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 | |
|---|---|---|---|---|---|---|
476
PUT
UnitedHealth
UNH
$358B
| $70.9M | 0.03% |
864,800
-1,335,700
| -61% | -$101M |
|
477
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $70.7M | 0.03% |
+1,956,976
| New | +$75.4M |
|
478
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $70.4M | 0.03% |
2,976,398
+2,455,286
| +471% | +$56.5M |
|
|
AGN
479
CALL
DELISTED
Allergan Inc
AGN
| $70.1M | 0.03% |
564,900
+39,500
| +8% | +$4.81M |
|
|
DISH
480
PUT
DELISTED
DISH Network Corp.
DISH
| $70M | 0.03% |
1,125,400
+26,100
| +2% | +$1.52M |
|
481
CALL
Seagate
STX
$180B
| $69.9M | 0.03% |
1,244,700
-314,200
| -20% | -$16.8M |
|
|
SDRL
482
PUT
DELISTED
Seadrill Limited Common Stock
SDRL
| $69.8M | 0.03% |
7,419
+3,018
| +69% | +$29.7M |
|
|
P
483
CALL
DELISTED
Pandora Media Inc
P
| $69.6M | 0.03% |
2,295,700
+1,078,700
| +89% | +$37.4M |
|
484
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $69.6M | 0.03% |
1,189,900
+285,800
| +32% | +$16.5M |
|
|
NUAN
485
DELISTED
Nuance Communications, Inc.
NUAN
| $69.2M | 0.03% |
4,655,498
-941,534
| -17% | -$12.6M |
|
|
XLNX
486
PUT
DELISTED
Xilinx Inc
XLNX
| $69.2M | 0.03% |
1,275,200
-217,300
| -15% | -$10.8M |
|
487
Merck
MRK
$372B
| $68.9M | 0.03% |
1,271,039
+599,914
| +89% | +$31.1M |
|
488
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $68.2M | 0.03% |
1,664,643
-461,789
| -22% | -$18.1M |
|
489
CALL
Ashland
ASH
$3.38B
| $68M | 0.03% |
1,397,483
+682,083
| +95% | +$32M |
|
490
CALL
Humana
HUM
$46.4B
| $67.3M | 0.03% |
597,500
+56,500
| +10% | +$5.89M |
|
491
CALL
MGM Resorts International
MGM
$11B
| $67.1M | 0.03% |
2,593,500
-1,344,800
| -34% | -$34.6M |
|
|
ESRX
492
DELISTED
Express Scripts Holding Company
ESRX
| $66.4M | 0.03% |
884,482
+133,958
| +18% | +$10M |
|
493
CALL
Zillow
ZG
$8.53B
| $66.3M | 0.03% |
2,258,700
+1,539,300
| +214% | +$43.9M |
|
494
PUT
AGNC Investment
AGNC
$13B
| $66.3M | 0.03% |
3,085,400
-236,300
| -7% | -$5.08M |
|
495
CALL
Corning
GLW
$125B
| $65.8M | 0.03% |
3,162,200
+803,200
| +34% | +$15.1M |
|
|
POT
496
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $65.8M | 0.03% |
1,817,100
-224,400
| -11% | -$7.55M |
|
|
LO
497
CALL
DELISTED
LORILLARD INC COM STK
LO
| $65.7M | 0.03% |
1,214,300
+616,500
| +103% | +$31M |
|
498
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $65.3M | 0.03% |
691,200
-124,700
| -15% | -$11.8M |
|
499
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $65.1M | 0.03% |
3,141,800
+533,400
| +20% | +$10.5M |
|
500
CALL
Norfolk Southern
NSC
$79.3B
| $65.1M | 0.03% |
669,600
+178,300
| +36% | +$16.5M |
|
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.