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 | |
|---|---|---|---|---|---|---|
2426
iShares Select Dividend ETF
DVY
$23.8B
| $4.5M | ﹤0.01% |
55,060
+44,967
| +446% | +$3.43M |
|
2427
Oceaneering
OII
$4.9B
| $4.49M | ﹤0.01% |
135,100
+53,824
| +66% | +$1.68M |
|
2428
Buckle
BKE
$2.22B
| $4.48M | ﹤0.01% |
132,228
+74,430
| +129% | +$2.26M |
|
|
CAB
2429
CALL
DELISTED
Cabela's Inc
CAB
| $4.47M | ﹤0.01% |
91,800
-22,500
| -20% | -$1.01M |
|
|
SPWR
2430
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.46M | ﹤0.01% |
305,090
+31,598
| +12% | +$491K |
|
|
WFT
2431
CALL
DELISTED
Weatherford International plc
WFT
| $4.45M | ﹤0.01% |
572,200
-104,600
| -15% | -$706K |
|
2432
PUT
Hewlett Packard
HPE
$72.3B
| $4.45M | ﹤0.01% |
431,860
-1,243,791
| -74% | -$10.4M |
|
2433
CALL
Williams-Sonoma
WSM
$28.7B
| $4.45M | ﹤0.01% |
162,400
-294,000
| -64% | -$7.98M |
|
2434
PUT
Raymond James Financial
RJF
$33.8B
| $4.44M | ﹤0.01% |
139,950
+90,150
| +181% | +$2.77M |
|
|
LUMO
2435
CALL
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $4.44M | ﹤0.01% |
27,089
-42,967
| -61% | -$8.71M |
|
2436
CALL
Edison International
EIX
$28.2B
| $4.44M | ﹤0.01% |
61,700
| – | – |
|
|
SNI
2437
PUT
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $4.43M | ﹤0.01% |
67,700
+13,700
| +25% | +$815K |
|
|
K
2438
PUT
DELISTED
Kellanova
K
| $4.43M | ﹤0.01% |
61,664
-19,809
| -24% | -$1.37M |
|
2439
CALL
U-Haul Holding Co
UHAL
$13.3B
| $4.43M | ﹤0.01% |
124,000
-37,000
| -23% | -$1.29M |
|
|
CY
2440
DELISTED
Cypress Semiconductor
CY
| $4.43M | ﹤0.01% |
511,645
-457,367
| -47% | -$3.69M |
|
|
HAR
2441
DELISTED
Harman International Industries
HAR
| $4.42M | ﹤0.01% |
49,699
+18,935
| +62% | +$1.5M |
|
2442
Encompass Health
EHC
$11.8B
| $4.42M | ﹤0.01% |
147,794
+99,207
| +204% | +$2.74M |
|
|
SLY
2443
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $4.42M | ﹤0.01% |
87,430
+49,666
| +132% | +$2.33M |
|
2444
Apollo Global Management
APO
$78.9B
| $4.42M | ﹤0.01% |
+258,009
| New | +$3.87M |
|
|
COL
2445
CALL
DELISTED
Rockwell Collins
COL
| $4.42M | ﹤0.01% |
47,900
-8,800
| -16% | -$763K |
|
2446
CALL
Icon
ICLR
$13.2B
| $4.42M | ﹤0.01% |
58,800
-28,000
| -32% | -$1.96M |
|
|
JUNO
2447
DELISTED
Juno Therapeutics, Inc.
JUNO
| $4.41M | ﹤0.01% |
115,896
-6,363
| -5% | -$222K |
|
2448
PUT
KLA
KLAC
$239B
| $4.41M | ﹤0.01% |
606,000
-2,473,000
| -80% | -$16.6M |
|
2449
Deckers Outdoor
DECK
$12B
| $4.41M | ﹤0.01% |
441,804
-272,490
| -38% | -$2.36M |
|
|
IM
2450
PUT
DELISTED
Ingram Micro
IM
| $4.41M | ﹤0.01% |
122,800
+116,000
| +1,706% | +$3.71M |
|
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.