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 | |
|---|---|---|---|---|---|---|
|
BMS
1776
DELISTED
Bemis
BMS
| $7.89M | ﹤0.01% |
152,451
+14,500
| +11% | +$699K |
|
1777
PUT
Cemex
CX
$15.9B
| $7.89M | ﹤0.01% |
1,171,940
-126,936
| -10% | -$625K |
|
|
VR
1778
DELISTED
Validus Hold Ltd
VR
| $7.86M | ﹤0.01% |
166,552
+52,371
| +46% | +$2.35M |
|
1779
PUT
Motorola Solutions
MSI
$80.9B
| $7.83M | ﹤0.01% |
103,400
+3,400
| +3% | +$230K |
|
1780
PUT
Visteon
VC
$2.75B
| $7.82M | ﹤0.01% |
98,300
+59,800
| +155% | +$4.71M |
|
1781
Ross Stores
ROST
$76.3B
| $7.79M | ﹤0.01% |
134,524
+34,127
| +34% | +$1.89M |
|
1782
CALL
Neurocrine Biosciences
NBIX
$16.1B
| $7.78M | ﹤0.01% |
196,800
-4,500
| -2% | -$179K |
|
1783
PUT
Cameco
CCJ
$46.7B
| $7.77M | ﹤0.01% |
605,200
-103,300
| -15% | -$1.24M |
|
1784
CALL
Pediatrix Medical
MD
$2.19B
| $7.75M | ﹤0.01% |
119,900
+35,000
| +41% | +$2.32M |
|
|
WR
1785
DELISTED
Westar Energy Inc
WR
| $7.74M | ﹤0.01% |
156,009
-13,093
| -8% | -$584K |
|
1786
PUT
Expeditors International
EXPD
$24.7B
| $7.73M | ﹤0.01% |
158,400
+4,600
| +3% | +$211K |
|
1787
PUT
NetApp
NTAP
$37.9B
| $7.73M | ﹤0.01% |
283,300
-283,700
| -50% | -$6.87M |
|
1788
Royal Gold
RGLD
$22.6B
| $7.73M | ﹤0.01% |
150,628
-66,487
| -31% | -$2.71M |
|
|
CYB
1789
CALL
DELISTED
WisdomTree Chinese Yuan Strategy Fund
CYB
| $7.72M | ﹤0.01% |
307,300
-219,500
| -42% | -$5.38M |
|
1790
CALL
JetBlue
JBLU
$1.9B
| $7.71M | ﹤0.01% |
365,300
-787,800
| -68% | -$16.6M |
|
1791
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $7.71M | ﹤0.01% |
61,178
+55,546
| +986% | +$6.94M |
|
1792
iShares Core S&P Total US Stock Market ETF
ITOT
$97B
| $7.68M | ﹤0.01% |
164,636
+126,240
| +329% | +$5.57M |
|
1793
MasTec
MTZ
$20.1B
| $7.67M | ﹤0.01% |
378,897
+328,868
| +657% | +$5.38M |
|
|
GRA
1794
CALL
DELISTED
W.R. Grace & Co.
GRA
| $7.67M | ﹤0.01% |
107,700
-925,800
| -90% | -$70.7M |
|
1795
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$171M
| $7.67M | ﹤0.01% |
146,500
+96,625
| +194% | +$3.86M |
|
1796
Darden Restaurants
DRI
$24.9B
| $7.65M | ﹤0.01% |
115,330
+15,044
| +15% | +$952K |
|
1797
PUT
Liberty Global Class C
LBTYK
$3.56B
| $7.63M | ﹤0.01% |
233,856
-111,629
| -32% | -$3.4M |
|
|
CA
1798
CALL
DELISTED
CA, Inc.
CA
| $7.62M | ﹤0.01% |
247,600
-61,100
| -20% | -$1.75M |
|
1799
PUT
L3Harris
LHX
$48.9B
| $7.62M | ﹤0.01% |
97,900
+91,300
| +1,383% | +$7.31M |
|
|
LGF
1800
CALL
DELISTED
Lions Gate Entertainment
LGF
| $7.61M | ﹤0.01% |
348,500
+158,500
| +83% | +$3.78M |
|
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.