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 | |
|---|---|---|---|---|---|---|
|
STJ
2251
PUT
DELISTED
St Jude Medical
STJ
| $5.13M | ﹤0.01% |
93,300
-97,500
| -51% | -$5.31M |
|
2252
PUT
Public Storage
PSA
$59.3B
| $5.13M | ﹤0.01% |
18,600
+300
| +2% | +$75.7K |
|
2253
iShares US Aerospace & Defense ETF
ITA
$14.2B
| $5.12M | ﹤0.01% |
87,662
+22,544
| +35% | +$1.26M |
|
2254
Vanguard Health Care ETF
VHT
$19.6B
| $5.12M | ﹤0.01% |
+41,532
| New | +$5.05M |
|
2255
CALL
Burlington
BURL
$19.8B
| $5.12M | ﹤0.01% |
91,000
-1,700
| -2% | -$88.8K |
|
2256
PUT
Lam Research
LRCX
$392B
| $5.11M | ﹤0.01% |
619,000
-3,134,000
| -84% | -$22.8M |
|
2257
Expeditors International
EXPD
$24.7B
| $5.11M | ﹤0.01% |
104,645
-148,532
| -59% | -$6.81M |
|
2258
Navient
NAVI
$879M
| $5.1M | ﹤0.01% |
426,354
-64,189
| -13% | -$668K |
|
|
XVZ
2259
DELISTED
iPath S&P 500 Dynamic VIX ETN
XVZ
| $5.1M | ﹤0.01% |
193,156
-382
| -0.2% | -$10.3K |
|
2260
Automatic Data Processing
ADP
$112B
| $5.1M | ﹤0.01% |
56,847
-52,482
| -48% | -$4.4M |
|
2261
CALL
Celanese
CE
$4.91B
| $5.1M | ﹤0.01% |
77,800
-85,200
| -52% | -$5.29M |
|
2262
TransDigm Group
TDG
$66.7B
| $5.09M | ﹤0.01% |
+23,125
| New | +$5.05M |
|
2263
VanEck IG Floating Rate ETF
FLTR
$3.08B
| $5.09M | ﹤0.01% |
206,036
+153,590
| +293% | +$3.77M |
|
2264
Occidental Petroleum
OXY
$58.6B
| $5.09M | ﹤0.01% |
74,340
-127,629
| -63% | -$8.56M |
|
2265
CALL
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $5.08M | ﹤0.01% |
167,400
+145,600
| +668% | +$4.32M |
|
2266
Marvell Technology
MRVL
$220B
| $5.07M | ﹤0.01% |
491,610
-53,176
| -10% | -$490K |
|
|
2267
Celanese
CE
$4.91B
| $5.07M | ﹤0.01% |
77,364
+64,664
| +509% | +$4.01M |
|
|
WP
2268
DELISTED
Worldpay, Inc.
WP
| $5.06M | ﹤0.01% |
93,887
+75,880
| +421% | +$3.71M |
|
|
PX
2269
PUT
DELISTED
Praxair Inc
PX
| $5.06M | ﹤0.01% |
44,200
-3,600
| -8% | -$376K |
|
|
LOCK
2270
PUT
DELISTED
LifeLock, Inc.
LOCK
| $5.05M | ﹤0.01% |
418,600
-228,500
| -35% | -$2.7M |
|
2271
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.48B
| $5.05M | ﹤0.01% |
21,617
-11,536
| -35% | -$2.05M |
|
2272
Alliant Energy
LNT
$17.9B
| $5.05M | ﹤0.01% |
135,960
+107,072
| +371% | +$3.61M |
|
2273
PUT
iShares MSCI Taiwan ETF
EWT
$11.5B
| $5.05M | ﹤0.01% |
180,500
-152,850
| -46% | -$3.88M |
|
2274
PUT
EPR Properties
EPR
$4.6B
| $5.04M | ﹤0.01% |
75,700
+23,500
| +45% | +$1.43M |
|
|
NRF
2275
CALL
DELISTED
NorthStar Realty Finance Corp.
NRF
| $5.03M | ﹤0.01% |
383,600
-543,000
| -59% | -$6.66M |
|
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.