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
|
+$769M |
| 2 |
Bank of America
BAC
|
+$569M |
| 3 |
Citigroup
C
|
+$440M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$356M |
| 5 |
Amazon
AMZN
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$483M |
| 3 |
SPDR Gold Trust
GLD
|
+$246M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$233M |
| 5 |
iShares Russell 2000 Growth ETF
IWO
|
+$202M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.44% |
| 2 | Financials | 2.28% |
| 3 | Consumer Discretionary | 1.87% |
| 4 | Communication Services | 1.75% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Visa
V
$693B
| $160M | 0.07% |
2,967,520
+1,575,152
| +113% | +$87.5M |
|
|
SINA
227
PUT
DELISTED
Sina Corp
SINA
| $160M | 0.07% |
2,649,000
+660,600
| +33% | +$47.1M |
|
|
B
228
PUT
Barrick Mining
B
$78.3B
| $159M | 0.07% |
8,943,800
-1,889,200
| -17% | -$36.5M |
|
229
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $159M | 0.07% |
2,350,400
+234,800
| +11% | +$15.6M |
|
230
iShares Silver Trust
SLV
$33.8B
| $159M | 0.07% |
8,330,642
+3,438,715
| +70% | +$67.6M |
|
231
PUT
Starbucks
SBUX
$122B
| $157M | 0.07% |
4,289,600
+974,800
| +29% | +$36.1M |
|
232
PUT
CF Industries
CF
$19.6B
| $157M | 0.07% |
3,013,000
-193,500
| -6% | -$9.42M |
|
233
PUT
McDonald's
MCD
$192B
| $157M | 0.07% |
1,600,400
-294,600
| -16% | -$28.2M |
|
234
PUT
Cheniere Energy
LNG
$57.3B
| $153M | 0.07% |
2,769,600
-669,600
| -19% | -$32.1M |
|
235
PUT
Walt Disney
DIS
$186B
| $153M | 0.07% |
1,908,000
+44,000
| +2% | +$3.41M |
|
236
CALL
Eli Lilly
LLY
$1.12T
| $153M | 0.07% |
2,595,100
+817,700
| +46% | +$45.6M |
|
|
B
237
Barrick Mining
B
$78.3B
| $152M | 0.07% |
8,525,691
-3,145,159
| -27% | -$60.8M |
|
238
IBM
IBM
$222B
| $151M | 0.07% |
820,377
-341,261
| -29% | -$60.1M |
|
239
CALL
UnitedHealth
UNH
$350B
| $150M | 0.07% |
1,832,200
-12,800
| -0.7% | -$963K |
|
240
PUT
Costco
COST
$420B
| $150M | 0.07% |
1,338,800
+398,900
| +42% | +$45.6M |
|
241
CALL
American Airlines Group
AAL
$9.15B
| $149M | 0.07% |
4,078,000
-3,305,000
| -45% | -$113M |
|
242
CALL
3D Systems Corp
DDD
$530M
| $147M | 0.07% |
2,492,600
+337,800
| +16% | +$25.2M |
|
243
CALL
Union Pacific
UNP
$183B
| $147M | 0.07% |
1,570,200
+119,800
| +8% | +$10.6M |
|
244
PUT
SLB Ltd
SLB
$79.9B
| $146M | 0.07% |
1,498,500
+16,400
| +1% | +$1.48M |
|
|
AGN
245
PUT
DELISTED
Allergan plc
AGN
| $146M | 0.07% |
709,000
+284,200
| +67% | +$56.3M |
|
246
PepsiCo
PEP
$196B
| $146M | 0.07% |
1,746,779
+1,133,577
| +185% | +$92M |
|
|
QCOR
247
PUT
DELISTED
QUESTCOR PHARMA INC
QCOR
| $146M | 0.07% |
2,242,400
-201,100
| -8% | -$12.8M |
|
248
PUT
Blackrock
BLK
$179B
| $145M | 0.07% |
462,600
+6,100
| +1% | +$1.86M |
|
249
Visteon
VC
$2.83B
| $145M | 0.07% |
1,643,844
-76,211
| -4% | -$6.35M |
|
250
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $145M | 0.07% |
1,486,730
+1,421,836
| +2,191% | +$136M |
|
Similar funds
Jeff Yass's Q1 2014 Portfolio in Review
As of Q1 2014, Jeff Yass held 10,124 positions worth $216B, down 0.37% from $217B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q1 2014 filing shows 1,198 new, 3,663 increased, 3,868 reduced and 1,303 closed positions. Its largest new stake was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M. The largest sale was Apple, an estimated $2.22B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- Jeff Yass's largest Q1 2014 buy was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M.
- Jeff Yass added most to Alphabet (Google) Class C in Q1 2014, an estimated $769M increase.
- Jeff Yass's biggest Q1 2014 reduction was Apple, cutting an estimated $2.22B.
- Jeff Yass fully exited Vodafone in Q1 2014, selling an estimated $54.1M.
- Jeff Yass's ten largest holdings make up 23% of its $216B portfolio in Q1 2014.
- Jeff Yass opened 1,198 new positions and closed 1,303 in Q1 2014.
- Jeff Yass's portfolio value fell 0.37% quarter-over-quarter to $216B.
Based on Susquehanna International Group's 13F filing for Q1 2014, filed 14 May 2014.