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 | |
|---|---|---|---|---|---|---|
201
CALL
Bristol-Myers Squibb
BMY
$137B
| $198M | 0.09% |
3,339,900
+1,530,400
| +85% | +$97.1M |
|
202
CALL
AbbVie
ABBV
$468B
| $197M | 0.09% |
3,625,100
-238,500
| -6% | -$15.5M |
|
203
CALL
Verizon
VZ
$205B
| $196M | 0.08% |
4,491,500
-871,800
| -16% | -$40.2M |
|
204
CALL
Micron Technology
MU
$1.09T
| $191M | 0.08% |
12,744,900
+5,614,200
| +79% | +$96.5M |
|
205
CALL
Walmart Inc
WMT
$825B
| $191M | 0.08% |
8,827,800
-4,446,300
| -33% | -$102M |
|
206
PUT
Intuitive Surgical
ISRG
$134B
| $188M | 0.08% |
3,686,400
-715,500
| -16% | -$40.5M |
|
207
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $187M | 0.08% |
1,424,075
+480,450
| +51% | +$73.3M |
|
208
PUT
HP
HPQ
$27.2B
| $186M | 0.08% |
16,019,990
+2,499,930
| +18% | +$32.5M |
|
|
CBI
209
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $186M | 0.08% |
4,679,500
+73,000
| +2% | +$3.38M |
|
210
Booking.com
BKNG
$158B
| $185M | 0.08% |
3,734,775
-454,175
| -11% | -$22.6M |
|
211
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $185M | 0.08% |
8,415,100
+3,415,200
| +68% | +$91.1M |
|
212
CALL
Philip Morris
PM
$293B
| $184M | 0.08% |
2,323,100
+623,500
| +37% | +$51.3M |
|
213
Baidu
BIDU
$31.6B
| $183M | 0.08% |
1,332,558
+405,162
| +44% | +$66.8M |
|
214
PUT
Palo Alto Networks
PANW
$292B
| $183M | 0.08% |
6,381,000
+1,305,000
| +26% | +$38.5M |
|
215
PUT
ConocoPhillips
COP
$162B
| $183M | 0.08% |
3,806,600
+1,989,000
| +109% | +$101M |
|
216
CALL
Home Depot
HD
$335B
| $182M | 0.08% |
1,579,000
-21,300
| -1% | -$2.46M |
|
217
AT&T
T
$173B
| $180M | 0.08% |
7,296,879
+200,120
| +3% | +$5.1M |
|
218
PUT
AB InBev
BUD
$155B
| $179M | 0.08% |
1,685,900
+291,900
| +21% | +$33.9M |
|
219
CALL
Comcast
CMCSA
$95.3B
| $179M | 0.08% |
6,285,000
+116,400
| +2% | +$3.46M |
|
220
CALL
Salesforce
CRM
$171B
| $178M | 0.08% |
2,568,200
-97,200
| -4% | -$6.89M |
|
221
CALL
iShares Silver Trust
SLV
$33.8B
| $178M | 0.08% |
12,735,400
+1,002,900
| +9% | +$14.3M |
|
222
CALL
Halliburton
HAL
$29.4B
| $177M | 0.08% |
5,011,100
+1,181,900
| +31% | +$46.5M |
|
223
CALL
Qualcomm
QCOM
$169B
| $176M | 0.08% |
3,279,800
-4,127,900
| -56% | -$245M |
|
224
CALL
3M
MMM
$92.3B
| $172M | 0.07% |
1,450,509
+47,960
| +3% | +$5.9M |
|
|
WBA
225
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $171M | 0.07% |
2,059,800
+624,800
| +44% | +$56.5M |
|
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.