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 | |
|---|---|---|---|---|---|---|
|
ILG
1651
CALL
DELISTED
ILG, Inc Common Stock
ILG
| $7.96M | ﹤0.01% |
500,300
+104,900
| +27% | +$1.5M |
|
|
CS
1652
PUT
DELISTED
Credit Suisse Group
CS
| $7.95M | ﹤0.01% |
743,100
+99,500
| +15% | +$1.36M |
|
|
CHL
1653
CALL
DELISTED
China Mobile Limited
CHL
| $7.95M | ﹤0.01% |
137,300
+9,800
| +8% | +$551K |
|
1654
Cameco
CCJ
$46.6B
| $7.93M | ﹤0.01% |
722,544
-102,855
| -12% | -$1.22M |
|
1655
Honeywell
HON
$68.4B
| $7.91M | ﹤0.01% |
75,677
-33,561
| -31% | -$3.45M |
|
|
VR
1656
DELISTED
Validus Hold Ltd
VR
| $7.89M | ﹤0.01% |
162,462
-4,090
| -2% | -$192K |
|
|
MJN
1657
DELISTED
Mead Johnson Nutrition Company
MJN
| $7.89M | ﹤0.01% |
86,897
-224,223
| -72% | -$19M |
|
1658
PUT
Packaging Corp of America
PKG
$22B
| $7.88M | ﹤0.01% |
117,700
-181,500
| -61% | -$11.9M |
|
|
PAY
1659
PUT
DELISTED
Verifone Systems Inc
PAY
| $7.87M | ﹤0.01% |
424,600
+334,500
| +371% | +$8.46M |
|
|
SYT
1660
PUT
DELISTED
Syngenta Ag
SYT
| $7.87M | ﹤0.01% |
102,500
+54,700
| +114% | +$4.43M |
|
1661
PUT
Sherwin-Williams
SHW
$85.1B
| $7.87M | ﹤0.01% |
80,400
-231,600
| -74% | -$22.6M |
|
1662
PUT
Natural Health Trends
NHTC
$15.1M
| $7.86M | ﹤0.01% |
278,800
+68,100
| +32% | +$2.22M |
|
1663
PUT
Sinclair Inc
SBGI
$1.06B
| $7.85M | ﹤0.01% |
263,000
-33,300
| -11% | -$1.04M |
|
1664
CALL
KB Home
KBH
$3.5B
| $7.85M | ﹤0.01% |
516,200
-216,000
| -30% | -$3.02M |
|
|
SRCL
1665
PUT
DELISTED
Stericycle Inc
SRCL
| $7.85M | ﹤0.01% |
75,400
+61,800
| +454% | +$6.61M |
|
1666
CALL
DexCom
DXCM
$33.6B
| $7.85M | ﹤0.01% |
395,600
+248,000
| +168% | +$4.22M |
|
1667
CALL
Williams-Sonoma
WSM
$27.6B
| $7.85M | ﹤0.01% |
301,000
+138,600
| +85% | +$3.8M |
|
|
PPLI
1668
PUT
People Inc
PPLI
$2.94B
| $7.84M | ﹤0.01% |
779,440
+351,391
| +82% | +$3.25M |
|
1669
Outfront Media
OUT
$5.4B
| $7.83M | ﹤0.01% |
329,276
-765,344
| -70% | -$16.8M |
|
1670
CALL
SM Energy
SM
$8.49B
| $7.83M | ﹤0.01% |
290,100
+187,600
| +183% | +$5.26M |
|
|
ITCI
1671
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $7.82M | ﹤0.01% |
201,500
+162,000
| +410% | +$5.82M |
|
1672
United States Natural Gas Fund
UNG
$515M
| $7.79M | ﹤0.01% |
56,386
+45,687
| +427% | +$5.22M |
|
1673
PUT
SBA Communications
SBAC
$19.9B
| $7.78M | ﹤0.01% |
72,100
+53,800
| +294% | +$5.46M |
|
|
JO
1674
CALL
DELISTED
iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038
JO
| $7.77M | ﹤0.01% |
350,900
+317,600
| +954% | +$6.2M |
|
|
CHL
1675
PUT
DELISTED
China Mobile Limited
CHL
| $7.76M | ﹤0.01% |
134,100
-78,000
| -37% | -$4.39M |
|
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.