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 | |
|---|---|---|---|---|---|---|
2201
CALL
Stratasys
SSYS
$694M
| $4.96M | ﹤0.01% |
216,600
-368,900
| -63% | -$8.63M |
|
2202
CALL
Urban Outfitters
URBN
$7.1B
| $4.95M | ﹤0.01% |
180,000
-43,600
| -19% | -$1.25M |
|
|
AMJ
2203
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $4.94M | ﹤0.01% |
155,262
-107,831
| -41% | -$3.21M |
|
|
RUSL
2204
PUT
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $4.93M | ﹤0.01% |
168,200
+34,400
| +26% | +$1,000K |
|
|
ARIA
2205
CALL
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $4.93M | ﹤0.01% |
667,200
+369,200
| +124% | +$2.77M |
|
|
FXS
2206
DELISTED
Invesco CurrencyShares Swedish Krona Trust
FXS
| $4.92M | ﹤0.01% |
42,809
+17,157
| +67% | +$2.04M |
|
2207
CALL
BCE
BCE
$21.9B
| $4.92M | ﹤0.01% |
104,000
-38,800
| -27% | -$1.8M |
|
2208
Devon Energy
DVN
$51.5B
| $4.92M | ﹤0.01% |
135,728
-1,162,149
| -90% | -$39.4M |
|
2209
Old Republic International
ORI
$10.2B
| $4.91M | ﹤0.01% |
254,690
-30,200
| -11% | -$564K |
|
2210
Vanguard Health Care ETF
VHT
$19.6B
| $4.91M | ﹤0.01% |
37,631
-3,901
| -9% | -$500K |
|
2211
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.88B
| $4.9M | ﹤0.01% |
89,633
+85,427
| +2,031% | +$4.57M |
|
2212
PUT
Pan American Silver
PAAS
$21.8B
| $4.9M | ﹤0.01% |
297,900
+130,200
| +78% | +$1.86M |
|
2213
Trane Technologies
TT
$102B
| $4.9M | ﹤0.01% |
76,900
-31,659
| -29% | -$2.04M |
|
|
CRZO
2214
CALL
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $4.89M | ﹤0.01% |
136,500
-2,100
| -2% | -$75K |
|
2215
PUT
Protolabs
PRLB
$1.89B
| $4.89M | ﹤0.01% |
85,000
+5,100
| +6% | +$340K |
|
2216
LG Display
LPL
$3.34B
| $4.89M | ﹤0.01% |
422,014
-9,920
| -2% | -$107K |
|
2217
CALL
United Natural Foods
UNFI
$2.9B
| $4.89M | ﹤0.01% |
104,500
-54,900
| -34% | -$2.11M |
|
2218
CALL
Travere Therapeutics
TVTX
$6.33B
| $4.88M | ﹤0.01% |
274,100
+79,500
| +41% | +$1.29M |
|
2219
Genworth Financial
GNW
$3.74B
| $4.87M | ﹤0.01% |
1,889,190
-659,742
| -26% | -$2.13M |
|
|
WNR
2220
DELISTED
Western Refining Inc
WNR
| $4.87M | ﹤0.01% |
236,143
-57,915
| -20% | -$1.36M |
|
|
BMS
2221
DELISTED
Bemis
BMS
| $4.87M | ﹤0.01% |
94,600
-57,851
| -38% | -$2.92M |
|
2222
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.4B
| $4.87M | ﹤0.01% |
194,876
+158,709
| +439% | +$4.07M |
|
2223
CALL
Hormel Foods
HRL
$13B
| $4.87M | ﹤0.01% |
133,000
-27,500
| -17% | -$1.03M |
|
2224
PUT
Gold Fields
GFI
$42.6B
| $4.86M | ﹤0.01% |
992,200
+490,700
| +98% | +$2.04M |
|
|
GRA
2225
PUT
DELISTED
W.R. Grace & Co.
GRA
| $4.86M | ﹤0.01% |
66,400
+19,800
| +42% | +$1.51M |
|
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.