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 | |
|---|---|---|---|---|---|---|
2226
Jazz Pharmaceuticals
JAZZ
$16.2B
| $5.26M | ﹤0.01% |
40,260
-91,520
| -69% | -$11.4M |
|
2227
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $5.25M | ﹤0.01% |
50,121
-102,507
| -67% | -$10.2M |
|
2228
PUT
Pentair
PNR
$10B
| $5.24M | ﹤0.01% |
143,837
-329,069
| -70% | -$10.6M |
|
2229
Pool Corp
POOL
$6.85B
| $5.24M | ﹤0.01% |
59,708
-26,924
| -31% | -$2.16M |
|
2230
NGL Energy Partners
NGL
$2.15B
| $5.24M | ﹤0.01% |
696,527
+572,158
| +460% | +$5.18M |
|
2231
PUT
Universal Health Services
UHS
$10.5B
| $5.24M | ﹤0.01% |
42,000
-29,400
| -41% | -$3.31M |
|
2232
CALL
Principal Financial Group
PFG
$24B
| $5.24M | ﹤0.01% |
132,700
+49,100
| +59% | +$1.89M |
|
|
XLNX
2233
DELISTED
Xilinx Inc
XLNX
| $5.23M | ﹤0.01% |
110,208
-1,003,530
| -90% | -$47.1M |
|
|
WRK
2234
CALL
DELISTED
WestRock Company
WRK
| $5.22M | ﹤0.01% |
148,505
+118,760
| +399% | +$3.87M |
|
|
NBL
2235
DELISTED
Noble Energy, Inc.
NBL
| $5.22M | ﹤0.01% |
166,240
-103,020
| -38% | -$3.15M |
|
2236
PUT
U-Haul Holding Co
UHAL
$13.4B
| $5.22M | ﹤0.01% |
146,000
+79,000
| +118% | +$2.75M |
|
2237
Old Republic International
ORI
$10.2B
| $5.21M | ﹤0.01% |
284,890
-45,490
| -14% | -$820K |
|
|
CRR
2238
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $5.2M | ﹤0.01% |
366,100
-310,300
| -46% | -$5.36M |
|
2239
CALL
Roper Technologies
ROP
$40.9B
| $5.19M | ﹤0.01% |
28,400
+14,800
| +109% | +$2.55M |
|
|
USG
2240
PUT
DELISTED
Usg
USG
| $5.18M | ﹤0.01% |
208,700
-50,800
| -20% | -$1.06M |
|
2241
PUT
Carter's
CRI
$1.26B
| $5.17M | ﹤0.01% |
49,100
+14,400
| +41% | +$1.38M |
|
2242
PUT
Murphy Oil
MUR
$4.97B
| $5.17M | ﹤0.01% |
205,100
+84,000
| +69% | +$1.68M |
|
2243
CALL
SFL Corp
SFL
$1.6B
| $5.16M | ﹤0.01% |
371,300
+174,800
| +89% | +$2.35M |
|
2244
CALL
ProShares Ultra Energy
DIG
$80.2M
| $5.15M | ﹤0.01% |
133,280
-1,600
| -1% | -$54.7K |
|
2245
Zimmer Biomet
ZBH
$19.3B
| $5.15M | ﹤0.01% |
49,750
-26,552
| -35% | -$2.57M |
|
2246
PUT
AGNC Investment
AGNC
$12.8B
| $5.15M | ﹤0.01% |
276,300
-158,800
| -36% | -$2.82M |
|
2247
IDEX
IEX
$17.3B
| $5.15M | ﹤0.01% |
62,100
-1,047
| -2% | -$78.5K |
|
2248
PUT
Waters Corp
WAT
$40.7B
| $5.14M | ﹤0.01% |
39,000
-1,900
| -5% | -$237K |
|
2249
CALL
Pinnacle West Capital
PNW
$12B
| $5.14M | ﹤0.01% |
68,500
+65,000
| +1,857% | +$4.44M |
|
2250
Bankunited
BKU
$3.31B
| $5.14M | ﹤0.01% |
149,146
-10,879
| -7% | -$364K |
|
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.