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 | |
|---|---|---|---|---|---|---|
76
PUT
Transocean
RIG
$6.61B
| $451M | 0.19% |
34,869,800
+27,118,100
| +350% | +$376M |
|
77
PUT
IBM
IBM
$222B
| $447M | 0.19% |
3,226,492
+520,595
| +19% | +$76.9M |
|
78
CALL
Microsoft
MSFT
$3.59T
| $444M | 0.19% |
10,034,700
+56,700
| +0.6% | +$2.55M |
|
79
PUT
Caterpillar
CAT
$381B
| $431M | 0.19% |
6,592,000
+2,324,000
| +54% | +$178M |
|
80
PUT
Chevron
CVX
$403B
| $430M | 0.19% |
5,450,300
+1,870,100
| +52% | +$157M |
|
81
CALL
McDonald's
MCD
$192B
| $427M | 0.18% |
4,337,800
+2,707,700
| +166% | +$264M |
|
82
PUT
Micron Technology
MU
$1.09T
| $423M | 0.18% |
28,229,200
+3,844,300
| +16% | +$66.1M |
|
83
PUT
Walmart Inc
WMT
$825B
| $421M | 0.18% |
19,467,600
+1,014,000
| +5% | +$23.3M |
|
84
CALL
Kinder Morgan
KMI
$69B
| $417M | 0.18% |
15,077,700
+66,600
| +0.4% | +$2.21M |
|
85
PUT
Procter & Gamble
PG
$336B
| $409M | 0.18% |
5,686,500
+2,358,200
| +71% | +$177M |
|
|
AGN
86
CALL
DELISTED
Allergan plc
AGN
| $406M | 0.18% |
1,494,300
+540,700
| +57% | +$166M |
|
87
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $406M | 0.18% |
2,495,200
+256,800
| +11% | +$43.8M |
|
88
Netflix
NFLX
$331B
| $406M | 0.18% |
39,279,150
+10,549,820
| +37% | +$113M |
|
89
PUT
AT&T
T
$173B
| $400M | 0.17% |
16,250,511
-1,268,260
| -7% | -$32.3M |
|
90
PUT
ExxonMobil
XOM
$679B
| $396M | 0.17% |
5,331,000
+1,902,600
| +55% | +$147M |
|
91
CALL
Johnson & Johnson
JNJ
$651B
| $396M | 0.17% |
4,238,000
+621,100
| +17% | +$60.1M |
|
|
WBA
92
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $389M | 0.17% |
4,681,400
+690,500
| +17% | +$62.4M |
|
93
CALL
Cisco
CSCO
$438B
| $388M | 0.17% |
14,793,300
+5,209,100
| +54% | +$141M |
|
94
CALL
Coca-Cola
KO
$392B
| $379M | 0.16% |
9,449,500
+3,520,400
| +59% | +$141M |
|
95
PUT
American Express
AXP
$227B
| $378M | 0.16% |
5,100,300
+68,200
| +1% | +$5.25M |
|
96
CALL
Bank of America
BAC
$431B
| $376M | 0.16% |
24,107,700
+3,028,000
| +14% | +$50.9M |
|
97
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $375M | 0.16% |
5
+2
| +67% | +$107M |
|
98
CALL
Wells Fargo
WFC
$254B
| $374M | 0.16% |
7,274,200
+1,482,800
| +26% | +$81.5M |
|
|
99
iShares Russell 2000 ETF
IWM
$81.9B
| $367M | 0.16% |
3,363,066
-2,291,973
| -41% | -$272M |
|
|
100
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $365M | 0.16% |
5
+1
| +25% | +$53.6M |
|
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.