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 | |
|---|---|---|---|---|---|---|
2001
PUT
Sensata Technologies
ST
$6.2B
| $6.32M | ﹤0.01% |
162,600
+86,700
| +114% | +$3.14M |
|
2002
Andersons Inc
ANDE
$2.22B
| $6.31M | ﹤0.01% |
200,883
+20,051
| +11% | +$570K |
|
|
PRA
2003
DELISTED
ProAssurance
PRA
| $6.31M | ﹤0.01% |
124,683
+33,062
| +36% | +$1.63M |
|
2004
CALL
Ameriprise Financial
AMP
$49.5B
| $6.31M | ﹤0.01% |
67,100
-4,200
| -6% | -$377K |
|
|
THS
2005
PUT
DELISTED
Treehouse Foods
THS
| $6.31M | ﹤0.01% |
72,700
+52,000
| +251% | +$4.15M |
|
2006
CALL
ProShares UltraShort MidCap400
MZZ
$4.2M
| $6.3M | ﹤0.01% |
43,150
+31,625
| +274% | +$5.52M |
|
2007
CALL
VanEck Biotech ETF
BBH
$472M
| $6.29M | ﹤0.01% |
60,700
+27,900
| +85% | +$2.91M |
|
|
NS
2008
DELISTED
NuStar Energy L.P.
NS
| $6.29M | ﹤0.01% |
155,682
+26,673
| +21% | +$929K |
|
2009
Emcor
EME
$33.7B
| $6.27M | ﹤0.01% |
129,084
-10,682
| -8% | -$487K |
|
2010
PUT
T. Rowe Price
TROW
$24B
| $6.27M | ﹤0.01% |
85,300
-10,400
| -11% | -$722K |
|
2011
AerCap
AER
$23.6B
| $6.26M | ﹤0.01% |
161,608
+48,551
| +43% | +$1.67M |
|
2012
CALL
Popular Inc
BPOP
$10.8B
| $6.26M | ﹤0.01% |
218,700
+161,600
| +283% | +$4.23M |
|
|
WW
2013
DELISTED
WW International
WW
| $6.25M | ﹤0.01% |
429,755
+68,156
| +19% | +$926K |
|
2014
CALL
Boston Beer
SAM
$1.91B
| $6.24M | ﹤0.01% |
33,700
-18,000
| -35% | -$3.28M |
|
2015
State Street SPDR S&P Regional Banking ETF
KRE
$4.05B
| $6.23M | ﹤0.01% |
165,602
+38,948
| +31% | +$1.43M |
|
|
CA
2016
PUT
DELISTED
CA, Inc.
CA
| $6.23M | ﹤0.01% |
202,400
-20,900
| -9% | -$600K |
|
2017
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$103M
| $6.23M | ﹤0.01% |
9,450
-16,560
| -64% | -$10.4M |
|
|
CLR
2018
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $6.23M | ﹤0.01% |
205,199
-254,692
| -55% | -$5.75M |
|
|
GNC
2019
DELISTED
GNC Holdings, Inc.
GNC
| $6.23M | ﹤0.01% |
196,188
+102,406
| +109% | +$2.94M |
|
|
RLYP
2020
PUT
DELISTED
RELYPSA INC COM
RLYP
| $6.23M | ﹤0.01% |
459,600
-84,200
| -15% | -$1.43M |
|
2021
UGI
UGI
$8.25B
| $6.21M | ﹤0.01% |
154,259
+47,241
| +44% | +$1.71M |
|
2022
CALL
SolarEdge
SEDG
$2.04B
| $6.18M | ﹤0.01% |
246,000
+149,400
| +155% | +$3.91M |
|
|
VER
2023
DELISTED
VEREIT, Inc.
VER
| $6.18M | ﹤0.01% |
139,421
-104,836
| -43% | -$4.16M |
|
2024
PUT
Coty
COTY
$2.41B
| $6.18M | ﹤0.01% |
222,100
+7,900
| +4% | +$207K |
|
|
MRSH
2025
Marsh
MRSH
$92.2B
| $6.18M | ﹤0.01% |
101,640
-32,353
| -24% | -$1.81M |
|
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.