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 | |
|---|---|---|---|---|---|---|
301
Philip Morris
PM
$293B
| $117M | 0.05% |
1,430,517
+253,611
| +22% | +$20.5M |
|
302
CALL
Baxter International
BAX
$13.6B
| $117M | 0.05% |
2,922,403
+1,421,067
| +95% | +$53.1M |
|
303
PUT
Cleveland-Cliffs
CLF
$6.43B
| $117M | 0.05% |
5,698,700
+523,200
| +10% | +$10.8M |
|
304
AT&T
T
$173B
| $116M | 0.05% |
4,390,134
-3,327,912
| -43% | -$83.6M |
|
305
BP
BP
$115B
| $115M | 0.05% |
2,927,090
+1,002,209
| +52% | +$39.5M |
|
306
PUT
Marathon Petroleum
MPC
$101B
| $115M | 0.05% |
2,642,400
-96,200
| -4% | -$4.22M |
|
307
CALL
AbbVie
ABBV
$468B
| $114M | 0.05% |
2,210,500
+298,200
| +16% | +$15.1M |
|
|
TWC
308
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $113M | 0.05% |
826,198
+152,021
| +23% | +$20.8M |
|
|
HES
309
CALL
DELISTED
Hess
HES
| $113M | 0.05% |
1,364,200
-206,700
| -13% | -$16.4M |
|
310
CALL
Deere & Co
DE
$175B
| $113M | 0.05% |
1,244,600
+359,000
| +41% | +$31.4M |
|
311
Wells Fargo
WFC
$254B
| $113M | 0.05% |
2,271,130
-683,173
| -23% | -$31.8M |
|
312
CALL
Coca-Cola
KO
$392B
| $113M | 0.05% |
2,919,600
-1,775,300
| -38% | -$68.6M |
|
313
CALL
Oil States International
OIS
$522M
| $113M | 0.05% |
1,998,850
+166,075
| +9% | +$9.2M |
|
|
SINA
314
CALL
DELISTED
Sina Corp
SINA
| $112M | 0.05% |
1,859,200
+23,500
| +1% | +$1.68M |
|
315
CALL
Vipshop
VIPS
$6.98B
| $111M | 0.05% |
7,464,000
+4,201,000
| +129% | +$50M |
|
316
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.8B
| $111M | 0.05% |
2,497,800
-1,856,400
| -43% | -$80.1M |
|
317
Starbucks
SBUX
$122B
| $111M | 0.05% |
3,025,370
+1,046,888
| +53% | +$38.7M |
|
318
PUT
Nu Skin
NUS
$231M
| $111M | 0.05% |
1,337,600
+929,300
| +228% | +$81.6M |
|
319
CALL
McDonald's
MCD
$192B
| $111M | 0.05% |
1,130,300
-175,500
| -13% | -$16.8M |
|
320
CALL
RTX Corp
RTX
$283B
| $110M | 0.05% |
1,495,885
+195,447
| +15% | +$14M |
|
321
Vale
VALE
$62.1B
| $110M | 0.05% |
7,947,686
+2,283,175
| +40% | +$31.2M |
|
322
Kinder Morgan
KMI
$69B
| $110M | 0.05% |
3,381,838
+1,903,303
| +129% | +$63.8M |
|
|
PCYC
323
PUT
DELISTED
PHARMACYCLICS INC
PCYC
| $107M | 0.05% |
1,067,800
+157,800
| +17% | +$20.5M |
|
324
Chevron
CVX
$403B
| $107M | 0.05% |
898,985
+167,122
| +23% | +$19.4M |
|
325
PUT
Oracle
ORCL
$422B
| $107M | 0.05% |
2,611,600
-123,500
| -5% | -$4.7M |
|
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.