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 | |
|---|---|---|---|---|---|---|
251
PUT
Home Depot
HD
$335B
| $148M | 0.07% |
1,117,700
-1,725,800
| -61% | -$220M |
|
252
Micron Technology
MU
$1.09T
| $147M | 0.07% |
10,400,353
-10,176,797
| -49% | -$163M |
|
|
YHOO
253
DELISTED
Yahoo Inc
YHOO
| $147M | 0.07% |
4,424,389
-567,288
| -11% | -$18.9M |
|
254
CALL
Union Pacific
UNP
$183B
| $147M | 0.07% |
1,880,900
-626,100
| -25% | -$53.7M |
|
255
PUT
MetLife
MET
$60B
| $146M | 0.07% |
3,409,421
-198,146
| -5% | -$8.71M |
|
256
CALL
Expedia Group
EXPE
$38.6B
| $145M | 0.07% |
1,169,800
+456,200
| +64% | +$57.8M |
|
257
American Airlines Group
AAL
$9.15B
| $145M | 0.07% |
3,430,399
-2,081,331
| -38% | -$90.2M |
|
258
Biogen
BIIB
$32B
| $144M | 0.07% |
470,645
-429,650
| -48% | -$123M |
|
259
CALL
iShares Silver Trust
SLV
$33.8B
| $143M | 0.07% |
10,789,700
-1,945,700
| -15% | -$27.4M |
|
260
CALL
Intercontinental Exchange
ICE
$90.5B
| $142M | 0.07% |
2,776,500
+51,500
| +2% | +$2.59M |
|
261
Olin
OLN
$2.1B
| $141M | 0.07% |
8,193,235
+6,347,825
| +344% | +$122M |
|
262
Visa
V
$693B
| $140M | 0.06% |
1,811,247
+861,774
| +91% | +$66.8M |
|
263
IBM
IBM
$222B
| $140M | 0.06% |
1,064,989
-25,056
| -2% | -$3.37M |
|
264
PUT
NXP Semiconductors
NXPI
$56.9B
| $139M | 0.06% |
1,644,700
-35,000
| -2% | -$3M |
|
|
SCTY
265
PUT
DELISTED
SolarCity Corporation
SCTY
| $139M | 0.06% |
2,715,800
+331,500
| +14% | +$12.9M |
|
266
PUT
Nike
NKE
$60.5B
| $137M | 0.06% |
2,198,500
-71,900
| -3% | -$4.64M |
|
267
CALL
ConocoPhillips
COP
$162B
| $137M | 0.06% |
2,931,800
+677,200
| +30% | +$35.4M |
|
268
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $137M | 0.06% |
538,600
+67,500
| +14% | +$17.6M |
|
|
DISH
269
CALL
DELISTED
DISH Network Corp.
DISH
| $136M | 0.06% |
2,385,900
+1,418,300
| +147% | +$86.9M |
|
|
SNDK
270
PUT
DELISTED
SANDISK CORP
SNDK
| $135M | 0.06% |
1,777,800
-620,300
| -26% | -$45.4M |
|
|
271
PUT
Union Pacific
UNP
$183B
| $135M | 0.06% |
1,723,400
-647,900
| -27% | -$55.6M |
|
272
CALL
eBay
EBAY
$46.3B
| $134M | 0.06% |
4,888,800
-637,300
| -12% | -$17.6M |
|
273
PUT
Transocean
RIG
$6.61B
| $134M | 0.06% |
10,845,200
-24,024,600
| -69% | -$346M |
|
274
CALL
Yum! Brands
YUM
$41.8B
| $134M | 0.06% |
2,547,756
-175,683
| -6% | -$9.18M |
|
275
CALL
Valero Energy
VLO
$100B
| $133M | 0.06% |
1,885,600
-409,000
| -18% | -$27.9M |
|
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.