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
|
+$1.58B |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$244M |
| 4 |
Coca-Cola
KO
|
+$222M |
| 5 |
United States Oil Fund
USO
|
+$211M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$456M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$433M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$341M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$318M |
| 5 |
YHOO
Yahoo Inc
YHOO
|
+$303M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.99% |
| 2 | Financials | 1.89% |
| 3 | Consumer Discretionary | 1.86% |
| 4 | Healthcare | 1.5% |
| 5 | Energy | 1.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Marathon Petroleum
MPC
$101B
| $175M | 0.08% |
3,409,800
+1,111,600
| +48% | +$53.4M |
|
|
SHLD
227
PUT
DELISTED
Sears Holding Corporation
SHLD
| $173M | 0.08% |
4,180,500
-2,033,800
| -33% | -$73.9M |
|
228
PUT
EOG Resources
EOG
$80.3B
| $171M | 0.08% |
1,869,400
-39,000
| -2% | -$3.52M |
|
229
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $169M | 0.08% |
9,244,400
-741,300
| -7% | -$15.1M |
|
|
QIHU
230
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $168M | 0.08% |
3,286,600
+381,000
| +13% | +$20.7M |
|
231
PUT
Costco
COST
$420B
| $166M | 0.08% |
1,095,000
-351,000
| -24% | -$51.5M |
|
232
CALL
Target
TGT
$75.1B
| $165M | 0.07% |
2,009,700
-481,900
| -19% | -$37.2M |
|
|
233
CALL
Coca-Cola
KO
$392B
| $164M | 0.07% |
4,038,900
-2,464,000
| -38% | -$103M |
|
234
American International
AIG
$39.8B
| $163M | 0.07% |
2,975,555
+1,499,019
| +102% | +$80.4M |
|
235
CALL
Herbalife
HLF
$1.33B
| $162M | 0.07% |
7,589,400
-3,035,800
| -29% | -$51.8M |
|
236
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$635M
| $161M | 0.07% |
46,263
+33,113
| +252% | +$113M |
|
237
CALL
Home Depot
HD
$335B
| $160M | 0.07% |
1,408,800
-254,100
| -15% | -$28M |
|
238
PUT
FedEx
FDX
$76.9B
| $159M | 0.07% |
958,100
-229,300
| -19% | -$39.8M |
|
239
CALL
Intuitive Surgical
ISRG
$134B
| $158M | 0.07% |
2,820,600
-2,334,600
| -45% | -$132M |
|
240
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $158M | 0.07% |
1,993,600
+745,700
| +60% | +$59.7M |
|
|
ICPT
241
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $157M | 0.07% |
555,700
+118,500
| +27% | +$25.7M |
|
|
TPH
242
DELISTED
Tri Pointe Homes
TPH
| $155M | 0.07% |
10,065,625
-1,503,582
| -13% | -$22.6M |
|
243
PUT
Nike
NKE
$60.5B
| $155M | 0.07% |
3,090,600
+430,200
| +16% | +$20.6M |
|
|
TWC
244
CALL
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $154M | 0.07% |
1,025,800
+25,700
| +3% | +$3.83M |
|
|
CBI
245
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $154M | 0.07% |
3,117,500
+610,000
| +24% | +$25.7M |
|
246
PUT
Freeport-McMoran
FCX
$110B
| $154M | 0.07% |
8,101,700
-176,300
| -2% | -$3.49M |
|
247
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $153M | 0.07% |
742,600
-1,631,000
| -69% | -$316M |
|
248
PUT
Skyworks Solutions
SWKS
$10.1B
| $153M | 0.07% |
1,554,800
+405,200
| +35% | +$34.6M |
|
249
American Express
AXP
$227B
| $153M | 0.07% |
1,954,645
+1,509,565
| +339% | +$125M |
|
250
PUT
3D Systems Corp
DDD
$530M
| $150M | 0.07% |
5,485,700
-1,482,150
| -21% | -$43.6M |
|
Similar funds
Jeff Yass's Q1 2015 Portfolio in Review
As of Q1 2015, Jeff Yass held 10,735 positions worth $220B, down 13% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass withdrew a net $35.6B in Q1 2015, closing 1,393 positions and reducing 4,492 holdings. Its most notable exit was RF MICRO DEVICES INC, an estimated $38.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.5% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in AB InBev worth $97.4M.
- Jeff Yass's largest Q1 2015 buy was AB InBev: 798,828 shares worth $97.4M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2015, an estimated $1.58B increase.
- Jeff Yass's biggest Q1 2015 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $456M.
- Jeff Yass fully exited RF MICRO DEVICES INC in Q1 2015, selling an estimated $38.3M.
- Jeff Yass's ten largest holdings make up 25% of its $220B portfolio in Q1 2015.
- Jeff Yass opened 1,178 new positions and closed 1,393 in Q1 2015.
- Jeff Yass's portfolio value fell 13% quarter-over-quarter to $220B.
Based on Susquehanna International Group's 13F filing for Q1 2015, filed 15 May 2015.