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 | |
|---|---|---|---|---|---|---|
1626
CALL
Gaming and Leisure Properties
GLPI
$12.5B
| $8.13M | ﹤0.01% |
235,900
+189,600
| +410% | +$6.29M |
|
|
MMP
1627
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $8.13M | ﹤0.01% |
107,000
-53,500
| -33% | -$3.79M |
|
1628
CALL
HDFC Bank
HDB
$121B
| $8.13M | ﹤0.01% |
490,000
+366,000
| +295% | +$5.83M |
|
1629
CALL
Vanguard High Dividend Yield ETF
VYM
$83.1B
| $8.13M | ﹤0.01% |
113,700
-26,700
| -19% | -$1.87M |
|
1630
CALL
S&P Global
SPGI
$128B
| $8.12M | ﹤0.01% |
+75,700
| New | +$8.12M |
|
1631
PUT
Cemex
CX
$15.9B
| $8.11M | ﹤0.01% |
1,367,450
+195,510
| +17% | +$1.25M |
|
1632
PUT
Infosys
INFY
$48.7B
| $8.09M | ﹤0.01% |
906,600
+182,200
| +25% | +$1.7M |
|
1633
CALL
LendingTree
TREE
$429M
| $8.07M | ﹤0.01% |
91,400
+21,700
| +31% | +$1.84M |
|
1634
PUT
Marvell Technology
MRVL
$216B
| $8.07M | ﹤0.01% |
846,900
+397,600
| +88% | +$3.98M |
|
|
BBL
1635
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $8.07M | ﹤0.01% |
317,989
-163,053
| -34% | -$4.02M |
|
1636
PUT
Helmerich & Payne
HP
$4.21B
| $8.07M | ﹤0.01% |
120,200
-59,000
| -33% | -$3.65M |
|
|
NE
1637
CALL
DELISTED
Noble Corporation
NE
| $8.06M | ﹤0.01% |
978,600
-191,400
| -16% | -$1.82M |
|
|
CEQP
1638
PUT
DELISTED
Crestwood Equity Partners LP
CEQP
| $8.06M | ﹤0.01% |
399,800
+151,100
| +61% | +$2.72M |
|
1639
iShares Intermediate Government/Credit Bond ETF
GVI
$3.82B
| $8.06M | ﹤0.01% |
71,101
+56,549
| +389% | +$6.34M |
|
1640
Vanguard Total International Stock ETF
VXUS
$165B
| $8.05M | ﹤0.01% |
+181,021
| New | +$8.16M |
|
1641
iShares MSCI Taiwan ETF
EWT
$11.4B
| $8.04M | ﹤0.01% |
286,253
+33,886
| +13% | +$903K |
|
1642
PUT
ResMed
RMD
$34.1B
| $8.03M | ﹤0.01% |
127,000
+78,400
| +161% | +$4.62M |
|
1643
CALL
Southern Copper
SCCO
$186B
| $8.02M | ﹤0.01% |
324,440
-31,659
| -9% | -$792K |
|
1644
PUT
Alerian MLP ETF
AMLP
$13.2B
| $8.02M | ﹤0.01% |
126,040
-10,260
| -8% | -$618K |
|
|
XEC
1645
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $7.98M | ﹤0.01% |
66,900
+3,900
| +6% | +$437K |
|
1646
PUT
Verisk Analytics
VRSK
$24.5B
| $7.98M | ﹤0.01% |
98,400
+24,900
| +34% | +$1.95M |
|
1647
PUT
Five Below
FIVE
$14.3B
| $7.97M | ﹤0.01% |
171,800
-192,700
| -53% | -$8.05M |
|
1648
PUT
Regions Financial
RF
$26.1B
| $7.97M | ﹤0.01% |
936,700
-91,700
| -9% | -$831K |
|
1649
PUT
Moody's
MCO
$88.9B
| $7.96M | ﹤0.01% |
85,000
-33,600
| -28% | -$3.25M |
|
|
FAZ
1650
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$87M
| $7.96M | ﹤0.01% |
528
+125
| +31% | +$1.95M |
|
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.