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 | Miscellaneous | 89.8% |
| 2 | Financials | 1.95% |
| 3 | Technology | 1.63% |
| 4 | Consumer Discretionary | 1.42% |
| 5 | Communication Services | 1.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GGP
2401
DELISTED
GGP Inc.
GGP
| $4.58M | ﹤0.01% |
154,040
-197,995
| -56% | -$5.44M |
|
2402
CALL
ProShares UltraShort NASDAQ Biotechnology
BIS
$1.77M
| $4.58M | ﹤0.01% |
13,138
-1,625
| -11% | -$565K |
|
2403
iShares Russell 1000 ETF
IWB
$49.2B
| $4.58M | ﹤0.01% |
40,120
-28,094
| -41% | -$3.04M |
|
2404
RLI Corp
RLI
$5.92B
| $4.58M | ﹤0.01% |
136,886
+44,160
| +48% | +$1.39M |
|
2405
Vanguard Russell 2000 Value ETF
VTWV
$1.36B
| $4.57M | ﹤0.01% |
+56,580
| New | +$4.25M |
|
|
SAFE
2406
CALL
Safehold
SAFE
$1.09B
| $4.56M | ﹤0.01% |
97,050
+79,444
| +451% | +$3.65M |
|
|
TIVO
2407
PUT
DELISTED
Tivo Inc
TIVO
| $4.56M | ﹤0.01% |
222,400
+172,000
| +341% | +$3.42M |
|
2408
BWX Technologies
BWXT
$14.2B
| $4.56M | ﹤0.01% |
135,881
+60,120
| +79% | +$1.86M |
|
2409
PUT
Ultragenyx Pharmaceutical
RARE
$2.56B
| $4.56M | ﹤0.01% |
72,000
+25,800
| +56% | +$1.69M |
|
|
HPY
2410
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $4.56M | ﹤0.01% |
47,196
-9,858
| -17% | -$908K |
|
2411
iShares Morningstar Small-Cap Growth ETF
ISCG
$1.01B
| $4.56M | ﹤0.01% |
+212,808
| New | +$4.26M |
|
|
SIX
2412
PUT
DELISTED
Six Flags Entertainment Corp.
SIX
| $4.55M | ﹤0.01% |
82,000
+57,500
| +235% | +$2.96M |
|
2413
iShares MSCI Mexico ETF
EWW
$1.8B
| $4.55M | ﹤0.01% |
84,711
+5,351
| +7% | +$260K |
|
|
DF
2414
DELISTED
Dean Foods Company
DF
| $4.53M | ﹤0.01% |
261,327
+251,276
| +2,500% | +$4.75M |
|
2415
PUT
OSI Systems
OSIS
$3.34B
| $4.53M | ﹤0.01% |
69,100
+4,900
| +8% | +$324K |
|
2416
Medtronic
MDT
$117B
| $4.52M | ﹤0.01% |
60,222
-15,557
| -21% | -$1.17M |
|
2417
PUT
Children's Place
PLCE
$58.3M
| $4.52M | ﹤0.01% |
54,100
+18,900
| +54% | +$1.28M |
|
2418
Sysco
SYY
$39.7B
| $4.51M | ﹤0.01% |
96,605
+7,809
| +9% | +$337K |
|
2419
PUT
Essex Property Trust
ESS
$18.2B
| $4.51M | ﹤0.01% |
19,300
+13,900
| +257% | +$3.05M |
|
|
BRSL
2420
PUT
Brightstar Lottery PLC
BRSL
$2.06B
| $4.51M | ﹤0.01% |
247,100
-429,100
| -63% | -$6.53M |
|
2421
Republic Services
RSG
$67.3B
| $4.51M | ﹤0.01% |
94,568
-4,534
| -5% | -$206K |
|
2422
Vertex Pharmaceuticals
VRTX
$139B
| $4.5M | ﹤0.01% |
56,659
-4,871
| -8% | -$441K |
|
2423
Acuity Brands
AYI
$10.2B
| $4.5M | ﹤0.01% |
20,638
-4,110
| -17% | -$848K |
|
2424
Healthcare Services Group
HCSG
$1.56B
| $4.5M | ﹤0.01% |
122,318
-27,208
| -18% | -$945K |
|
|
XYZ
2425
CALL
Block Inc
XYZ
$51.8B
| $4.5M | ﹤0.01% |
294,500
+181,500
| +161% | +$1.97M |
|
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 Miscellaneous at 90% of assets, up from 87% a quarter earlier, followed by Financials and Technology.
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.