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 | |
|---|---|---|---|---|---|---|
|
AVB
1126
CALL
DELISTED
AvalonBay Communities
AVB
| $20.2M | 0.01% |
109,600
+29,900
| +38% | +$5.35M |
|
|
GAP
1127
CALL
The Gap Inc
GAP
$7.71B
| $20.2M | 0.01% |
816,300
-204,400
| -20% | -$5.45M |
|
1128
PUT
iShares MSCI Hong Kong ETF
EWH
$1.26B
| $20.2M | 0.01% |
1,012,500
-179,000
| -15% | -$3.62M |
|
1129
CALL
Eaton
ETN
$162B
| $20.1M | 0.01% |
386,600
-110,800
| -22% | -$6M |
|
1130
Aptiv
APTV
$9.62B
| $20.1M | 0.01% |
234,399
+139,534
| +147% | +$11.7M |
|
|
SLCA
1131
CALL
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $20.1M | 0.01% |
1,071,000
+183,400
| +21% | +$3.43M |
|
1132
Target
TGT
$74.4B
| $20M | 0.01% |
276,061
-14,675
| -5% | -$1.1M |
|
|
SIVB
1133
PUT
DELISTED
SVB Financial Group
SIVB
| $20M | 0.01% |
168,400
+97,500
| +138% | +$12.1M |
|
1134
CALL
Canadian Natural Resources
CNQ
$103B
| $20M | 0.01% |
1,896,029
+1,123,427
| +145% | +$12.5M |
|
|
DYAX
1135
DELISTED
DYAX CORPORATION
DYAX
| $20M | 0.01% |
531,709
+487,395
| +1,100% | +$15.7M |
|
|
SPLK
1136
CALL
DELISTED
Splunk Inc
SPLK
| $20M | 0.01% |
339,900
-325,000
| -49% | -$18.6M |
|
|
NE
1137
PUT
DELISTED
Noble Corporation
NE
| $20M | 0.01% |
1,893,300
+236,600
| +14% | +$2.98M |
|
|
BBBY
1138
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $19.9M | 0.01% |
413,400
-71,700
| -15% | -$3.98M |
|
1139
Macy's
M
$5.99B
| $19.9M | 0.01% |
568,996
+428,398
| +305% | +$18.6M |
|
1140
CALL
Fortinet
FTNT
$116B
| $19.9M | 0.01% |
3,192,500
+17,000
| +0.5% | +$122K |
|
1141
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.1B
| $19.9M | 0.01% |
508,570
+410,690
| +420% | +$16.3M |
|
1142
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.79B
| $19.8M | 0.01% |
1,325,800
-221,200
| -14% | -$3.7M |
|
1143
Lear
LEA
$8.26B
| $19.8M | 0.01% |
161,182
+117,958
| +273% | +$14.4M |
|
1144
PUT
Rio Tinto
RIO
$170B
| $19.8M | 0.01% |
679,600
-517,000
| -43% | -$17.5M |
|
1145
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $19.8M | 0.01% |
391,698
+321,545
| +458% | +$16M |
|
1146
CALL
Acadia Pharmaceuticals
ACAD
$5.11B
| $19.7M | 0.01% |
553,900
+288,600
| +109% | +$10.2M |
|
1147
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.89B
| $19.7M | 0.01% |
906,800
+567,400
| +167% | +$12.6M |
|
1148
CALL
Paychex
PAYX
$44.5B
| $19.7M | 0.01% |
372,000
-191,100
| -34% | -$9.99M |
|
1149
CALL
American Electric Power
AEP
$67B
| $19.6M | 0.01% |
337,200
+42,900
| +15% | +$2.43M |
|
1150
PUT
Trinity Industries
TRN
$2.35B
| $19.6M | 0.01% |
1,134,674
-126,121
| -10% | -$2.34M |
|
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.