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 | |
|---|---|---|---|---|---|---|
|
PXD
251
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $153M | 0.07% |
1,256,400
+531,900
| +73% | +$66.3M |
|
252
Halliburton
HAL
$29.4B
| $153M | 0.07% |
4,314,913
-3,168,329
| -42% | -$125M |
|
253
CALL
Starbucks
SBUX
$122B
| $152M | 0.07% |
2,673,300
+706,100
| +36% | +$39.6M |
|
254
Johnson & Johnson
JNJ
$651B
| $152M | 0.07% |
1,627,092
-146,742
| -8% | -$14.2M |
|
255
PUT
MetLife
MET
$60B
| $152M | 0.07% |
3,607,567
+1,123,235
| +45% | +$52.5M |
|
256
IBM
IBM
$222B
| $151M | 0.07% |
1,090,045
+149,829
| +16% | +$22.1M |
|
257
Microsoft
MSFT
$3.59T
| $149M | 0.06% |
3,370,650
+40,395
| +1% | +$1.81M |
|
258
PUT
Oracle
ORCL
$422B
| $149M | 0.06% |
4,127,500
+352,400
| +9% | +$13.5M |
|
259
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $149M | 0.06% |
3,434,900
-772,800
| -18% | -$35.4M |
|
260
CALL
Delta Air Lines
DAL
$54.2B
| $149M | 0.06% |
3,319,800
-2,470,100
| -43% | -$111M |
|
261
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $149M | 0.06% |
1,786,800
-47,700
| -3% | -$4.13M |
|
262
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $148M | 0.06% |
3,050,100
+1,710,300
| +128% | +$92.5M |
|
263
CALL
Charter Communications
CHTR
$17.9B
| $148M | 0.06% |
839,800
+600,700
| +251% | +$110M |
|
264
iShares China Large-Cap ETF
FXI
$4.28B
| $147M | 0.06% |
4,156,919
+846,314
| +26% | +$32.9M |
|
265
PUT
NXP Semiconductors
NXPI
$56.9B
| $146M | 0.06% |
1,679,700
+808,200
| +93% | +$72.9M |
|
266
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $146M | 0.06% |
2,583,100
+768,700
| +42% | +$49.8M |
|
267
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.37B
| $146M | 0.06% |
4,934,200
+72,000
| +1% | +$2.77M |
|
268
Qualcomm
QCOM
$169B
| $145M | 0.06% |
2,705,213
+748,601
| +38% | +$44.5M |
|
|
MON
269
PUT
DELISTED
Monsanto Co
MON
| $145M | 0.06% |
1,701,700
+193,000
| +13% | +$19.1M |
|
270
Visteon
VC
$2.83B
| $145M | 0.06% |
1,430,522
+26,345
| +2% | +$2.65M |
|
|
YHOO
271
DELISTED
Yahoo Inc
YHOO
| $144M | 0.06% |
4,991,677
+919,279
| +23% | +$31.9M |
|
|
MON
272
CALL
DELISTED
Monsanto Co
MON
| $144M | 0.06% |
1,681,900
+110,700
| +7% | +$10.9M |
|
273
CALL
SLB Ltd
SLB
$79.9B
| $143M | 0.06% |
2,079,300
-5,600
| -0.3% | -$443K |
|
274
PUT
Mondelez International
MDLZ
$82.3B
| $142M | 0.06% |
3,402,100
+2,802,300
| +467% | +$121M |
|
275
Boeing
BA
$169B
| $142M | 0.06% |
1,083,861
-563,874
| -34% | -$78.2M |
|
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.