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 | |
|---|---|---|---|---|---|---|
426
PUT
Capri Holdings
CPRI
$1.56B
| $80.5M | 0.04% |
2,009,900
-228,900
| -10% | -$9.43M |
|
427
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.3B
| $80M | 0.04% |
1,111,000
-198,000
| -15% | -$14M |
|
|
RSX
428
PUT
DELISTED
VanEck Russia ETF
RSX
| $79.5M | 0.04% |
5,429,800
+1,674,800
| +45% | +$27.4M |
|
429
CALL
Perrigo
PRGO
$1.98B
| $79.5M | 0.04% |
549,100
-39,800
| -7% | -$6.12M |
|
430
PUT
First Solar
FSLR
$22.6B
| $79.3M | 0.04% |
1,202,000
-1,114,900
| -48% | -$62.5M |
|
431
Johnson & Johnson
JNJ
$658B
| $79.1M | 0.04% |
770,201
-856,891
| -53% | -$86.2M |
|
432
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $79.1M | 0.04% |
743,100
-189,700
| -20% | -$20.4M |
|
433
Danaher
DHR
$151B
| $79M | 0.04% |
1,265,623
+366,508
| +41% | +$22.9M |
|
434
CALL
Williams Companies
WMB
$87.2B
| $79M | 0.04% |
3,073,000
-3,150,200
| -51% | -$110M |
|
|
ETP
435
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $78.9M | 0.04% |
2,339,900
+857,900
| +58% | +$33.7M |
|
436
CALL
Medtronic
MDT
$119B
| $78.6M | 0.04% |
1,021,500
-139,700
| -12% | -$10.5M |
|
437
CALL
Humana
HUM
$45.9B
| $78.2M | 0.04% |
438,300
-1,100
| -0.3% | -$193K |
|
438
CALL
Southwest Airlines
LUV
$19.8B
| $77.5M | 0.04% |
1,799,200
-58,800
| -3% | -$2.6M |
|
439
PUT
Monster Beverage
MNST
$95.7B
| $77.4M | 0.04% |
6,231,600
-1,995,600
| -24% | -$24.1M |
|
440
CALL
BlackBerry
BB
$4.51B
| $77.2M | 0.04% |
8,319,500
+520,000
| +7% | +$4M |
|
441
CALL
Macy's
M
$6.08B
| $77.2M | 0.04% |
2,206,200
+1,479,800
| +204% | +$64.1M |
|
442
PUT
Illumina
ILMN
$33B
| $75.8M | 0.04% |
405,957
-73,502
| -15% | -$11.9M |
|
|
XLNX
443
CALL
DELISTED
Xilinx Inc
XLNX
| $75.7M | 0.03% |
1,610,700
-82,300
| -5% | -$3.89M |
|
444
CALL
VanEck Gold Miners ETF
GDX
$31.9B
| $75M | 0.03% |
5,469,200
-125,200
| -2% | -$1.82M |
|
445
CALL
American Express
AXP
$228B
| $74.8M | 0.03% |
1,076,100
-566,000
| -34% | -$41.2M |
|
446
CALL
Baxter International
BAX
$13.5B
| $74.7M | 0.03% |
1,959,200
+408,600
| +26% | +$14.9M |
|
|
447
CALL
Capri Holdings
CPRI
$1.56B
| $74.6M | 0.03% |
1,862,400
-1,133,300
| -38% | -$46.7M |
|
448
CALL
Ulta Beauty
ULTA
$23B
| $74.3M | 0.03% |
401,800
+145,900
| +57% | +$25.2M |
|
449
PUT
3M
MMM
$92B
| $74.3M | 0.03% |
590,106
-1,840,046
| -76% | -$237M |
|
450
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.28B
| $74.1M | 0.03% |
2,333,400
-372,800
| -14% | -$12.8M |
|
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.