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 | |
|---|---|---|---|---|---|---|
2301
ProShares UltraPro Russell2000
URTY
$337M
| $4.92M | ﹤0.01% |
145,242
+66,402
| +84% | +$1.87M |
|
2302
ProShares Trust Short MSCI Emerging Markets
EUM
$8.12M
| $4.92M | ﹤0.01% |
90,809
+86,240
| +1,888% | +$5.23M |
|
|
IHS
2303
PUT
DELISTED
IHS INC CL-A COM STK
IHS
| $4.92M | ﹤0.01% |
39,600
+36,700
| +1,266% | +$3.91M |
|
2304
PG&E
PCG
$40.1B
| $4.92M | ﹤0.01% |
82,300
-24,345
| -23% | -$1.36M |
|
2305
CALL
Altisource Portfolio Solutions
ASPS
$65M
| $4.91M | ﹤0.01% |
25,413
+11,688
| +85% | +$2.49M |
|
2306
PUT
DexCom
DXCM
$33.6B
| $4.91M | ﹤0.01% |
289,200
+148,000
| +105% | +$2.47M |
|
2307
PUT
J.M. Smucker
SJM
$14B
| $4.91M | ﹤0.01% |
37,800
+30,600
| +425% | +$3.86M |
|
|
PPS
2308
DELISTED
Post Properties
PPS
| $4.9M | ﹤0.01% |
82,067
-37,657
| -31% | -$2.15M |
|
2309
American Water Works
AWK
$27.3B
| $4.9M | ﹤0.01% |
71,096
+15,531
| +28% | +$1.01M |
|
2310
CALL
Dentsply Sirona
XRAY
$2.18B
| $4.89M | ﹤0.01% |
79,300
+8,500
| +12% | +$501K |
|
|
MBT
2311
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $4.89M | ﹤0.01% |
604,052
+521,341
| +630% | +$3.63M |
|
2312
PUT
NCR Voyix
VYX
$1.23B
| $4.88M | ﹤0.01% |
266,016
+56,724
| +27% | +$813K |
|
2313
Vanguard Real Estate ETF
VNQ
$39.1B
| $4.88M | ﹤0.01% |
+58,237
| New | +$4.53M |
|
2314
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$281M
| – | – |
-1
| Closed | -$46.1M |
|
2315
CALL
Nokia
NOK
$58.3B
| $4.87M | ﹤0.01% |
824,500
-603,100
| -42% | -$3.86M |
|
|
EXAM
2316
CALL
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $4.87M | ﹤0.01% |
164,800
+154,400
| +1,485% | +$4.2M |
|
|
CAB
2317
PUT
DELISTED
Cabela's Inc
CAB
| $4.87M | ﹤0.01% |
100,000
+43,800
| +78% | +$1.97M |
|
2318
CALL
Community Health Systems
CYH
$412M
| $4.87M | ﹤0.01% |
318,230
-66,550
| -17% | -$1.02M |
|
|
INFN
2319
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $4.87M | ﹤0.01% |
302,900
-187,700
| -38% | -$2.88M |
|
|
ASB.WS
2320
DELISTED
Associated Banc-Corp Warrants
ASB.WS
| $4.87M | ﹤0.01% |
2,043,908
| – | – |
|
2321
Halliburton
HAL
$28.7B
| $4.86M | ﹤0.01% |
136,115
-1,396,969
| -91% | -$45.6M |
|
2322
CALL
Howard Hughes
HHH
$3.92B
| $4.86M | ﹤0.01% |
48,149
+26,435
| +122% | +$2.43M |
|
2323
CALL
Expeditors International
EXPD
$24.7B
| $4.86M | ﹤0.01% |
99,500
+33,800
| +51% | +$1.55M |
|
2324
CALL
Suburban Propane Partners
SPH
$1.18B
| $4.85M | ﹤0.01% |
162,400
+142,700
| +724% | +$3.75M |
|
2325
PUT
Toll Brothers
TOL
$13.7B
| $4.85M | ﹤0.01% |
164,200
-274,300
| -63% | -$7.67M |
|
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 $9.01B 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.