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 | |
|---|---|---|---|---|---|---|
1801
PUT
XPO
XPO
$22.5B
| $6.94M | ﹤0.01% |
763,906
-291,742
| -28% | -$2.9M |
|
1802
CALL
iShares S&P 500 Growth ETF
IVW
$76.1B
| $6.94M | ﹤0.01% |
238,000
-610,000
| -72% | -$17.7M |
|
1803
Ally Financial
ALLY
$13B
| $6.93M | ﹤0.01% |
406,036
-246,531
| -38% | -$4.26M |
|
1804
PUT
Sunoco
SUN
$14.1B
| $6.93M | ﹤0.01% |
231,400
+112,700
| +95% | +$3.69M |
|
|
VER
1805
PUT
DELISTED
VEREIT, Inc.
VER
| $6.92M | ﹤0.01% |
136,580
-6,320
| -4% | -$298K |
|
|
CYBR
1806
PUT
DELISTED
CyberArk
CYBR
| $6.92M | ﹤0.01% |
142,500
-61,200
| -30% | -$2.64M |
|
|
LUMO
1807
CALL
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $6.92M | ﹤0.01% |
68,322
+41,233
| +152% | +$5.11M |
|
1808
CALL
Huntington Ingalls Industries
HII
$11.5B
| $6.92M | ﹤0.01% |
41,200
+21,700
| +111% | +$3.3M |
|
1809
PUT
BOK Financial
BOKF
$8.42B
| $6.91M | ﹤0.01% |
110,200
+51,000
| +86% | +$3.03M |
|
|
N
1810
PUT
DELISTED
Netsuite Inc
N
| $6.91M | ﹤0.01% |
94,900
+83,700
| +747% | +$6.41M |
|
1811
PUT
Flowers Foods
FLO
$1.51B
| $6.9M | ﹤0.01% |
368,200
-365,900
| -50% | -$6.81M |
|
|
RDS.B
1812
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $6.89M | ﹤0.01% |
123,100
-106,300
| -46% | -$5.47M |
|
|
CIT
1813
PUT
DELISTED
CIT Group Inc.
CIT
| $6.89M | ﹤0.01% |
215,800
-13,800
| -6% | -$448K |
|
1814
CALL
WEC Energy
WEC
$34.8B
| $6.88M | ﹤0.01% |
105,300
+55,400
| +111% | +$3.33M |
|
1815
PUT
Cedar Fair
FUN
$1.7B
| $6.87M | ﹤0.01% |
118,800
+103,300
| +666% | +$6.04M |
|
1816
CALL
Coeur Mining
CDE
$22.2B
| $6.87M | ﹤0.01% |
644,300
+281,600
| +78% | +$2.21M |
|
1817
PUT
iShares Russell Mid-Cap ETF
IWR
$57.4B
| $6.86M | ﹤0.01% |
163,200
+91,200
| +127% | +$3.76M |
|
|
MRD
1818
CALL
DELISTED
MEMORIAL RESOURCE DEV CORP COM STK (DE)
MRD
| $6.86M | ﹤0.01% |
432,000
+421,100
| +3,863% | +$5.97M |
|
1819
PUT
U-Haul Holding Co
UHAL
$13.5B
| $6.85M | ﹤0.01% |
183,000
+37,000
| +25% | +$1.34M |
|
1820
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $6.85M | ﹤0.01% |
64,400
+10,300
| +19% | +$1.03M |
|
|
ACAS
1821
DELISTED
American Capital Ltd
ACAS
| $6.85M | ﹤0.01% |
432,501
+150,465
| +53% | +$2.38M |
|
1822
CALL
Qualys
QLYS
$6.09B
| $6.84M | ﹤0.01% |
229,400
+213,000
| +1,299% | +$5.98M |
|
1823
PUT
iShares Semiconductor ETF
SOXX
$41.9B
| $6.84M | ﹤0.01% |
219,000
+36,000
| +20% | +$1.1M |
|
|
AMTD
1824
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $6.83M | ﹤0.01% |
239,800
-58,700
| -20% | -$1.79M |
|
|
ETFC
1825
DELISTED
E*Trade Financial Corporation
ETFC
| $6.83M | ﹤0.01% |
290,696
-147,503
| -34% | -$3.74M |
|
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.