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 | |
|---|---|---|---|---|---|---|
276
PUT
Cisco
CSCO
$438B
| $133M | 0.06% |
4,903,600
-1,218,900
| -20% | -$33.6M |
|
277
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $133M | 0.06% |
1,097,450
-326,625
| -23% | -$46.5M |
|
278
CALL
Skyworks Solutions
SWKS
$10.1B
| $132M | 0.06% |
1,724,000
+735,000
| +74% | +$58.9M |
|
279
CALL
LyondellBasell Industries
LYB
$21.8B
| $132M | 0.06% |
1,524,100
+327,500
| +27% | +$30.1M |
|
280
CALL
Starbucks
SBUX
$122B
| $132M | 0.06% |
2,204,900
-468,400
| -18% | -$28.5M |
|
281
CALL
Wynn Resorts
WYNN
$10.3B
| $132M | 0.06% |
1,909,800
+610,500
| +47% | +$40.8M |
|
282
Boeing
BA
$169B
| $132M | 0.06% |
912,884
-170,977
| -16% | -$24.6M |
|
283
PUT
HCA Healthcare
HCA
$92.9B
| $132M | 0.06% |
1,948,400
+301,500
| +18% | +$21M |
|
284
VanEck Gold Miners ETF
GDX
$32B
| $132M | 0.06% |
9,599,062
-11,522,900
| -55% | -$167M |
|
285
PUT
Las Vegas Sands
LVS
$30.5B
| $131M | 0.06% |
2,983,700
-1,249,200
| -30% | -$56.8M |
|
286
PUT
UnitedHealth
UNH
$350B
| $130M | 0.06% |
1,106,700
-828,100
| -43% | -$96.8M |
|
287
CALL
MetLife
MET
$60B
| $130M | 0.06% |
3,026,819
-740,857
| -20% | -$32.6M |
|
288
PUT
Valero Energy
VLO
$100B
| $130M | 0.06% |
1,833,300
+133,700
| +8% | +$9.11M |
|
|
ESRX
289
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $129M | 0.06% |
1,481,300
+38,900
| +3% | +$3.33M |
|
290
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $127M | 0.06% |
4,004,400
-929,800
| -19% | -$31.9M |
|
291
CALL
Tyson Foods
TSN
$20.6B
| $127M | 0.06% |
2,380,300
+1,178,700
| +98% | +$56.7M |
|
292
Chipotle Mexican Grill
CMG
$46.7B
| $125M | 0.06% |
13,059,550
+10,910,750
| +508% | +$133M |
|
|
293
CALL
UnitedHealth
UNH
$350B
| $125M | 0.06% |
1,064,900
-1,066,700
| -50% | -$125M |
|
294
CALL
Target
TGT
$75.1B
| $125M | 0.06% |
1,722,200
+83,500
| +5% | +$6.23M |
|
295
PUT
Blackrock
BLK
$179B
| $125M | 0.06% |
365,900
-50,700
| -12% | -$17.2M |
|
296
PUT
American International
AIG
$39.8B
| $124M | 0.06% |
1,995,600
+63,900
| +3% | +$3.9M |
|
297
PUT
Humana
HUM
$45.5B
| $123M | 0.06% |
691,700
+49,900
| +8% | +$8.76M |
|
298
AT&T
T
$173B
| $123M | 0.06% |
4,745,231
-2,551,648
| -35% | -$64.7M |
|
299
CALL
Philip Morris
PM
$293B
| $122M | 0.06% |
1,387,800
-935,300
| -40% | -$81.2M |
|
300
CALL
Charter Communications
CHTR
$17.9B
| $122M | 0.06% |
665,300
-174,500
| -21% | -$32.3M |
|
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.