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 | |
|---|---|---|---|---|---|---|
276
PUT
Capri Holdings
CPRI
$1.55B
| $149M | 0.06% |
3,528,400
+709,200
| +25% | +$40M |
|
277
PUT
Palo Alto Networks
PANW
$292B
| $148M | 0.06% |
5,076,000
+499,200
| +11% | +$13.3M |
|
278
Visteon
VC
$2.83B
| $147M | 0.06% |
1,404,177
-6,058
| -0.4% | -$638K |
|
279
Microsoft
MSFT
$3.59T
| $147M | 0.06% |
3,330,255
-1,829,003
| -35% | -$83.5M |
|
280
IBM
IBM
$222B
| $146M | 0.06% |
940,216
+55,042
| +6% | +$8.85M |
|
|
APC
281
CALL
DELISTED
Anadarko Petroleum
APC
| $145M | 0.06% |
1,858,500
-964,100
| -34% | -$83.5M |
|
282
CALL
Ambarella
AMBA
$3.23B
| $145M | 0.06% |
1,409,500
+861,600
| +157% | +$75.3M |
|
283
PUT
Yum! Brands
YUM
$41.8B
| $144M | 0.06% |
2,225,739
+80,121
| +4% | +$5.08M |
|
284
CALL
CF Industries
CF
$19.6B
| $142M | 0.06% |
2,203,200
-153,800
| -7% | -$9.36M |
|
285
Delta Air Lines
DAL
$54.2B
| $140M | 0.06% |
3,406,552
+897,616
| +36% | +$39.2M |
|
286
CALL
RTX Corp
RTX
$283B
| $139M | 0.06% |
1,985,773
+436,339
| +28% | +$32M |
|
|
AET
287
CALL
DELISTED
Aetna Inc
AET
| $139M | 0.06% |
1,086,700
+124,600
| +13% | +$14.2M |
|
|
TWX
288
CALL
DELISTED
Time Warner Inc
TWX
| $138M | 0.06% |
1,577,300
+726,400
| +85% | +$62M |
|
|
GMCR
289
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $138M | 0.06% |
1,797,100
-1,674,000
| -48% | -$164M |
|
290
PUT
Under Armour
UAA
$2.32B
| $137M | 0.06% |
3,283,200
-363,600
| -10% | -$14.7M |
|
291
CALL
Philip Morris
PM
$293B
| $136M | 0.06% |
1,699,600
+36,500
| +2% | +$3M |
|
292
PUT
Wynn Resorts
WYNN
$10.3B
| $135M | 0.06% |
1,372,900
-235,900
| -15% | -$26.6M |
|
293
PUT
United Parcel Service
UPS
$86.8B
| $135M | 0.06% |
1,396,100
+333,800
| +31% | +$33.2M |
|
294
CALL
Applied Materials
AMAT
$391B
| $135M | 0.06% |
7,030,400
-3,706,500
| -35% | -$76.1M |
|
295
CALL
Cigna
CI
$73.3B
| $135M | 0.06% |
834,000
+560,100
| +204% | +$77.4M |
|
|
QIHU
296
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $135M | 0.06% |
1,993,600
-1,293,000
| -39% | -$78M |
|
297
PUT
FedEx
FDX
$76.9B
| $135M | 0.06% |
790,500
-167,600
| -17% | -$29.2M |
|
298
CALL
Micron Technology
MU
$1.09T
| $134M | 0.06% |
7,130,700
-5,175,600
| -42% | -$138M |
|
299
PUT
Cheniere Energy
LNG
$57.3B
| $134M | 0.06% |
1,935,900
+296,200
| +18% | +$22.2M |
|
300
PUT
Salesforce
CRM
$171B
| $134M | 0.06% |
1,922,500
+620,400
| +48% | +$44.2M |
|
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.