT
DELISTED
Cypress Semiconductor
CY
| $8.35M | ﹤0.01% |
791,500
+424,100
| +115% | +$4.04M |
|
|
DST
1605
CALL
DELISTED
DST Systems Inc.
DST
| $8.31M | ﹤0.01% |
142,800
+29,800
| +26% | +$1.75M |
|
1606
Vanguard High Dividend Yield ETF
VYM
$83.1B
| $8.31M | ﹤0.01% |
116,282
-6,032
| -5% | -$422K |
|
|
NTT
1607
DELISTED
Nippon Telegraph & Telephone
NTT
| $8.3M | ﹤0.01% |
176,400
-47,480
| -21% | -$2.11M |
|
1608
CALL
Veeva Systems
VEEV
$40.1B
| $8.28M | ﹤0.01% |
242,800
-839,100
| -78% | -$24.9M |
|
1609
PUT
Sysco
SYY
$40B
| $8.26M | ﹤0.01% |
162,800
+94,100
| +137% | +$4.55M |
|
|
LL
1610
DELISTED
LL Flooring Holdings, Inc.
LL
| $8.25M | ﹤0.01% |
535,011
-180,746
| -25% | -$2.51M |
|
|
KITE
1611
PUT
DELISTED
Kite Pharma, Inc.
KITE
| $8.25M | ﹤0.01% |
165,000
+18,100
| +12% | +$889K |
|
1612
PUT
NetApp
NTAP
$36.8B
| $8.25M | ﹤0.01% |
335,400
+52,100
| +18% | +$1.28M |
|
|
AVP
1613
CALL
DELISTED
Avon Products, Inc.
AVP
| $8.24M | ﹤0.01% |
2,179,600
+643,300
| +42% | +$2.77M |
|
1614
Alaska Air
ALK
$4.84B
| $8.23M | ﹤0.01% |
141,214
+33,556
| +31% | +$2.32M |
|
|
JNPR
1615
PUT
DELISTED
Juniper Networks
JNPR
| $8.22M | ﹤0.01% |
365,400
-187,100
| -34% | -$4.35M |
|
1616
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $8.21M | ﹤0.01% |
75,903
-104,893
| -58% | -$11.6M |
|
|
HZNP
1617
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $8.2M | ﹤0.01% |
497,828
-446,465
| -47% | -$7.22M |
|
|
RTN
1618
DELISTED
Raytheon Company
RTN
| $8.18M | ﹤0.01% |
60,200
-141,731
| -70% | -$18.5M |
|
|
ARMH
1619
PUT
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $8.17M | ﹤0.01% |
179,500
+40,200
| +29% | +$1.7M |
|
1620
CALL
Copa Holdings
CPA
$6.04B
| $8.17M | ﹤0.01% |
156,300
+4,600
| +3% | +$266K |
|
|
SYT
1621
CALL
DELISTED
Syngenta Ag
SYT
| $8.16M | ﹤0.01% |
106,300
+75,300
| +243% | +$6.09M |
|
1622
PUT
Prospect Capital
PSEC
$1.2B
| $8.16M | ﹤0.01% |
1,043,500
+156,600
| +18% | +$1.18M |
|
|
WCC
1623
CALL
WESCO International
WCC
$16.5B
| $8.15M | ﹤0.01% |
158,300
+35,100
| +28% | +$1.98M |
|
|
RUSL
1624
CALL
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $8.15M | ﹤0.01% |
277,800
-58,200
| -17% | -$1.69M |
|
1625
PUT
Hartford Financial Services
HIG
$37.4B
| $8.13M | ﹤0.01% |
183,300
-257,900
| -58% | -$11.5M |
|
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.