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 | |
|---|---|---|---|---|---|---|
|
SYT
1951
DELISTED
Syngenta Ag
SYT
| $6.59M | ﹤0.01% |
79,557
+9,072
| +13% | +$714K |
|
1952
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.4B
| $6.58M | ﹤0.01% |
132,525
+119,150
| +891% | +$5.46M |
|
|
FL
1953
DELISTED
Foot Locker
FL
| $6.58M | ﹤0.01% |
101,951
-132,209
| -56% | -$8.58M |
|
|
CLVS
1954
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $6.57M | ﹤0.01% |
342,200
+66,000
| +24% | +$1.4M |
|
1955
CALL
World Acceptance Corp
WRLD
$891M
| $6.57M | ﹤0.01% |
173,200
-72,700
| -30% | -$2.56M |
|
1956
Intuit
INTU
$94.6B
| $6.57M | ﹤0.01% |
63,131
+12,173
| +24% | +$1.18M |
|
1957
CALL
Nu Skin
NUS
$236M
| $6.56M | ﹤0.01% |
171,600
-25,000
| -13% | -$827K |
|
1958
Motorola Solutions
MSI
$80.6B
| $6.56M | ﹤0.01% |
86,628
+45,785
| +112% | +$3.1M |
|
1959
CALL
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$20.2M
| $6.55M | ﹤0.01% |
3,762
+1,226
| +48% | +$3.09M |
|
1960
Waste Management
WM
$88.4B
| $6.55M | ﹤0.01% |
110,983
-199,182
| -64% | -$11M |
|
1961
PUT
Cullen/Frost Bankers
CFR
$10.1B
| $6.55M | ﹤0.01% |
118,800
+62,700
| +112% | +$3.25M |
|
1962
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $6.54M | ﹤0.01% |
34,700
-51,600
| -60% | -$9.23M |
|
1963
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $6.53M | ﹤0.01% |
79,300
+16,700
| +27% | +$1.31M |
|
1964
SPX Corp
SPXC
$10.3B
| $6.53M | ﹤0.01% |
434,928
-86,022
| -17% | -$919K |
|
1965
CALL
Citizens Financial Group
CFG
$29.7B
| $6.53M | ﹤0.01% |
311,700
+164,100
| +111% | +$3.48M |
|
1966
News Corp Class A
NWSA
$16.6B
| $6.53M | ﹤0.01% |
511,244
-238,412
| -32% | -$2.82M |
|
|
STRZA
1967
CALL
DELISTED
Starz - Series A
STRZA
| $6.53M | ﹤0.01% |
247,900
+67,300
| +37% | +$1.84M |
|
1968
CALL
Norwegian Cruise Line
NCLH
$7.85B
| $6.52M | ﹤0.01% |
117,900
+85,600
| +265% | +$4.12M |
|
1969
CALL
Oneok
OKE
$59.8B
| $6.51M | ﹤0.01% |
217,900
+24,700
| +13% | +$608K |
|
1970
CALL
BCE
BCE
$21.9B
| $6.5M | ﹤0.01% |
142,800
-14,800
| -9% | -$618K |
|
|
LXK
1971
CALL
DELISTED
Lexmark Intl Inc
LXK
| $6.5M | ﹤0.01% |
194,300
-113,300
| -37% | -$3.35M |
|
1972
PUT
Restaurant Brands International
QSR
$27.6B
| $6.49M | ﹤0.01% |
167,200
+7,700
| +5% | +$268K |
|
1973
TJX Companies
TJX
$151B
| $6.48M | ﹤0.01% |
165,418
-88,692
| -35% | -$3.22M |
|
|
S
1974
CALL
DELISTED
Sprint Corporation
S
| $6.47M | ﹤0.01% |
1,860,700
+282,800
| +18% | +$904K |
|
1975
VanEck Semiconductor ETF
SMH
$65.9B
| $6.47M | ﹤0.01% |
234,886
+120,850
| +106% | +$3.05M |
|
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.