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 | |
|---|---|---|---|---|---|---|
601
CALL
HF Sinclair
DINO
$16.9B
| $59.5M | 0.03% |
1,394,700
-96,500
| -6% | -$3.9M |
|
602
Tapestry
TPR
$26.3B
| $59.5M | 0.03% |
1,718,011
+629,460
| +58% | +$24.1M |
|
603
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.8B
| $59.3M | 0.03% |
941,494
+910,185
| +2,907% | +$60.7M |
|
|
BLUE
604
PUT
DELISTED
bluebird bio
BLUE
| $59.2M | 0.03% |
27,167
+5,929
| +28% | +$12.1M |
|
605
CALL
Vodafone
VOD
$36.9B
| $59.2M | 0.03% |
1,624,800
-833,800
| -34% | -$30M |
|
606
RH
RH
$2.73B
| $59.2M | 0.03% |
606,451
+379,422
| +167% | +$35M |
|
|
ETP
607
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $59.1M | 0.03% |
1,131,400
+273,600
| +32% | +$15.3M |
|
608
Vale
VALE
$63.7B
| $58.7M | 0.03% |
9,968,302
+7,299,804
| +274% | +$48.9M |
|
|
CXO
609
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $58.6M | 0.02% |
514,500
+118,600
| +30% | +$14.4M |
|
610
PUT
HSBC
HSBC
$357B
| $58.5M | 0.02% |
1,466,380
-716,136
| -33% | -$29.8M |
|
611
iShares Core MSCI EAFE ETF
IEFA
$195B
| $58.5M | 0.02% |
1,003,991
+998,347
| +17,689% | +$60.7M |
|
612
CALL
Diageo
DEO
$53.5B
| $58.4M | 0.02% |
503,200
+96,800
| +24% | +$11M |
|
|
ALXN
613
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $58.3M | 0.02% |
322,400
+162,200
| +101% | +$28M |
|
|
ETFC
614
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $58.1M | 0.02% |
1,939,700
+599,500
| +45% | +$17.6M |
|
615
Union Pacific
UNP
$183B
| $57.7M | 0.02% |
604,589
-63,100
| -9% | -$6.58M |
|
616
Outfront Media
OUT
$5.31B
| $57.5M | 0.02% |
2,313,521
-873,509
| -27% | -$24M |
|
617
Humana
HUM
$46.3B
| $57.4M | 0.02% |
299,985
+250,083
| +501% | +$46.4M |
|
618
iShares Biotechnology ETF
IBB
$10.7B
| $57.3M | 0.02% |
465,945
+67,797
| +17% | +$8.12M |
|
619
CALL
Thermo Fisher Scientific
TMO
$232B
| $57.3M | 0.02% |
441,300
+79,600
| +22% | +$10.4M |
|
620
PUT
BlackBerry
BB
$4.52B
| $56.6M | 0.02% |
6,925,100
+2,178,900
| +46% | +$21.1M |
|
|
VMW
621
PUT
DELISTED
VMware, Inc
VMW
| $56.6M | 0.02% |
659,900
-169,400
| -20% | -$14.8M |
|
|
RHT
622
CALL
DELISTED
Red Hat Inc
RHT
| $55.7M | 0.02% |
733,600
+346,400
| +89% | +$26.6M |
|
623
PUT
iShares Silver Trust
SLV
$33.3B
| $55.6M | 0.02% |
3,702,000
+195,900
| +6% | +$3.07M |
|
624
CALL
Norfolk Southern
NSC
$79B
| $55.4M | 0.02% |
633,800
-186,900
| -23% | -$18.2M |
|
625
CALL
Simon Property Group
SPG
$71.3B
| $55M | 0.02% |
317,800
-78,000
| -20% | -$14.3M |
|
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.