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 | |
|---|---|---|---|---|---|---|
1951
Intuit
INTU
$94B
| $6.13M | ﹤0.01% |
54,902
-8,229
| -13% | -$861K |
|
1952
iShares Morningstar Small-Cap Value ETF
ISCV
$704M
| $6.13M | ﹤0.01% |
+151,701
| New | +$6.13M |
|
1953
CALL
Murphy USA
MUSA
$10.1B
| $6.13M | ﹤0.01% |
82,600
-6,900
| -8% | -$449K |
|
1954
CALL
Factset
FDS
$10.3B
| $6.12M | ﹤0.01% |
37,900
-700
| -2% | -$108K |
|
|
GRUB
1955
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $6.12M | ﹤0.01% |
98,400
+42,100
| +75% | +$2.21M |
|
1956
ConocoPhillips
COP
$158B
| $6.1M | ﹤0.01% |
140,000
-526,531
| -79% | -$23.2M |
|
1957
PUT
Burlington
BURL
$19.9B
| $6.1M | ﹤0.01% |
91,400
-18,200
| -17% | -$1.07M |
|
1958
Accenture
ACN
$111B
| $6.08M | ﹤0.01% |
53,668
+41,745
| +350% | +$4.84M |
|
1959
JB Hunt Transport Services
JBHT
$24.7B
| $6.08M | ﹤0.01% |
75,134
+44,749
| +147% | +$3.69M |
|
1960
CALL
iShares Semiconductor ETF
SOXX
$41.8B
| $6.07M | ﹤0.01% |
194,400
-65,700
| -25% | -$2M |
|
1961
HP
HPQ
$26.8B
| $6.07M | ﹤0.01% |
483,454
-1,556,740
| -76% | -$19.4M |
|
|
STMP
1962
CALL
DELISTED
Stamps.com, Inc.
STMP
| $6.06M | ﹤0.01% |
69,300
-9,400
| -12% | -$839K |
|
1963
CALL
Invesco CurrencyShares Swiss Franc Trust
FXF
$383M
| $6.05M | ﹤0.01% |
61,600
+43,300
| +237% | +$4.29M |
|
1964
CALL
Herc Holdings
HRI
$5.3B
| $6.05M | ﹤0.01% |
182,300
+69,933
| +62% | +$2.01M |
|
1965
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $6.05M | ﹤0.01% |
62,200
-44,800
| -42% | -$4.27M |
|
1966
CALL
Sturm, Ruger & Co
RGR
$611M
| $6.04M | ﹤0.01% |
94,300
+48,900
| +108% | +$3.16M |
|
1967
Genuine Parts
GPC
$19.1B
| $6.04M | ﹤0.01% |
59,600
-10,510
| -15% | -$1.02M |
|
1968
CALL
SolarEdge
SEDG
$1.95B
| $6.03M | ﹤0.01% |
307,500
+61,500
| +25% | +$1.39M |
|
1969
iShares Expanded Tech Sector ETF
IGM
$10.5B
| $6.02M | ﹤0.01% |
328,278
+217,578
| +197% | +$3.98M |
|
|
WPX
1970
CALL
DELISTED
WPX Energy, Inc.
WPX
| $6.01M | ﹤0.01% |
645,700
-333,500
| -34% | -$3.01M |
|
|
MRSH
1971
Marsh
MRSH
$93B
| $6M | ﹤0.01% |
87,700
-13,940
| -14% | -$895K |
|
1972
PUT
ANI Pharmaceuticals
ANIP
$1.71B
| $6M | ﹤0.01% |
107,500
-64,200
| -37% | -$3.12M |
|
|
USG
1973
PUT
DELISTED
Usg
USG
| $5.99M | ﹤0.01% |
222,100
+13,400
| +6% | +$366K |
|
|
AMAG
1974
DELISTED
AMAG Pharmaceuticals
AMAG
| $5.98M | ﹤0.01% |
250,088
+130,387
| +109% | +$2.99M |
|
1975
PUT
Acadia Healthcare
ACHC
$2.95B
| $5.97M | ﹤0.01% |
107,800
+73,400
| +213% | +$4.29M |
|
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.