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 | |
|---|---|---|---|---|---|---|
351
CALL
American International
AIG
$39.8B
| $105M | 0.05% |
1,920,100
-3,441,600
| -64% | -$185M |
|
352
CALL
Wynn Resorts
WYNN
$10.3B
| $105M | 0.05% |
835,200
-484,800
| -37% | -$69.2M |
|
353
Mastercard
MA
$509B
| $105M | 0.05% |
1,216,391
-714,726
| -37% | -$62M |
|
|
WFM
354
PUT
DELISTED
Whole Foods Market Inc
WFM
| $104M | 0.05% |
2,002,100
-440,300
| -18% | -$23.6M |
|
355
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $104M | 0.05% |
985,800
+329,900
| +50% | +$36.5M |
|
|
ESRX
356
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $103M | 0.05% |
1,192,300
-1,019,800
| -46% | -$85.5M |
|
357
PUT
United Parcel Service
UPS
$86.8B
| $103M | 0.05% |
1,062,300
-73,200
| -6% | -$7.51M |
|
358
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $103M | 0.05% |
3,360,400
+328,800
| +11% | +$9.94M |
|
359
PUT
Lockheed Martin
LMT
$130B
| $103M | 0.05% |
505,600
-417,100
| -45% | -$82.3M |
|
|
AET
360
CALL
DELISTED
Aetna Inc
AET
| $102M | 0.05% |
962,100
-81,800
| -8% | -$8.01M |
|
361
Tesla
TSLA
$1.43T
| $102M | 0.05% |
8,137,350
-1,757,190
| -18% | -$23.7M |
|
362
PUT
HP
HPQ
$27.2B
| $101M | 0.05% |
7,172,354
+2,657,373
| +59% | +$43.8M |
|
363
CALL
GoPro
GPRO
$116M
| $101M | 0.05% |
2,329,000
+309,500
| +15% | +$14.6M |
|
364
CALL
Marathon Petroleum
MPC
$101B
| $100M | 0.05% |
1,961,800
-726,400
| -27% | -$34.9M |
|
365
PUT
Western Digital
WDC
$166B
| $99.6M | 0.05% |
1,447,759
+614,798
| +74% | +$48.1M |
|
|
CHK
366
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $99.1M | 0.05% |
34,979
-1,206
| -3% | -$4.26M |
|
|
XLNX
367
CALL
DELISTED
Xilinx Inc
XLNX
| $98.7M | 0.04% |
2,332,200
+920,900
| +65% | +$37.8M |
|
368
CALL
Deere & Co
DE
$175B
| $97.5M | 0.04% |
1,111,500
+83,900
| +8% | +$7.44M |
|
369
AB InBev
BUD
$155B
| $97.4M | 0.04% |
+798,828
| New | +$96.5M |
|
|
BEAV
370
CALL
DELISTED
B/E Aerospace Inc
BEAV
| $97.3M | 0.04% |
1,528,800
-769,100
| -33% | -$47.2M |
|
371
PUT
Yelp
YELP
$1.27B
| $97M | 0.04% |
2,047,700
-302,700
| -13% | -$15M |
|
372
PUT
HCA Healthcare
HCA
$92.9B
| $96.6M | 0.04% |
1,284,000
+165,800
| +15% | +$11.9M |
|
|
XLNX
373
PUT
DELISTED
Xilinx Inc
XLNX
| $96.5M | 0.04% |
2,280,600
+606,500
| +36% | +$24.9M |
|
|
ESRX
374
DELISTED
Express Scripts Holding Company
ESRX
| $96.3M | 0.04% |
1,109,329
-805,254
| -42% | -$67.5M |
|
375
Cheniere Energy
LNG
$57.3B
| $95.5M | 0.04% |
1,233,598
-175,312
| -12% | -$13.1M |
|
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.