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 | |
|---|---|---|---|---|---|---|
|
TIF
1001
CALL
DELISTED
Tiffany & Co.
TIF
| $23.9M | 0.01% |
313,800
+53,800
| +21% | +$4.2M |
|
1002
State Street SPDR S&P Biotech ETF
XBI
$11.7B
| $23.9M | 0.01% |
341,325
-417,954
| -55% | -$28.5M |
|
1003
Travelers Companies
TRV
$77.5B
| $23.9M | 0.01% |
211,906
-58,695
| -22% | -$6.52M |
|
1004
PUT
NextEra Energy
NEE
$176B
| $23.9M | 0.01% |
920,800
+394,800
| +75% | +$9.99M |
|
1005
CALL
Capital One
COF
$132B
| $23.9M | 0.01% |
331,300
-282,200
| -46% | -$21.6M |
|
|
RSX
1006
CALL
DELISTED
VanEck Russia ETF
RSX
| $23.9M | 0.01% |
1,632,000
-556,500
| -25% | -$9.1M |
|
1007
PUT
MBIA
MBI
$251M
| $23.9M | 0.01% |
3,683,700
+1,702,700
| +86% | +$11.5M |
|
|
EZCH
1008
PUT
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $23.8M | 0.01% |
964,300
+939,800
| +3,836% | +$23.1M |
|
1009
CALL
Harley-Davidson
HOG
$2.86B
| $23.8M | 0.01% |
524,000
+329,300
| +169% | +$16.2M |
|
1010
PUT
Opko Health
OPK
$1.13B
| $23.8M | 0.01% |
2,364,200
-1,080,700
| -31% | -$10.8M |
|
1011
CALL
Strategy Inc
MSTR
$48.6B
| $23.6M | 0.01% |
1,319,000
+826,000
| +168% | +$15M |
|
1012
CALL
Constellation Brands
STZ
$23B
| $23.6M | 0.01% |
166,000
-91,300
| -35% | -$12.6M |
|
|
VIAB
1013
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $23.6M | 0.01% |
573,300
-820,300
| -59% | -$38.5M |
|
1014
PUT
Polaris
PII
$3.63B
| $23.6M | 0.01% |
274,300
+163,800
| +148% | +$17.4M |
|
|
OUTR
1015
PUT
DELISTED
OUTERWALL INC
OUTR
| $23.6M | 0.01% |
644,800
+339,700
| +111% | +$18.9M |
|
1016
PUT
General Mills
GIS
$21.3B
| $23.6M | 0.01% |
408,600
-70,200
| -15% | -$4.04M |
|
|
WCG
1017
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $23.6M | 0.01% |
301,200
+32,900
| +12% | +$2.73M |
|
1018
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$127B
| $23.5M | 0.01% |
719,400
-510,300
| -41% | -$17.6M |
|
1019
CALL
Tapestry
TPR
$26B
| $23.5M | 0.01% |
717,900
-289,300
| -29% | -$9M |
|
|
CXO
1020
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $23.4M | 0.01% |
252,000
+66,900
| +36% | +$7.16M |
|
1021
D.R. Horton
DHI
$42.1B
| $23.4M | 0.01% |
730,234
+592,782
| +431% | +$18.5M |
|
1022
PUT
Community Health Systems
CYH
$413M
| $23.4M | 0.01% |
1,066,494
+581,405
| +120% | +$15M |
|
1023
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $23.4M | 0.01% |
1,177,346
-1,614,342
| -58% | -$32.1M |
|
1024
Vale
VALE
$64.5B
| $23.2M | 0.01% |
7,041,881
+416,831
| +6% | +$1.66M |
|
|
JCP
1025
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $23.1M | 0.01% |
3,475,200
-505,600
| -13% | -$4.22M |
|
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.