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 | |
|---|---|---|---|---|---|---|
|
TFCF
2026
CALL
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $6.18M | ﹤0.01% |
219,000
+41,000
| +23% | +$1.1M |
|
2027
PUT
Community Health Systems
CYH
$412M
| $6.17M | ﹤0.01% |
403,414
-663,080
| -62% | -$10.1M |
|
2028
PUT
Apollo Global Management
APO
$78.9B
| $6.17M | ﹤0.01% |
360,100
+121,700
| +51% | +$1.82M |
|
2029
PUT
Burlington
BURL
$19.8B
| $6.16M | ﹤0.01% |
109,600
+48,500
| +79% | +$2.53M |
|
2030
PUT
Lear
LEA
$8.28B
| $6.16M | ﹤0.01% |
55,400
+47,500
| +601% | +$5.03M |
|
2031
PUT
Protolabs
PRLB
$1.89B
| $6.16M | ﹤0.01% |
79,900
-37,000
| -32% | -$2.39M |
|
2032
Cal-Maine
CALM
$3.88B
| $6.16M | ﹤0.01% |
118,637
-18,243
| -13% | -$910K |
|
2033
PUT
Albemarle
ALB
$15.9B
| $6.16M | ﹤0.01% |
96,300
+46,900
| +95% | +$2.57M |
|
2034
Amphenol
APH
$199B
| $6.15M | ﹤0.01% |
425,748
+199,572
| +88% | +$2.59M |
|
2035
Dick's Sporting Goods
DKS
$11.6B
| $6.15M | ﹤0.01% |
131,610
+95,860
| +268% | +$3.89M |
|
|
STI
2036
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $6.15M | ﹤0.01% |
170,400
+101,800
| +148% | +$3.67M |
|
2037
PUT
Vornado Realty Trust
VNO
$7.27B
| $6.15M | ﹤0.01% |
80,529
+37,110
| +85% | +$2.69M |
|
2038
Ubiquiti
UI
$36.1B
| $6.14M | ﹤0.01% |
184,573
-32,655
| -15% | -$1.01M |
|
2039
iShares US Utilities ETF
IDU
$1.33B
| $6.13M | ﹤0.01% |
99,210
+1,146
| +1% | +$65.9K |
|
|
TSL
2040
CALL
DELISTED
Trina Solar Limited
TSL
| $6.13M | ﹤0.01% |
616,800
-143,700
| -19% | -$1.43M |
|
2041
NetApp
NTAP
$38B
| $6.13M | ﹤0.01% |
224,577
-197,986
| -47% | -$4.8M |
|
|
XEC
2042
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $6.13M | ﹤0.01% |
63,000
-62,500
| -50% | -$5.49M |
|
2043
CALL
The Greenbrier Companies
GBX
$1.43B
| $6.12M | ﹤0.01% |
221,500
-58,500
| -21% | -$1.5M |
|
|
NPBC
2044
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $6.12M | ﹤0.01% |
574,845
+360,222
| +168% | +$4.1M |
|
2045
PUT
Snap-on
SNA
$20.6B
| $6.11M | ﹤0.01% |
38,900
+22,600
| +139% | +$3.46M |
|
2046
New Oriental
EDU
$9.19B
| $6.09M | ﹤0.01% |
175,958
-25,277
| -13% | -$790K |
|
|
INSY
2047
PUT
DELISTED
Insys Therapeutics, Inc.
INSY
| $6.09M | ﹤0.01% |
380,600
+84,200
| +28% | +$1.6M |
|
|
ARMH
2048
PUT
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $6.09M | ﹤0.01% |
139,300
-487,800
| -78% | -$20.4M |
|
|
SUNE
2049
PUT
DELISTED
SUNEDISON, INC COM
SUNE
| $6.08M | ﹤0.01% |
11,262,000
+2,871,200
| +34% | +$6.62M |
|
2050
Tapestry
TPR
$26B
| $6.08M | ﹤0.01% |
151,654
-1,189,246
| -89% | -$43.1M |
|
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.