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 | |
|---|---|---|---|---|---|---|
|
CEO
1701
PUT
DELISTED
CNOOC Limited
CEO
| $8.52M | ﹤0.01% |
72,800
-346,800
| -83% | -$36.2M |
|
1702
PUT
AutoNation
AN
$6.52B
| $8.52M | ﹤0.01% |
182,500
+156,900
| +613% | +$7.6M |
|
|
LUMO
1703
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $8.51M | ﹤0.01% |
51,975
+33,409
| +180% | +$6.77M |
|
1704
Duke Energy
DUK
$95B
| $8.51M | ﹤0.01% |
105,517
-230,494
| -69% | -$17.4M |
|
|
WNR
1705
PUT
DELISTED
Western Refining Inc
WNR
| $8.51M | ﹤0.01% |
292,400
-156,300
| -35% | -$4.71M |
|
1706
PUT
ProShares Ultra Energy
DIG
$81M
| $8.48M | ﹤0.01% |
219,440
+119,360
| +119% | +$4.08M |
|
1707
CALL
Canadian Solar
CSIQ
$936M
| $8.45M | ﹤0.01% |
438,200
-258,900
| -37% | -$5.31M |
|
1708
Vanguard High Dividend Yield ETF
VYM
$83.2B
| $8.45M | ﹤0.01% |
122,314
+34,790
| +40% | +$2.28M |
|
1709
CALL
Meritage Homes
MTH
$4.73B
| $8.44M | ﹤0.01% |
463,200
+413,200
| +826% | +$6.58M |
|
1710
CALL
DaVita
DVA
$11.6B
| $8.44M | ﹤0.01% |
115,000
+24,800
| +27% | +$1.67M |
|
1711
Marriott International
MAR
$93.3B
| $8.42M | ﹤0.01% |
118,277
+1,317
| +1% | +$86.1K |
|
|
HDAW
1712
DELISTED
Xtrackers MSCI All World ex US High Dividend Yield Equity ETF
HDAW
| $8.41M | ﹤0.01% |
373,343
+355,956
| +2,047% | +$7.79M |
|
|
MIC
1713
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $8.41M | ﹤0.01% |
124,700
-97,600
| -44% | -$6.19M |
|
1714
Gold Fields
GFI
$42.6B
| $8.39M | ﹤0.01% |
2,130,645
-323,287
| -13% | -$1.21M |
|
1715
PPG Industries
PPG
$25.4B
| $8.37M | ﹤0.01% |
75,079
-4,965
| -6% | -$488K |
|
|
DO
1716
CALL
DELISTED
Diamond Offshore Drilling
DO
| $8.37M | ﹤0.01% |
385,100
-465,300
| -55% | -$9.17M |
|
|
LUMO
1717
PUT
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $8.37M | ﹤0.01% |
51,078
+25,011
| +96% | +$5.07M |
|
|
STMP
1718
CALL
DELISTED
Stamps.com, Inc.
STMP
| $8.36M | ﹤0.01% |
78,700
-129,600
| -62% | -$13.3M |
|
1719
PUT
KKR & Co
KKR
$96.9B
| $8.36M | ﹤0.01% |
569,000
+146,800
| +35% | +$2M |
|
1720
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.19B
| $8.36M | ﹤0.01% |
134,540
+96,766
| +256% | +$5.64M |
|
1721
PUT
Interactive Brokers
IBKR
$43.8B
| $8.31M | ﹤0.01% |
845,200
+392,400
| +87% | +$3.46M |
|
1722
PUT
Avis
CAR
$5.11B
| $8.29M | ﹤0.01% |
303,000
-156,600
| -34% | -$4.28M |
|
1723
CALL
International Flavors & Fragrances
IFF
$22.2B
| $8.28M | ﹤0.01% |
72,800
+49,800
| +217% | +$5.57M |
|
|
LNW
1724
DELISTED
Light & Wonder
LNW
| $8.28M | ﹤0.01% |
878,296
-401,098
| -31% | -$2.99M |
|
1725
CALL
Protolabs
PRLB
$1.88B
| $8.28M | ﹤0.01% |
107,400
+32,600
| +44% | +$2.1M |
|
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.