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 |
Alphabet (Google) Class C
GOOG
|
+$726M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$599M |
| 3 |
Apple
AAPL
|
+$578M |
| 4 |
Meta Platforms (Facebook)
META
|
+$328M |
| 5 |
American Airlines Group
AAL
|
+$317M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.17B |
| 2 |
Gilead Sciences
GILD
|
+$392M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$285M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$225M |
| 5 |
Intel
INTC
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.09% |
| 2 | Consumer Discretionary | 2.15% |
| 3 | Financials | 1.67% |
| 4 | Healthcare | 1.64% |
| 5 | Communication Services | 1.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Walt Disney
DIS
$186B
| $180M | 0.08% |
1,572,722
+961,989
| +158% | +$106M |
|
227
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $178M | 0.08% |
3,877,600
+2,641,600
| +214% | +$129M |
|
228
BP
BP
$115B
| $178M | 0.08% |
5,303,751
-1,157,691
| -18% | -$40.5M |
|
229
CALL
Home Depot
HD
$335B
| $178M | 0.08% |
1,600,300
+191,500
| +14% | +$21.4M |
|
230
PUT
Cigna
CI
$73.3B
| $178M | 0.08% |
1,097,200
+866,200
| +375% | +$120M |
|
231
CALL
Viatris
VTRS
$18.7B
| $178M | 0.08% |
2,616,500
+1,693,400
| +183% | +$120M |
|
232
PUT
UnitedHealth
UNH
$350B
| $177M | 0.08% |
1,454,800
+523,100
| +56% | +$61.9M |
|
233
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $177M | 0.08% |
1,614,800
+629,000
| +64% | +$68.4M |
|
|
GMCR
234
PUT
DELISTED
KEURIG GREEN MTN INC
GMCR
| $177M | 0.08% |
2,313,700
-834,300
| -27% | -$81.9M |
|
235
CALL
iShares Silver Trust
SLV
$33.8B
| $176M | 0.07% |
11,732,500
-1,904,600
| -14% | -$29.9M |
|
236
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $176M | 0.07% |
943,625
+201,025
| +27% | +$41.1M |
|
237
eBay
EBAY
$46.3B
| $175M | 0.07% |
6,884,474
+3,089,092
| +81% | +$77.1M |
|
238
Johnson & Johnson
JNJ
$651B
| $173M | 0.07% |
1,773,834
+1,128,118
| +175% | +$113M |
|
239
CALL
Pfizer
PFE
$160B
| $173M | 0.07% |
5,433,792
-4,626,427
| -46% | -$151M |
|
240
PUT
United Airlines
UAL
$36.7B
| $172M | 0.07% |
3,239,800
+1,041,500
| +47% | +$60.3M |
|
241
PUT
Bristol-Myers Squibb
BMY
$137B
| $172M | 0.07% |
2,579,300
-395,200
| -13% | -$26M |
|
242
PUT
CF Industries
CF
$19.6B
| $171M | 0.07% |
2,653,000
+365,000
| +16% | +$22.2M |
|
243
PUT
3M
MMM
$92.3B
| $170M | 0.07% |
1,315,122
-246,017
| -16% | -$33M |
|
244
PUT
AB InBev
BUD
$155B
| $168M | 0.07% |
1,394,000
+414,600
| +42% | +$50.9M |
|
|
MON
245
CALL
DELISTED
Monsanto Co
MON
| $167M | 0.07% |
1,571,200
+384,200
| +32% | +$44.6M |
|
|
ESRX
246
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $167M | 0.07% |
1,882,600
+690,300
| +58% | +$60.3M |
|
247
Williams Companies
WMB
$86.2B
| $167M | 0.07% |
2,915,551
+2,230,557
| +326% | +$115M |
|
248
CALL
Halliburton
HAL
$29.4B
| $165M | 0.07% |
3,829,200
+468,900
| +14% | +$21.6M |
|
249
CALL
Palo Alto Networks
PANW
$292B
| $164M | 0.07% |
5,649,000
+2,545,800
| +82% | +$68M |
|
250
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $164M | 0.07% |
4,999,900
+760,400
| +18% | +$26.3M |
|
Similar funds
Jeff Yass's Q2 2015 Portfolio in Review
As of Q2 2015, Jeff Yass held 10,941 positions worth $235B, up 6.8% from $220B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $12.9B of net new capital in Q2 2015, opening 1,599 new positions and adding to 4,693 existing holdings. Its largest new stake was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.17B trimmed.
- Jeff Yass's largest Q2 2015 buy was Vanguard Global ex-US Real Estate ETF: 1,789,597 shares worth $99.3M.
- Jeff Yass added most to Alphabet (Google) Class C in Q2 2015, an estimated $726M increase.
- Jeff Yass's biggest Q2 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.17B.
- Jeff Yass fully exited ACTAVIS PLC Pfd Conv Ser A (Irl) in Q2 2015, selling an estimated $41.7M.
- Jeff Yass's ten largest holdings make up 24% of its $235B portfolio in Q2 2015.
- Jeff Yass opened 1,599 new positions and closed 888 in Q2 2015.
- Jeff Yass's portfolio value rose 6.8% quarter-over-quarter to $235B.
Based on Susquehanna International Group's 13F filing for Q2 2015, filed 14 Aug 2015.