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 | |
|---|---|---|---|---|---|---|
126
CALL
American International
AIG
$39.8B
| $291M | 0.12% |
4,715,000
+2,794,900
| +146% | +$165M |
|
127
Ford
F
$57.5B
| $291M | 0.12% |
19,373,136
+4,793,518
| +33% | +$74.3M |
|
|
LNKD
128
PUT
DELISTED
LinkedIn Corporation
LNKD
| $290M | 0.12% |
1,401,300
-48,100
| -3% | -$10.7M |
|
|
AGN
129
CALL
DELISTED
Allergan plc
AGN
| $289M | 0.12% |
953,600
-927,700
| -49% | -$277M |
|
130
CALL
Humana
HUM
$45.5B
| $287M | 0.12% |
1,501,300
+796,900
| +113% | +$148M |
|
|
TWC
131
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $287M | 0.12% |
1,608,400
-583,300
| -27% | -$96.6M |
|
132
Biogen
BIIB
$32B
| $285M | 0.12% |
706,291
+180,639
| +34% | +$72.5M |
|
133
PUT
ExxonMobil
XOM
$679B
| $285M | 0.12% |
3,428,400
-303,400
| -8% | -$26.1M |
|
134
PUT
Wells Fargo
WFC
$254B
| $283M | 0.12% |
5,030,700
+875,900
| +21% | +$48.8M |
|
135
Walmart Inc
WMT
$825B
| $283M | 0.12% |
11,960,541
+5,214,969
| +77% | +$133M |
|
136
CALL
IBM
IBM
$222B
| $282M | 0.12% |
1,811,254
-1,171,624
| -39% | -$188M |
|
|
137
Invesco QQQ Trust
QQQ
$486B
| $278M | 0.12% |
2,598,715
-2,620,537
| -50% | -$285M |
|
138
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $277M | 0.12% |
543,300
+10,200
| +2% | +$4.98M |
|
139
PUT
SLB Ltd
SLB
$79.9B
| $277M | 0.12% |
3,209,100
-731,100
| -19% | -$66M |
|
140
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $270M | 0.11% |
7,196,400
-424,000
| -6% | -$16.8M |
|
141
Netflix
NFLX
$331B
| $270M | 0.11% |
28,729,330
+25,678,450
| +842% | +$215M |
|
|
142
CALL
Biogen
BIIB
$32B
| $269M | 0.11% |
665,300
-106,300
| -14% | -$42.7M |
|
143
PUT
Williams Companies
WMB
$86.2B
| $268M | 0.11% |
4,663,900
+3,022,000
| +184% | +$156M |
|
144
CALL
Cisco
CSCO
$438B
| $263M | 0.11% |
9,584,200
+4,372,700
| +84% | +$125M |
|
145
PUT
Procter & Gamble
PG
$336B
| $260M | 0.11% |
3,328,300
-3,561,100
| -52% | -$287M |
|
146
CALL
AbbVie
ABBV
$468B
| $260M | 0.11% |
3,863,600
+793,600
| +26% | +$51.8M |
|
147
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $259M | 0.11% |
7,912,000
-1,896,400
| -19% | -$65.5M |
|
148
PUT
Verizon
VZ
$205B
| $257M | 0.11% |
5,509,400
+1,240,800
| +29% | +$60.7M |
|
149
PUT
Mastercard
MA
$509B
| $255M | 0.11% |
2,731,700
-386,200
| -12% | -$35.4M |
|
150
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $254M | 0.11% |
3,015,000
+1,371,600
| +83% | +$107M |
|
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.