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 | |
|---|---|---|---|---|---|---|
326
CALL
Phillips 66
PSX
$96.9B
| $126M | 0.05% |
1,558,500
+370,200
| +31% | +$29.4M |
|
327
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $125M | 0.05% |
1,682,700
+954,300
| +131% | +$70.7M |
|
|
ESRX
328
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $125M | 0.05% |
1,406,300
+328,000
| +30% | +$28.7M |
|
|
PXD
329
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $125M | 0.05% |
900,000
+40,300
| +5% | +$6.39M |
|
|
SNDK
330
CALL
DELISTED
SANDISK CORP
SNDK
| $124M | 0.05% |
2,133,100
-1,027,700
| -33% | -$68.8M |
|
331
CALL
JD.com
JD
$39.7B
| $124M | 0.05% |
3,639,600
+1,640,000
| +82% | +$55.8M |
|
332
PUT
MetLife
MET
$60B
| $124M | 0.05% |
2,484,332
-462,489
| -16% | -$21.9M |
|
333
PUT
First Solar
FSLR
$23B
| $124M | 0.05% |
2,628,900
+717,700
| +38% | +$40.1M |
|
334
CALL
Target
TGT
$75.1B
| $123M | 0.05% |
1,509,300
-500,400
| -25% | -$40.5M |
|
335
Qualcomm
QCOM
$169B
| $123M | 0.05% |
1,956,612
+260,260
| +15% | +$17.8M |
|
336
CALL
Yum! Brands
YUM
$41.8B
| $122M | 0.05% |
1,890,369
+17,944
| +1% | +$1.14M |
|
337
PUT
Petrobras
PBR
$123B
| $122M | 0.05% |
13,354,100
-67,800
| -0.5% | -$607K |
|
|
338
CALL
MetLife
MET
$60B
| $122M | 0.05% |
2,450,448
+60,588
| +3% | +$2.87M |
|
|
QIHU
339
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $122M | 0.05% |
1,806,200
+258,000
| +17% | +$15.6M |
|
340
CALL
Perrigo
PRGO
$1.98B
| $122M | 0.05% |
658,500
+501,700
| +320% | +$95.6M |
|
341
Blackstone
BX
$108B
| $122M | 0.05% |
3,031,823
+929,980
| +44% | +$38.2M |
|
|
WBA
342
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $121M | 0.05% |
1,435,000
-2,393,600
| -63% | -$206M |
|
343
CALL
Bristol-Myers Squibb
BMY
$137B
| $120M | 0.05% |
1,809,500
-508,900
| -22% | -$33.5M |
|
344
CALL
Intercontinental Exchange
ICE
$90.5B
| $120M | 0.05% |
2,687,000
-502,000
| -16% | -$23.3M |
|
345
Alcoa
AA
$13.7B
| $120M | 0.05% |
4,479,330
+1,669,203
| +59% | +$51.7M |
|
346
Capri Holdings
CPRI
$1.55B
| $119M | 0.05% |
2,839,108
+1,614,601
| +132% | +$91M |
|
347
iShares MSCI India ETF
INDA
$6.61B
| $119M | 0.05% |
3,928,041
+3,783,319
| +2,614% | +$116M |
|
|
ALTR
348
DELISTED
Altera Corp
ALTR
| $118M | 0.05% |
2,312,425
+1,536,919
| +198% | +$71.6M |
|
349
PUT
Assured Guaranty
AGO
$3.27B
| $118M | 0.05% |
4,914,100
+1,654,200
| +51% | +$46.1M |
|
350
PUT
Broadcom
AVGO
$1.75T
| $117M | 0.05% |
8,828,000
+2,265,000
| +35% | +$29.7M |
|
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.