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 | |
|---|---|---|---|---|---|---|
1701
CALL
Popular Inc
BPOP
$10.8B
| $7.58M | ﹤0.01% |
258,800
+40,100
| +18% | +$1.18M |
|
|
S
1702
DELISTED
Sprint Corporation
S
| $7.56M | ﹤0.01% |
1,668,301
+277,282
| +20% | +$1.03M |
|
1703
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $7.54M | ﹤0.01% |
1,694,400
+979,200
| +137% | +$4.41M |
|
1704
iShares MSCI United Kingdom ETF
EWU
$3.88B
| $7.54M | ﹤0.01% |
245,168
+181,285
| +284% | +$5.75M |
|
|
DVAX
1705
CALL
DELISTED
Dynavax Technologies
DVAX
| $7.52M | ﹤0.01% |
515,900
+148,400
| +40% | +$2.54M |
|
1706
CALL
VeriSign
VRSN
$26.6B
| $7.52M | ﹤0.01% |
87,000
-60,100
| -41% | -$5.18M |
|
1707
PUT
Waters Corp
WAT
$40.7B
| $7.51M | ﹤0.01% |
53,400
+14,400
| +37% | +$1.95M |
|
1708
CALL
Alaska Air
ALK
$4.84B
| $7.51M | ﹤0.01% |
128,800
-90,200
| -41% | -$6.23M |
|
1709
PUT
Cardinal Health
CAH
$55.3B
| $7.5M | ﹤0.01% |
96,200
+59,400
| +161% | +$4.74M |
|
1710
PUT
Cullen/Frost Bankers
CFR
$10.2B
| $7.5M | ﹤0.01% |
117,700
-1,100
| -0.9% | -$67.8K |
|
1711
PUT
Nu Skin
NUS
$236M
| $7.49M | ﹤0.01% |
162,200
-401,400
| -71% | -$16.2M |
|
|
INFN
1712
DELISTED
Infinera Corporation Common Stock
INFN
| $7.49M | ﹤0.01% |
663,582
-15,749
| -2% | -$206K |
|
|
CAVM
1713
CALL
DELISTED
Cavium, Inc.
CAVM
| $7.49M | ﹤0.01% |
193,900
+96,300
| +99% | +$4.76M |
|
1714
PUT
Check Point Software Technologies
CHKP
$13.2B
| $7.48M | ﹤0.01% |
93,900
-64,900
| -41% | -$5.43M |
|
1715
CALL
Raymond James Financial
RJF
$33.6B
| $7.47M | ﹤0.01% |
227,400
+131,400
| +137% | +$4.49M |
|
1716
CALL
Boston Scientific
BSX
$72.3B
| $7.44M | ﹤0.01% |
318,300
-163,600
| -34% | -$3.54M |
|
1717
Hershey
HSY
$37.6B
| $7.43M | ﹤0.01% |
65,511
-72,407
| -53% | -$6.78M |
|
1718
Tyson Foods
TSN
$20.1B
| $7.43M | ﹤0.01% |
111,200
-87,800
| -44% | -$5.69M |
|
1719
PUT
Wabtec
WAB
$50.2B
| $7.42M | ﹤0.01% |
105,700
+67,500
| +177% | +$5.24M |
|
1720
Illumina
ILMN
$34B
| $7.42M | ﹤0.01% |
54,303
-105,960
| -66% | -$15.1M |
|
|
AUY
1721
DELISTED
Yamana Gold, Inc.
AUY
| $7.41M | ﹤0.01% |
1,424,619
-1,997,921
| -58% | -$8.96M |
|
|
BPL
1722
PUT
DELISTED
Buckeye Partners, L.P.
BPL
| $7.41M | ﹤0.01% |
105,300
+64,900
| +161% | +$4.55M |
|
1723
CALL
Public Service Enterprise Group
PEG
$36.5B
| $7.4M | ﹤0.01% |
158,800
+500
| +0.3% | +$22.7K |
|
1724
CALL
Dycom Industries
DY
$10.6B
| $7.39M | ﹤0.01% |
82,300
-58,500
| -42% | -$4.42M |
|
1725
PUT
Parker-Hannifin
PH
$128B
| $7.38M | ﹤0.01% |
68,300
-80,200
| -54% | -$8.99M |
|
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.