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 | |
|---|---|---|---|---|---|---|
|
GPOR
2426
CALL
DELISTED
Gulfport Energy Corp.
GPOR
| $4.2M | ﹤0.01% |
134,200
-21,000
| -14% | -$636K |
|
2427
PUT
ProShares UltraShort Yen
YCS
$30.1M
| $4.19M | ﹤0.01% |
264,000
-102,800
| -28% | -$1.8M |
|
2428
CALL
Healthpeak Properties
DOC
$14.9B
| $4.19M | ﹤0.01% |
130,003
+38,869
| +43% | +$1.21M |
|
|
NGD
2429
DELISTED
New Gold Inc
NGD
| $4.19M | ﹤0.01% |
955,911
+53,903
| +6% | +$227K |
|
2430
PUT
Nabors Industries
NBR
$1.29B
| $4.18M | ﹤0.01% |
8,322
+5,624
| +208% | +$2.66M |
|
2431
CALL
Terex
TEX
$7.47B
| $4.18M | ﹤0.01% |
205,900
-165,500
| -45% | -$3.79M |
|
|
IBDB
2432
DELISTED
iShares iBonds Mar 2018 Term Corporate ETF
IBDB
| $4.18M | ﹤0.01% |
+162,460
| New | +$4.18M |
|
2433
CALL
Cintas
CTAS
$82.3B
| $4.18M | ﹤0.01% |
170,400
+106,000
| +165% | +$2.44M |
|
2434
PUT
Logitech
LOGI
$14.3B
| $4.18M | ﹤0.01% |
256,700
+74,600
| +41% | +$1.16M |
|
2435
East-West Bancorp
EWBC
$17.9B
| $4.17M | ﹤0.01% |
122,161
-7,006
| -5% | -$253K |
|
2436
Itaú Unibanco
ITUB
$83.9B
| $4.17M | ﹤0.01% |
1,001,740
+504,117
| +101% | +$1.94M |
|
2437
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.7B
| $4.17M | ﹤0.01% |
+135,194
| New | +$4.13M |
|
|
SEP
2438
CALL
DELISTED
Spectra Engy Parters Lp
SEP
| $4.17M | ﹤0.01% |
88,300
+24,300
| +38% | +$1.14M |
|
|
RAX
2439
PUT
DELISTED
Rackspace Hosting Inc
RAX
| $4.16M | ﹤0.01% |
199,500
-74,300
| -27% | -$1.74M |
|
2440
RH
RH
$2.81B
| $4.16M | ﹤0.01% |
145,042
-141,091
| -49% | -$5.05M |
|
|
SBNY
2441
CALL
DELISTED
Signature Bank
SBNY
| $4.16M | ﹤0.01% |
33,300
+4,600
| +16% | +$615K |
|
2442
CALL
Frontline
FRO
$9.17B
| $4.16M | ﹤0.01% |
528,200
+275,100
| +109% | +$2.26M |
|
2443
CALL
Brunswick
BC
$5.16B
| $4.16M | ﹤0.01% |
91,700
+9,600
| +12% | +$455K |
|
2444
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.86B
| $4.16M | ﹤0.01% |
+82,836
| New | +$4.09M |
|
2445
ScottsMiracle-Gro
SMG
$3.57B
| $4.15M | ﹤0.01% |
59,411
-14,500
| -20% | -$1.01M |
|
|
LXK
2446
CALL
DELISTED
Lexmark Intl Inc
LXK
| $4.15M | ﹤0.01% |
110,000
-84,300
| -43% | -$3.11M |
|
2447
CALL
Banco Bradesco
BBD
$34.5B
| $4.15M | ﹤0.01% |
1,026,631
+365,017
| +55% | +$1.34M |
|
2448
Toro Company
TTC
$9.56B
| $4.14M | ﹤0.01% |
93,800
-6,800
| -7% | -$297K |
|
2449
PUT
Fortinet
FTNT
$116B
| $4.13M | ﹤0.01% |
654,000
+86,500
| +15% | +$560K |
|
2450
CALL
Insulet
PODD
$9.94B
| $4.13M | ﹤0.01% |
136,600
-83,700
| -38% | -$2.6M |
|
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 withdrew a net $15.2B in Q2 2016, closing 1,718 positions and reducing 3,507 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $700M position sold in full.
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.
Against the trend, Jeff Yass opened a new position in Vanguard Long-Term Bond ETF worth $47.5M.
- 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.