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 | |
|---|---|---|---|---|---|---|
1951
PUT
Hain Celestial
HAIN
$78.9M
| $10.3M | ﹤0.01% |
155,700
-77,500
| -33% | -$4.89M |
|
1952
CALL
Lands' End
LE
$368M
| $10.2M | ﹤0.01% |
412,500
+77,300
| +23% | +$2.22M |
|
1953
Rio Tinto
RIO
$174B
| $10.2M | ﹤0.01% |
248,167
-518,490
| -68% | -$22.8M |
|
1954
CALL
Novavax
NVAX
$1.56B
| $10.2M | ﹤0.01% |
45,885
+28,515
| +164% | +$5.01M |
|
|
JMEI
1955
PUT
DELISTED
Jumei International Holding Limited American depositary shares, each representing ten Class A ordina
JMEI
| $10.2M | ﹤0.01% |
44,690
+33,020
| +283% | +$7.36M |
|
1956
RTX Corp
RTX
$283B
| $10.2M | ﹤0.01% |
146,124
-97,689
| -40% | -$7.17M |
|
1957
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.3B
| $10.2M | ﹤0.01% |
+367,829
| New | +$10.4M |
|
1958
CALL
Consolidated Edison
ED
$39.6B
| $10.2M | ﹤0.01% |
175,900
-174,100
| -50% | -$10.5M |
|
1959
CALL
Teradata
TDC
$2.55B
| $10.2M | ﹤0.01% |
275,100
+124,600
| +83% | +$5.13M |
|
1960
PUT
Apollo Global Management
APO
$78.6B
| $10.2M | ﹤0.01% |
459,300
-80,300
| -15% | -$1.76M |
|
1961
First Trust Senior Loan Fund ETF
FTSL
$2.34B
| $10.2M | ﹤0.01% |
208,071
+175,002
| +529% | +$8.63M |
|
1962
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $10.2M | ﹤0.01% |
65,800
+22,500
| +52% | +$3.45M |
|
1963
CALL
ArcelorMittal
MT
$55.5B
| $10.2M | ﹤0.01% |
457,626
+210,751
| +85% | +$5.08M |
|
|
MNK
1964
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $10.2M | ﹤0.01% |
86,288
-90,360
| -51% | -$11.1M |
|
|
AKRX
1965
DELISTED
Akorn Inc
AKRX
| $10.2M | ﹤0.01% |
232,605
+225,450
| +3,151% | +$10.4M |
|
|
HOUS
1966
PUT
DELISTED
Anywhere Real Estate
HOUS
| $10.2M | ﹤0.01% |
217,300
-76,400
| -26% | -$3.55M |
|
1967
MBIA
MBI
$250M
| $10.1M | ﹤0.01% |
1,688,069
+1,646,778
| +3,988% | +$14.9M |
|
|
TRND
1968
DELISTED
ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS
TRND
| $10.1M | ﹤0.01% |
+255,129
| New | +$10.3M |
|
1969
CALL
Polaris
PII
$3.62B
| $10.1M | ﹤0.01% |
68,400
-64,200
| -48% | -$9.24M |
|
1970
PUT
Cracker Barrel
CBRL
$1.3B
| $10.1M | ﹤0.01% |
67,900
+36,400
| +116% | +$5.18M |
|
1971
CALL
KKR & Co
KKR
$96.6B
| $10.1M | ﹤0.01% |
443,100
+49,800
| +13% | +$1.14M |
|
|
CMA
1972
CALL
DELISTED
Comerica
CMA
| $10.1M | ﹤0.01% |
196,900
-111,600
| -36% | -$5.44M |
|
|
LINE
1973
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $10.1M | ﹤0.01% |
1,133,996
+740,485
| +188% | +$8.66M |
|
1974
PUT
Public Storage
PSA
$60.3B
| $10.1M | ﹤0.01% |
54,800
+15,700
| +40% | +$3.01M |
|
|
DD
1975
DELISTED
Du Pont De Nemours E I
DD
| $10.1M | ﹤0.01% |
166,281
-19,864
| -11% | -$1.34M |
|
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.