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 | |
|---|---|---|---|---|---|---|
1851
CALL
Cheniere Energy
CQP
$32.9B
| $6.67M | ﹤0.01% |
222,400
+51,600
| +30% | +$1.51M |
|
1852
Coca-Cola Europacific Partners
CCEP
$48.5B
| $6.66M | ﹤0.01% |
186,554
-85,743
| -31% | -$4.04M |
|
|
DWTI
1853
DELISTED
VelocityShares 3x Inverse Crude ETN linked to the S&P GSCI Crude Oil Index Excess Return
DWTI
| $6.65M | ﹤0.01% |
90,901
+72,343
| +390% | +$6.85M |
|
|
VAL
1854
DELISTED
Valspar
VAL
| $6.65M | ﹤0.01% |
61,564
+22,764
| +59% | +$2.44M |
|
1855
CALL
Cullen/Frost Bankers
CFR
$10.2B
| $6.65M | ﹤0.01% |
104,300
+4,300
| +4% | +$265K |
|
|
WPZ
1856
PUT
DELISTED
Williams Partners L.P.
WPZ
| $6.65M | ﹤0.01% |
191,900
-121,400
| -39% | -$3.59M |
|
1857
PUT
Brunswick
BC
$5.21B
| $6.63M | ﹤0.01% |
146,400
+35,500
| +32% | +$1.68M |
|
1858
Ralph Lauren
RL
$21.6B
| $6.63M | ﹤0.01% |
73,981
-66,782
| -47% | -$6.2M |
|
|
ACAS
1859
CALL
DELISTED
American Capital Ltd
ACAS
| $6.62M | ﹤0.01% |
418,400
-372,800
| -47% | -$5.89M |
|
1860
L3Harris
LHX
$48.8B
| $6.62M | ﹤0.01% |
79,319
-119,695
| -60% | -$9.46M |
|
1861
Celanese
CE
$4.89B
| $6.61M | ﹤0.01% |
100,995
+23,631
| +31% | +$1.64M |
|
|
SEE
1862
CALL
DELISTED
Sealed Air
SEE
| $6.61M | ﹤0.01% |
143,800
-2,000
| -1% | -$95.6K |
|
1863
Alibaba
BABA
$286B
| $6.61M | ﹤0.01% |
83,073
-883,975
| -91% | -$69.2M |
|
|
OAK
1864
PUT
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $6.6M | ﹤0.01% |
147,500
+106,200
| +257% | +$4.94M |
|
1865
VanEck IG Floating Rate ETF
FLTR
$3.08B
| $6.6M | ﹤0.01% |
266,046
+60,010
| +29% | +$1.48M |
|
1866
CALL
MannKind Corp
MNKD
$1.34B
| $6.59M | ﹤0.01% |
1,136,920
-100,580
| -8% | -$622K |
|
|
IMPV
1867
PUT
DELISTED
Imperva, Inc.
IMPV
| $6.59M | ﹤0.01% |
153,300
+96,200
| +168% | +$4.04M |
|
1868
PUT
Cooper Companies
COO
$14.2B
| $6.59M | ﹤0.01% |
153,600
+87,600
| +133% | +$3.5M |
|
1869
CALL
Dave & Buster's
PLAY
$350M
| $6.58M | ﹤0.01% |
140,700
+121,700
| +641% | +$5.05M |
|
|
KATE
1870
CALL
DELISTED
Kate Spade & Company
KATE
| $6.57M | ﹤0.01% |
318,600
-19,100
| -6% | -$436K |
|
|
HA
1871
CALL
DELISTED
Hawaiian Holdings, Inc.
HA
| $6.55M | ﹤0.01% |
172,500
+2,200
| +1% | +$93.1K |
|
|
LLL
1872
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $6.54M | ﹤0.01% |
44,600
-53,400
| -54% | -$7.17M |
|
1873
CALL
Affiliated Managers Group
AMG
$9.45B
| $6.53M | ﹤0.01% |
46,400
+7,400
| +19% | +$1.21M |
|
|
NBL
1874
PUT
DELISTED
Noble Energy, Inc.
NBL
| $6.52M | ﹤0.01% |
181,800
+35,900
| +25% | +$1.26M |
|
|
HZNP
1875
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $6.52M | ﹤0.01% |
395,700
+60,000
| +18% | +$971K |
|
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.