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 | |
|---|---|---|---|---|---|---|
1776
PUT
Paychex
PAYX
$44.5B
| $7.12M | ﹤0.01% |
119,600
-60,400
| -34% | -$3.24M |
|
|
VXX
1777
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $7.11M | ﹤0.01% |
32,200
-1,331
| -4% | -$332K |
|
1778
Eastman Chemical
EMN
$8.23B
| $7.08M | ﹤0.01% |
104,291
+10,349
| +11% | +$761K |
|
1779
United Parcel Service
UPS
$89.5B
| $7.08M | ﹤0.01% |
65,700
-694,707
| -91% | -$72.3M |
|
1780
iShares Russell Mid-Cap Growth ETF
IWP
$20.4B
| $7.07M | ﹤0.01% |
151,186
+46,950
| +45% | +$2.17M |
|
1781
PUT
Dillards
DDS
$9.95B
| $7.07M | ﹤0.01% |
116,700
+30,200
| +35% | +$1.97M |
|
|
1782
CALL
Dillards
DDS
$9.95B
| $7.07M | ﹤0.01% |
116,600
-50,900
| -30% | -$3.32M |
|
1783
PUT
Neurocrine Biosciences
NBIX
$15.6B
| $7.06M | ﹤0.01% |
155,400
-33,600
| -18% | -$1.55M |
|
|
DISCK
1784
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $7.06M | ﹤0.01% |
295,999
+164,235
| +125% | +$4.34M |
|
1785
CALL
MBIA
MBI
$250M
| $7.04M | ﹤0.01% |
1,031,200
+245,500
| +31% | +$1.82M |
|
1786
CALL
Sempra
SRE
$54.9B
| $7.04M | ﹤0.01% |
123,400
+40,800
| +49% | +$2.16M |
|
1787
Elevance Health
ELV
$86.5B
| $7.03M | ﹤0.01% |
53,545
+46,011
| +611% | +$6.3M |
|
|
SPWR
1788
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $7.03M | ﹤0.01% |
692,953
+326,168
| +89% | +$3.84M |
|
|
HEWG
1789
DELISTED
iShares Currency Hedged MSCI Germany ETF
HEWG
| $7.02M | ﹤0.01% |
309,661
+144,944
| +88% | +$3.35M |
|
1790
PUT
Alaunos Therapeutics
TCRT
$4.55M
| $7M | ﹤0.01% |
8,505
-300
| -3% | -$327K |
|
|
TIF
1791
DELISTED
Tiffany & Co.
TIF
| $7M | ﹤0.01% |
115,489
-119,989
| -51% | -$7.98M |
|
1792
American Water Works
AWK
$27.3B
| $6.99M | ﹤0.01% |
82,724
+11,628
| +16% | +$865K |
|
1793
PUT
KeyCorp
KEY
$23.4B
| $6.98M | ﹤0.01% |
631,900
+204,200
| +48% | +$2.44M |
|
1794
PUT
Dick's Sporting Goods
DKS
$11.1B
| $6.97M | ﹤0.01% |
154,800
-118,200
| -43% | -$5.15M |
|
1795
Vanguard Morningstar Value ETF
VTV
$194B
| $6.96M | ﹤0.01% |
+81,854
| New | +$6.84M |
|
1796
Allstate
ALL
$65.1B
| $6.96M | ﹤0.01% |
99,422
+5,601
| +6% | +$375K |
|
1797
iShares Core S&P US Value ETF
IUSV
$28B
| $6.96M | ﹤0.01% |
155,385
+98,526
| +173% | +$4.32M |
|
|
WNR
1798
CALL
DELISTED
Western Refining Inc
WNR
| $6.95M | ﹤0.01% |
337,100
+256,600
| +319% | +$6.03M |
|
1799
iShares TIPS Bond ETF
TIP
$15.1B
| $6.95M | ﹤0.01% |
59,564
-110,356
| -65% | -$12.7M |
|
1800
CALL
Sunoco
SUN
$14.1B
| $6.95M | ﹤0.01% |
231,900
+120,100
| +107% | +$3.93M |
|
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.