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 | |
|---|---|---|---|---|---|---|
401
CALL
Huntsman Corp
HUN
$1.75B
| $89.2M | 0.04% |
4,022,000
-705,600
| -15% | -$15.8M |
|
402
PUT
Prudential Financial
PRU
$41.8B
| $88.6M | 0.04% |
1,103,100
+395,700
| +56% | +$32.1M |
|
|
BHI
403
CALL
DELISTED
Baker Hughes
BHI
| $88.4M | 0.04% |
1,391,000
-1,390,400
| -50% | -$83.9M |
|
404
CALL
AutoZone
AZO
$48.3B
| $88.1M | 0.04% |
129,200
-31,700
| -20% | -$19.9M |
|
405
Chevron
CVX
$403B
| $88.1M | 0.04% |
839,368
+386,067
| +85% | +$41.2M |
|
|
CMA
406
PUT
DELISTED
Comerica
CMA
| $87.8M | 0.04% |
1,945,300
+1,866,600
| +2,372% | +$83.3M |
|
407
Alcoa
AA
$13.7B
| $87.2M | 0.04% |
2,810,127
+1,981,095
| +239% | +$71.2M |
|
408
ConocoPhillips
COP
$162B
| $87M | 0.04% |
1,398,085
+1,191,823
| +578% | +$77.1M |
|
409
PUT
Salesforce
CRM
$171B
| $87M | 0.04% |
1,302,100
-1,248,200
| -49% | -$77.4M |
|
410
CALL
Aflac
AFL
$58.2B
| $86.6M | 0.04% |
2,705,600
+508,000
| +23% | +$15.5M |
|
411
AbbVie
ABBV
$468B
| $86.3M | 0.04% |
1,473,984
+826,328
| +128% | +$49.9M |
|
412
PUT
Assured Guaranty
AGO
$3.27B
| $86M | 0.04% |
3,259,900
+1,308,800
| +67% | +$33.8M |
|
413
CALL
Baxter International
BAX
$13.6B
| $85M | 0.04% |
2,285,786
+73,088
| +3% | +$2.77M |
|
414
CALL
Medtronic
MDT
$119B
| $85M | 0.04% |
1,090,500
-173,500
| -14% | -$13.2M |
|
415
Wells Fargo
WFC
$254B
| $84.9M | 0.04% |
1,561,535
-202,164
| -11% | -$10.9M |
|
416
PUT
NOV
NOV
$7.28B
| $84.7M | 0.04% |
1,694,800
-120,300
| -7% | -$6.52M |
|
417
CALL
Norfolk Southern
NSC
$78.8B
| $84.5M | 0.04% |
820,700
-255,800
| -24% | -$27.4M |
|
|
DD
418
PUT
DELISTED
Du Pont De Nemours E I
DD
| $84.4M | 0.04% |
1,242,856
-201,018
| -14% | -$14.3M |
|
419
CALL
Abbott
ABT
$202B
| $84.2M | 0.04% |
1,817,300
-155,600
| -8% | -$7.15M |
|
420
CALL
Altria Group
MO
$110B
| $83.9M | 0.04% |
1,678,200
+278,800
| +20% | +$14.8M |
|
421
Broadcom
AVGO
$1.75T
| $83.6M | 0.04% |
6,584,170
+2,998,200
| +84% | +$34.4M |
|
|
422
PUT
Broadcom
AVGO
$1.75T
| $83.3M | 0.04% |
6,563,000
+3,734,000
| +132% | +$42.8M |
|
423
CALL
Tapestry
TPR
$26B
| $83.1M | 0.04% |
2,006,800
-1,302,100
| -39% | -$51.8M |
|
424
PUT
Williams Companies
WMB
$86.2B
| $83.1M | 0.04% |
1,641,900
-1,378,900
| -46% | -$63.9M |
|
425
SLB Ltd
SLB
$79.9B
| $82.4M | 0.04% |
987,660
+48,752
| +5% | +$4.06M |
|
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.