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 | |
|---|---|---|---|---|---|---|
251
CALL
Intuitive Surgical
ISRG
$134B
| $164M | 0.07% |
3,042,000
+221,400
| +8% | +$12.4M |
|
252
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $163M | 0.07% |
1,834,500
+1,547,700
| +540% | +$140M |
|
|
MON
253
PUT
DELISTED
Monsanto Co
MON
| $161M | 0.07% |
1,508,700
-296,500
| -16% | -$34.4M |
|
254
Wells Fargo
WFC
$254B
| $161M | 0.07% |
2,856,279
+1,294,744
| +83% | +$72.2M |
|
255
PUT
Merck
MRK
$376B
| $160M | 0.07% |
2,949,701
+252,568
| +9% | +$14.2M |
|
256
CALL
UnitedHealth
UNH
$350B
| $160M | 0.07% |
1,313,200
-197,800
| -13% | -$23.4M |
|
257
Las Vegas Sands
LVS
$30.5B
| $160M | 0.07% |
3,046,439
+2,476,890
| +435% | +$132M |
|
|
YHOO
258
DELISTED
Yahoo Inc
YHOO
| $160M | 0.07% |
4,072,398
-2,903,364
| -42% | -$125M |
|
259
PUT
Yelp
YELP
$1.27B
| $160M | 0.07% |
3,713,900
+1,666,200
| +81% | +$77.3M |
|
260
CALL
General Motors
GM
$77.2B
| $159M | 0.07% |
4,767,900
-5,560,400
| -54% | -$198M |
|
261
PUT
Eli Lilly
LLY
$1.12T
| $157M | 0.07% |
1,884,100
+631,300
| +50% | +$48.1M |
|
262
PUT
EOG Resources
EOG
$80.3B
| $157M | 0.07% |
1,794,400
-75,000
| -4% | -$6.93M |
|
263
CALL
McDonald's
MCD
$192B
| $155M | 0.07% |
1,630,100
-1,957,000
| -55% | -$189M |
|
264
PUT
Viatris
VTRS
$18.7B
| $155M | 0.07% |
2,281,900
+1,352,100
| +145% | +$95.6M |
|
265
PUT
American International
AIG
$39.8B
| $155M | 0.07% |
2,504,800
+197,100
| +9% | +$11.6M |
|
266
CALL
Union Pacific
UNP
$183B
| $154M | 0.07% |
1,618,600
-81,000
| -5% | -$8.44M |
|
267
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $154M | 0.07% |
4,094,600
-2,153,200
| -34% | -$85.5M |
|
268
iShares China Large-Cap ETF
FXI
$4.28B
| $153M | 0.06% |
3,310,605
-685,157
| -17% | -$33.9M |
|
269
PUT
Oracle
ORCL
$422B
| $152M | 0.06% |
3,775,100
+2,071,800
| +122% | +$89.9M |
|
270
CALL
Capri Holdings
CPRI
$1.55B
| $151M | 0.06% |
3,586,700
+1,713,700
| +91% | +$96.6M |
|
271
PUT
Elevance Health
ELV
$86.9B
| $151M | 0.06% |
918,000
+527,600
| +135% | +$84.3M |
|
272
Starbucks
SBUX
$122B
| $150M | 0.06% |
2,798,939
+1,854,647
| +196% | +$94.1M |
|
|
KRFT
273
CALL
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $150M | 0.06% |
1,761,400
-567,300
| -24% | -$48.8M |
|
|
LNKD
274
CALL
DELISTED
LinkedIn Corporation
LNKD
| $150M | 0.06% |
724,800
-483,000
| -40% | -$108M |
|
275
CALL
lululemon athletica
LULU
$13.7B
| $149M | 0.06% |
2,284,600
+860,600
| +60% | +$55.9M |
|
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.