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 | |
|---|---|---|---|---|---|---|
776
Deere & Co
DE
$170B
| $34.7M | 0.02% |
455,191
+13,945
| +3% | +$1.08M |
|
777
PUT
T-Mobile US
TMUS
$195B
| $34.6M | 0.02% |
884,800
-144,000
| -14% | -$5.56M |
|
778
PUT
US Bancorp
USB
$97.2B
| $34.6M | 0.02% |
811,000
-206,300
| -20% | -$8.82M |
|
779
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.87B
| $34.6M | 0.02% |
646,943
+407,026
| +170% | +$22.7M |
|
780
PUT
Capital One
COF
$133B
| $34.5M | 0.02% |
478,500
-18,600
| -4% | -$1.42M |
|
781
CALL
Energy Transfer Partners
ET
$72.4B
| $34.5M | 0.02% |
2,510,300
+1,017,400
| +68% | +$19M |
|
|
PARA
782
DELISTED
Paramount Global Class B
PARA
| $34.5M | 0.02% |
731,693
-905,723
| -55% | -$42.5M |
|
783
PUT
Acadia Pharmaceuticals
ACAD
$5.27B
| $34.4M | 0.02% |
965,500
+106,500
| +12% | +$3.75M |
|
784
CALL
Ciena
CIEN
$54.9B
| $34.4M | 0.02% |
1,661,500
-232,900
| -12% | -$5.35M |
|
785
PUT
Canadian Solar
CSIQ
$970M
| $34.2M | 0.02% |
1,182,600
-220,500
| -16% | -$5.08M |
|
|
JCP
786
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $34.2M | 0.02% |
5,135,900
+784,700
| +18% | +$6.55M |
|
|
DFS
787
CALL
DELISTED
Discover Financial Services
DFS
| $34.1M | 0.02% |
635,500
-103,700
| -14% | -$5.75M |
|
|
ATHN
788
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $34M | 0.02% |
211,200
-16,000
| -7% | -$2.47M |
|
|
NBIS
789
PUT
Nebius Group N.V.
NBIS
$60.3B
| $34M | 0.02% |
2,161,300
+167,700
| +8% | +$2.51M |
|
790
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $33.9M | 0.02% |
1,037,400
-193,400
| -16% | -$6.66M |
|
791
PUT
Adobe
ADBE
$109B
| $33.7M | 0.02% |
359,000
-314,700
| -47% | -$28.3M |
|
792
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $33.7M | 0.02% |
193,624
-66,802
| -26% | -$11.7M |
|
|
HES
793
CALL
DELISTED
Hess
HES
| $33.6M | 0.02% |
693,400
-152,600
| -18% | -$8.66M |
|
794
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $33.5M | 0.02% |
1,687,800
+664,400
| +65% | +$13.2M |
|
795
Under Armour
UAA
$2.2B
| $33.5M | 0.02% |
830,182
+808,638
| +3,753% | +$36.9M |
|
|
VMW
796
DELISTED
VMware, Inc
VMW
| $33.4M | 0.02% |
590,585
-68,315
| -10% | -$4.25M |
|
797
CALL
Welltower
WELL
$174B
| $33.4M | 0.02% |
490,900
+117,600
| +32% | +$7.68M |
|
|
VALE.P
798
DELISTED
Vale S A
VALE.P
| $33.4M | 0.02% |
13,090,251
+1,585,217
| +14% | +$5.13M |
|
799
Eli Lilly
LLY
$1.1T
| $33.3M | 0.02% |
395,527
-168,703
| -30% | -$14M |
|
800
CALL
TJX Companies
TJX
$154B
| $33.3M | 0.02% |
938,800
-600,800
| -39% | -$21.4M |
|
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.