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 | |
|---|---|---|---|---|---|---|
451
Wynn Resorts
WYNN
$10.2B
| $79.3M | 0.04% |
630,293
+92,068
| +17% | +$13.1M |
|
|
QIHU
452
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $79.3M | 0.04% |
1,548,200
-1,663,300
| -52% | -$90.2M |
|
|
GG
453
CALL
DELISTED
Goldcorp Inc
GG
| $79M | 0.04% |
4,358,300
+868,800
| +25% | +$18.5M |
|
|
CELG
454
DELISTED
Celgene Corp
CELG
| $78.7M | 0.04% |
682,887
-600,564
| -47% | -$71.8M |
|
|
HOT
455
PUT
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $78.3M | 0.04% |
937,600
+519,500
| +124% | +$40.6M |
|
456
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $78M | 0.04% |
1,076,000
+698,800
| +185% | +$49.8M |
|
457
CALL
Simon Property Group
SPG
$71.2B
| $77.4M | 0.04% |
395,800
-88,300
| -18% | -$17.1M |
|
|
TFCFA
458
PUT
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $77.4M | 0.04% |
2,287,000
+8,700
| +0.4% | +$302K |
|
459
PUT
Altria Group
MO
$114B
| $76.5M | 0.03% |
1,530,000
-424,600
| -22% | -$22.5M |
|
460
CALL
Cummins
CMI
$78.8B
| $76M | 0.03% |
548,500
-17,600
| -3% | -$2.48M |
|
461
CALL
Lowe's Companies
LOW
$122B
| $75.7M | 0.03% |
1,017,600
-475,200
| -32% | -$34.1M |
|
462
CALL
Palo Alto Networks
PANW
$286B
| $75.6M | 0.03% |
3,103,200
-315,000
| -9% | -$7.05M |
|
|
CHK
463
DELISTED
Chesapeake Energy Corporation
CHK
| $75.1M | 0.03% |
26,534
+6,380
| +32% | +$22.5M |
|
464
CALL
Golar LNG
GLNG
$5.23B
| $75M | 0.03% |
2,254,300
+567,800
| +34% | +$18.2M |
|
465
CALL
CME Group
CME
$100B
| $74.9M | 0.03% |
790,700
+293,900
| +59% | +$27.2M |
|
|
X
466
CALL
DELISTED
US Steel
X
| $74.8M | 0.03% |
3,067,100
-47,200
| -2% | -$1.12M |
|
467
PUT
Devon Energy
DVN
$53B
| $74.1M | 0.03% |
1,227,900
-634,700
| -34% | -$38.7M |
|
468
Costco
COST
$431B
| $73.8M | 0.03% |
487,199
-74,679
| -13% | -$11M |
|
469
CALL
C.H. Robinson
CHRW
$16.6B
| $73.5M | 0.03% |
1,004,100
-800,400
| -44% | -$58.5M |
|
470
PUT
Oracle
ORCL
$412B
| $73.5M | 0.03% |
1,703,300
-559,200
| -25% | -$24.2M |
|
471
CALL
Nike
NKE
$60.9B
| $72.9M | 0.03% |
1,453,200
-669,800
| -32% | -$32M |
|
472
CALL
BlackBerry
BB
$4.52B
| $72.9M | 0.03% |
8,162,100
+5,026,600
| +160% | +$51.1M |
|
473
PUT
United Rentals
URI
$67.5B
| $72.8M | 0.03% |
798,700
+79,300
| +11% | +$7.13M |
|
|
HOT
474
CALL
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $72.7M | 0.03% |
870,900
+226,900
| +35% | +$17.7M |
|
475
Union Pacific
UNP
$183B
| $72.3M | 0.03% |
667,689
-203,563
| -23% | -$23.9M |
|
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.