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 | |
|---|---|---|---|---|---|---|
|
VAL
2401
DELISTED
Valspar
VAL
| $7.15M | ﹤0.01% |
87,399
+45,385
| +108% | +$3.8M |
|
2402
Norfolk Southern
NSC
$79.2B
| $7.15M | ﹤0.01% |
81,827
+16,198
| +25% | +$1.58M |
|
|
LTRPA
2403
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $7.15M | ﹤0.01% |
221,882
+186,050
| +519% | +$5.65M |
|
2404
CALL
Affiliated Managers Group
AMG
$9.58B
| $7.15M | ﹤0.01% |
32,700
-800
| -2% | -$178K |
|
|
SWN
2405
DELISTED
Southwestern Energy Company
SWN
| $7.14M | ﹤0.01% |
314,192
-207,350
| -40% | -$5.32M |
|
2406
Quest Diagnostics
DGX
$27B
| $7.13M | ﹤0.01% |
98,393
+26,956
| +38% | +$1.99M |
|
2407
PUT
Open Text
OTEX
$5.89B
| $7.13M | ﹤0.01% |
352,000
+41,800
| +13% | +$1.01M |
|
2408
PUT
Eagle Materials
EXP
$6.14B
| $7.13M | ﹤0.01% |
93,400
+7,700
| +9% | +$636K |
|
2409
Dana Inc
DAN
$3.24B
| $7.12M | ﹤0.01% |
345,973
+283,322
| +452% | +$6.13M |
|
2410
Prospect Capital
PSEC
$1.18B
| $7.12M | ﹤0.01% |
965,724
+611,750
| +173% | +$4.91M |
|
|
GLOG
2411
CALL
DELISTED
GASLOG LTD
GLOG
| $7.11M | ﹤0.01% |
356,400
-112,300
| -24% | -$2.37M |
|
|
AXLL
2412
CALL
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $7.1M | ﹤0.01% |
197,000
+86,500
| +78% | +$3.45M |
|
2413
Markel Group
MKL
$22.5B
| $7.1M | ﹤0.01% |
8,865
-1,395
| -14% | -$1.08M |
|
2414
PUT
Expeditors International
EXPD
$24.7B
| $7.09M | ﹤0.01% |
153,700
+40,600
| +36% | +$1.91M |
|
|
ZNGA
2415
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $7.07M | ﹤0.01% |
2,471,511
-7,642,374
| -76% | -$21.4M |
|
2416
Ashland
ASH
$3.4B
| $7.07M | ﹤0.01% |
118,480
+13,792
| +13% | +$859K |
|
|
MFRM
2417
CALL
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $7.06M | ﹤0.01% |
115,800
+50,700
| +78% | +$3.09M |
|
2418
CALL
Eversource Energy
ES
$27B
| $7.06M | ﹤0.01% |
155,400
+71,700
| +86% | +$3.48M |
|
2419
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $7.05M | ﹤0.01% |
96,900
+30,500
| +46% | +$2.31M |
|
2420
PUT
Dover
DOV
$27.6B
| $7.05M | ﹤0.01% |
124,419
-14,113
| -10% | -$840K |
|
2421
LyondellBasell Industries
LYB
$20.2B
| $7.05M | ﹤0.01% |
68,100
-22,230
| -25% | -$2.24M |
|
2422
CALL
Heron Therapeutics
HRTX
$59.3M
| $7.05M | ﹤0.01% |
226,200
-205,000
| -48% | -$3.86M |
|
2423
CALL
Raymond James Financial
RJF
$34B
| $7.04M | ﹤0.01% |
177,150
+43,350
| +32% | +$1.68M |
|
2424
IQVIA
IQV
$43B
| $7.02M | ﹤0.01% |
+96,708
| New | +$6.63M |
|
|
2425
PUT
IQVIA
IQV
$43B
| $7.02M | ﹤0.01% |
96,700
+61,200
| +172% | +$4.2M |
|
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.