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 | |
|---|---|---|---|---|---|---|
|
FITB
2001
CALL
Fifth Third Bancorp
FITB
$49.8B
| $9.86M | ﹤0.01% |
473,500
-10,100
| -2% | -$205K |
|
2002
iShares MSCI Australia ETF
EWA
$1.36B
| $9.84M | ﹤0.01% |
467,960
+263,416
| +129% | +$6M |
|
2003
PUT
POSCO
PKX
$18B
| $9.84M | ﹤0.01% |
200,400
+75,000
| +60% | +$4.16M |
|
2004
CALL
Intuit
INTU
$97.8B
| $9.84M | ﹤0.01% |
97,600
-77,900
| -44% | -$7.95M |
|
2005
Perrigo
PRGO
$2.01B
| $9.84M | ﹤0.01% |
53,211
+3,088
| +6% | +$589K |
|
2006
PUT
iShares MSCI Canada ETF
EWC
$6.95B
| $9.8M | ﹤0.01% |
367,100
-306,500
| -46% | -$8.67M |
|
2007
PUT
OneSpan
OSPN
$567M
| $9.8M | ﹤0.01% |
324,600
+62,700
| +24% | +$1.7M |
|
2008
CALL
Acuity Brands
AYI
$10.2B
| $9.79M | ﹤0.01% |
54,400
+16,100
| +42% | +$2.83M |
|
2009
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$194M
| $9.78M | ﹤0.01% |
114,560
+55,600
| +94% | +$4.36M |
|
2010
CALL
Fossil Group
FOSL
$323M
| $9.77M | ﹤0.01% |
140,900
-78,200
| -36% | -$6.07M |
|
2011
PUT
Edwards Lifesciences
EW
$52.4B
| $9.77M | ﹤0.01% |
411,600
+82,800
| +25% | +$1.87M |
|
|
RDUS
2012
PUT
DELISTED
Radius Health, Inc.
RDUS
| $9.77M | ﹤0.01% |
+144,300
| New | +$6.72M |
|
|
LINE
2013
CALL
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $9.75M | ﹤0.01% |
1,056,100
-644,100
| -38% | -$7.53M |
|
2014
PUT
KKR & Co
KKR
$96.6B
| $9.74M | ﹤0.01% |
426,400
-333,800
| -44% | -$7.67M |
|
|
OKS
2015
PUT
DELISTED
Oneok Partners LP
OKS
| $9.74M | ﹤0.01% |
286,500
+208,400
| +267% | +$8.24M |
|
|
DFS
2016
DELISTED
Discover Financial Services
DFS
| $9.73M | ﹤0.01% |
168,943
+56,215
| +50% | +$3.3M |
|
|
SFUN
2017
CALL
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $9.72M | ﹤0.01% |
23,110
+11,892
| +106% | +$4.74M |
|
2018
CALL
Banco Macro
BMA
$4.97B
| $9.71M | ﹤0.01% |
212,300
+121,700
| +134% | +$6.46M |
|
2019
CALL
Vanguard FTSE Europe ETF
VGK
$31.3B
| $9.71M | ﹤0.01% |
179,900
-119,600
| -40% | -$6.77M |
|
|
NMBL
2020
DELISTED
Nimble Storage, Inc.
NMBL
| $9.7M | ﹤0.01% |
345,571
+327,172
| +1,778% | +$8.54M |
|
2021
ArcelorMittal
MT
$55.5B
| $9.67M | ﹤0.01% |
435,281
+104,714
| +32% | +$2.52M |
|
|
ONIT
2022
Onity Group
ONIT
$294M
| $9.67M | ﹤0.01% |
63,221
+62,422
| +7,813% | +$9.08M |
|
2023
PUT
InterDigital
IDCC
$8.92B
| $9.67M | ﹤0.01% |
170,000
-17,600
| -9% | -$982K |
|
2024
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$770M
| $9.67M | ﹤0.01% |
4,233
-2,842
| -40% | -$6.76M |
|
|
NTI
2025
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $9.67M | ﹤0.01% |
406,811
+54,220
| +15% | +$1.35M |
|
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.