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 | |
|---|---|---|---|---|---|---|
|
HIMX
1976
CALL
Himax Technologies
HIMX
$2.41B
| $5.97M | ﹤0.01% |
723,000
+56,600
| +8% | +$559K |
|
|
KKD
1977
CALL
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $5.96M | ﹤0.01% |
284,600
+231,800
| +439% | +$4.46M |
|
1978
CALL
Eversource Energy
ES
$27B
| $5.95M | ﹤0.01% |
99,400
+49,000
| +97% | +$2.77M |
|
1979
PUT
Quest Diagnostics
DGX
$27B
| $5.95M | ﹤0.01% |
73,100
-77,500
| -51% | -$5.9M |
|
|
WBMD
1980
DELISTED
WebMD Health Corp.
WBMD
| $5.95M | ﹤0.01% |
102,401
+71,904
| +236% | +$4.5M |
|
1981
Invesco CurrencyShares Japanese Yen Trust
FXY
$460M
| $5.94M | ﹤0.01% |
63,496
-180,049
| -74% | -$16.1M |
|
1982
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.86B
| $5.94M | ﹤0.01% |
32
+11
| +52% | +$2.07M |
|
1983
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$99.2M
| $5.94M | ﹤0.01% |
6,457
-12,400
| -66% | -$9.18M |
|
|
ESV
1984
DELISTED
Ensco Rowan plc
ESV
| $5.94M | ﹤0.01% |
152,846
+12,712
| +9% | +$528K |
|
1985
PUT
Autoliv
ALV
$9.05B
| $5.93M | ﹤0.01% |
76,618
+48,719
| +175% | +$4.17M |
|
|
RLYP
1986
CALL
DELISTED
RELYPSA INC COM
RLYP
| $5.92M | ﹤0.01% |
320,200
+68,700
| +27% | +$1.21M |
|
|
DWA
1987
CALL
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $5.91M | ﹤0.01% |
144,700
+50,300
| +53% | +$1.81M |
|
|
CKEC
1988
PUT
DELISTED
Carmike Cinemas Inc
CKEC
| $5.91M | ﹤0.01% |
196,300
-108,500
| -36% | -$3.26M |
|
1989
Trinity Industries
TRN
$2.35B
| $5.91M | ﹤0.01% |
442,103
-74,805
| -14% | -$989K |
|
|
ENLK
1990
DELISTED
EnLink Midstream Partners, LP
ENLK
| $5.91M | ﹤0.01% |
+355,080
| New | +$5.18M |
|
1991
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.82B
| $5.9M | ﹤0.01% |
629,080
+400,250
| +175% | +$3.71M |
|
1992
PUT
ArcelorMittal
MT
$56.2B
| $5.9M | ﹤0.01% |
421,933
-1,348,434
| -76% | -$20.5M |
|
1993
PUT
Marriott Vacations Worldwide
VAC
$3.95B
| $5.89M | ﹤0.01% |
86,000
+50,300
| +141% | +$3.15M |
|
|
SHLX
1994
CALL
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $5.89M | ﹤0.01% |
174,200
+78,400
| +82% | +$2.71M |
|
1995
State Street SPDR S&P China ETF
GXC
$473M
| $5.88M | ﹤0.01% |
84,168
-11,764
| -12% | -$806K |
|
1996
Sherwin-Williams
SHW
$84.6B
| $5.87M | ﹤0.01% |
60,000
-36,108
| -38% | -$3.52M |
|
1997
CALL
Dick's Sporting Goods
DKS
$11.6B
| $5.87M | ﹤0.01% |
130,300
-12,400
| -9% | -$540K |
|
1998
CALL
Roper Technologies
ROP
$40.9B
| $5.87M | ﹤0.01% |
34,400
+6,000
| +21% | +$1.05M |
|
1999
Amphenol
APH
$199B
| $5.87M | ﹤0.01% |
409,200
-16,548
| -4% | -$238K |
|
2000
RB Global
RBA
$15.9B
| $5.84M | ﹤0.01% |
172,990
| – | – |
|
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.