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 | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $12.1B | 5.24% |
63,287,560
-1,820,470
| -3% | -$369M |
|
2
PUT
Apple
AAPL
$4.51T
| $7.88B | 3.41% |
285,755,880
+27,862,720
| +11% | +$817M |
|
|
3
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $6.69B | 2.89% |
34,897,520
+661,950
| +2% | +$134M |
|
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $6.63B | 2.87% |
34,617,927
+6,381,820
| +23% | +$1.29B |
|
|
5
CALL
Apple
AAPL
$4.51T
| $5.12B | 2.22% |
185,796,760
-2,341,280
| -1% | -$68.7M |
|
|
6
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $4.52B | 1.95% |
144,436,800
+51,469,000
| +55% | +$1.58B |
|
|
7
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $4.11B | 1.78% |
37,630,700
+14,779,000
| +65% | +$1.75B |
|
|
8
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $3.69B | 1.59% |
117,942,000
+161,600
| +0.1% | +$4.97M |
|
|
9
Apple
AAPL
$4.51T
| $3.68B | 1.59% |
133,328,960
+731,224
| +0.6% | +$21.4M |
|
10
PUT
Invesco QQQ Trust
QQQ
$486B
| $2.26B | 0.98% |
22,177,400
+16,715,700
| +306% | +$1.8B |
|
11
CALL
Amazon
AMZN
$2.79T
| $2.15B | 0.93% |
83,865,800
+19,331,400
| +30% | +$489M |
|
|
12
PUT
Amazon
AMZN
$2.79T
| $2.02B | 0.87% |
78,926,000
+16,954,400
| +27% | +$429M |
|
|
13
CALL
Meta Platforms (Facebook)
META
$1.4T
| $1.91B | 0.82% |
21,197,200
+4,697,900
| +28% | +$431M |
|
|
14
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.9B | 0.82% |
17,400,800
+2,038,800
| +13% | +$242M |
|
15
PUT
Netflix
NFLX
$331B
| $1.77B | 0.77% |
171,372,000
-130,608,000
| -43% | -$1.4B |
|
16
PUT
Booking.com
BKNG
$158B
| $1.61B | 0.7% |
32,582,500
+462,500
| +1% | +$23M |
|
17
PUT
Tesla
TSLA
$1.43T
| $1.55B | 0.67% |
93,487,500
+6,415,500
| +7% | +$109M |
|
|
18
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.42B | 0.61% |
15,796,200
+2,670,100
| +20% | +$245M |
|
|
19
CALL
Booking.com
BKNG
$158B
| $1.39B | 0.6% |
28,117,500
-3,730,000
| -12% | -$185M |
|
|
20
CALL
Tesla
TSLA
$1.43T
| $1.28B | 0.55% |
77,004,000
+2,244,000
| +3% | +$38.1M |
|
21
PUT
Gilead Sciences
GILD
$181B
| $1.22B | 0.53% |
12,451,000
+2,230,700
| +22% | +$248M |
|
|
22
CALL
Alibaba
BABA
$286B
| $1.11B | 0.48% |
18,777,900
+628,300
| +3% | +$45.7M |
|
|
23
CALL
Netflix
NFLX
$331B
| $1.11B | 0.48% |
107,216,000
-105,276,000
| -50% | -$1.13B |
|
24
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.09B | 0.47% |
33,401,900
+10,691,600
| +47% | +$378M |
|
25
PUT
Bank of America
BAC
$431B
| $1.07B | 0.46% |
68,758,400
+4,131,000
| +6% | +$69.5M |
|
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.