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 | |
|---|---|---|---|---|---|---|
101
CALL
United Parcel Service
UPS
$86.8B
| $364M | 0.16% |
3,683,500
+1,160,600
| +46% | +$115M |
|
|
102
CALL
iShares MSCI EAFE ETF
EFA
$80B
| $363M | 0.16% |
6,335,000
+1,513,100
| +31% | +$93.4M |
|
103
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $360M | 0.16% |
773,300
-35,700
| -4% | -$19.2M |
|
104
PUT
General Motors
GM
$77.2B
| $358M | 0.15% |
11,909,400
+783,600
| +7% | +$24M |
|
105
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $358M | 0.15% |
5,039,000
+1,825,400
| +57% | +$133M |
|
106
Invesco QQQ Trust
QQQ
$486B
| $355M | 0.15% |
3,491,887
+893,172
| +34% | +$96M |
|
107
CALL
Bausch Health
BHC
$2.41B
| $355M | 0.15% |
1,991,400
+1,182,600
| +146% | +$276M |
|
108
CALL
Intel
INTC
$476B
| $353M | 0.15% |
11,713,600
-538,900
| -4% | -$15.6M |
|
109
PUT
United States Oil Fund
USO
$2.24B
| $345M | 0.15% |
2,939,513
-612,025
| -17% | -$75.2M |
|
110
PUT
Wells Fargo
WFC
$254B
| $344M | 0.15% |
6,701,000
+1,670,300
| +33% | +$91.9M |
|
111
Amazon
AMZN
$2.79T
| $343M | 0.15% |
13,395,240
-5,428,240
| -29% | -$137M |
|
112
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $338M | 0.15% |
3,345,900
+532,800
| +19% | +$63.9M |
|
113
PUT
Blackstone
BX
$108B
| $334M | 0.14% |
10,742,909
+1,955,053
| +22% | +$70.7M |
|
114
PUT
Ford
F
$57.5B
| $330M | 0.14% |
24,352,200
+3,090,500
| +15% | +$44.2M |
|
115
CALL
GE Aerospace
GE
$361B
| $328M | 0.14% |
2,717,573
+171,812
| +7% | +$21.1M |
|
116
PUT
Home Depot
HD
$335B
| $328M | 0.14% |
2,843,500
+846,000
| +42% | +$97.9M |
|
117
CALL
Biogen
BIIB
$32B
| $323M | 0.14% |
1,106,500
+441,200
| +66% | +$146M |
|
|
118
Meta Platforms (Facebook)
META
$1.4T
| $315M | 0.14% |
3,505,840
-3,124,987
| -47% | -$287M |
|
119
CALL
Pfizer
PFE
$160B
| $311M | 0.13% |
10,420,371
+4,986,579
| +92% | +$160M |
|
|
120
PUT
Pfizer
PFE
$160B
| $308M | 0.13% |
10,345,115
+4,117,240
| +66% | +$132M |
|
121
Micron Technology
MU
$1.09T
| $308M | 0.13% |
20,577,150
+3,048,531
| +17% | +$52.4M |
|
122
CALL
IBM
IBM
$222B
| $308M | 0.13% |
2,222,750
+411,496
| +23% | +$60.8M |
|
123
CALL
AT&T
T
$173B
| $307M | 0.13% |
12,494,058
-2,761,070
| -18% | -$70.4M |
|
|
YHOO
124
CALL
DELISTED
Yahoo Inc
YHOO
| $305M | 0.13% |
10,556,800
-1,493,000
| -12% | -$51.8M |
|
125
PUT
American Airlines Group
AAL
$9.15B
| $305M | 0.13% |
7,856,900
-1,099,800
| -12% | -$45.2M |
|
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.