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 | |
|---|---|---|---|---|---|---|
2051
PUT
ProShares Ultra Russell2000
UWM
$254M
| $5.59M | ﹤0.01% |
277,600
+133,200
| +92% | +$2.61M |
|
2052
CALL
AllianceBernstein
AB
$3.43B
| $5.59M | ﹤0.01% |
239,800
+90,300
| +60% | +$2.1M |
|
2053
Saic
SAIC
$5.39B
| $5.58M | ﹤0.01% |
95,620
+21,270
| +29% | +$1.16M |
|
|
DO
2054
CALL
DELISTED
Diamond Offshore Drilling
DO
| $5.57M | ﹤0.01% |
229,100
-156,000
| -41% | -$3.72M |
|
2055
WEC Energy
WEC
$35B
| $5.57M | ﹤0.01% |
85,300
-100,292
| -54% | -$6.03M |
|
2056
CALL
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $5.56M | ﹤0.01% |
186,000
-182,500
| -50% | -$5.35M |
|
|
ADPT
2057
PUT
DELISTED
Adeptus Health Inc
ADPT
| $5.55M | ﹤0.01% |
107,500
+11,400
| +12% | +$683K |
|
|
WW
2058
PUT
DELISTED
WW International
WW
| $5.55M | ﹤0.01% |
477,100
-558,300
| -54% | -$7.7M |
|
2059
Whirlpool
WHR
$2.62B
| $5.55M | ﹤0.01% |
33,283
+20,677
| +164% | +$3.65M |
|
|
CROC
2060
DELISTED
ProShares UltraShort Australian Dollar
CROC
| $5.54M | ﹤0.01% |
103,625
+20,310
| +24% | +$1.1M |
|
2061
C.H. Robinson
CHRW
$17.7B
| $5.54M | ﹤0.01% |
74,600
-14,181
| -16% | -$1.04M |
|
2062
CALL
Take-Two Interactive
TTWO
$43.7B
| $5.53M | ﹤0.01% |
145,800
+39,400
| +37% | +$1.45M |
|
|
NUAN
2063
CALL
DELISTED
Nuance Communications, Inc.
NUAN
| $5.53M | ﹤0.01% |
408,524
-208,015
| -34% | -$3.09M |
|
|
FRC
2064
DELISTED
First Republic Bank
FRC
| $5.52M | ﹤0.01% |
78,857
+48,211
| +157% | +$3.34M |
|
2065
General Mills
GIS
$21.4B
| $5.51M | ﹤0.01% |
77,199
+10,063
| +15% | +$641K |
|
|
GASL
2066
CALL
DELISTED
Direxion Daily Natural Gas Related Bull 3X Shares
GASL
| $5.51M | ﹤0.01% |
273
+41
| +18% | +$777K |
|
2067
CALL
Expeditors International
EXPD
$24.7B
| $5.5M | ﹤0.01% |
112,200
+12,700
| +13% | +$617K |
|
|
ULTI
2068
CALL
DELISTED
Ultimate Software Group Inc
ULTI
| $5.49M | ﹤0.01% |
26,100
-12,000
| -31% | -$2.38M |
|
|
HA
2069
PUT
DELISTED
Hawaiian Holdings, Inc.
HA
| $5.46M | ﹤0.01% |
143,800
+32,400
| +29% | +$1.37M |
|
2070
CALL
Lamar Advertising Co
LAMR
$15.4B
| $5.46M | ﹤0.01% |
82,300
+66,400
| +418% | +$4.19M |
|
|
2071
PUT
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $5.45M | ﹤0.01% |
182,500
+134,500
| +280% | +$3.94M |
|
2072
PUT
W.P. Carey
WPC
$16.2B
| $5.44M | ﹤0.01% |
80,046
+11,843
| +17% | +$744K |
|
|
STRP
2073
PUT
DELISTED
Straight Path Communications Inc.
STRP
| $5.44M | ﹤0.01% |
196,700
-175,400
| -47% | -$5.8M |
|
2074
CALL
Navient
NAVI
$879M
| $5.44M | ﹤0.01% |
455,400
+171,000
| +60% | +$2.18M |
|
2075
Cracker Barrel
CBRL
$1.31B
| $5.44M | ﹤0.01% |
31,700
| – | – |
|
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.