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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.29B |
| 2 |
DuPont de Nemours
DD
|
+$781M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$331M |
| 4 |
Walt Disney
DIS
|
+$311M |
| 5 |
NETSCOUT
NTCT
|
+$239M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$287M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$272M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$195M |
| 4 |
Alibaba
BABA
|
+$179M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.94% |
| 2 | Communication Services | 1.6% |
| 3 | Financials | 1.54% |
| 4 | Healthcare | 1.45% |
| 5 | Consumer Discretionary | 1.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $171M | 0.07% |
3,516,500
+1,630,900
| +86% | +$88.2M |
|
227
PUT
Broadcom
AVGO
$1.75T
| $171M | 0.07% |
13,639,000
+4,811,000
| +54% | +$60.8M |
|
|
ESRX
228
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $169M | 0.07% |
2,093,000
+210,400
| +11% | +$18.3M |
|
229
BP
BP
$115B
| $169M | 0.07% |
6,568,655
+1,264,904
| +24% | +$37.1M |
|
230
Comcast
CMCSA
$95.3B
| $167M | 0.07% |
5,874,910
+4,126,844
| +236% | +$123M |
|
|
LNKD
231
CALL
DELISTED
LinkedIn Corporation
LNKD
| $166M | 0.07% |
873,900
+149,100
| +21% | +$29.6M |
|
232
PUT
Starbucks
SBUX
$122B
| $166M | 0.07% |
2,922,200
+869,400
| +42% | +$48.7M |
|
|
ARG
233
CALL
DELISTED
Airgas Inc
ARG
| $166M | 0.07% |
1,852,700
+1,770,200
| +2,146% | +$175M |
|
|
ALTR
234
PUT
DELISTED
Altera Corp
ALTR
| $165M | 0.07% |
3,286,500
+1,137,400
| +53% | +$56.5M |
|
235
Blackstone
BX
$108B
| $164M | 0.07% |
5,268,737
+2,236,914
| +74% | +$80.9M |
|
236
PUT
United Parcel Service
UPS
$86.8B
| $163M | 0.07% |
1,654,600
+258,500
| +19% | +$25.5M |
|
|
237
PUT
Comcast
CMCSA
$95.3B
| $162M | 0.07% |
5,694,400
-1,918,400
| -25% | -$57M |
|
238
PUT
Las Vegas Sands
LVS
$30.5B
| $161M | 0.07% |
4,232,900
-475,800
| -10% | -$24M |
|
239
PUT
Cisco
CSCO
$438B
| $161M | 0.07% |
6,122,500
-2,851,100
| -32% | -$77M |
|
240
PUT
GoPro
GPRO
$116M
| $160M | 0.07% |
5,130,100
+1,405,500
| +38% | +$69.1M |
|
241
Intel
INTC
$476B
| $159M | 0.07% |
5,273,200
+3,290,484
| +166% | +$95.2M |
|
|
CMA
242
CALL
DELISTED
Comerica
CMA
| $159M | 0.07% |
3,860,700
+3,663,800
| +1,861% | +$167M |
|
243
CALL
MetLife
MET
$60B
| $158M | 0.07% |
3,767,676
+1,317,228
| +54% | +$61.5M |
|
244
CALL
Yum! Brands
YUM
$41.8B
| $157M | 0.07% |
2,723,439
+833,070
| +44% | +$50.4M |
|
245
CALL
Occidental Petroleum
OXY
$61.3B
| $156M | 0.07% |
2,366,022
-37,865
| -2% | -$2.64M |
|
246
CALL
JD.com
JD
$39.7B
| $155M | 0.07% |
5,955,200
+2,315,600
| +64% | +$67M |
|
|
247
PUT
Yum! Brands
YUM
$41.8B
| $155M | 0.07% |
2,692,281
+466,542
| +21% | +$28.2M |
|
248
PUT
Delta Air Lines
DAL
$54.2B
| $155M | 0.07% |
3,445,500
-1,954,200
| -36% | -$87.7M |
|
|
AGN
249
DELISTED
Allergan plc
AGN
| $154M | 0.07% |
568,134
+270,320
| +91% | +$83M |
|
|
250
CALL
Broadcom
AVGO
$1.75T
| $154M | 0.07% |
12,318,000
+5,458,000
| +80% | +$69M |
|
Similar funds
Jeff Yass's Q3 2015 Portfolio in Review
As of Q3 2015, Jeff Yass held 11,075 positions worth $231B, down 1.7% from $235B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass deployed $20.5B of net new capital in Q3 2015, opening 1,028 new positions and adding to 4,038 existing holdings. Its largest new stake was PayPal: 1,385,778 shares worth $43M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, down from 3.1% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $287M trimmed.
- Jeff Yass's largest Q3 2015 buy was PayPal: 1,385,778 shares worth $43M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q3 2015, an estimated $1.29B increase.
- Jeff Yass's biggest Q3 2015 reduction was Meta Platforms (Facebook), cutting an estimated $287M.
- Jeff Yass fully exited CATAMARAN CORP COM STK (CDA) in Q3 2015, selling an estimated $41.7M.
- Jeff Yass's ten largest holdings make up 25% of its $231B portfolio in Q3 2015.
- Jeff Yass opened 1,028 new positions and closed 1,500 in Q3 2015.
- Jeff Yass's portfolio value fell 1.7% quarter-over-quarter to $231B.
Based on Susquehanna International Group's 13F filing for Q3 2015, filed 16 Nov 2015.