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 | |
|---|---|---|---|---|---|---|
376
PUT
Ambarella
AMBA
$3.07B
| $93.1M | 0.04% |
1,669,500
-469,700
| -22% | -$26.5M |
|
377
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $92.5M | 0.04% |
1,833,000
+256,900
| +16% | +$14.5M |
|
378
CALL
Molson Coors Class B
TAP
$8.02B
| $92.4M | 0.04% |
983,700
-445,600
| -31% | -$40.2M |
|
379
PUT
PepsiCo
PEP
$197B
| $92.4M | 0.04% |
924,500
-411,800
| -31% | -$41.1M |
|
|
WBA
380
DELISTED
Walgreens Boots Alliance
WBA
| $92.3M | 0.04% |
1,084,416
+437,146
| +68% | +$37.1M |
|
381
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $92.3M | 0.04% |
1,828,700
+253,900
| +16% | +$12.6M |
|
382
SLB Ltd
SLB
$80.1B
| $91.5M | 0.04% |
1,311,304
+102,939
| +9% | +$7.71M |
|
383
PUT
Lockheed Martin
LMT
$130B
| $91.4M | 0.04% |
420,700
-85,200
| -17% | -$18.5M |
|
384
Altria Group
MO
$114B
| $90.8M | 0.04% |
1,559,210
+1,211,908
| +349% | +$70.2M |
|
|
385
DuPont de Nemours
DD
$18.5B
| $89.3M | 0.04% |
684,851
-6,272,098
| -90% | -$805M |
|
386
CALL
Deere & Co
DE
$175B
| $89M | 0.04% |
1,166,900
-533,100
| -31% | -$41.3M |
|
387
Morgan Stanley
MS
$336B
| $88.7M | 0.04% |
2,789,465
+1,125,136
| +68% | +$37.4M |
|
388
CALL
Autodesk
ADSK
$53.7B
| $88.4M | 0.04% |
1,451,300
+952,300
| +191% | +$55.3M |
|
389
CALL
ServiceNow
NOW
$132B
| $87.7M | 0.04% |
5,063,000
-1,386,500
| -21% | -$22.9M |
|
390
PUT
Wynn Resorts
WYNN
$10.2B
| $87.2M | 0.04% |
1,259,700
-1,129,900
| -47% | -$75.5M |
|
391
CALL
Trip.com Group
TCOM
$29B
| $86.9M | 0.04% |
1,876,000
-176,800
| -9% | -$8.09M |
|
|
392
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $86.6M | 0.04% |
1,716,100
-977,700
| -36% | -$55.2M |
|
393
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $86.4M | 0.04% |
1,199,400
-115,900
| -9% | -$8.19M |
|
394
PUT
NetEase
NTES
$78.7B
| $86.3M | 0.04% |
2,382,000
-76,000
| -3% | -$2.37M |
|
|
395
CALL
Altria Group
MO
$114B
| $86M | 0.04% |
1,477,300
-769,800
| -34% | -$44.6M |
|
396
PUT
Charter Communications
CHTR
$17.9B
| $85.9M | 0.04% |
469,200
-106,400
| -18% | -$19.7M |
|
397
PUT
GoPro
GPRO
$111M
| $85.9M | 0.04% |
4,770,100
-360,000
| -7% | -$8.36M |
|
|
FIT
398
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $85.3M | 0.04% |
2,882,900
+1,242,800
| +76% | +$41.1M |
|
399
United Parcel Service
UPS
$87.4B
| $85.3M | 0.04% |
886,339
+317,149
| +56% | +$32.4M |
|
400
CALL
Las Vegas Sands
LVS
$30.4B
| $84.8M | 0.04% |
1,933,700
-376,900
| -16% | -$17.1M |
|
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.