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 | |
|---|---|---|---|---|---|---|
1626
Cemex
CX
$15.9B
| $9.18M | ﹤0.01% |
1,363,182
+947,332
| +228% | +$4.67M |
|
1627
PUT
Novartis
NVS
$304B
| $9.17M | ﹤0.01% |
141,286
-9,932
| -7% | -$676K |
|
1628
PUT
State Street
STT
$53B
| $9.16M | ﹤0.01% |
156,600
-84,000
| -35% | -$4.77M |
|
|
CKEC
1629
PUT
DELISTED
Carmike Cinemas Inc
CKEC
| $9.16M | ﹤0.01% |
304,800
+280,800
| +1,170% | +$6.81M |
|
1630
CALL
Pultegroup
PHM
$24.9B
| $9.15M | ﹤0.01% |
489,000
+53,100
| +12% | +$906K |
|
1631
PUT
Annaly Capital Management
NLY
$17.4B
| $9.15M | ﹤0.01% |
222,900
-124,525
| -36% | -$4.89M |
|
1632
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$40.5M
| $9.14M | ﹤0.01% |
8,292
+376
| +5% | +$564K |
|
1633
Sherwin-Williams
SHW
$85.1B
| $9.12M | ﹤0.01% |
96,108
+46,350
| +93% | +$4.06M |
|
1634
Colgate-Palmolive
CL
$72.8B
| $9.12M | ﹤0.01% |
129,055
+60,303
| +88% | +$4.01M |
|
|
SAVE
1635
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $9.12M | ﹤0.01% |
190,000
-51,600
| -21% | -$2.31M |
|
1636
Barclays
BCS
$91.5B
| $9.12M | ﹤0.01% |
1,128,075
+951,737
| +540% | +$8.87M |
|
1637
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$171M
| $9.11M | ﹤0.01% |
174,200
+98,100
| +129% | +$3.91M |
|
1638
PUT
Sinclair Inc
SBGI
$1.06B
| $9.11M | ﹤0.01% |
296,300
-134,400
| -31% | -$4.13M |
|
1639
CALL
Dycom Industries
DY
$10.6B
| $9.11M | ﹤0.01% |
140,800
-49,200
| -26% | -$3M |
|
|
AKRX
1640
PUT
DELISTED
Akorn Inc
AKRX
| $9.1M | ﹤0.01% |
386,800
+252,500
| +188% | +$6.64M |
|
|
NUAN
1641
PUT
DELISTED
Nuance Communications, Inc.
NUAN
| $9.1M | ﹤0.01% |
562,139
+284,823
| +103% | +$4.6M |
|
|
CS
1642
PUT
DELISTED
Credit Suisse Group
CS
| $9.09M | ﹤0.01% |
643,600
+262,300
| +69% | +$4.17M |
|
|
MRSH
1643
CALL
Marsh
MRSH
$92.3B
| $9.08M | ﹤0.01% |
149,400
+76,000
| +104% | +$4.26M |
|
1644
CALL
Boston Scientific
BSX
$72.3B
| $9.06M | ﹤0.01% |
481,900
+84,200
| +21% | +$1.48M |
|
1645
PUT
PNC Financial Services
PNC
$97.4B
| $9.04M | ﹤0.01% |
106,900
-7,900
| -7% | -$673K |
|
1646
PUT
Bunge Global
BG
$21.5B
| $9.04M | ﹤0.01% |
159,500
-18,200
| -10% | -$1.04M |
|
1647
CALL
Southern Copper
SCCO
$186B
| $9.04M | ﹤0.01% |
356,099
+184,600
| +108% | +$4.31M |
|
1648
Philip Morris
PM
$302B
| $9.03M | ﹤0.01% |
92,054
-69,754
| -43% | -$6.4M |
|
1649
CALL
Estee Lauder
EL
$37.9B
| $9.03M | ﹤0.01% |
95,700
-165,100
| -63% | -$14.7M |
|
|
LVLT
1650
DELISTED
Level 3 Communications Inc
LVLT
| $9.02M | ﹤0.01% |
170,683
-280,297
| -62% | -$13.8M |
|
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.