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 | |
|---|---|---|---|---|---|---|
451
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $74M | 0.03% |
530,500
+371,100
| +233% | +$52.6M |
|
452
PUT
McKesson
MCK
$102B
| $73.8M | 0.03% |
374,300
-233,800
| -38% | -$44.1M |
|
|
CMA
453
DELISTED
Comerica
CMA
| $73.3M | 0.03% |
1,751,886
+1,164,950
| +198% | +$50.9M |
|
454
AbbVie
ABBV
$466B
| $73.2M | 0.03% |
1,235,809
-789,181
| -39% | -$45.5M |
|
455
Williams Companies
WMB
$86.7B
| $72.4M | 0.03% |
2,818,241
-188,848
| -6% | -$6.6M |
|
456
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $71.5M | 0.03% |
2,361,712
-1,750,530
| -43% | -$57.6M |
|
|
VXX
457
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $71.4M | 0.03% |
221,626
+107,112
| +94% | +$34.1M |
|
458
PUT
Perrigo
PRGO
$1.97B
| $71.3M | 0.03% |
492,900
-84,700
| -15% | -$13M |
|
459
Las Vegas Sands
LVS
$30.4B
| $71.2M | 0.03% |
1,625,205
-1,017,319
| -38% | -$46.3M |
|
460
iShares MSCI Brazil ETF
EWZ
$8.07B
| $70.8M | 0.03% |
3,424,482
+987,218
| +41% | +$23M |
|
|
ALXN
461
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $70.8M | 0.03% |
371,200
+92,700
| +33% | +$16.2M |
|
|
EA
462
CALL
DELISTED
Electronic Arts
EA
| $70.6M | 0.03% |
1,028,000
+414,000
| +67% | +$29M |
|
|
HOT
463
PUT
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $70.6M | 0.03% |
1,019,200
-784,700
| -44% | -$56M |
|
464
McDonald's
MCD
$193B
| $70.6M | 0.03% |
597,397
-68,692
| -10% | -$7.68M |
|
465
CALL
BioMarin Pharmaceuticals
BMRN
$12.6B
| $70.4M | 0.03% |
672,200
+115,500
| +21% | +$12.1M |
|
466
Comcast
CMCSA
$95.9B
| $70.3M | 0.03% |
2,492,896
-3,382,014
| -58% | -$102M |
|
467
CALL
Advance Auto Parts
AAP
$2.59B
| $70.3M | 0.03% |
467,200
+260,500
| +126% | +$45.2M |
|
468
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $70.2M | 0.03% |
1,401,933
-432,480
| -24% | -$23M |
|
469
PUT
State Street Technology Select Sector SPDR ETF
XLK
$118B
| $70.1M | 0.03% |
3,273,200
+412,600
| +14% | +$8.88M |
|
|
JNPR
470
CALL
DELISTED
Juniper Networks
JNPR
| $69.9M | 0.03% |
2,534,000
+1,007,100
| +66% | +$29.8M |
|
471
CALL
Colgate-Palmolive
CL
$73.4B
| $69.7M | 0.03% |
1,046,400
+117,200
| +13% | +$7.8M |
|
472
PUT
RTX Corp
RTX
$281B
| $69.1M | 0.03% |
1,142,491
-388,987
| -25% | -$23.5M |
|
473
PUT
Cummins
CMI
$78.7B
| $69.1M | 0.03% |
784,600
-192,200
| -20% | -$19.2M |
|
474
CALL
MPLX
MPLX
$59.2B
| $69M | 0.03% |
1,755,600
+1,738,700
| +10,288% | +$65.6M |
|
475
Mastercard
MA
$525B
| $69M | 0.03% |
708,915
+186,434
| +36% | +$18.3M |
|
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.