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 |
Synchrony
SYF
|
+$683M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$485M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$394M |
| 4 |
Apple
AAPL
|
+$378M |
| 5 |
Bausch Health
BHC
|
+$280M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$805M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$603M |
| 3 |
GE Aerospace
GE
|
+$548M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$426M |
| 5 |
Gilead Sciences
GILD
|
+$313M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.05% |
| 2 | Financials | 2.16% |
| 3 | Consumer Discretionary | 1.64% |
| 4 | Communication Services | 1.43% |
| 5 | Healthcare | 1.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CALL
Home Depot
HD
$335B
| $179M | 0.08% |
1,352,900
-226,100
| -14% | -$28.8M |
|
|
TWTR
202
DELISTED
Twitter, Inc.
TWTR
| $179M | 0.08% |
7,724,204
-1,291,090
| -14% | -$34.4M |
|
|
YHOO
203
PUT
DELISTED
Yahoo Inc
YHOO
| $178M | 0.08% |
5,361,400
-4,409,800
| -45% | -$147M |
|
204
CALL
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $178M | 0.08% |
2,538,800
-1,438,700
| -36% | -$98.1M |
|
205
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $178M | 0.08% |
4,028,200
+593,300
| +17% | +$26.1M |
|
206
CALL
lululemon athletica
LULU
$13.7B
| $177M | 0.08% |
3,377,700
+1,388,300
| +70% | +$69.9M |
|
|
207
PUT
lululemon athletica
LULU
$13.7B
| $175M | 0.08% |
3,335,000
+1,769,800
| +113% | +$89.2M |
|
208
Netflix
NFLX
$331B
| $174M | 0.08% |
15,190,110
-24,089,040
| -61% | -$275M |
|
209
PUT
Herbalife
HLF
$1.33B
| $172M | 0.08% |
6,404,200
-1,606,600
| -20% | -$44.6M |
|
210
PUT
Palo Alto Networks
PANW
$292B
| $172M | 0.08% |
5,842,800
-538,200
| -8% | -$15.5M |
|
|
CELG
211
DELISTED
Celgene Corp
CELG
| $170M | 0.08% |
1,422,353
-609,406
| -30% | -$70.5M |
|
|
TWC
212
CALL
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $170M | 0.08% |
916,000
-450,300
| -33% | -$83.5M |
|
213
PUT
Delta Air Lines
DAL
$54.2B
| $169M | 0.08% |
3,331,500
-114,000
| -3% | -$5.64M |
|
214
PUT
Bristol-Myers Squibb
BMY
$137B
| $168M | 0.08% |
2,436,300
-1,627,800
| -40% | -$108M |
|
215
PUT
United States Oil Fund
USO
$2.24B
| $167M | 0.08% |
1,900,975
-1,038,538
| -35% | -$111M |
|
216
PUT
United Parcel Service
UPS
$86.8B
| $166M | 0.08% |
1,729,900
+75,300
| +5% | +$7.69M |
|
217
CALL
Kraft Heinz
KHC
$30.3B
| $164M | 0.08% |
2,252,700
+252,300
| +13% | +$18.6M |
|
218
BP
BP
$115B
| $164M | 0.08% |
6,219,143
-349,512
| -5% | -$9.94M |
|
219
CALL
American International
AIG
$39.8B
| $163M | 0.08% |
2,636,200
-1,691,300
| -39% | -$103M |
|
220
CALL
Eli Lilly
LLY
$1.12T
| $163M | 0.08% |
1,930,600
-458,800
| -19% | -$38.1M |
|
221
CALL
Qualcomm
QCOM
$169B
| $162M | 0.07% |
3,241,800
-38,000
| -1% | -$2.03M |
|
222
PUT
Yum! Brands
YUM
$41.8B
| $162M | 0.07% |
3,081,482
+389,201
| +14% | +$20.3M |
|
223
Microsoft
MSFT
$3.59T
| $161M | 0.07% |
2,908,957
-461,693
| -14% | -$24.3M |
|
|
SCTY
224
CALL
DELISTED
SolarCity Corporation
SCTY
| $161M | 0.07% |
3,159,600
+337,300
| +12% | +$13.1M |
|
225
PUT
Comcast
CMCSA
$95.3B
| $161M | 0.07% |
5,705,400
+11,000
| +0.2% | +$331K |
|
Similar funds
Jeff Yass's Q4 2015 Portfolio in Review
As of Q4 2015, Jeff Yass held 10,716 positions worth $216B, down 6.4% from $231B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jeff Yass withdrew a net $26.7B in Q4 2015, closing 1,373 positions and reducing 4,567 holdings. Its most notable exit was Altera Corp, an estimated $97.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.9% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in Alphabet (Google) Class A worth $510M.
- Jeff Yass's largest Q4 2015 buy was Alphabet (Google) Class A: 13,098,340 shares worth $510M.
- Jeff Yass added most to Synchrony in Q4 2015, an estimated $683M increase.
- Jeff Yass's biggest Q4 2015 reduction was DuPont de Nemours, cutting an estimated $805M.
- Jeff Yass fully exited Altera Corp in Q4 2015, selling an estimated $97.3M.
- Jeff Yass's ten largest holdings make up 21% of its $216B portfolio in Q4 2015.
- Jeff Yass opened 1,138 new positions and closed 1,373 in Q4 2015.
- Jeff Yass's portfolio value fell 6.4% quarter-over-quarter to $216B.
Based on Susquehanna International Group's 13F filing for Q4 2015, filed 16 Feb 2016.