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 | |
|---|---|---|---|---|---|---|
|
GMCR
326
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $120M | 0.05% |
2,295,000
+497,900
| +28% | +$30.6M |
|
327
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $119M | 0.05% |
1,674,800
-200,300
| -11% | -$14.6M |
|
328
CALL
Molson Coors Class B
TAP
$8.01B
| $119M | 0.05% |
1,429,300
+724,100
| +103% | +$52.4M |
|
329
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $119M | 0.05% |
1,082,200
-532,600
| -33% | -$58.1M |
|
330
PUT
Salesforce
CRM
$171B
| $118M | 0.05% |
1,701,000
-221,500
| -12% | -$15.7M |
|
331
CALL
Palo Alto Networks
PANW
$292B
| $117M | 0.05% |
4,096,800
-1,552,200
| -27% | -$45.8M |
|
332
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $117M | 0.05% |
471,100
+137,900
| +41% | +$36.5M |
|
333
PUT
Cheniere Energy
LNG
$57.3B
| $117M | 0.05% |
2,418,000
+482,100
| +25% | +$29.7M |
|
|
ESRX
334
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $117M | 0.05% |
1,442,400
+36,100
| +3% | +$3.14M |
|
335
CALL
Phillips 66
PSX
$96.9B
| $117M | 0.05% |
1,516,300
-42,200
| -3% | -$3.35M |
|
336
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $116M | 0.05% |
3,601,500
-276,100
| -7% | -$10.2M |
|
337
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $115M | 0.05% |
879,075
+433,650
| +97% | +$66.2M |
|
338
Goldman Sachs
GS
$303B
| $115M | 0.05% |
661,944
+478,371
| +261% | +$93.8M |
|
339
PUT
Humana
HUM
$45.5B
| $115M | 0.05% |
641,800
-1,203,600
| -65% | -$222M |
|
340
PUT
Freeport-McMoran
FCX
$110B
| $115M | 0.05% |
11,855,300
-9,415,900
| -44% | -$113M |
|
341
PUT
Skyworks Solutions
SWKS
$10.1B
| $114M | 0.05% |
1,347,900
+110,400
| +9% | +$10.1M |
|
342
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $113M | 0.05% |
4,151,566
+1,504,316
| +57% | +$45.2M |
|
343
CALL
AB InBev
BUD
$155B
| $113M | 0.05% |
1,064,300
+191,300
| +22% | +$22.2M |
|
344
PUT
McKesson
MCK
$100B
| $113M | 0.05% |
608,100
+324,500
| +114% | +$68.8M |
|
345
CALL
PepsiCo
PEP
$196B
| $112M | 0.05% |
1,186,000
-245,100
| -17% | -$23.3M |
|
346
Alcoa
AA
$13.7B
| $111M | 0.05% |
4,794,215
+314,885
| +7% | +$7.37M |
|
347
Williams Companies
WMB
$86.2B
| $111M | 0.05% |
3,007,089
+91,538
| +3% | +$4.56M |
|
348
PUT
Viatris
VTRS
$18.7B
| $110M | 0.05% |
2,737,500
+455,600
| +20% | +$25.4M |
|
349
AbbVie
ABBV
$468B
| $110M | 0.05% |
2,024,990
+1,422,019
| +236% | +$92.6M |
|
|
350
PUT
Molson Coors Class B
TAP
$8.01B
| $110M | 0.05% |
1,324,200
+362,700
| +38% | +$26.3M |
|
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.