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 | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $9.16B | 4.23% |
44,493,490
-18,794,070
| -30% | -$3.86B |
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $7.45B | 3.44% |
36,534,207
+1,916,280
| +6% | +$394M |
|
|
3
PUT
Apple
AAPL
$4.51T
| $6.48B | 2.99% |
246,121,080
-39,634,800
| -14% | -$1.13B |
|
|
4
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $4.48B | 2.07% |
21,732,850
-13,164,670
| -38% | -$2.7B |
|
|
5
Apple
AAPL
$4.51T
| $3.86B | 1.78% |
146,549,820
+13,220,860
| +10% | +$378M |
|
6
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $3.34B | 1.55% |
29,327,700
-8,303,000
| -22% | -$958M |
|
|
7
CALL
Apple
AAPL
$4.51T
| $2.84B | 1.31% |
108,067,280
-77,729,480
| -42% | -$2.22B |
|
8
PUT
Amazon
AMZN
$2.79T
| $2.66B | 1.23% |
78,829,800
-96,200
| -0.1% | -$3.03M |
|
|
9
CALL
Amazon
AMZN
$2.79T
| $2.63B | 1.22% |
77,837,800
-6,028,000
| -7% | -$190M |
|
|
10
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.52B | 1.16% |
+64,693,200
| New | +$2.39B |
|
|
11
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $2.46B | 1.14% |
64,900,000
-79,536,800
| -55% | -$2.85B |
|
|
12
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $2.24B | 1.04% |
59,078,000
-58,864,000
| -50% | -$2.11B |
|
|
13
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $2.19B | 1.01% |
+56,224,200
| New | +$2.08B |
|
14
CALL
SPDR Gold Trust
GLD
$152B
| $1.68B | 0.78% |
16,549,550
+8,967,610
| +118% | +$948M |
|
15
CALL
Meta Platforms (Facebook)
META
$1.4T
| $1.66B | 0.77% |
15,856,600
-5,340,600
| -25% | -$549M |
|
|
16
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.59B | 0.73% |
13,907,400
-3,493,400
| -20% | -$403M |
|
17
PUT
Netflix
NFLX
$331B
| $1.56B | 0.72% |
136,309,000
-35,063,000
| -20% | -$401M |
|
18
CALL
Alibaba
BABA
$286B
| $1.47B | 0.68% |
18,077,200
-700,700
| -4% | -$55M |
|
19
PUT
Booking.com
BKNG
$158B
| $1.45B | 0.67% |
28,367,500
-4,215,000
| -13% | -$223M |
|
20
PUT
ExxonMobil
XOM
$679B
| $1.34B | 0.62% |
17,175,200
+11,844,200
| +222% | +$947M |
|
21
PUT
Tesla
TSLA
$1.43T
| $1.32B | 0.61% |
82,656,000
-10,831,500
| -12% | -$162M |
|
22
PUT
Invesco QQQ Trust
QQQ
$486B
| $1.27B | 0.59% |
11,325,600
-10,851,800
| -49% | -$1.21B |
|
|
23
CALL
Booking.com
BKNG
$158B
| $1.24B | 0.57% |
24,385,000
-3,732,500
| -13% | -$197M |
|
24
PUT
Bank of America
BAC
$431B
| $1.14B | 0.53% |
67,584,200
-1,174,200
| -2% | -$19.9M |
|
|
25
CALL
Tesla
TSLA
$1.43T
| $1.09B | 0.5% |
68,188,500
-8,815,500
| -11% | -$132M |
|
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.