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 | |
|---|---|---|---|---|---|---|
2151
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| $5.14M | ﹤0.01% |
137,000
+21,400
| +19% | +$834K |
|
2152
PUT
Prothena Corp
PRTA
$475M
| $5.14M | ﹤0.01% |
146,900
+57,400
| +64% | +$2.5M |
|
2153
PUT
Interactive Brokers
IBKR
$44B
| $5.13M | ﹤0.01% |
580,000
-265,200
| -31% | -$2.53M |
|
2154
CALL
SAP
SAP
$244B
| $5.13M | ﹤0.01% |
68,400
+36,700
| +116% | +$2.88M |
|
2155
Energizer
ENR
$1.5B
| $5.13M | ﹤0.01% |
99,615
-6,600
| -6% | -$302K |
|
2156
Pool Corp
POOL
$6.85B
| $5.13M | ﹤0.01% |
54,523
-5,185
| -9% | -$466K |
|
2157
PUT
Take-Two Interactive
TTWO
$43.7B
| $5.12M | ﹤0.01% |
135,100
+51,800
| +62% | +$1.91M |
|
2158
PUT
SolarEdge
SEDG
$2.04B
| $5.1M | ﹤0.01% |
260,300
+120,800
| +87% | +$2.72M |
|
2159
IDEX
IEX
$17.3B
| $5.1M | ﹤0.01% |
62,100
| – | – |
|
2160
PUT
Xerox
XRX
$391M
| $5.1M | ﹤0.01% |
203,867
+4,629
| +2% | +$122K |
|
2161
CALL
Mid-America Apartment Communities
MAA
$15.3B
| $5.1M | ﹤0.01% |
47,900
-11,500
| -19% | -$1.16M |
|
|
BRSL
2162
PUT
Brightstar Lottery PLC
BRSL
$2.1B
| $5.09M | ﹤0.01% |
271,800
+24,700
| +10% | +$448K |
|
|
PTR
2163
PUT
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $5.09M | ﹤0.01% |
75,000
-61,000
| -45% | -$4.19M |
|
2164
PRA Group
PRAA
$732M
| $5.09M | ﹤0.01% |
210,940
+202,434
| +2,380% | +$5.66M |
|
2165
Expeditors International
EXPD
$24.7B
| $5.09M | ﹤0.01% |
103,798
-847
| -0.8% | -$41.1K |
|
|
WWE
2166
PUT
DELISTED
World Wrestling Entertainment
WWE
| $5.09M | ﹤0.01% |
276,400
+134,800
| +95% | +$2.33M |
|
|
VA
2167
PUT
DELISTED
Virgin America Inc.
VA
| $5.09M | ﹤0.01% |
90,500
-63,700
| -41% | -$3.53M |
|
2168
MasTec
MTZ
$20B
| $5.08M | ﹤0.01% |
227,841
-151,056
| -40% | -$3.35M |
|
2169
Norwegian Cruise Line
NCLH
$7.85B
| $5.08M | ﹤0.01% |
127,420
+25,575
| +25% | +$1.22M |
|
|
NS
2170
PUT
DELISTED
NuStar Energy L.P.
NS
| $5.07M | ﹤0.01% |
101,800
+39,200
| +63% | +$1.87M |
|
|
AVB
2171
CALL
DELISTED
AvalonBay Communities
AVB
| $5.07M | ﹤0.01% |
28,100
-31,400
| -53% | -$5.66M |
|
2172
iShares Russell 1000 ETF
IWB
$48.9B
| $5.06M | ﹤0.01% |
43,290
+3,170
| +8% | +$366K |
|
2173
Icahn Enterprises
IEP
$4.84B
| $5.05M | ﹤0.01% |
93,574
+56,314
| +151% | +$3.21M |
|
2174
CALL
CenterPoint Energy
CNP
$26.1B
| $5.05M | ﹤0.01% |
210,400
-184,300
| -47% | -$4.07M |
|
2175
JetBlue
JBLU
$1.88B
| $5.05M | ﹤0.01% |
304,948
-33,469
| -10% | -$622K |
|
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.