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 | |
|---|---|---|---|---|---|---|
1651
Enterprise Products Partners
EPD
$83.3B
| $9.02M | ﹤0.01% |
366,375
-455,585
| -55% | -$10.6M |
|
|
PTR
1652
PUT
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $9.02M | ﹤0.01% |
136,000
+18,900
| +16% | +$1.19M |
|
1653
CALL
Lands' End
LE
$372M
| $9M | ﹤0.01% |
352,800
-328,400
| -48% | -$7.71M |
|
1654
Royal Bank of Canada
RY
$289B
| $9M | ﹤0.01% |
156,291
+132,402
| +554% | +$6.86M |
|
1655
PUT
ProShares UltraShort Real Estate
SRS
$13.7M
| $8.97M | ﹤0.01% |
28,513
+1,350
| +5% | +$510K |
|
1656
Herc Holdings
HRI
$5.3B
| $8.95M | ﹤0.01% |
283,462
+78,277
| +38% | +$2.3M |
|
1657
CALL
Axalta
AXTA
$7.93B
| $8.95M | ﹤0.01% |
306,500
+282,300
| +1,167% | +$7.18M |
|
1658
PUT
Corpay
CPAY
$26.8B
| $8.94M | ﹤0.01% |
60,100
-24,000
| -29% | -$3.12M |
|
|
RUSL
1659
CALL
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $8.92M | ﹤0.01% |
336,000
+317,550
| +1,721% | +$6.31M |
|
1660
ProShares Short VIX Short-Term Futures ETF
SVXY
$246M
| $8.92M | ﹤0.01% |
176,552
+43,908
| +33% | +$1.77M |
|
|
FITB
1661
CALL
Fifth Third Bancorp
FITB
$50.1B
| $8.91M | ﹤0.01% |
533,800
-40,000
| -7% | -$658K |
|
1662
ResMed
RMD
$33.7B
| $8.89M | ﹤0.01% |
153,727
-39,871
| -21% | -$2.26M |
|
1663
CALL
Keurig Dr Pepper
KDP
$43.6B
| $8.88M | ﹤0.01% |
99,300
-93,700
| -49% | -$8.55M |
|
1664
PUT
Tenet Healthcare
THC
$22.1B
| $8.87M | ﹤0.01% |
306,600
-495,100
| -62% | -$12.9M |
|
|
LLL
1665
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $8.84M | ﹤0.01% |
74,600
+18,300
| +33% | +$2.13M |
|
1666
Alaska Air
ALK
$4.89B
| $8.83M | ﹤0.01% |
107,658
-91,518
| -46% | -$6.76M |
|
1667
PUT
JetBlue
JBLU
$1.95B
| $8.83M | ﹤0.01% |
418,000
-528,300
| -56% | -$11.1M |
|
1668
CALL
Entergy
ETR
$49.9B
| $8.82M | ﹤0.01% |
222,400
-75,000
| -25% | -$2.72M |
|
1669
Acadia Pharmaceuticals
ACAD
$5.14B
| $8.81M | ﹤0.01% |
314,997
-94,150
| -23% | -$2.05M |
|
1670
Range Resources
RRC
$9.74B
| $8.79M | ﹤0.01% |
271,437
-567,273
| -68% | -$15.8M |
|
1671
CALL
AngloGold Ashanti
AU
$59.9B
| $8.78M | ﹤0.01% |
641,300
-114,500
| -15% | -$1.24M |
|
|
AL
1672
CALL
DELISTED
Air Lease Corp
AL
| $8.77M | ﹤0.01% |
273,100
+91,300
| +50% | +$2.59M |
|
1673
CALL
SL Green Realty
SLG
$4.22B
| $8.75M | ﹤0.01% |
93,281
+7,644
| +9% | +$699K |
|
1674
CALL
iShares Select Dividend ETF
DVY
$23.9B
| $8.75M | ﹤0.01% |
107,100
+77,300
| +259% | +$5.9M |
|
1675
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $8.75M | ﹤0.01% |
155,400
-20,200
| -12% | -$1.05M |
|
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.