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 | |
|---|---|---|---|---|---|---|
351
Coca-Cola
KO
$392B
| $116M | 0.05% |
2,964,305
-3,699,994
| -56% | -$150M |
|
352
PUT
Applied Materials
AMAT
$391B
| $115M | 0.05% |
5,971,900
-109,000
| -2% | -$2.24M |
|
353
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $114M | 0.05% |
1,045,229
-84,158
| -7% | -$9.16M |
|
|
SHLD
354
PUT
DELISTED
Sears Holding Corporation
SHLD
| $114M | 0.05% |
4,233,500
+53,000
| +1% | +$2.04M |
|
355
PUT
United Rentals
URI
$68.4B
| $114M | 0.05% |
1,300,900
+502,200
| +63% | +$48.1M |
|
356
Cigna
CI
$73.3B
| $113M | 0.05% |
699,858
+537,413
| +331% | +$74.2M |
|
357
CALL
EOG Resources
EOG
$80.3B
| $113M | 0.05% |
1,295,000
-975,300
| -43% | -$90.1M |
|
358
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $112M | 0.05% |
1,418,700
+227,000
| +19% | +$19M |
|
|
B
359
PUT
Barrick Mining
B
$78.3B
| $112M | 0.05% |
10,509,200
+2,203,600
| +27% | +$26.9M |
|
360
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $112M | 0.05% |
409,400
+5,000
| +1% | +$1.39M |
|
361
SLB Ltd
SLB
$79.9B
| $112M | 0.05% |
1,297,223
+309,563
| +31% | +$27.9M |
|
362
PUT
ConocoPhillips
COP
$162B
| $112M | 0.05% |
1,817,600
-1,160,100
| -39% | -$75.6M |
|
363
PUT
Starbucks
SBUX
$122B
| $110M | 0.05% |
2,052,800
-376,400
| -15% | -$19.1M |
|
|
ALTR
364
PUT
DELISTED
Altera Corp
ALTR
| $110M | 0.05% |
2,149,100
+1,854,500
| +629% | +$86.5M |
|
365
PUT
Illumina
ILMN
$33.1B
| $110M | 0.05% |
516,364
+144,228
| +39% | +$28.2M |
|
|
ANDV
366
PUT
DELISTED
Andeavor
ANDV
| $109M | 0.05% |
1,296,300
-1,327,400
| -51% | -$115M |
|
367
CALL
Huntsman Corp
HUN
$1.75B
| $109M | 0.05% |
4,926,300
+904,300
| +22% | +$20.5M |
|
368
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $108M | 0.05% |
3,451,600
-3,303,600
| -49% | -$106M |
|
369
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $108M | 0.05% |
1,885,600
-384,300
| -17% | -$22.3M |
|
370
PUT
Vale
VALE
$62.1B
| $108M | 0.05% |
17,943,700
+3,621,600
| +25% | +$24.2M |
|
371
Verizon
VZ
$205B
| $107M | 0.05% |
2,306,298
+1,447,719
| +169% | +$70.9M |
|
372
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $107M | 0.05% |
1,814,400
-1,424,300
| -44% | -$87.9M |
|
373
Yum! Brands
YUM
$41.8B
| $107M | 0.05% |
1,654,741
+936,726
| +130% | +$59.3M |
|
|
X
374
PUT
DELISTED
US Steel
X
| $107M | 0.05% |
5,169,500
-333,300
| -6% | -$8.17M |
|
375
PUT
Lockheed Martin
LMT
$130B
| $107M | 0.05% |
572,900
+67,300
| +13% | +$13M |
|
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.