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 | |
|---|---|---|---|---|---|---|
|
PTR
2451
CALL
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $4.41M | ﹤0.01% |
66,500
+16,500
| +33% | +$1.04M |
|
2452
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $4.41M | ﹤0.01% |
173,922
+101,694
| +141% | +$2.44M |
|
2453
CALL
Watsco Inc
WSO
$12.7B
| $4.41M | ﹤0.01% |
32,700
+5,200
| +19% | +$631K |
|
|
SRCL
2454
CALL
DELISTED
Stericycle Inc
SRCL
| $4.4M | ﹤0.01% |
34,900
-9,200
| -21% | -$1.07M |
|
|
GPOR
2455
CALL
DELISTED
Gulfport Energy Corp.
GPOR
| $4.4M | ﹤0.01% |
155,200
-35,000
| -18% | -$924K |
|
2456
Cincinnati Financial
CINF
$26.2B
| $4.39M | ﹤0.01% |
67,238
-6,410
| -9% | -$390K |
|
|
CVG
2457
DELISTED
Convergys
CVG
| $4.38M | ﹤0.01% |
157,854
-89,190
| -36% | -$2.23M |
|
|
AMU
2458
DELISTED
ETRACS Alerian MLP Index ETN
AMU
| $4.38M | ﹤0.01% |
257,086
+186,766
| +266% | +$2.96M |
|
|
INVN
2459
CALL
DELISTED
Invensense Inc
INVN
| $4.37M | ﹤0.01% |
519,800
+132,100
| +34% | +$1.05M |
|
2460
PUT
Maximus
MMS
$3.14B
| $4.36M | ﹤0.01% |
82,900
+52,900
| +176% | +$2.7M |
|
2461
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $4.36M | ﹤0.01% |
82,730
+62,238
| +304% | +$3.26M |
|
|
ZOES
2462
CALL
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $4.36M | ﹤0.01% |
111,800
+7,900
| +8% | +$249K |
|
2463
Loews
L
$22.4B
| $4.34M | ﹤0.01% |
113,539
-21,786
| -16% | -$802K |
|
|
ABB
2464
CALL
DELISTED
ABB Ltd
ABB
| $4.33M | ﹤0.01% |
223,200
+97,900
| +78% | +$1.73M |
|
2465
Shopify
SHOP
$200B
| $4.33M | ﹤0.01% |
1,535,460
+433,020
| +39% | +$1.03M |
|
2466
Toro Company
TTC
$9.48B
| $4.33M | ﹤0.01% |
100,600
-18,576
| -16% | -$714K |
|
2467
Spire
SR
$4.87B
| $4.33M | ﹤0.01% |
63,878
+13,834
| +28% | +$882K |
|
|
CMCM
2468
PUT
Cheetah Mobile
CMCM
$91.9M
| $4.32M | ﹤0.01% |
52,940
+37,180
| +236% | +$2.87M |
|
2469
U-Haul Holding Co
UHAL
$13.4B
| $4.32M | ﹤0.01% |
120,960
-9,950
| -8% | -$346K |
|
2470
CALL
L3Harris
LHX
$48.9B
| $4.32M | ﹤0.01% |
55,500
-93,900
| -63% | -$7.51M |
|
2471
CALL
Canadian Imperial Bank of Commerce
CM
$104B
| $4.32M | ﹤0.01% |
115,600
+49,400
| +75% | +$1.65M |
|
2472
Host Hotels & Resorts
HST
$15.4B
| $4.32M | ﹤0.01% |
258,450
-16,407
| -6% | -$247K |
|
2473
NRG Energy
NRG
$24B
| $4.32M | ﹤0.01% |
331,711
-10,026
| -3% | -$115K |
|
2474
Healthcare Realty
HR
$6.57B
| $4.31M | ﹤0.01% |
146,442
-24,958
| -15% | -$692K |
|
2475
PUT
Jefferies Financial Group
JEF
$12.3B
| $4.31M | ﹤0.01% |
297,603
-6,032
| -2% | -$84.9K |
|
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.