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 | |
|---|---|---|---|---|---|---|
2276
CALL
Interactive Brokers
IBKR
$44B
| $4.71M | ﹤0.01% |
531,600
+339,200
| +176% | +$3.23M |
|
|
EMES
2277
CALL
DELISTED
Emerge Energy Services LP
EMES
| $4.71M | ﹤0.01% |
408,100
+155,500
| +62% | +$972K |
|
2278
TotalEnergies
TTE
$193B
| $4.7M | ﹤0.01% |
97,739
-19,076
| -16% | -$914K |
|
|
GGP
2279
CALL
DELISTED
GGP Inc.
GGP
| $4.7M | ﹤0.01% |
157,600
-68,200
| -30% | -$1.93M |
|
2280
Enterprise Products Partners
EPD
$84.5B
| $4.69M | ﹤0.01% |
160,392
-205,983
| -56% | -$5.53M |
|
2281
PUT
DexCom
DXCM
$33.6B
| $4.69M | ﹤0.01% |
236,400
-52,800
| -18% | -$899K |
|
2282
BWX Technologies
BWXT
$14B
| $4.68M | ﹤0.01% |
130,972
-4,909
| -4% | -$168K |
|
2283
Cullen/Frost Bankers
CFR
$10.1B
| $4.68M | ﹤0.01% |
73,500
| – | – |
|
|
ZNGA
2284
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $4.67M | ﹤0.01% |
1,877,100
+1,068,000
| +132% | +$2.66M |
|
2285
CALL
Markel Group
MKL
$22.5B
| $4.67M | ﹤0.01% |
4,900
-16,000
| -77% | -$14.9M |
|
2286
PUT
Toll Brothers
TOL
$13.7B
| $4.67M | ﹤0.01% |
173,500
+9,300
| +6% | +$261K |
|
|
PDCO
2287
PUT
DELISTED
Patterson Companies, Inc.
PDCO
| $4.66M | ﹤0.01% |
97,400
+83,300
| +591% | +$3.84M |
|
2288
CALL
Willis Towers Watson
WTW
$31.9B
| $4.66M | ﹤0.01% |
37,500
-26,500
| -41% | -$3.27M |
|
2289
CALL
KeyCorp
KEY
$23.6B
| $4.66M | ﹤0.01% |
421,800
-29,300
| -6% | -$349K |
|
2290
PUT
Invesco CurrencyShares Canadian Dollar Trust
FXC
$66.9M
| $4.66M | ﹤0.01% |
60,800
+30,500
| +101% | +$2.35M |
|
|
MIC
2291
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $4.66M | ﹤0.01% |
62,900
-61,800
| -50% | -$4.36M |
|
2292
CALL
NRG Energy
NRG
$24.4B
| $4.66M | ﹤0.01% |
310,600
-7,300
| -2% | -$108K |
|
|
APOL
2293
CALL
DELISTED
Apollo Education Group Inc Class A
APOL
| $4.65M | ﹤0.01% |
509,900
+183,900
| +56% | +$1.59M |
|
2294
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$351M
| $4.65M | ﹤0.01% |
191,125
-940
| -0.5% | -$22.9K |
|
2295
CALL
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.52B
| $4.64M | ﹤0.01% |
69,900
+63,800
| +1,046% | +$4.27M |
|
2296
Dick's Sporting Goods
DKS
$11.6B
| $4.64M | ﹤0.01% |
102,898
-28,712
| -22% | -$1.25M |
|
2297
CALL
Novavax
NVAX
$1.52B
| $4.64M | ﹤0.01% |
31,885
+18,205
| +133% | +$2.09M |
|
2298
CALL
Ameren
AEE
$29.8B
| $4.63M | ﹤0.01% |
86,500
+41,600
| +93% | +$2.05M |
|
2299
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.52B
| $4.63M | ﹤0.01% |
34,183
-383
| -1% | -$48K |
|
2300
iShares MSCI South Africa ETF
EZA
$595M
| $4.62M | ﹤0.01% |
87,401
+70,645
| +422% | +$3.67M |
|
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.