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 | |
|---|---|---|---|---|---|---|
376
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $95.4M | 0.04% |
2,538,800
+1,734,200
| +216% | +$63.7M |
|
|
SCTY
377
CALL
DELISTED
SolarCity Corporation
SCTY
| $95.3M | 0.04% |
1,859,200
+45,400
| +3% | +$2.33M |
|
378
CALL
Monster Beverage
MNST
$93.6B
| $95.1M | 0.04% |
8,247,600
+1,597,200
| +24% | +$16.7M |
|
379
PUT
Philip Morris
PM
$293B
| $95.1M | 0.04% |
1,262,400
+247,600
| +24% | +$20.1M |
|
380
Outfront Media
OUT
$5.25B
| $93.9M | 0.04% |
3,187,030
-405,562
| -11% | -$11.5M |
|
381
American Airlines Group
AAL
$9.15B
| $93.6M | 0.04% |
1,773,262
+691,155
| +64% | +$35.1M |
|
|
ESRX
382
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $93.6M | 0.04% |
1,078,300
-310,500
| -22% | -$26M |
|
383
CALL
Phillips 66
PSX
$96.9B
| $93.4M | 0.04% |
1,188,300
+240,200
| +25% | +$17.6M |
|
|
LL
384
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $92.7M | 0.04% |
3,011,900
+1,729,800
| +135% | +$88.5M |
|
385
CALL
Cheniere Energy
LNG
$57.3B
| $92.3M | 0.04% |
1,192,700
-4,223,500
| -78% | -$315M |
|
386
eBay
EBAY
$46.3B
| $92.1M | 0.04% |
3,795,382
-126,712
| -3% | -$3.02M |
|
387
iShares MSCI Brazil ETF
EWZ
$8.04B
| $91.7M | 0.04% |
2,923,504
-3,234,045
| -53% | -$110M |
|
388
Prudential Financial
PRU
$41.8B
| $91.7M | 0.04% |
1,141,937
+428,934
| +60% | +$34.7M |
|
|
SUNE
389
CALL
DELISTED
SUNEDISON, INC COM
SUNE
| $91.6M | 0.04% |
3,818,100
-591,400
| -13% | -$12.7M |
|
390
Chipotle Mexican Grill
CMG
$46.7B
| $91.5M | 0.04% |
7,028,850
+5,080,300
| +261% | +$69.3M |
|
391
CALL
lululemon athletica
LULU
$13.7B
| $91.2M | 0.04% |
1,424,000
-1,831,400
| -56% | -$117M |
|
|
B
392
PUT
Barrick Mining
B
$78.3B
| $91M | 0.04% |
8,305,600
-2,444,600
| -23% | -$28.9M |
|
393
PUT
Eli Lilly
LLY
$1.12T
| $91M | 0.04% |
1,252,800
+23,600
| +2% | +$1.68M |
|
394
CALL
Blackstone
BX
$108B
| $90.7M | 0.04% |
2,376,104
-65,012
| -3% | -$2.35M |
|
395
Nike
NKE
$60.5B
| $90.7M | 0.04% |
1,807,480
+394,154
| +28% | +$18.8M |
|
396
PUT
Equinix
EQIX
$105B
| $90.6M | 0.04% |
389,100
-313,800
| -45% | -$71.1M |
|
397
CALL
Blackrock
BLK
$179B
| $90M | 0.04% |
245,900
+40,600
| +20% | +$14.7M |
|
398
PUT
Alcoa
AA
$13.7B
| $89.8M | 0.04% |
2,892,176
-188,889
| -6% | -$6.79M |
|
399
CALL
iShares MSCI Mexico ETF
EWW
$1.86B
| $89.7M | 0.04% |
1,548,300
-630,100
| -29% | -$36.8M |
|
|
DISH
400
CALL
DELISTED
DISH Network Corp.
DISH
| $89.6M | 0.04% |
1,279,300
-206,500
| -14% | -$15.2M |
|
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.