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 | |
|---|---|---|---|---|---|---|
251
CALL
Starbucks
SBUX
$122B
| $150M | 0.07% |
3,172,600
-103,600
| -3% | -$4.65M |
|
252
CALL
Oracle
ORCL
$422B
| $150M | 0.07% |
3,472,400
-3,250,000
| -48% | -$141M |
|
253
CALL
Bristol-Myers Squibb
BMY
$137B
| $150M | 0.07% |
2,318,400
-726,200
| -24% | -$45.5M |
|
254
CF Industries
CF
$19.6B
| $149M | 0.07% |
2,632,230
+467,985
| +22% | +$27.9M |
|
255
CALL
Intercontinental Exchange
ICE
$90.5B
| $149M | 0.07% |
3,189,000
+729,500
| +30% | +$32.9M |
|
256
PUT
Monster Beverage
MNST
$93.6B
| $149M | 0.07% |
12,885,600
+3,264,000
| +34% | +$34.2M |
|
257
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $148M | 0.07% |
2,041,022
+1,884,577
| +1,205% | +$134M |
|
258
CALL
Royal Caribbean
RCL
$78.1B
| $148M | 0.07% |
1,807,600
+867,300
| +92% | +$68.6M |
|
259
PUT
Merck
MRK
$376B
| $148M | 0.07% |
2,697,133
-4,301,935
| -61% | -$244M |
|
260
PUT
United Airlines
UAL
$36.7B
| $148M | 0.07% |
2,198,300
-1,358,200
| -38% | -$92M |
|
261
CALL
Halliburton
HAL
$29.4B
| $147M | 0.07% |
3,360,300
-3,099,600
| -48% | -$129M |
|
262
PUT
Under Armour
UAA
$2.32B
| $147M | 0.07% |
3,646,800
-48,800
| -1% | -$1.8M |
|
263
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $147M | 0.07% |
2,666,310
-67,578
| -2% | -$3.52M |
|
|
PXD
264
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $146M | 0.07% |
895,200
-124,900
| -12% | -$19.2M |
|
|
PARA
265
PUT
DELISTED
Paramount Global Class B
PARA
| $144M | 0.07% |
2,379,500
-2,141,800
| -47% | -$125M |
|
266
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $144M | 0.07% |
519,700
-513,600
| -50% | -$138M |
|
267
CALL
Cisco
CSCO
$438B
| $143M | 0.07% |
5,211,500
-1,618,500
| -24% | -$45.6M |
|
|
APC
268
DELISTED
Anadarko Petroleum
APC
| $142M | 0.06% |
1,718,390
+307,986
| +22% | +$25.2M |
|
269
PUT
DuPont de Nemours
DD
$18.7B
| $141M | 0.06% |
1,162,056
-1,110,643
| -49% | -$132M |
|
|
PXD
270
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $141M | 0.06% |
859,700
-479,700
| -36% | -$73.7M |
|
271
CALL
Eli Lilly
LLY
$1.12T
| $140M | 0.06% |
1,932,300
-128,000
| -6% | -$9.11M |
|
272
PUT
Simon Property Group
SPG
$70.6B
| $139M | 0.06% |
708,000
+134,200
| +23% | +$26M |
|
273
CALL
Delta Air Lines
DAL
$54.2B
| $138M | 0.06% |
3,063,600
-1,873,000
| -38% | -$86.9M |
|
|
274
CALL
DuPont de Nemours
DD
$18.7B
| $137M | 0.06% |
1,131,413
-642,590
| -36% | -$76.3M |
|
275
PUT
Applied Materials
AMAT
$391B
| $137M | 0.06% |
6,080,900
+3,860,600
| +174% | +$92.5M |
|
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.