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 | |
|---|---|---|---|---|---|---|
1751
CALL
Rio Tinto
RIO
$171B
| $10.6M | ﹤0.01% |
313,600
-878,300
| -74% | -$32.9M |
|
1752
PUT
Expeditors International
EXPD
$24.8B
| $10.6M | ﹤0.01% |
225,100
+71,400
| +46% | +$3.37M |
|
1753
PUT
C.H. Robinson
CHRW
$17.9B
| $10.6M | ﹤0.01% |
156,000
-12,700
| -8% | -$853K |
|
1754
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $10.6M | ﹤0.01% |
42,485
-142,712
| -77% | -$37.8M |
|
1755
CALL
Post Holdings
POST
$3.72B
| $10.6M | ﹤0.01% |
273,054
-50,576
| -16% | -$1.99M |
|
|
PTR
1756
CALL
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $10.6M | ﹤0.01% |
151,500
+43,700
| +41% | +$3.9M |
|
1757
PUT
Allstate
ALL
$66B
| $10.6M | ﹤0.01% |
181,200
-139,500
| -43% | -$8.72M |
|
1758
United Airlines
UAL
$37.7B
| $10.6M | ﹤0.01% |
198,879
-1,202,119
| -86% | -$67.8M |
|
|
QEP
1759
PUT
DELISTED
QEP RESOURCES, INC.
QEP
| $10.5M | ﹤0.01% |
841,100
+278,200
| +49% | +$3.84M |
|
1760
Ulta Beauty
ULTA
$23B
| $10.5M | ﹤0.01% |
64,379
+7,326
| +13% | +$1.21M |
|
|
CVRR
1761
PUT
DELISTED
CVR Refining, LP
CVRR
| $10.5M | ﹤0.01% |
549,900
-100,900
| -16% | -$1.94M |
|
|
SLCA
1762
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $10.5M | ﹤0.01% |
745,800
-316,200
| -30% | -$6.74M |
|
1763
PUT
T. Rowe Price
TROW
$23.9B
| $10.5M | ﹤0.01% |
150,900
+57,700
| +62% | +$4.27M |
|
1764
Intuitive Surgical
ISRG
$131B
| $10.5M | ﹤0.01% |
205,173
-607,644
| -75% | -$34.4M |
|
1765
O'Reilly Automotive
ORLY
$72.6B
| $10.5M | ﹤0.01% |
628,635
+219,540
| +54% | +$3.54M |
|
1766
Barclays
BCS
$91.3B
| $10.5M | ﹤0.01% |
759,386
-96,588
| -11% | -$1.49M |
|
1767
Heron Therapeutics
HRTX
$59.4M
| $10.4M | ﹤0.01% |
426,788
-466,231
| -52% | -$15.5M |
|
1768
PUT
Quest Diagnostics
DGX
$27B
| $10.4M | ﹤0.01% |
168,600
-35,200
| -17% | -$2.46M |
|
|
KSU
1769
PUT
DELISTED
Kansas City Southern
KSU
| $10.4M | ﹤0.01% |
114,000
-200,300
| -64% | -$18.9M |
|
1770
CALL
Wabtec
WAB
$50.8B
| $10.4M | ﹤0.01% |
117,600
-55,400
| -32% | -$5.28M |
|
|
NGLS
1771
PUT
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $10.3M | ﹤0.01% |
356,300
+191,400
| +116% | +$6.45M |
|
|
WX
1772
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $10.3M | ﹤0.01% |
238,914
+87,252
| +58% | +$3.68M |
|
1773
Citizens Financial Group
CFG
$29.7B
| $10.3M | ﹤0.01% |
432,534
+119,082
| +38% | +$3.04M |
|
1774
PUT
Vanguard FTSE Europe ETF
VGK
$31.2B
| $10.3M | ﹤0.01% |
209,600
-555,300
| -73% | -$29.4M |
|
1775
CALL
Alnylam Pharmaceuticals
ALNY
$32.4B
| $10.3M | ﹤0.01% |
128,100
+21,000
| +20% | +$2.33M |
|
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.