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 | |
|---|---|---|---|---|---|---|
126
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $298M | 0.14% |
2,643,900
-702,000
| -21% | -$76.2M |
|
127
PUT
Broadcom
AVGO
$1.75T
| $295M | 0.14% |
20,347,000
+6,708,000
| +49% | +$87.2M |
|
128
CALL
IBM
IBM
$222B
| $295M | 0.14% |
2,238,649
+15,899
| +0.7% | +$2.14M |
|
129
CALL
Comcast
CMCSA
$95.3B
| $293M | 0.14% |
10,370,000
+4,085,000
| +65% | +$123M |
|
130
PUT
Ford
F
$57.5B
| $290M | 0.13% |
20,567,700
-3,784,500
| -16% | -$54.8M |
|
131
CALL
Mastercard
MA
$509B
| $285M | 0.13% |
2,925,100
+440,500
| +18% | +$43.1M |
|
132
CALL
Mondelez International
MDLZ
$82.3B
| $283M | 0.13% |
6,310,000
+3,233,300
| +105% | +$145M |
|
|
133
CALL
Broadcom
AVGO
$1.75T
| $283M | 0.13% |
19,464,000
+7,146,000
| +58% | +$92.9M |
|
134
PUT
Procter & Gamble
PG
$336B
| $282M | 0.13% |
3,556,700
-2,129,800
| -37% | -$163M |
|
135
PUT
McDonald's
MCD
$192B
| $277M | 0.13% |
2,348,400
-607,300
| -21% | -$67.9M |
|
136
PUT
SPDR Gold Trust
GLD
$152B
| $276M | 0.13% |
2,715,930
-72,680
| -3% | -$7.68M |
|
|
MON
137
PUT
DELISTED
Monsanto Co
MON
| $274M | 0.13% |
2,780,900
+1,079,200
| +63% | +$101M |
|
138
PUT
AB InBev
BUD
$155B
| $270M | 0.12% |
2,160,200
+474,300
| +28% | +$57.4M |
|
139
CALL
United States Oil Fund
USO
$2.24B
| $269M | 0.12% |
3,052,363
+1,032,413
| +51% | +$110M |
|
140
PUT
American Express
AXP
$227B
| $266M | 0.12% |
3,831,300
-1,269,000
| -25% | -$92.3M |
|
141
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $265M | 0.12% |
2,004,600
-73,700
| -4% | -$9.89M |
|
|
QIHU
142
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $263M | 0.12% |
3,605,700
+989,700
| +38% | +$62.4M |
|
143
Booking.com
BKNG
$158B
| $259M | 0.12% |
5,075,825
+1,341,050
| +36% | +$70.8M |
|
|
144
Bausch Health
BHC
$2.41B
| $259M | 0.12% |
2,546,101
+2,491,167
| +4,535% | +$280M |
|
145
CALL
Walmart Inc
WMT
$825B
| $256M | 0.12% |
12,550,800
+3,723,000
| +42% | +$74.7M |
|
|
YHOO
146
CALL
DELISTED
Yahoo Inc
YHOO
| $256M | 0.12% |
7,709,400
-2,847,400
| -27% | -$95M |
|
147
CALL
Salesforce
CRM
$171B
| $253M | 0.12% |
3,221,000
+652,800
| +25% | +$51M |
|
|
148
PUT
Mastercard
MA
$509B
| $252M | 0.12% |
2,592,400
-345,800
| -12% | -$33.9M |
|
149
CALL
Coca-Cola
KO
$392B
| $250M | 0.12% |
5,818,000
-3,631,500
| -38% | -$154M |
|
150
PUT
Visa
V
$693B
| $248M | 0.11% |
3,191,600
+29,500
| +0.9% | +$2.29M |
|
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.