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 | |
|---|---|---|---|---|---|---|
|
CY
2076
CALL
DELISTED
Cypress Semiconductor
CY
| $5.43M | ﹤0.01% |
515,100
+254,200
| +97% | +$2.42M |
|
2077
Mercado Libre
MELI
$99.4B
| $5.43M | ﹤0.01% |
38,600
-24,287
| -39% | -$3.15M |
|
2078
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$67M
| $5.43M | ﹤0.01% |
70,800
+5,000
| +8% | +$385K |
|
2079
Radware
RDWR
$1.2B
| $5.42M | ﹤0.01% |
481,554
+228,537
| +90% | +$2.57M |
|
2080
Blackrock
BLK
$182B
| $5.41M | ﹤0.01% |
15,800
-3,754
| -19% | -$1.32M |
|
2081
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.8B
| $5.4M | ﹤0.01% |
52,997
+21,694
| +69% | +$2.19M |
|
2082
iShares Asia 50 ETF
AIA
$5.17B
| $5.4M | ﹤0.01% |
120,862
+71,844
| +147% | +$3.08M |
|
|
VA
2083
DELISTED
Virgin America Inc.
VA
| $5.39M | ﹤0.01% |
95,879
+28,663
| +43% | +$1.59M |
|
|
HOT
2084
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $5.38M | ﹤0.01% |
72,799
-206,406
| -74% | -$15.9M |
|
2085
CALL
Globalstar
GSAT
$10.6B
| $5.38M | ﹤0.01% |
296,513
+201,166
| +211% | +$5.35M |
|
|
CZZ
2086
DELISTED
Cosan Limited
CZZ
| $5.38M | ﹤0.01% |
826,701
-313,821
| -28% | -$1.73M |
|
2087
CALL
Tractor Supply
TSCO
$18.3B
| $5.38M | ﹤0.01% |
295,000
-72,500
| -20% | -$1.35M |
|
2088
Vanguard Energy ETF
VDE
$10.7B
| $5.37M | ﹤0.01% |
56,502
+12,987
| +30% | +$1.19M |
|
2089
CALL
Carlyle Group
CG
$17.5B
| $5.36M | ﹤0.01% |
330,400
+151,700
| +85% | +$2.49M |
|
2090
CALL
Lennox International
LII
$13.7B
| $5.36M | ﹤0.01% |
37,600
+14,300
| +61% | +$1.97M |
|
2091
Ashland
ASH
$3.4B
| $5.36M | ﹤0.01% |
95,471
-95,629
| -50% | -$5.29M |
|
2092
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $5.36M | ﹤0.01% |
42,100
-12,400
| -23% | -$1.56M |
|
2093
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$171M
| $5.36M | ﹤0.01% |
103,900
-70,300
| -40% | -$3.42M |
|
2094
PUT
Strategy Inc
MSTR
$49.2B
| $5.36M | ﹤0.01% |
306,000
+130,000
| +74% | +$2.39M |
|
|
AXLL
2095
PUT
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $5.36M | ﹤0.01% |
164,200
+140,400
| +590% | +$3.56M |
|
2096
PUT
iShare MSCI Eurozone ETF
EZU
$9.95B
| $5.35M | ﹤0.01% |
165,900
+151,400
| +1,044% | +$5.18M |
|
|
WLL
2097
DELISTED
Whiting Petroleum Corporation
WLL
| $5.35M | ﹤0.01% |
1,927
-2,108
| -52% | -$6.97M |
|
2098
CALL
ProShares UltraPro Short S&P 500
SPXU
$390M
| $5.35M | ﹤0.01% |
510
+413
| +426% | +$4.61M |
|
|
TLRD
2099
CALL
DELISTED
Tailored Brands, Inc.
TLRD
| $5.35M | ﹤0.01% |
422,400
+11,100
| +3% | +$164K |
|
|
ETFC
2100
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $5.34M | ﹤0.01% |
227,300
-157,400
| -41% | -$3.99M |
|
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.