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 | |
|---|---|---|---|---|---|---|
1751
PUT
Cracker Barrel
CBRL
$1.31B
| $8.08M | ﹤0.01% |
52,900
-28,600
| -35% | -$3.95M |
|
1752
PUT
Regions Financial
RF
$26.2B
| $8.07M | ﹤0.01% |
1,028,400
-121,700
| -11% | -$979K |
|
1753
PUT
Ashland
ASH
$3.4B
| $8.07M | ﹤0.01% |
150,030
-90,549
| -38% | -$4.36M |
|
1754
CALL
Shake Shack
SHAK
$2.95B
| $8.06M | ﹤0.01% |
216,000
+85,500
| +66% | +$3.08M |
|
1755
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$255M
| $8.06M | ﹤0.01% |
34,260
-59,120
| -63% | -$11.7M |
|
|
HA
1756
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.04M | ﹤0.01% |
170,300
+43,600
| +34% | +$1.69M |
|
|
AXON
1757
PUT
Axon Enterprise
AXON
$49.4B
| $8.02M | ﹤0.01% |
408,600
-299,900
| -42% | -$5.15M |
|
|
HES
1758
DELISTED
Hess
HES
| $8.01M | ﹤0.01% |
152,165
-367,854
| -71% | -$16.3M |
|
1759
CALL
Sanofi
SNY
$109B
| $8.01M | ﹤0.01% |
199,400
-77,800
| -28% | -$3.13M |
|
1760
CALL
Cooper Companies
COO
$14.2B
| $8.01M | ﹤0.01% |
208,000
+37,200
| +22% | +$1.28M |
|
|
FLG
1761
Flagstar Bank National Association
FLG
$5.65B
| $7.99M | ﹤0.01% |
167,485
+103,121
| +160% | +$4.78M |
|
|
NAV
1762
CALL
DELISTED
Navistar International
NAV
| $7.99M | ﹤0.01% |
637,800
-2,600
| -0.4% | -$23.7K |
|
1763
CALL
Omnicom Group
OMC
$24.1B
| $7.98M | ﹤0.01% |
95,900
+10,600
| +12% | +$799K |
|
|
HAR
1764
PUT
DELISTED
Harman International Industries
HAR
| $7.97M | ﹤0.01% |
89,500
-2,900
| -3% | -$230K |
|
1765
EOG Resources
EOG
$76B
| $7.95M | ﹤0.01% |
109,591
-674,987
| -86% | -$46.6M |
|
1766
CALL
Itaú Unibanco
ITUB
$83.9B
| $7.95M | ﹤0.01% |
2,099,656
-327,627
| -13% | -$998K |
|
1767
Vail Resorts
MTN
$5.3B
| $7.95M | ﹤0.01% |
59,444
+37,349
| +169% | +$4.68M |
|
|
CYBR
1768
CALL
DELISTED
CyberArk
CYBR
| $7.95M | ﹤0.01% |
186,400
-20,100
| -10% | -$809K |
|
1769
CALL
iShares Semiconductor ETF
SOXX
$42B
| $7.94M | ﹤0.01% |
260,100
-28,800
| -10% | -$808K |
|
1770
CALL
NOV
NOV
$7.21B
| $7.94M | ﹤0.01% |
255,300
-519,000
| -67% | -$15.9M |
|
1771
PVH
PVH
$3.62B
| $7.94M | ﹤0.01% |
80,158
-19,976
| -20% | -$1.57M |
|
1772
CALL
Digital Realty Trust
DLR
$71.8B
| $7.94M | ﹤0.01% |
89,700
-800
| -0.9% | -$64.8K |
|
1773
Rio Tinto
RIO
$170B
| $7.93M | ﹤0.01% |
280,495
+265,952
| +1,829% | +$7.08M |
|
1774
PUT
Pacira BioSciences
PCRX
$1.03B
| $7.92M | ﹤0.01% |
149,500
-22,800
| -13% | -$1.33M |
|
1775
CALL
ProShares UltraShort QQQ
QID
$219M
| $7.91M | ﹤0.01% |
3,313
+2,523
| +319% | +$6.8M |
|
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.