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 | |
|---|---|---|---|---|---|---|
476
PUT
APA Corp
APA
$15.2B
| $81.4M | 0.03% |
1,412,400
+59,100
| +4% | +$3.72M |
|
|
MBLY
477
PUT
DELISTED
Mobileye N.V.
MBLY
| $81.2M | 0.03% |
1,509,000
-387,700
| -20% | -$18.4M |
|
478
PUT
Southwest Airlines
LUV
$19.8B
| $80.7M | 0.03% |
2,438,200
+1,220,700
| +100% | +$47.7M |
|
479
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $80.6M | 0.03% |
1,083,900
+7,900
| +0.7% | +$585K |
|
480
PUT
TripAdvisor
TRIP
$1.17B
| $80.5M | 0.03% |
923,500
+399,400
| +76% | +$32.5M |
|
481
Under Armour
UAA
$2.32B
| $80.3M | 0.03% |
1,925,548
+1,430,122
| +289% | +$57.9M |
|
|
KRFT
482
PUT
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $79.5M | 0.03% |
933,500
-348,400
| -27% | -$30M |
|
|
DTV
483
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
| $79.1M | 0.03% |
852,700
+203,800
| +31% | +$18.4M |
|
484
PUT
Trip.com Group
TCOM
$29B
| $79M | 0.03% |
2,174,600
-537,400
| -20% | -$18.8M |
|
485
PUT
Vodafone
VOD
$36.9B
| $78.2M | 0.03% |
2,146,000
+297,300
| +16% | +$10.7M |
|
486
CALL
BioMarin Pharmaceuticals
BMRN
$12.9B
| $78.1M | 0.03% |
570,700
+267,900
| +88% | +$33.2M |
|
|
PNRA
487
PUT
DELISTED
Panera Bread Co
PNRA
| $78M | 0.03% |
446,100
+54,000
| +14% | +$9.7M |
|
488
PUT
Prudential Financial
PRU
$41.8B
| $76.7M | 0.03% |
876,400
-226,700
| -21% | -$19.2M |
|
489
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $76.6M | 0.03% |
1,339,800
-603,600
| -31% | -$35M |
|
490
CALL
ConocoPhillips
COP
$162B
| $76.4M | 0.03% |
1,244,400
-594,500
| -32% | -$38.7M |
|
491
Merck
MRK
$376B
| $76.3M | 0.03% |
1,404,841
+619,622
| +79% | +$34.8M |
|
492
PUT
Charter Communications
CHTR
$17.9B
| $76.2M | 0.03% |
444,900
+415,600
| +1,418% | +$74.7M |
|
493
CALL
HP
HPQ
$27.2B
| $76.2M | 0.03% |
5,590,217
-17,396
| -0.3% | -$258K |
|
494
Applied Materials
AMAT
$391B
| $76.2M | 0.03% |
3,963,215
-767,535
| -16% | -$15.8M |
|
495
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$414M
| $75.3M | 0.03% |
133,352
+92,706
| +228% | +$53.1M |
|
496
Vanguard FTSE Europe ETF
VGK
$31.2B
| $74.4M | 0.03% |
1,378,541
+523,867
| +61% | +$29.6M |
|
497
CALL
3D Systems Corp
DDD
$530M
| $74.3M | 0.03% |
3,771,300
-424,300
| -10% | -$10.2M |
|
498
United Airlines
UAL
$36.7B
| $74.3M | 0.03% |
1,400,998
+1,085,935
| +345% | +$62.9M |
|
499
CALL
Freeport-McMoran
FCX
$110B
| $74.2M | 0.03% |
3,986,700
+374,200
| +10% | +$7.73M |
|
500
CALL
CSX Corp
CSX
$95.6B
| $74.2M | 0.03% |
6,818,400
+2,163,000
| +46% | +$25.1M |
|
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.