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 | |
|---|---|---|---|---|---|---|
401
CALL
Alcoa
AA
$13.2B
| $84.6M | 0.04% |
3,566,792
+1,817,728
| +104% | +$40.6M |
|
|
MBLY
402
CALL
DELISTED
Mobileye N.V.
MBLY
| $84.5M | 0.04% |
1,999,600
-137,700
| -6% | -$6.15M |
|
|
WFM
403
PUT
DELISTED
Whole Foods Market Inc
WFM
| $84.5M | 0.04% |
2,523,200
+10,000
| +0.4% | +$318K |
|
404
PUT
Cigna
CI
$73.6B
| $84.5M | 0.04% |
577,500
-71,500
| -11% | -$9.83M |
|
|
GMCR
405
DELISTED
KEURIG GREEN MTN INC
GMCR
| $84.4M | 0.04% |
937,939
+20,678
| +2% | +$1.28M |
|
|
406
PUT
Alcoa
AA
$13.2B
| $84.3M | 0.04% |
3,556,388
-500,458
| -12% | -$11.2M |
|
407
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.77B
| $84.3M | 0.04% |
697,475
-181,600
| -21% | -$25.9M |
|
|
APC
408
PUT
DELISTED
Anadarko Petroleum
APC
| $84.2M | 0.04% |
1,733,600
+8,100
| +0.5% | +$496K |
|
409
iShare MSCI Eurozone ETF
EZU
$9.94B
| $84.1M | 0.04% |
2,398,982
+1,833,808
| +324% | +$66.3M |
|
|
JOYY
410
PUT
JOYY Inc
JOYY
$3.71B
| $83.4M | 0.04% |
1,335,400
-429,700
| -24% | -$25.6M |
|
|
SINA
411
PUT
DELISTED
Sina Corp
SINA
| $83.2M | 0.04% |
1,685,100
-41,300
| -2% | -$1.99M |
|
|
CBI
412
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $83.2M | 0.04% |
2,134,400
-2,545,100
| -54% | -$106M |
|
413
CALL
Under Armour
UAA
$2.29B
| $83.1M | 0.04% |
2,062,400
-163,000
| -7% | -$7.43M |
|
|
PARA
414
PUT
DELISTED
Paramount Global Class B
PARA
| $83.1M | 0.04% |
1,762,800
-360,500
| -17% | -$16.9M |
|
415
PUT
ProShares UltraPro QQQ
TQQQ
$35B
| $83M | 0.04% |
34,891,200
+8,630,400
| +33% | +$20.5M |
|
|
BHI
416
CALL
DELISTED
Baker Hughes
BHI
| $83M | 0.04% |
1,799,100
+230,600
| +15% | +$11.8M |
|
417
PUT
Freeport-McMoran
FCX
$111B
| $82.9M | 0.04% |
12,239,100
+383,800
| +3% | +$3.66M |
|
|
TWX
418
PUT
DELISTED
Time Warner Inc
TWX
| $82.8M | 0.04% |
1,280,500
+168,600
| +15% | +$11.8M |
|
419
PUT
Devon Energy
DVN
$52.6B
| $82.8M | 0.04% |
2,586,400
+1,431,900
| +124% | +$58.8M |
|
420
CALL
International Paper
IP
$21.8B
| $82.1M | 0.04% |
2,300,496
+585,658
| +34% | +$22.5M |
|
421
PUT
Macy's
M
$6.1B
| $82M | 0.04% |
2,345,300
+1,406,800
| +150% | +$61M |
|
422
CALL
NXP Semiconductors
NXPI
$55.7B
| $82M | 0.04% |
973,200
+63,500
| +7% | +$5.43M |
|
423
CALL
Herbalife
HLF
$1.33B
| $81.8M | 0.04% |
3,051,200
-502,600
| -14% | -$14M |
|
424
CALL
Marathon Petroleum
MPC
$101B
| $81.8M | 0.04% |
1,577,000
+455,900
| +41% | +$23.9M |
|
|
X
425
PUT
DELISTED
US Steel
X
| $81.4M | 0.04% |
10,197,700
+2,139,000
| +27% | +$21M |
|
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.