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 | |
|---|---|---|---|---|---|---|
2026
PUT
Allegiant Air
ALGT
$2.25B
| $9.66M | ﹤0.01% |
54,300
+39,800
| +274% | +$6.6M |
|
|
RPTP
2027
CALL
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $9.64M | ﹤0.01% |
610,400
+160,300
| +36% | +$1.95M |
|
2028
PUT
ASML
ASML
$670B
| $9.63M | ﹤0.01% |
92,500
-62,500
| -40% | -$6.68M |
|
|
GGP
2029
PUT
DELISTED
GGP Inc.
GGP
| $9.62M | ﹤0.01% |
374,800
+105,400
| +39% | +$2.94M |
|
2030
PUT
Howard Hughes
HHH
$4B
| $9.6M | ﹤0.01% |
70,178
+41,435
| +144% | +$5.89M |
|
|
DNKN
2031
PUT
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $9.6M | ﹤0.01% |
174,600
-89,800
| -34% | -$4.65M |
|
|
EMES
2032
DELISTED
Emerge Energy Services LP
EMES
| $9.6M | ﹤0.01% |
266,022
-26,770
| -9% | -$1.12M |
|
2033
CALL
Dillards
DDS
$9.95B
| $9.59M | ﹤0.01% |
91,200
-35,900
| -28% | -$4.41M |
|
2034
PUT
Gen Digital
GEN
$17.5B
| $9.58M | ﹤0.01% |
411,900
-66,200
| -14% | -$1.62M |
|
|
PNK
2035
CALL
DELISTED
Pinnacle Entertainment Inc.
PNK
| $9.57M | ﹤0.01% |
256,800
-85,100
| -25% | -$3.13M |
|
|
AFSI
2036
CALL
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $9.55M | ﹤0.01% |
291,600
+81,400
| +39% | +$2.46M |
|
2037
Camden Property Trust
CPT
$10.9B
| $9.54M | ﹤0.01% |
128,382
+53,820
| +72% | +$4.07M |
|
2038
ING
ING
$101B
| $9.53M | ﹤0.01% |
574,656
+222,810
| +63% | +$3.55M |
|
2039
CALL
Markel Group
MKL
$22.4B
| $9.53M | ﹤0.01% |
11,900
+3,900
| +49% | +$3.03M |
|
2040
CALL
Tower Semiconductor
TSEM
$24B
| $9.52M | ﹤0.01% |
616,300
-129,300
| -17% | -$2.07M |
|
|
CVC
2041
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $9.51M | ﹤0.01% |
397,126
+174,226
| +78% | +$3.78M |
|
2042
Aptiv
APTV
$9.68B
| $9.5M | ﹤0.01% |
111,611
+22,832
| +26% | +$1.95M |
|
2043
Children's Place
PLCE
$59.8M
| $9.5M | ﹤0.01% |
145,190
+9,736
| +7% | +$633K |
|
2044
iShares Russell 1000 ETF
IWB
$48.9B
| $9.49M | ﹤0.01% |
81,823
+373
| +0.5% | +$44K |
|
2045
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $9.49M | ﹤0.01% |
82,300
-146,567
| -64% | -$17.2M |
|
|
SOHU
2046
CALL
Sohu.com
SOHU
$374M
| $9.47M | ﹤0.01% |
160,200
+52,700
| +49% | +$3.42M |
|
2047
CALL
Altisource Portfolio Solutions
ASPS
$62.7M
| $9.46M | ﹤0.01% |
38,163
+19,588
| +105% | +$4.12M |
|
|
FL
2048
DELISTED
Foot Locker
FL
| $9.45M | ﹤0.01% |
141,080
-49,170
| -26% | -$3.07M |
|
2049
Quanta Services
PWR
$90.8B
| $9.45M | ﹤0.01% |
327,959
+113,103
| +53% | +$3.31M |
|
2050
PUT
iShares MSCI Turkey ETF
TUR
$222M
| $9.45M | ﹤0.01% |
209,300
+160,000
| +325% | +$7.52M |
|
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.