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 | |
|---|---|---|---|---|---|---|
|
EQM
1151
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $23.7M | 0.01% |
290,200
+253,900
| +699% | +$21.1M |
|
1152
PUT
Air Products & Chemicals
APD
$68.2B
| $23.7M | 0.01% |
186,905
-250,684
| -57% | -$34.2M |
|
1153
Exelon
EXC
$45.7B
| $23.6M | 0.01% |
1,053,411
+275,214
| +35% | +$6.59M |
|
1154
CALL
State Street SPDR S&P Retail ETF
XRT
$329M
| $23.5M | 0.01% |
476,800
-335,600
| -41% | -$16.7M |
|
1155
PUT
Core Laboratories
CLB
$553M
| $23.5M | 0.01% |
206,000
-146,500
| -42% | -$17.8M |
|
1156
CALL
Waste Management
WM
$90.5B
| $23.5M | 0.01% |
506,100
-182,500
| -27% | -$9.18M |
|
|
JOY
1157
PUT
DELISTED
Joy Global Inc
JOY
| $23.4M | 0.01% |
647,100
+102,600
| +19% | +$4.13M |
|
|
PCP
1158
PUT
DELISTED
PRECISION CASTPARTS CORP
PCP
| $23.4M | 0.01% |
117,200
+5,000
| +4% | +$1.05M |
|
|
OSG
1159
Octave Specialty Group
OSG
$204M
| $23.4M | 0.01% |
1,407,688
+1,153,339
| +453% | +$27.2M |
|
1160
iShares MSCI Pacific ex Japan ETF
EPP
$2.33B
| $23.4M | 0.01% |
539,665
+485,683
| +900% | +$22.5M |
|
|
SPR
1161
CALL
DELISTED
Spirit AeroSystems
SPR
| $23.4M | 0.01% |
424,500
+135,100
| +47% | +$7.24M |
|
|
GAP
1162
PUT
The Gap Inc
GAP
$7.33B
| $23.4M | 0.01% |
612,300
-9,000
| -1% | -$355K |
|
1163
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $23.4M | 0.01% |
294,400
-8,800
| -3% | -$705K |
|
|
RPTP
1164
PUT
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $23.3M | 0.01% |
1,476,300
+62,300
| +4% | +$757K |
|
1165
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $23.3M | 0.01% |
221,800
+138,600
| +167% | +$14.8M |
|
1166
PUT
AstraZeneca
AZN
$259B
| $23.3M | 0.01% |
365,300
+117,200
| +47% | +$8.02M |
|
1167
PUT
Protolabs
PRLB
$1.84B
| $23.2M | 0.01% |
344,300
+193,500
| +128% | +$13.7M |
|
1168
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.5B
| $23.2M | 0.01% |
427,774
+371,970
| +667% | +$20.6M |
|
|
JKS
1169
CALL
JinkoSolar
JKS
$846M
| $23.2M | 0.01% |
783,600
+200,700
| +34% | +$5.83M |
|
1170
PUT
ProShares UltraPro Short S&P 500
SPXU
$395M
| $23.1M | 0.01% |
1,641
+405
| +33% | +$5.48M |
|
|
SKX
1171
CALL
DELISTED
Skechers
SKX
| $23.1M | 0.01% |
631,200
+252,600
| +67% | +$8.11M |
|
|
SCHW
1172
CALL
Charles Schwab
SCHW
$197B
| $23.1M | 0.01% |
707,100
+466,800
| +194% | +$14.8M |
|
|
DNKN
1173
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $23.1M | 0.01% |
419,500
-63,600
| -13% | -$3.29M |
|
|
MRO
1174
DELISTED
Marathon Oil Corporation
MRO
| $23M | 0.01% |
868,103
+411,522
| +90% | +$11.6M |
|
|
PCP
1175
CALL
DELISTED
PRECISION CASTPARTS CORP
PCP
| $23M | 0.01% |
115,000
+83,000
| +259% | +$17.4M |
|
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.