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 | |
|---|---|---|---|---|---|---|
326
PUT
Starbucks
SBUX
$122B
| $115M | 0.05% |
2,429,200
-667,600
| -22% | -$30M |
|
327
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $115M | 0.05% |
926,047
+918,791
| +12,663% | +$114M |
|
328
CALL
ConocoPhillips
COP
$162B
| $114M | 0.05% |
1,838,900
-1,756,900
| -49% | -$114M |
|
329
CALL
RTX Corp
RTX
$283B
| $114M | 0.05% |
1,549,434
-1,079,725
| -41% | -$80.6M |
|
330
PUT
First Solar
FSLR
$23B
| $114M | 0.05% |
1,911,200
-570,400
| -23% | -$29.3M |
|
331
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $114M | 0.05% |
2,528,200
-110,800
| -4% | -$4.54M |
|
332
Delta Air Lines
DAL
$54.2B
| $113M | 0.05% |
2,508,936
+2,257,366
| +897% | +$105M |
|
333
PUT
Ambarella
AMBA
$3.23B
| $113M | 0.05% |
1,488,000
-164,500
| -10% | -$9.98M |
|
334
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $112M | 0.05% |
404,400
-13,800
| -3% | -$3.72M |
|
|
KRFT
335
PUT
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $112M | 0.05% |
1,281,900
+546,400
| +74% | +$36.1M |
|
336
PUT
Palo Alto Networks
PANW
$292B
| $111M | 0.05% |
4,576,800
-876,600
| -16% | -$19.6M |
|
337
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $110M | 0.05% |
5,209,803
+625,672
| +14% | +$13.2M |
|
338
CALL
Transocean
RIG
$6.61B
| $110M | 0.05% |
7,513,800
+1,780,200
| +31% | +$28.9M |
|
339
PUT
UnitedHealth
UNH
$350B
| $110M | 0.05% |
931,700
-285,700
| -23% | -$31.7M |
|
|
340
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $109M | 0.05% |
836,124
-3,493,245
| -81% | -$456M |
|
341
PUT
AutoZone
AZO
$48.3B
| $109M | 0.05% |
159,100
-37,100
| -19% | -$23.3M |
|
342
Comcast
CMCSA
$95.3B
| $108M | 0.05% |
3,823,812
-448,742
| -11% | -$12.9M |
|
343
CALL
MetLife
MET
$60B
| $108M | 0.05% |
2,389,860
+624,730
| +35% | +$28.1M |
|
344
PUT
Valero Energy
VLO
$100B
| $108M | 0.05% |
1,690,000
-325,300
| -16% | -$18.2M |
|
345
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $107M | 0.05% |
1,943,400
+210,500
| +12% | +$11M |
|
346
Booking.com
BKNG
$158B
| $107M | 0.05% |
2,299,350
-1,944,000
| -46% | -$87M |
|
347
Applied Materials
AMAT
$391B
| $107M | 0.05% |
4,730,750
+1,421,490
| +43% | +$34.1M |
|
348
CALL
Yum! Brands
YUM
$41.8B
| $106M | 0.05% |
1,872,425
+1,060,916
| +131% | +$57.9M |
|
|
GMCR
349
DELISTED
KEURIG GREEN MTN INC
GMCR
| $106M | 0.05% |
947,825
-206,272
| -18% | -$25.8M |
|
350
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $106M | 0.05% |
4,759,400
+1,885,400
| +66% | +$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.