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 | |
|---|---|---|---|---|---|---|
1851
PUT
NRG Energy
NRG
$24.4B
| $7.21M | ﹤0.01% |
553,900
-288,900
| -34% | -$3.3M |
|
1852
KLA
KLAC
$240B
| $7.2M | ﹤0.01% |
989,000
+366,930
| +59% | +$2.47M |
|
|
NLSN
1853
CALL
DELISTED
Nielsen Holdings plc
NLSN
| $7.18M | ﹤0.01% |
136,400
-269,700
| -66% | -$13.1M |
|
|
ABMD
1854
PUT
DELISTED
Abiomed Inc
ABMD
| $7.18M | ﹤0.01% |
75,700
+18,400
| +32% | +$1.55M |
|
1855
PUT
Allstate
ALL
$66.2B
| $7.17M | ﹤0.01% |
106,500
-46,200
| -30% | -$2.9M |
|
1856
PUT
MBIA
MBI
$256M
| $7.16M | ﹤0.01% |
809,300
-2,874,400
| -78% | -$20.9M |
|
|
FISV
1857
CALL
Fiserv Inc
FISV
$27.9B
| $7.16M | ﹤0.01% |
139,600
+21,400
| +18% | +$1.01M |
|
1858
PUT
Kinross Gold
KGC
$38.3B
| $7.16M | ﹤0.01% |
2,105,800
-44,500
| -2% | -$110K |
|
|
RDS.B
1859
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $7.15M | ﹤0.01% |
145,328
-309,661
| -68% | -$13.9M |
|
1860
JetBlue
JBLU
$1.88B
| $7.15M | ﹤0.01% |
338,417
-306,141
| -47% | -$6.44M |
|
1861
CALL
Motorola Solutions
MSI
$80.6B
| $7.15M | ﹤0.01% |
94,400
-23,400
| -20% | -$1.58M |
|
|
DVAX
1862
PUT
DELISTED
Dynavax Technologies
DVAX
| $7.13M | ﹤0.01% |
370,800
+251,400
| +211% | +$5.08M |
|
1863
Carnival Corporation Ltd
CCL
$35B
| $7.13M | ﹤0.01% |
135,188
-408,067
| -75% | -$19.7M |
|
|
AMJ
1864
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $7.13M | ﹤0.01% |
263,093
-1,007,023
| -79% | -$25.4M |
|
1865
CALL
Macerich
MAC
$6.86B
| $7.12M | ﹤0.01% |
89,900
+30,700
| +52% | +$2.4M |
|
|
CIT
1866
PUT
DELISTED
CIT Group Inc.
CIT
| $7.12M | ﹤0.01% |
229,600
+83,900
| +58% | +$2.64M |
|
1867
Cleveland-Cliffs
CLF
$6.58B
| $7.11M | ﹤0.01% |
2,371,280
+1,731,585
| +271% | +$3.63M |
|
|
1868
CALL
KLA
KLAC
$240B
| $7.09M | ﹤0.01% |
974,000
-2,026,000
| -68% | -$13.6M |
|
|
DO
1869
PUT
DELISTED
Diamond Offshore Drilling
DO
| $7.08M | ﹤0.01% |
325,900
-219,800
| -40% | -$4.33M |
|
|
DVAX
1870
CALL
DELISTED
Dynavax Technologies
DVAX
| $7.07M | ﹤0.01% |
367,500
+41,900
| +13% | +$847K |
|
|
CHL
1871
CALL
DELISTED
China Mobile Limited
CHL
| $7.07M | ﹤0.01% |
127,500
-399,800
| -76% | -$21.6M |
|
1872
CALL
Sinclair Inc
SBGI
$1.04B
| $7.07M | ﹤0.01% |
229,900
-65,000
| -22% | -$2M |
|
1873
Williams-Sonoma
WSM
$28B
| $7.07M | ﹤0.01% |
258,170
-182,886
| -41% | -$4.96M |
|
1874
PUT
Wayfair
W
$14.2B
| $7.05M | ﹤0.01% |
163,200
-288,900
| -64% | -$12M |
|
1875
CALL
H&R Block
HRB
$6.49B
| $7.05M | ﹤0.01% |
266,700
-251,600
| -49% | -$7.9M |
|
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.