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 | |
|---|---|---|---|---|---|---|
401
PUT
Seagate
STX
$181B
| $85.4M | 0.04% |
1,520,400
-26,300
| -2% | -$1.41M |
|
|
WFM
402
PUT
DELISTED
Whole Foods Market Inc
WFM
| $85.1M | 0.04% |
1,678,800
-233,400
| -12% | -$12.4M |
|
403
CALL
United States Natural Gas Fund
UNG
$512M
| $85M | 0.04% |
217,450
-385,819
| -64% | -$148M |
|
404
CALL
Cleveland-Cliffs
CLF
$6.7B
| $84.2M | 0.04% |
4,115,900
+1,228,000
| +43% | +$25.4M |
|
405
Qualcomm
QCOM
$166B
| $84.2M | 0.04% |
1,067,651
+505,721
| +90% | +$38.1M |
|
406
Target
TGT
$77.3B
| $84.1M | 0.04% |
1,390,017
+988,469
| +246% | +$58.6M |
|
407
State Street Health Care Select Sector SPDR ETF
XLV
$45.3B
| $83.8M | 0.04% |
1,432,791
+1,025,399
| +252% | +$59.1M |
|
408
CALL
Huntsman Corp
HUN
$1.7B
| $83.5M | 0.04% |
3,417,400
+744,700
| +28% | +$17.3M |
|
409
CALL
Philip Morris
PM
$300B
| $83.3M | 0.04% |
1,016,900
+69,800
| +7% | +$5.64M |
|
410
CALL
Altria Group
MO
$114B
| $83.1M | 0.04% |
2,219,600
+933,700
| +73% | +$33.9M |
|
411
CALL
Home Depot
HD
$336B
| $82.3M | 0.04% |
1,040,100
+61,200
| +6% | +$4.87M |
|
412
CALL
Capital One
COF
$133B
| $82.3M | 0.04% |
1,066,000
+116,200
| +12% | +$8.53M |
|
413
PUT
Vipshop
VIPS
$6.9B
| $82.2M | 0.04% |
5,508,000
+4,522,000
| +459% | +$53.8M |
|
414
CALL
PNC Financial Services
PNC
$96.7B
| $82.2M | 0.04% |
944,700
+180,600
| +24% | +$14.7M |
|
415
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $81.8M | 0.04% |
1,564,100
-387,200
| -20% | -$19.9M |
|
416
PUT
Newmont
NEM
$138B
| $81.6M | 0.04% |
3,482,800
-781,600
| -18% | -$18.6M |
|
417
CALL
Illumina
ILMN
$33.1B
| $81.6M | 0.04% |
564,475
+301,307
| +114% | +$44.3M |
|
418
CALL
Ralph Lauren
RL
$22.1B
| $81.6M | 0.04% |
507,000
+82,600
| +19% | +$13.3M |
|
|
KMP
419
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $81.3M | 0.04% |
1,099,466
+585,782
| +114% | +$45.5M |
|
|
ATHN
420
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $81.2M | 0.04% |
506,900
+131,100
| +35% | +$21.6M |
|
|
DD
421
PUT
DELISTED
Du Pont De Nemours E I
DD
| $81.2M | 0.04% |
1,274,551
-211
| -0% | -$12.9K |
|
422
PUT
Equinix
EQIX
$103B
| $80.6M | 0.04% |
435,800
-206,700
| -32% | -$38.1M |
|
423
CALL
AutoZone
AZO
$48.9B
| $80.1M | 0.04% |
149,200
-46,300
| -24% | -$24M |
|
424
PUT
MetLife
MET
$60.9B
| $80M | 0.04% |
1,700,503
-1,309,823
| -44% | -$60.2M |
|
425
CALL
F5
FFIV
$21.6B
| $79.9M | 0.04% |
749,100
+197,600
| +36% | +$20.9M |
|
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.