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 | |
|---|---|---|---|---|---|---|
|
SLCA
1726
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $8.28M | ﹤0.01% |
364,300
-128,100
| -26% | -$2.38M |
|
|
ALR
1727
DELISTED
Alere Inc
ALR
| $8.26M | ﹤0.01% |
163,291
+139,605
| +589% | +$6.69M |
|
1728
CALL
CenterPoint Energy
CNP
$26B
| $8.26M | ﹤0.01% |
394,700
+203,900
| +107% | +$3.85M |
|
1729
Pan American Silver
PAAS
$22B
| $8.24M | ﹤0.01% |
758,533
+318,244
| +72% | +$2.73M |
|
|
MHFI
1730
CALL
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $8.22M | ﹤0.01% |
83,100
+22,200
| +36% | +$1.99M |
|
1731
CALL
Alaunos Therapeutics
TCRT
$4.47M
| $8.22M | ﹤0.01% |
7,389
-196
| -3% | -$201K |
|
|
JKS
1732
PUT
JinkoSolar
JKS
$689M
| $8.21M | ﹤0.01% |
392,900
-88,400
| -18% | -$1.9M |
|
1733
CALL
ProShares UltraShort S&P500
SDS
$397M
| $8.21M | ﹤0.01% |
4,331
-546
| -11% | -$1.17M |
|
1734
PUT
abrdn Physical Gold Shares ETF
SGOL
$7.72B
| $8.2M | ﹤0.01% |
+683,000
| New | +$7.9M |
|
1735
iShares MSCI USA Min Vol Factor ETF
USMV
$24.3B
| $8.18M | ﹤0.01% |
186,246
+164,516
| +757% | +$6.84M |
|
1736
Illinois Tool Works
ITW
$81.2B
| $8.17M | ﹤0.01% |
79,765
-80,319
| -50% | -$7.44M |
|
1737
Ulta Beauty
ULTA
$22.9B
| $8.17M | ﹤0.01% |
42,163
-1,264
| -3% | -$220K |
|
1738
PUT
Canadian Imperial Bank of Commerce
CM
$108B
| $8.17M | ﹤0.01% |
218,600
+153,000
| +233% | +$5.1M |
|
|
JAH
1739
CALL
DELISTED
JARDEN CORPORATION
JAH
| $8.16M | ﹤0.01% |
138,400
-91,900
| -40% | -$4.92M |
|
|
XEC
1740
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $8.14M | ﹤0.01% |
83,700
+49,900
| +148% | +$4.39M |
|
1741
PUT
TD Synnex
SNX
$20.3B
| $8.14M | ﹤0.01% |
175,800
+123,400
| +235% | +$5.51M |
|
1742
Annaly Capital Management
NLY
$17.3B
| $8.14M | ﹤0.01% |
198,277
-163,594
| -45% | -$6.42M |
|
1743
PUT
ProShares Short QQQ
PSQ
$604M
| $8.11M | ﹤0.01% |
30,820
+29,600
| +2,426% | +$8.26M |
|
1744
CALL
Olin
OLN
$1.96B
| $8.1M | ﹤0.01% |
466,300
+199,500
| +75% | +$3.09M |
|
|
TFCFA
1745
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $8.1M | ﹤0.01% |
290,494
-717,348
| -71% | -$19.2M |
|
1746
PUT
FirstEnergy
FE
$27.1B
| $8.1M | ﹤0.01% |
225,100
-11,700
| -5% | -$393K |
|
1747
CALL
Toll Brothers
TOL
$13.8B
| $8.09M | ﹤0.01% |
274,200
-160,000
| -37% | -$4.47M |
|
1748
PUT
Dover
DOV
$27.7B
| $8.08M | ﹤0.01% |
155,493
+38,997
| +33% | +$1.89M |
|
1749
PUT
Gen Digital
GEN
$17.5B
| $8.08M | ﹤0.01% |
439,600
-1,322,000
| -75% | -$25.4M |
|
1750
Schwab Fundamental International Large Company Index ETF
FNDF
$26.1B
| $8.08M | ﹤0.01% |
341,456
+166,794
| +95% | +$3.76M |
|
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.