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 | |
|---|---|---|---|---|---|---|
2051
CALL
Aptiv
APTV
$9.61B
| $6.08M | ﹤0.01% |
81,000
-293,100
| -78% | -$20.1M |
|
2052
Huntington Bancshares
HBAN
$34.4B
| $6.08M | ﹤0.01% |
637,044
+156,590
| +33% | +$1.44M |
|
2053
CALL
Mid-America Apartment Communities
MAA
$15.3B
| $6.07M | ﹤0.01% |
59,400
+10,300
| +21% | +$956K |
|
|
LXK
2054
PUT
DELISTED
Lexmark Intl Inc
LXK
| $6.07M | ﹤0.01% |
181,600
-54,800
| -23% | -$1.62M |
|
|
SPLS
2055
DELISTED
Staples Inc
SPLS
| $6.07M | ﹤0.01% |
550,310
-1,232,119
| -69% | -$11.6M |
|
2056
CALL
Restaurant Brands International
QSR
$27.6B
| $6.07M | ﹤0.01% |
156,300
+69,200
| +79% | +$2.41M |
|
2057
PUT
WisdomTree
WT
$3.75B
| $6.07M | ﹤0.01% |
530,900
-421,400
| -44% | -$5.06M |
|
2058
Essex Property Trust
ESS
$18.5B
| $6.07M | ﹤0.01% |
25,939
+4,442
| +21% | +$974K |
|
|
CST
2059
CALL
DELISTED
CST Brands, Inc.
CST
| $6.07M | ﹤0.01% |
158,400
+35,200
| +29% | +$1.29M |
|
2060
PUT
AstraZeneca
AZN
$258B
| $6.06M | ﹤0.01% |
107,650
-157,500
| -59% | -$9.46M |
|
2061
Invesco S&P 500 Low Volatility ETF
SPLV
$7.1B
| $6.06M | ﹤0.01% |
+150,197
| New | +$5.73M |
|
2062
Sensata Technologies
ST
$6.2B
| $6.04M | ﹤0.01% |
155,587
+136,321
| +708% | +$4.94M |
|
2063
CALL
Progressive
PGR
$129B
| $6.04M | ﹤0.01% |
171,800
-67,000
| -28% | -$2.14M |
|
2064
CALL
Radian Group
RDN
$4.87B
| $6.03M | ﹤0.01% |
486,500
+373,400
| +330% | +$4.23M |
|
2065
PUT
Boston Beer
SAM
$1.91B
| $6.03M | ﹤0.01% |
32,600
-11,300
| -26% | -$2.06M |
|
|
WLL
2066
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $6.03M | ﹤0.01% |
2,520
-2,135
| -46% | -$4.19M |
|
2067
Polaris
PII
$3.63B
| $6.02M | ﹤0.01% |
61,148
-33,721
| -36% | -$2.92M |
|
|
BERY
2068
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $6M | ﹤0.01% |
180,774
+64,251
| +55% | +$1.87M |
|
|
CS
2069
DELISTED
Credit Suisse Group
CS
| $6M | ﹤0.01% |
424,689
+411,028
| +3,009% | +$6.53M |
|
2070
CME Group
CME
$101B
| $5.99M | ﹤0.01% |
62,310
-86,045
| -58% | -$7.83M |
|
|
TSRO
2071
PUT
DELISTED
TESARO, Inc.
TSRO
| $5.98M | ﹤0.01% |
135,900
+118,800
| +695% | +$4.77M |
|
2072
Wheaton Precious Metals
WPM
$70.9B
| $5.98M | ﹤0.01% |
360,832
-30,500
| -8% | -$442K |
|
|
PSB
2073
DELISTED
PS Business Parks, Inc.
PSB
| $5.97M | ﹤0.01% |
59,447
+21,679
| +57% | +$1.98M |
|
|
CAVM
2074
CALL
DELISTED
Cavium, Inc.
CAVM
| $5.97M | ﹤0.01% |
97,600
+15,500
| +19% | +$895K |
|
2075
CALL
Hain Celestial
HAIN
$69.9M
| $5.95M | ﹤0.01% |
145,400
+29,200
| +25% | +$1.1M |
|
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.