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 | |
|---|---|---|---|---|---|---|
176
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$635M
| $228M | 0.1% |
66,083
+26,928
| +69% | +$96.6M |
|
177
PUT
Williams Companies
WMB
$86.2B
| $227M | 0.1% |
6,167,600
+1,503,700
| +32% | +$74.9M |
|
178
PUT
FedEx
FDX
$76.9B
| $226M | 0.1% |
1,567,200
+776,700
| +98% | +$124M |
|
179
CALL
Ford
F
$57.5B
| $226M | 0.1% |
16,618,400
+7,760,300
| +88% | +$111M |
|
|
180
NETSCOUT
NTCT
$2.8B
| $225M | 0.1% |
6,356,528
+6,314,201
| +14,918% | +$239M |
|
181
PUT
UnitedHealth
UNH
$350B
| $224M | 0.1% |
1,934,800
+480,000
| +33% | +$57.5M |
|
182
CALL
Mastercard
MA
$509B
| $224M | 0.1% |
2,484,600
-63,900
| -3% | -$6M |
|
183
CALL
Union Pacific
UNP
$183B
| $222M | 0.1% |
2,507,000
+888,400
| +55% | +$81.1M |
|
184
PUT
Visa
V
$693B
| $220M | 0.1% |
3,162,100
+13,100
| +0.4% | +$935K |
|
|
CELG
185
DELISTED
Celgene Corp
CELG
| $220M | 0.1% |
2,031,759
-819,015
| -29% | -$102M |
|
|
186
CALL
FedEx
FDX
$76.9B
| $219M | 0.09% |
1,520,700
+1,243,100
| +448% | +$198M |
|
187
PUT
Herbalife
HLF
$1.33B
| $218M | 0.09% |
8,010,800
+1,002,200
| +14% | +$27.5M |
|
188
American Airlines Group
AAL
$9.15B
| $214M | 0.09% |
5,511,730
-3,206,933
| -37% | -$132M |
|
189
PUT
SLB Ltd
SLB
$79.9B
| $212M | 0.09% |
3,077,100
-132,000
| -4% | -$10.4M |
|
190
PUT
Costco
COST
$420B
| $212M | 0.09% |
1,465,500
-234,500
| -14% | -$33.5M |
|
191
CALL
Merck
MRK
$376B
| $212M | 0.09% |
4,488,270
+959,549
| +27% | +$51M |
|
192
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $211M | 0.09% |
10,613,879
+1,541,606
| +17% | +$32.7M |
|
193
PUT
Under Armour
UAA
$2.32B
| $211M | 0.09% |
4,354,800
+1,071,600
| +33% | +$50.9M |
|
|
194
PUT
Union Pacific
UNP
$183B
| $210M | 0.09% |
2,371,300
+145,300
| +7% | +$13.3M |
|
|
195
Ford
F
$57.5B
| $205M | 0.09% |
15,132,505
-4,240,631
| -22% | -$60.6M |
|
196
CALL
General Motors
GM
$77.2B
| $203M | 0.09% |
6,766,100
+1,998,200
| +42% | +$61.2M |
|
197
PUT
BP
BP
$115B
| $202M | 0.09% |
7,872,603
+1,916,095
| +32% | +$56.2M |
|
198
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $200M | 0.09% |
9,133,000
+1,221,000
| +15% | +$32.6M |
|
199
CALL
Eli Lilly
LLY
$1.12T
| $200M | 0.09% |
2,389,400
-58,900
| -2% | -$4.97M |
|
|
200
General Motors
GM
$77.2B
| $199M | 0.09% |
6,612,935
-764,430
| -10% | -$23.4M |
|
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.