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 | |
|---|---|---|---|---|---|---|
1001
Travelers Companies
TRV
$77.3B
| $29.3M | 0.01% |
303,185
-85,919
| -22% | -$8.8M |
|
1002
CALL
Opko Health
OPK
$1.1B
| $29.2M | 0.01% |
1,815,300
+1,220,300
| +205% | +$19M |
|
1003
PUT
Emerson Electric
EMR
$87.9B
| $29.1M | 0.01% |
525,700
+55,100
| +12% | +$3.24M |
|
1004
PUT
iShares MSCI South Korea ETF
EWY
$27B
| $29.1M | 0.01% |
528,000
+322,200
| +157% | +$18.9M |
|
1005
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.3B
| $29.1M | 0.01% |
570,101
+549,399
| +2,654% | +$28.6M |
|
|
INVN
1006
PUT
DELISTED
Invensense Inc
INVN
| $29.1M | 0.01% |
1,925,700
-56,700
| -3% | -$856K |
|
|
CHL
1007
PUT
DELISTED
China Mobile Limited
CHL
| $29M | 0.01% |
453,000
+144,100
| +47% | +$9.84M |
|
1008
PUT
Fluor
FLR
$6.86B
| $28.9M | 0.01% |
545,200
+56,400
| +12% | +$3.26M |
|
|
TIF
1009
CALL
DELISTED
Tiffany & Co.
TIF
| $28.9M | 0.01% |
314,700
+115,100
| +58% | +$10.3M |
|
1010
CALL
Jazz Pharmaceuticals
JAZZ
$16.5B
| $28.8M | 0.01% |
163,600
-22,600
| -12% | -$4.06M |
|
1011
PUT
Helmerich & Payne
HP
$4.25B
| $28.8M | 0.01% |
408,600
+186,700
| +84% | +$13.8M |
|
1012
CALL
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.6M
| $28.8M | 0.01% |
372,700
+330,300
| +779% | +$25.7M |
|
1013
CALL
Macy's
M
$6.1B
| $28.7M | 0.01% |
425,600
-391,400
| -48% | -$26.5M |
|
1014
CALL
Lumen
LUMN
$5.85B
| $28.7M | 0.01% |
975,700
-296,800
| -23% | -$10.1M |
|
|
KSU
1015
PUT
DELISTED
Kansas City Southern
KSU
| $28.7M | 0.01% |
314,300
+106,000
| +51% | +$10.5M |
|
|
JCP
1016
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $28.6M | 0.01% |
3,380,400
+281,200
| +9% | +$2.43M |
|
1017
PUT
ProShares UltraPro QQQ
TQQQ
$34.7B
| $28.6M | 0.01% |
12,888,000
+4,780,800
| +59% | +$11.1M |
|
1018
CALL
Microchip Technology
MCHP
$40.3B
| $28.3M | 0.01% |
1,194,600
+782,800
| +190% | +$19M |
|
1019
CALL
MGIC Investment
MTG
$6.38B
| $28.3M | 0.01% |
2,487,800
+359,500
| +17% | +$3.84M |
|
1020
PUT
W.W. Grainger
GWW
$62.3B
| $28.3M | 0.01% |
119,400
+24,000
| +25% | +$5.82M |
|
1021
CALL
InterDigital
IDCC
$8.8B
| $28.2M | 0.01% |
496,400
+59,700
| +14% | +$3.33M |
|
|
CRR
1022
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $28.2M | 0.01% |
660,600
+433,100
| +190% | +$17.5M |
|
|
LVLT
1023
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $28.2M | 0.01% |
534,900
+129,400
| +32% | +$7.09M |
|
|
CLVS
1024
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $28.1M | 0.01% |
319,400
+179,400
| +128% | +$15.4M |
|
|
QUNR
1025
CALL
DELISTED
Qunar Cayman Islands Limited
QUNR
| $28M | 0.01% |
653,900
+616,200
| +1,634% | +$28.9M |
|
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.