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 | |
|---|---|---|---|---|---|---|
2001
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.8B
| $5.84M | ﹤0.01% |
210,244
+201,392
| +2,275% | +$5.46M |
|
2002
CALL
Nu Skin
NUS
$235M
| $5.83M | ﹤0.01% |
126,300
-45,300
| -26% | -$1.82M |
|
2003
PUT
Murphy Oil
MUR
$5.03B
| $5.83M | ﹤0.01% |
183,700
-21,400
| -10% | -$647K |
|
2004
Smith & Wesson
SWBI
$603M
| $5.82M | ﹤0.01% |
278,791
+192,584
| +223% | +$3.44M |
|
2005
PUT
Shopify
SHOP
$195B
| $5.81M | ﹤0.01% |
1,890,000
+753,000
| +66% | +$2.2M |
|
2006
CALL
Middleby
MIDD
$5.22B
| $5.81M | ﹤0.01% |
50,400
+12,400
| +33% | +$1.42M |
|
2007
Hilton Worldwide
HLT
$74.7B
| $5.81M | ﹤0.01% |
85,932
-102,526
| -54% | -$6.73M |
|
|
KCG
2008
CALL
DELISTED
KCG Holdings, Inc.
KCG
| $5.8M | ﹤0.01% |
436,400
+312,700
| +253% | +$4.15M |
|
2009
PUT
Cracker Barrel
CBRL
$1.29B
| $5.8M | ﹤0.01% |
33,800
-19,100
| -36% | -$2.98M |
|
2010
PUT
Cameco
CCJ
$46.8B
| $5.79M | ﹤0.01% |
528,300
-76,900
| -13% | -$913K |
|
2011
PUT
Steel Dynamics
STLD
$33.8B
| $5.79M | ﹤0.01% |
236,400
+136,000
| +135% | +$3.32M |
|
|
ABMD
2012
DELISTED
Abiomed Inc
ABMD
| $5.79M | ﹤0.01% |
52,999
+19,609
| +59% | +$1.95M |
|
2013
PUT
AGNC Investment
AGNC
$12.9B
| $5.79M | ﹤0.01% |
292,100
+15,800
| +6% | +$298K |
|
2014
Equifax
EFX
$22.4B
| $5.78M | ﹤0.01% |
45,000
-2,117
| -4% | -$256K |
|
2015
Targa Resources
TRGP
$63B
| $5.77M | ﹤0.01% |
137,021
+5,708
| +4% | +$224K |
|
2016
PUT
Lam Research
LRCX
$390B
| $5.76M | ﹤0.01% |
685,000
+66,000
| +11% | +$530K |
|
|
AKRX
2017
PUT
DELISTED
Akorn Inc
AKRX
| $5.75M | ﹤0.01% |
201,900
-184,900
| -48% | -$5.13M |
|
2018
CALL
Deutsche Bank
DB
$75.5B
| $5.75M | ﹤0.01% |
469,056
-190,176
| -29% | -$2.86M |
|
|
LSXMK
2019
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $5.75M | ﹤0.01% |
+244,509
| New | +$5.84M |
|
|
BEAV
2020
PUT
DELISTED
B/E Aerospace Inc
BEAV
| $5.74M | ﹤0.01% |
124,300
+44,700
| +56% | +$2.14M |
|
2021
PUT
Toronto Dominion Bank
TD
$197B
| $5.73M | ﹤0.01% |
133,500
-3,200
| -2% | -$139K |
|
2022
CALL
Vanguard Total International Stock ETF
VXUS
$164B
| $5.72M | ﹤0.01% |
128,700
+113,600
| +752% | +$5.12M |
|
2023
CALL
ProShares Ultra Energy
DIG
$81.5M
| $5.72M | ﹤0.01% |
122,480
-10,800
| -8% | -$471K |
|
2024
Chunghwa Telecom
CHT
$33.3B
| $5.72M | ﹤0.01% |
157,490
+17,389
| +12% | +$597K |
|
|
SA
2025
Seabridge Gold
SA
$3.72B
| $5.71M | ﹤0.01% |
388,624
+57,242
| +17% | +$776K |
|
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.