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 | |
|---|---|---|---|---|---|---|
|
VMW
601
CALL
DELISTED
VMware, Inc
VMW
| $49.6M | 0.02% |
876,100
+284,500
| +48% | +$17.7M |
|
|
P
602
CALL
DELISTED
Pandora Media Inc
P
| $49.6M | 0.02% |
3,695,500
+872,900
| +31% | +$13M |
|
603
Corning
GLW
$127B
| $49.2M | 0.02% |
2,688,782
+249,968
| +10% | +$4.53M |
|
|
SCHW
604
CALL
Charles Schwab
SCHW
$194B
| $49.1M | 0.02% |
1,490,800
+1,146,700
| +333% | +$36.3M |
|
|
CBI
605
DELISTED
Chicago Bridge & Iron Nv
CBI
| $49.1M | 0.02% |
1,259,007
+538,282
| +75% | +$22.4M |
|
606
PUT
Kimberly-Clark
KMB
$36.9B
| $49.1M | 0.02% |
385,500
-33,700
| -8% | -$4.05M |
|
|
ALXN
607
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $48.9M | 0.02% |
256,100
-412,700
| -62% | -$72.1M |
|
608
PUT
Vale
VALE
$65.2B
| $48.6M | 0.02% |
14,771,300
-1,673,100
| -10% | -$6.68M |
|
|
IOC
609
CALL
DELISTED
Interoil Corporation
IOC
| $48.4M | 0.02% |
1,541,300
-3,000
| -0.2% | -$110K |
|
610
Union Pacific
UNP
$184B
| $48.4M | 0.02% |
618,995
+121,966
| +25% | +$10.5M |
|
611
CALL
Workday
WDAY
$48B
| $48.4M | 0.02% |
606,900
-108,000
| -15% | -$8.64M |
|
612
iShares US Real Estate ETF
IYR
$4.67B
| $48.1M | 0.02% |
639,970
+205,374
| +47% | +$15.3M |
|
|
PNRA
613
CALL
DELISTED
Panera Bread Co
PNRA
| $47.9M | 0.02% |
246,000
-49,200
| -17% | -$9.13M |
|
614
PUT
HSBC
HSBC
$358B
| $47.9M | 0.02% |
1,361,326
-441,092
| -24% | -$15.6M |
|
|
MNDT
615
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $47.8M | 0.02% |
2,303,851
+587,618
| +34% | +$14.7M |
|
|
PXD
616
DELISTED
Pioneer Natural Resource Co.
PXD
| $47.8M | 0.02% |
380,977
+106,376
| +39% | +$14.6M |
|
617
PUT
Royal Bank of Canada
RY
$288B
| $47.7M | 0.02% |
889,900
+63,500
| +8% | +$3.56M |
|
618
PUT
Dollar General
DG
$27B
| $47.7M | 0.02% |
663,200
+60,100
| +10% | +$4.08M |
|
619
CALL
Accenture
ACN
$114B
| $47.3M | 0.02% |
452,900
-67,400
| -13% | -$7.11M |
|
620
CALL
PayPal
PYPL
$53.3B
| $47.3M | 0.02% |
1,307,300
+280,100
| +27% | +$9.88M |
|
621
PUT
Cencora
COR
$62.6B
| $47.3M | 0.02% |
456,100
+115,700
| +34% | +$11.4M |
|
|
RAD
622
PUT
DELISTED
Rite Aid Corporation
RAD
| $47.2M | 0.02% |
300,990
+72,000
| +31% | +$10.7M |
|
623
PUT
Incyte
INCY
$26.3B
| $47.2M | 0.02% |
434,900
+100,500
| +30% | +$11.2M |
|
|
VIAB
624
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $46.9M | 0.02% |
1,140,600
-236,400
| -17% | -$11.1M |
|
625
CALL
Bath & Body Works
BBWI
$3.54B
| $46.9M | 0.02% |
605,759
+379,512
| +168% | +$29.4M |
|
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.