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 |
Synchrony
SYF
|
+$683M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$485M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$394M |
| 4 |
Apple
AAPL
|
+$378M |
| 5 |
Bausch Health
BHC
|
+$280M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$805M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$603M |
| 3 |
GE Aerospace
GE
|
+$548M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$426M |
| 5 |
Gilead Sciences
GILD
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.05% |
| 2 | Financials | 2.16% |
| 3 | Consumer Discretionary | 1.64% |
| 4 | Communication Services | 1.43% |
| 5 | Healthcare | 1.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
Intuitive Surgical
ISRG
$134B
| $160M | 0.07% |
2,642,400
+219,600
| +9% | +$12.3M |
|
227
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.6B
| $160M | 0.07% |
2,286,500
-1,557,000
| -41% | -$106M |
|
228
Blackstone
BX
$108B
| $159M | 0.07% |
5,454,168
+185,431
| +4% | +$5.91M |
|
229
CALL
SLB Ltd
SLB
$79.9B
| $159M | 0.07% |
2,284,500
+205,200
| +10% | +$15.4M |
|
|
QIHU
230
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $159M | 0.07% |
2,186,931
+892,050
| +69% | +$56.2M |
|
231
PUT
Deere & Co
DE
$175B
| $158M | 0.07% |
2,068,500
-1,426,800
| -41% | -$110M |
|
232
PUT
Target
TGT
$75.1B
| $156M | 0.07% |
2,148,400
+1,023,600
| +91% | +$76.4M |
|
233
Visteon
VC
$2.83B
| $156M | 0.07% |
1,362,223
-68,299
| -5% | -$7.73M |
|
234
PUT
Eli Lilly
LLY
$1.12T
| $156M | 0.07% |
1,848,500
-1,795,100
| -49% | -$149M |
|
235
PUT
Coca-Cola
KO
$392B
| $156M | 0.07% |
3,623,600
-2,875,800
| -44% | -$122M |
|
236
PUT
Viatris
VTRS
$18.7B
| $155M | 0.07% |
2,867,600
+130,100
| +5% | +$6.26M |
|
237
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| $155M | 0.07% |
4
-1
| -20% | -$38.6M |
|
238
CALL
Delta Air Lines
DAL
$54.2B
| $155M | 0.07% |
3,054,300
-265,500
| -8% | -$13.1M |
|
|
239
GE Aerospace
GE
$361B
| $154M | 0.07% |
1,034,910
-3,857,566
| -79% | -$548M |
|
240
CALL
AbbVie
ABBV
$468B
| $154M | 0.07% |
2,602,200
-1,022,900
| -28% | -$58.9M |
|
|
PXD
241
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $153M | 0.07% |
1,221,000
+175,800
| +17% | +$24.1M |
|
|
AET
242
CALL
DELISTED
Aetna Inc
AET
| $151M | 0.07% |
1,397,300
+261,400
| +23% | +$28.3M |
|
243
PUT
Expedia Group
EXPE
$38.6B
| $151M | 0.07% |
1,214,400
+96,700
| +9% | +$12.2M |
|
244
CALL
AutoZone
AZO
$48.3B
| $151M | 0.07% |
203,000
+11,500
| +6% | +$8.78M |
|
245
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $151M | 0.07% |
1,414,500
+332,300
| +31% | +$35.7M |
|
246
PUT
Halliburton
HAL
$29.4B
| $150M | 0.07% |
4,417,500
-2,763,300
| -38% | -$104M |
|
247
CALL
Illumina
ILMN
$33.1B
| $150M | 0.07% |
803,588
+611,969
| +319% | +$98.8M |
|
248
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $150M | 0.07% |
7,163,520
-3,450,359
| -33% | -$72.7M |
|
249
General Motors
GM
$77.2B
| $150M | 0.07% |
4,405,269
-2,207,666
| -33% | -$76.7M |
|
250
CALL
iShares MSCI Brazil ETF
EWZ
$8.04B
| $150M | 0.07% |
7,241,700
-1,173,400
| -14% | -$27.3M |
|
Similar funds
Jeff Yass's Q4 2015 Portfolio in Review
As of Q4 2015, Jeff Yass held 10,716 positions worth $216B, down 6.4% from $231B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jeff Yass withdrew a net $26.7B in Q4 2015, closing 1,373 positions and reducing 4,567 holdings. Its most notable exit was Altera Corp, an estimated $97.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.9% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in Alphabet (Google) Class A worth $510M.
- Jeff Yass's largest Q4 2015 buy was Alphabet (Google) Class A: 13,098,340 shares worth $510M.
- Jeff Yass added most to Synchrony in Q4 2015, an estimated $683M increase.
- Jeff Yass's biggest Q4 2015 reduction was DuPont de Nemours, cutting an estimated $805M.
- Jeff Yass fully exited Altera Corp in Q4 2015, selling an estimated $97.3M.
- Jeff Yass's ten largest holdings make up 21% of its $216B portfolio in Q4 2015.
- Jeff Yass opened 1,138 new positions and closed 1,373 in Q4 2015.
- Jeff Yass's portfolio value fell 6.4% quarter-over-quarter to $216B.
Based on Susquehanna International Group's 13F filing for Q4 2015, filed 16 Feb 2016.