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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.29B |
| 2 |
DuPont de Nemours
DD
|
+$781M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$331M |
| 4 |
Walt Disney
DIS
|
+$311M |
| 5 |
NETSCOUT
NTCT
|
+$239M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$287M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$272M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$195M |
| 4 |
Alibaba
BABA
|
+$179M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.94% |
| 2 | Communication Services | 1.6% |
| 3 | Financials | 1.54% |
| 4 | Healthcare | 1.45% |
| 5 | Consumer Discretionary | 1.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
CALL
YPF Sociedad Anonima ADS
YPF
$20.1B
| $36.6M | 0.02% |
2,404,400
+524,300
| +28% | +$11.7M |
|
802
HSBC
HSBC
$357B
| $36.5M | 0.02% |
1,082,924
+190,086
| +21% | +$7.11M |
|
803
PUT
Duke Energy
DUK
$95.1B
| $36.5M | 0.02% |
507,400
+88,000
| +21% | +$6.37M |
|
804
PUT
Ralph Lauren
RL
$22.1B
| $36.5M | 0.02% |
308,900
-74,200
| -19% | -$8.81M |
|
805
PUT
iShares Silver Trust
SLV
$33.5B
| $36.5M | 0.02% |
2,612,000
-1,090,000
| -29% | -$15.5M |
|
806
PUT
F5
FFIV
$21.5B
| $36.4M | 0.02% |
314,300
-115,100
| -27% | -$14.1M |
|
|
VIAB
807
DELISTED
Viacom Inc. Class B
VIAB
| $36.3M | 0.02% |
841,078
+367,435
| +78% | +$18.2M |
|
808
PUT
Melco Resorts & Entertainment
MLCO
$2.08B
| $36.3M | 0.02% |
2,635,800
-467,700
| -15% | -$9.01M |
|
809
PUT
Northrop Grumman
NOC
$78B
| $36.1M | 0.02% |
217,600
-6,500
| -3% | -$1.09M |
|
|
ICPT
810
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $36.1M | 0.02% |
217,637
+90,039
| +71% | +$19.8M |
|
811
PUT
Capital One
COF
$133B
| $36M | 0.02% |
497,100
+309,500
| +165% | +$24.9M |
|
812
MGM Resorts International
MGM
$11B
| $35.9M | 0.02% |
1,947,308
+164,850
| +9% | +$3.29M |
|
813
Home Depot
HD
$336B
| $35.8M | 0.02% |
309,853
-554,511
| -64% | -$64.1M |
|
814
PUT
Ulta Beauty
ULTA
$23.2B
| $35.7M | 0.02% |
218,500
-6,300
| -3% | -$1.04M |
|
815
CALL
CNX Resources
CNX
$5.4B
| $35.6M | 0.02% |
4,360,920
+998,400
| +30% | +$12.4M |
|
816
PUT
Southwest Airlines
LUV
$19.9B
| $35.6M | 0.02% |
934,900
-1,503,300
| -62% | -$55.5M |
|
817
CALL
Darden Restaurants
DRI
$25.6B
| $35M | 0.02% |
571,317
-53,361
| -9% | -$3.39M |
|
818
CALL
Vipshop
VIPS
$6.88B
| $34.9M | 0.02% |
2,076,700
-9,300
| -0.4% | -$179K |
|
819
CALL
W.W. Grainger
GWW
$62.3B
| $34.8M | 0.02% |
161,900
+139,200
| +613% | +$31.3M |
|
820
PUT
3D Systems Corp
DDD
$518M
| $34.8M | 0.02% |
3,009,900
-2,234,200
| -43% | -$31M |
|
821
CALL
Truist Financial
TFC
$62.1B
| $34.7M | 0.02% |
974,200
-267,700
| -22% | -$10.3M |
|
822
PUT
Travelers Companies
TRV
$77.3B
| $34.7M | 0.02% |
348,200
+180,900
| +108% | +$18.5M |
|
823
CALL
Edgewell Personal Care
EPC
$1.31B
| $34.6M | 0.01% |
+423,600
| New | +$38.3M |
|
824
PUT
The Mosaic Company
MOS
$7.63B
| $34.5M | 0.01% |
1,110,100
+194,300
| +21% | +$8.02M |
|
825
PUT
iShares MSCI Australia ETF
EWA
$1.34B
| $34.5M | 0.01% |
1,923,700
+793,200
| +70% | +$15.5M |
|
Similar funds
Jeff Yass's Q3 2015 Portfolio in Review
As of Q3 2015, Jeff Yass held 11,075 positions worth $231B, down 1.7% from $235B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass deployed $20.5B of net new capital in Q3 2015, opening 1,028 new positions and adding to 4,038 existing holdings. Its largest new stake was PayPal: 1,385,778 shares worth $43M.
By sector, the portfolio is most concentrated in Technology at 2.9% of assets, down from 3.1% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Meta Platforms (Facebook), an estimated $287M trimmed.
- Jeff Yass's largest Q3 2015 buy was PayPal: 1,385,778 shares worth $43M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q3 2015, an estimated $1.29B increase.
- Jeff Yass's biggest Q3 2015 reduction was Meta Platforms (Facebook), cutting an estimated $287M.
- Jeff Yass fully exited CATAMARAN CORP COM STK (CDA) in Q3 2015, selling an estimated $41.7M.
- Jeff Yass's ten largest holdings make up 25% of its $231B portfolio in Q3 2015.
- Jeff Yass opened 1,028 new positions and closed 1,500 in Q3 2015.
- Jeff Yass's portfolio value fell 1.7% quarter-over-quarter to $231B.
Based on Susquehanna International Group's 13F filing for Q3 2015, filed 16 Nov 2015.