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 | |
|---|---|---|---|---|---|---|
|
MRSH
1676
CALL
Marsh
MRSH
$92.3B
| $7.76M | ﹤0.01% |
113,400
-36,000
| -24% | -$2.31M |
|
|
VMRK
1677
PUT
Vivmark Residential
VMRK
$27B
| $7.76M | ﹤0.01% |
112,600
+65,800
| +141% | +$4.53M |
|
1678
CALL
Pan American Silver
PAAS
$22.5B
| $7.75M | ﹤0.01% |
471,400
-33,000
| -7% | -$472K |
|
1679
PUT
JetBlue
JBLU
$1.92B
| $7.75M | ﹤0.01% |
468,100
+50,100
| +12% | +$931K |
|
1680
PUT
KKR & Co
KKR
$96.6B
| $7.75M | ﹤0.01% |
628,100
+59,100
| +10% | +$791K |
|
1681
Yelp
YELP
$1.29B
| $7.73M | ﹤0.01% |
254,590
-355,706
| -58% | -$8.66M |
|
1682
PUT
Church & Dwight Co
CHD
$24.3B
| $7.73M | ﹤0.01% |
150,200
+108,200
| +258% | +$5.22M |
|
|
AUY
1683
CALL
DELISTED
Yamana Gold, Inc.
AUY
| $7.72M | ﹤0.01% |
1,485,000
+213,200
| +17% | +$956K |
|
1684
CALL
ProShares UltraShort FTSE Europe
EPV
$9.25M
| $7.72M | ﹤0.01% |
27,100
+22,080
| +440% | +$6.35M |
|
1685
PUT
A.O. Smith
AOS
$8.45B
| $7.72M | ﹤0.01% |
175,200
-258,000
| -60% | -$10.4M |
|
1686
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$730M
| $7.7M | ﹤0.01% |
13,650
+11,600
| +566% | +$7.27M |
|
|
SDRL
1687
PUT
DELISTED
Seadrill Limited Common Stock
SDRL
| $7.69M | ﹤0.01% |
8,860
-5,146
| -37% | -$4.89M |
|
|
ULTI
1688
PUT
DELISTED
Ultimate Software Group Inc
ULTI
| $7.68M | ﹤0.01% |
36,500
+7,200
| +25% | +$1.43M |
|
1689
PUT
iShares Core S&P 500 ETF
IVV
$894B
| $7.67M | ﹤0.01% |
36,400
+22,500
| +162% | +$4.69M |
|
|
ABMD
1690
CALL
DELISTED
Abiomed Inc
ABMD
| $7.66M | ﹤0.01% |
70,100
-35,000
| -33% | -$3.48M |
|
1691
CALL
Fidelity National Information Services
FIS
$20.9B
| $7.66M | ﹤0.01% |
103,900
+90,600
| +681% | +$6.37M |
|
1692
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$252M
| $7.65M | ﹤0.01% |
24,840
-9,420
| -27% | -$2.64M |
|
1693
CALL
Lazard
LAZ
$4.27B
| $7.64M | ﹤0.01% |
256,600
+32,200
| +14% | +$1.12M |
|
1694
PUT
iShares Russell 1000 Value ETF
IWD
$84.2B
| $7.64M | ﹤0.01% |
74,000
+16,600
| +29% | +$1.68M |
|
1695
CALL
Scotiabank
BNS
$113B
| $7.63M | ﹤0.01% |
155,700
+38,677
| +33% | +$1.9M |
|
|
STRZA
1696
PUT
DELISTED
Starz - Series A
STRZA
| $7.63M | ﹤0.01% |
255,000
+180,200
| +241% | +$4.8M |
|
|
BLUE
1697
CALL
DELISTED
bluebird bio
BLUE
| $7.63M | ﹤0.01% |
13,603
+3,104
| +30% | +$1.76M |
|
1698
Magna International
MGA
$17.7B
| $7.61M | ﹤0.01% |
217,109
-56,190
| -21% | -$2.26M |
|
1699
Ubiquiti
UI
$34.9B
| $7.59M | ﹤0.01% |
196,235
+11,662
| +6% | +$433K |
|
1700
Bank of Montreal
BMO
$121B
| $7.58M | ﹤0.01% |
119,637
-3,327
| -3% | -$211K |
|
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.