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 | |
|---|---|---|---|---|---|---|
1676
PNC Financial Services
PNC
$97.9B
| $8.74M | ﹤0.01% |
103,337
-23,995
| -19% | -$2.04M |
|
1677
CALL
National Grid
NGG
$81.1B
| $8.73M | ﹤0.01% |
126,768
+65,820
| +108% | +$4.4M |
|
|
DO
1678
DELISTED
Diamond Offshore Drilling
DO
| $8.72M | ﹤0.01% |
401,100
-72,230
| -15% | -$1.42M |
|
|
TUP
1679
DELISTED
Tupperware Brands Corporation
TUP
| $8.71M | ﹤0.01% |
150,219
+77,741
| +107% | +$4.01M |
|
1680
TripAdvisor
TRIP
$1.18B
| $8.71M | ﹤0.01% |
130,943
+38,391
| +41% | +$2.54M |
|
|
K
1681
DELISTED
Kellanova
K
| $8.71M | ﹤0.01% |
121,138
+38,377
| +46% | +$2.65M |
|
1682
CALL
Lazard
LAZ
$4.19B
| $8.71M | ﹤0.01% |
224,400
+41,000
| +22% | +$1.47M |
|
1683
PUT
Cleveland-Cliffs
CLF
$6.66B
| $8.69M | ﹤0.01% |
2,896,100
-1,908,800
| -40% | -$4M |
|
1684
Lowe's Companies
LOW
$120B
| $8.69M | ﹤0.01% |
114,675
-186,148
| -62% | -$13.1M |
|
|
CYBR
1685
PUT
DELISTED
CyberArk
CYBR
| $8.68M | ﹤0.01% |
203,700
-174,100
| -46% | -$7M |
|
|
CBPO
1686
CALL
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $8.68M | ﹤0.01% |
75,800
+58,300
| +333% | +$6.84M |
|
1687
CALL
Jack in the Box
JACK
$316M
| $8.67M | ﹤0.01% |
135,700
+78,200
| +136% | +$5.5M |
|
1688
T-Mobile US
TMUS
$195B
| $8.67M | ﹤0.01% |
226,260
+85,615
| +61% | +$3.23M |
|
1689
PUT
Credit Acceptance
CACC
$6.23B
| $8.66M | ﹤0.01% |
47,700
-69,200
| -59% | -$13.2M |
|
1690
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $8.65M | ﹤0.01% |
221,762
+74,061
| +50% | +$2.83M |
|
|
SPWR
1691
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $8.65M | ﹤0.01% |
591,254
+75,433
| +15% | +$1.17M |
|
1692
CALL
Zions Bancorporation
ZION
$9.96B
| $8.64M | ﹤0.01% |
357,100
-155,300
| -30% | -$3.57M |
|
|
KATE
1693
CALL
DELISTED
Kate Spade & Company
KATE
| $8.62M | ﹤0.01% |
337,700
+109,600
| +48% | +$2.15M |
|
1694
CALL
Vanguard Morningstar Large-Cap ETF
VV
$54B
| $8.6M | ﹤0.01% |
91,500
+54,000
| +144% | +$4.81M |
|
1695
PUT
TJX Companies
TJX
$153B
| $8.58M | ﹤0.01% |
219,000
-92,200
| -30% | -$3.35M |
|
|
SPR
1696
CALL
DELISTED
Spirit AeroSystems
SPR
| $8.58M | ﹤0.01% |
189,100
+98,000
| +108% | +$4.46M |
|
1697
PUT
ProShares UltraPro Short S&P 500
SPXU
$392M
| $8.57M | ﹤0.01% |
739
-1,692
| -70% | -$23.8M |
|
|
ASRT
1698
CALL
DELISTED
Assertio
ASRT
| $8.56M | ﹤0.01% |
10,247
+3,355
| +49% | +$3.11M |
|
|
WNR
1699
DELISTED
Western Refining Inc
WNR
| $8.55M | ﹤0.01% |
294,058
+134,223
| +84% | +$4.05M |
|
1700
CALL
Repligen
RGEN
$10.2B
| $8.54M | ﹤0.01% |
318,400
+51,300
| +19% | +$1.26M |
|
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.