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 | |
|---|---|---|---|---|---|---|
2376
Allegiant Air
ALGT
$2.26B
| $4.66M | ﹤0.01% |
26,164
-22,379
| -46% | -$3.65M |
|
2377
PUT
Frontline
FRO
$9.17B
| $4.66M | ﹤0.01% |
556,100
+469,240
| +540% | +$4.53M |
|
2378
CALL
Enbridge
ENB
$110B
| $4.65M | ﹤0.01% |
119,600
-12,300
| -9% | -$420K |
|
2379
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$351M
| $4.65M | ﹤0.01% |
192,065
+71,440
| +59% | +$1.64M |
|
2380
CALL
Prologis
PLD
$136B
| $4.65M | ﹤0.01% |
105,200
-9,900
| -9% | -$397K |
|
2381
iShares S&P 500 Growth ETF
IVW
$76B
| $4.65M | ﹤0.01% |
160,404
-90,456
| -36% | -$2.49M |
|
2382
UnitedHealth
UNH
$360B
| $4.64M | ﹤0.01% |
35,998
-336,261
| -90% | -$39.8M |
|
2383
CALL
Xcel Energy
XEL
$48.5B
| $4.64M | ﹤0.01% |
110,900
+29,700
| +37% | +$1.16M |
|
|
MMP
2384
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $4.64M | ﹤0.01% |
67,402
+10,669
| +19% | +$698K |
|
2385
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.37B
| $4.63M | ﹤0.01% |
+95,972
| New | +$4.4M |
|
2386
PUT
Marvell Technology
MRVL
$220B
| $4.63M | ﹤0.01% |
449,300
-306,900
| -41% | -$2.83M |
|
2387
CALL
iShares US Healthcare ETF
IYH
$3.8B
| $4.62M | ﹤0.01% |
164,500
+139,000
| +545% | +$3.85M |
|
|
SONC
2388
DELISTED
Sonic Corp
SONC
| $4.62M | ﹤0.01% |
131,300
-68,979
| -34% | -$2.06M |
|
2389
PUT
Cintas
CTAS
$82.3B
| $4.62M | ﹤0.01% |
205,600
-73,600
| -26% | -$1.58M |
|
2390
Vanguard Morningstar Mid-Cap ETF
VO
$110B
| $4.62M | ﹤0.01% |
+152,296
| New | +$4.31M |
|
2391
PUT
Lands' End
LE
$374M
| $4.61M | ﹤0.01% |
180,700
-21,700
| -11% | -$509K |
|
2392
CALL
Teradata
TDC
$2.52B
| $4.61M | ﹤0.01% |
175,600
-496,900
| -74% | -$12.3M |
|
|
LL
2393
CALL
DELISTED
LL Flooring Holdings, Inc.
LL
| $4.61M | ﹤0.01% |
351,100
-367,000
| -51% | -$4.62M |
|
2394
PUT
Textron
TXT
$14.3B
| $4.61M | ﹤0.01% |
126,300
+51,800
| +70% | +$1.82M |
|
|
ZOES
2395
PUT
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $4.6M | ﹤0.01% |
118,000
-124,000
| -51% | -$3.9M |
|
2396
Emerson Electric
EMR
$88.3B
| $4.6M | ﹤0.01% |
84,547
-22,190
| -21% | -$1.07M |
|
|
AMJ
2397
PUT
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $4.59M | ﹤0.01% |
169,600
+9,800
| +6% | +$247K |
|
2398
Lennox International
LII
$13.6B
| $4.59M | ﹤0.01% |
33,959
-4,882
| -13% | -$604K |
|
2399
Newell Brands
NWL
$2.54B
| $4.59M | ﹤0.01% |
103,641
+64,013
| +162% | +$2.51M |
|
|
NBL
2400
PUT
DELISTED
Noble Energy, Inc.
NBL
| $4.58M | ﹤0.01% |
145,900
-104,700
| -42% | -$3.2M |
|
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.