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 | |
|---|---|---|---|---|---|---|
|
WRK
1901
PUT
DELISTED
WestRock Company
WRK
| $6.91M | ﹤0.01% |
196,563
+184,354
| +1,510% | +$6.01M |
|
1902
CALL
Valmont Industries
VMI
$9.21B
| $6.9M | ﹤0.01% |
55,700
+32,100
| +136% | +$3.56M |
|
1903
PUT
Open Text
OTEX
$5.89B
| $6.89M | ﹤0.01% |
266,200
+73,000
| +38% | +$1.76M |
|
1904
CALL
Hilton Worldwide
HLT
$74.8B
| $6.89M | ﹤0.01% |
102,000
-66,200
| -39% | -$3.93M |
|
1905
PUT
Infosys
INFY
$47.3B
| $6.89M | ﹤0.01% |
724,400
-278,000
| -28% | -$2.42M |
|
1906
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $6.86M | ﹤0.01% |
54,500
+22,200
| +69% | +$2.77M |
|
1907
PUT
PPG Industries
PPG
$25.4B
| $6.86M | ﹤0.01% |
61,500
+42,200
| +219% | +$4.15M |
|
1908
PUT
Zillow
Z
$7.86B
| $6.85M | ﹤0.01% |
288,800
-491,900
| -63% | -$10.3M |
|
|
FAZ
1909
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$87.2M
| $6.85M | ﹤0.01% |
403
-83
| -17% | -$1.69M |
|
|
WPX
1910
CALL
DELISTED
WPX Energy, Inc.
WPX
| $6.84M | ﹤0.01% |
979,200
+670,900
| +218% | +$3.42M |
|
|
UN
1911
CALL
DELISTED
Unilever NV New York Registry Shares
UN
| $6.84M | ﹤0.01% |
153,200
+91,700
| +149% | +$3.95M |
|
1912
CALL
iShares Russell 1000 Growth ETF
IWF
$125B
| $6.82M | ﹤0.01% |
273,200
+141,600
| +108% | +$3.35M |
|
1913
CALL
LendingTree
TREE
$418M
| $6.82M | ﹤0.01% |
69,700
-126,000
| -64% | -$9.84M |
|
1914
Trinity Industries
TRN
$2.35B
| $6.81M | ﹤0.01% |
516,908
-468,296
| -48% | -$6.58M |
|
1915
PUT
Sempra
SRE
$55.8B
| $6.79M | ﹤0.01% |
130,600
+26,600
| +26% | +$1.28M |
|
|
MDCO
1916
CALL
DELISTED
Medicines Co
MDCO
| $6.79M | ﹤0.01% |
213,700
-3,800
| -2% | -$124K |
|
|
CEO
1917
DELISTED
CNOOC Limited
CEO
| $6.79M | ﹤0.01% |
58,000
-206,677
| -78% | -$21.6M |
|
1918
Eastman Chemical
EMN
$8.34B
| $6.79M | ﹤0.01% |
93,942
-62,093
| -40% | -$4.07M |
|
1919
PUT
Generac Holdings
GNRC
$12.2B
| $6.78M | ﹤0.01% |
182,000
+74,600
| +69% | +$2.4M |
|
|
BTU
1920
CALL
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $6.78M | ﹤0.01% |
2,921,300
-2,805,700
| -49% | -$10.4M |
|
1921
Crown Castle
CCI
$32.1B
| $6.77M | ﹤0.01% |
78,250
-8,896
| -10% | -$754K |
|
1922
CALL
NiSource
NI
$19.7B
| $6.76M | ﹤0.01% |
287,100
+149,100
| +108% | +$3.2M |
|
|
ZIONW
1923
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $6.75M | ﹤0.01% |
2,846,798
| – | – |
|
|
KITE
1924
PUT
DELISTED
Kite Pharma, Inc.
KITE
| $6.74M | ﹤0.01% |
146,900
-10,600
| -7% | -$513K |
|
1925
CALL
Vanguard FTSE Europe ETF
VGK
$31.2B
| $6.74M | ﹤0.01% |
137,800
-361,300
| -72% | -$16.9M |
|
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.