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 | |
|---|---|---|---|---|---|---|
|
TIF
501
PUT
DELISTED
Tiffany & Co.
TIF
| $63.4M | 0.03% |
830,500
+438,400
| +112% | +$34.2M |
|
502
PUT
Phillips 66
PSX
$96.5B
| $63.2M | 0.03% |
773,000
-140,700
| -15% | -$12.1M |
|
|
B
503
Barrick Mining
B
$79.3B
| $63.2M | 0.03% |
8,566,990
-1,831,809
| -18% | -$13.7M |
|
|
MNK
504
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $63.1M | 0.03% |
845,300
+168,800
| +25% | +$11.4M |
|
505
PUT
Energy Transfer Partners
ET
$72.6B
| $62.9M | 0.03% |
4,575,700
+344,800
| +8% | +$6.44M |
|
|
ETP
506
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $62.9M | 0.03% |
1,863,800
+287,200
| +18% | +$11.3M |
|
|
507
CALL
Phillips 66
PSX
$96.5B
| $62.7M | 0.03% |
766,500
-749,800
| -49% | -$64.7M |
|
508
Costco
COST
$431B
| $62.7M | 0.03% |
388,113
-560,393
| -59% | -$88.6M |
|
509
PUT
Petrobras
PBR
$120B
| $62.3M | 0.03% |
14,477,500
+1,651,200
| +13% | +$8.03M |
|
|
P
510
DELISTED
Pandora Media Inc
P
| $62.1M | 0.03% |
4,631,274
+2,039,332
| +79% | +$30.4M |
|
511
CALL
GSK
GSK
$104B
| $62.1M | 0.03% |
1,230,800
-170,160
| -12% | -$8.67M |
|
512
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $62M | 0.03% |
2,216,300
-1,385,200
| -38% | -$48.1M |
|
513
CALL
Vodafone
VOD
$36.9B
| $61.9M | 0.03% |
1,918,100
-17,500
| -0.9% | -$571K |
|
514
CALL
United Rentals
URI
$67.4B
| $61.8M | 0.03% |
852,000
-305,300
| -26% | -$22.1M |
|
515
PUT
Ulta Beauty
ULTA
$23.2B
| $61.8M | 0.03% |
333,800
+115,300
| +53% | +$19.9M |
|
516
CALL
Prudential Financial
PRU
$42.3B
| $61.7M | 0.03% |
757,300
+54,100
| +8% | +$4.47M |
|
|
WFM
517
DELISTED
Whole Foods Market Inc
WFM
| $61.4M | 0.03% |
1,832,525
+33,924
| +2% | +$1.08M |
|
518
CALL
Blackstone
BX
$108B
| $61.3M | 0.03% |
2,097,700
-713,212
| -25% | -$22.7M |
|
519
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $61.3M | 0.03% |
580,900
+369,500
| +175% | +$39.4M |
|
520
CALL
Transocean
RIG
$6.44B
| $61.2M | 0.03% |
4,943,000
-397,500
| -7% | -$5.73M |
|
|
521
PUT
United Rentals
URI
$67.4B
| $61.2M | 0.03% |
843,000
-188,500
| -18% | -$13.6M |
|
522
AutoZone
AZO
$49.1B
| $61.1M | 0.03% |
82,315
+9,103
| +12% | +$6.95M |
|
523
PUT
Philip Morris
PM
$298B
| $60.8M | 0.03% |
692,000
-338,600
| -33% | -$29.4M |
|
524
CALL
American Tower
AMT
$83.1B
| $60.4M | 0.03% |
623,100
-206,800
| -25% | -$20.2M |
|
525
MetLife
MET
$61.1B
| $60.3M | 0.03% |
1,402,584
-153,040
| -10% | -$6.73M |
|
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.