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 | |
|---|---|---|---|---|---|---|
|
VA
2076
PUT
DELISTED
Virgin America Inc.
VA
| $5.95M | ﹤0.01% |
154,200
+106,400
| +223% | +$3.31M |
|
|
PF
2077
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $5.94M | ﹤0.01% |
133,000
+114,400
| +615% | +$4.93M |
|
2078
PUT
Bank of Montreal
BMO
$121B
| $5.93M | ﹤0.01% |
97,800
+66,800
| +215% | +$3.66M |
|
2079
Conagra Brands
CAG
$7.77B
| $5.93M | ﹤0.01% |
170,796
-142,188
| -45% | -$4.61M |
|
|
GNC
2080
CALL
DELISTED
GNC Holdings, Inc.
GNC
| $5.93M | ﹤0.01% |
186,800
-130,200
| -41% | -$3.73M |
|
|
CORE
2081
PUT
DELISTED
Core Mark Holding Co., Inc.
CORE
| $5.93M | ﹤0.01% |
145,400
+116,400
| +401% | +$4.47M |
|
|
WPZ
2082
CALL
DELISTED
Williams Partners L.P.
WPZ
| $5.93M | ﹤0.01% |
289,800
+67,400
| +30% | +$1.32M |
|
2083
PBF Energy
PBF
$8.27B
| $5.92M | ﹤0.01% |
178,460
-137,342
| -43% | -$4.39M |
|
2084
Markel Group
MKL
$22.5B
| $5.92M | ﹤0.01% |
6,640
+5,364
| +420% | +$4.61M |
|
|
RAX
2085
PUT
DELISTED
Rackspace Hosting Inc
RAX
| $5.91M | ﹤0.01% |
273,800
+69,700
| +34% | +$1.42M |
|
2086
PUT
Direxion Daily Energy Bear 2X ETF
ERY
$40M
| $5.91M | ﹤0.01% |
5,360
-990
| -16% | -$1.49M |
|
2087
PUT
Toronto Dominion Bank
TD
$197B
| $5.9M | ﹤0.01% |
136,700
-4,900
| -3% | -$189K |
|
2088
CALL
Groupon
GRPN
$775M
| $5.89M | ﹤0.01% |
73,770
+46,775
| +173% | +$3.23M |
|
|
ENDP
2089
DELISTED
Endo International plc
ENDP
| $5.88M | ﹤0.01% |
209,013
+153,077
| +274% | +$7.23M |
|
2090
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$59M
| $5.88M | ﹤0.01% |
55
+17
| +45% | +$2.18M |
|
2091
Vanguard Russell 3000 ETF
VTHR
$4.81B
| $5.88M | ﹤0.01% |
62,600
+19,125
| +44% | +$1.7M |
|
2092
PUT
Verisk Analytics
VRSK
$24.5B
| $5.87M | ﹤0.01% |
73,500
+55,700
| +313% | +$4.07M |
|
2093
Cheesecake Factory
CAKE
$5.74B
| $5.87M | ﹤0.01% |
110,603
-3,707
| -3% | -$183K |
|
2094
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.9B
| $5.87M | ﹤0.01% |
+144,264
| New | +$5.51M |
|
|
ADPT
2095
CALL
DELISTED
Adeptus Health Inc
ADPT
| $5.87M | ﹤0.01% |
105,600
+56,600
| +116% | +$2.93M |
|
2096
CALL
Vishay Intertechnology
VSH
$4.7B
| $5.86M | ﹤0.01% |
480,200
+271,000
| +130% | +$3.11M |
|
2097
PUT
Xerox
XRX
$391M
| $5.86M | ﹤0.01% |
199,238
-255,707
| -56% | -$6.59M |
|
|
TIVO
2098
CALL
DELISTED
Tivo Inc
TIVO
| $5.85M | ﹤0.01% |
285,300
+179,400
| +169% | +$3.57M |
|
|
EQM
2099
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $5.85M | ﹤0.01% |
78,600
-4,400
| -5% | -$309K |
|
2100
CALL
Factset
FDS
$10.5B
| $5.85M | ﹤0.01% |
38,600
-9,300
| -19% | -$1.39M |
|
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.