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 | |
|---|---|---|---|---|---|---|
176
PUT
PepsiCo
PEP
$196B
| $224M | 0.1% |
2,397,000
+471,800
| +25% | +$45.1M |
|
177
Chevron
CVX
$403B
| $223M | 0.09% |
2,314,855
+1,475,487
| +176% | +$155M |
|
178
CALL
Caterpillar
CAT
$381B
| $222M | 0.09% |
2,622,100
-177,000
| -6% | -$15.2M |
|
179
PUT
Home Depot
HD
$335B
| $222M | 0.09% |
1,997,500
+960,600
| +93% | +$108M |
|
180
PUT
Delta Air Lines
DAL
$54.2B
| $222M | 0.09% |
5,399,700
+122,900
| +2% | +$5.37M |
|
|
181
CALL
American Airlines Group
AAL
$9.15B
| $219M | 0.09% |
5,486,500
+945,700
| +21% | +$43.1M |
|
182
PUT
Morgan Stanley
MS
$336B
| $218M | 0.09% |
5,609,400
+175,200
| +3% | +$6.67M |
|
183
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.37B
| $217M | 0.09% |
4,862,200
+523,000
| +12% | +$23.6M |
|
184
PUT
Deere & Co
DE
$175B
| $217M | 0.09% |
2,235,100
+1,417,300
| +173% | +$129M |
|
185
CALL
American Express
AXP
$227B
| $216M | 0.09% |
2,778,300
-1,071,000
| -28% | -$85M |
|
186
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $214M | 0.09% |
+4
| New | +$235M |
|
187
PUT
Union Pacific
UNP
$183B
| $212M | 0.09% |
2,226,000
+265,500
| +14% | +$27.7M |
|
188
PUT
Visa
V
$693B
| $211M | 0.09% |
3,149,000
-2,620,500
| -45% | -$178M |
|
189
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $210M | 0.09% |
4,207,700
-249,200
| -6% | -$11.7M |
|
|
ALXN
190
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $207M | 0.09% |
1,144,000
+938,500
| +457% | +$162M |
|
191
CALL
Eli Lilly
LLY
$1.12T
| $204M | 0.09% |
2,448,300
+516,000
| +27% | +$39.3M |
|
192
CALL
United Airlines
UAL
$36.7B
| $201M | 0.09% |
3,798,000
+1,791,900
| +89% | +$104M |
|
193
PUT
BP
BP
$115B
| $200M | 0.09% |
5,956,508
-1,503,060
| -20% | -$52.6M |
|
194
PUT
Amgen
AMGN
$238B
| $198M | 0.08% |
1,292,900
-43,900
| -3% | -$7.03M |
|
195
PUT
GoPro
GPRO
$116M
| $198M | 0.08% |
3,724,600
+659,700
| +22% | +$33.9M |
|
196
PUT
Pfizer
PFE
$160B
| $198M | 0.08% |
6,227,875
-11,700
| -0.2% | -$381K |
|
197
PUT
eBay
EBAY
$46.3B
| $198M | 0.08% |
7,813,714
+228,096
| +3% | +$5.69M |
|
|
SNDK
198
PUT
DELISTED
SANDISK CORP
SNDK
| $195M | 0.08% |
3,356,400
+42,100
| +1% | +$2.82M |
|
|
APC
199
PUT
DELISTED
Anadarko Petroleum
APC
| $194M | 0.08% |
2,491,200
-145,200
| -6% | -$12.6M |
|
200
CALL
DuPont de Nemours
DD
$18.7B
| $194M | 0.08% |
1,499,798
+368,385
| +33% | +$47.7M |
|
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.