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 | |
|---|---|---|---|---|---|---|
476
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.78B
| $72.3M | 0.03% |
349,641
-206,970
| -37% | -$40.1M |
|
477
CALL
Manitowoc
MTW
$715M
| $72.2M | 0.03% |
3,698,928
+3,035,338
| +457% | +$56.9M |
|
|
RAI
478
CALL
DELISTED
Reynolds American Inc
RAI
| $72M | 0.03% |
2,090,600
+1,116,600
| +115% | +$39.1M |
|
|
TWX
479
CALL
DELISTED
Time Warner Inc
TWX
| $71.8M | 0.03% |
850,900
-548,600
| -39% | -$45.6M |
|
480
PUT
Deere & Co
DE
$175B
| $71.7M | 0.03% |
817,800
-846,400
| -51% | -$75.1M |
|
481
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $71.7M | 0.03% |
1,471,200
+137,500
| +10% | +$6.75M |
|
482
CALL
Devon Energy
DVN
$52.8B
| $71.4M | 0.03% |
1,183,800
-136,200
| -10% | -$8.31M |
|
|
RSX
483
DELISTED
VanEck Russia ETF
RSX
| $71.4M | 0.03% |
4,195,060
-5,432,222
| -56% | -$88.6M |
|
484
Trip.com Group
TCOM
$28.9B
| $71.2M | 0.03% |
2,430,278
+713,208
| +42% | +$17.2M |
|
485
PUT
TSMC
TSM
$2.12T
| $70.8M | 0.03% |
3,015,900
+2,295,200
| +318% | +$54.1M |
|
486
CALL
RH
RH
$2.68B
| $70.8M | 0.03% |
713,400
+401,600
| +129% | +$36.5M |
|
|
WFM
487
CALL
DELISTED
Whole Foods Market Inc
WFM
| $70.7M | 0.03% |
1,357,700
-2,718,300
| -67% | -$146M |
|
488
PUT
Cummins
CMI
$78.5B
| $70M | 0.03% |
504,900
-104,300
| -17% | -$14.7M |
|
489
PUT
PPG Industries
PPG
$25.2B
| $69.5M | 0.03% |
616,400
+272,000
| +79% | +$31.2M |
|
490
Skyworks Solutions
SWKS
$9.97B
| $69.4M | 0.03% |
705,569
-727,689
| -51% | -$62.1M |
|
491
CALL
VanEck Gold Miners ETF
GDX
$32B
| $69.2M | 0.03% |
3,792,000
-4,184,700
| -52% | -$85.4M |
|
492
CALL
APA Corp
APA
$14.8B
| $69M | 0.03% |
1,144,300
-126,400
| -10% | -$7.95M |
|
|
ICPT
493
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $68.9M | 0.03% |
244,189
-97,055
| -28% | -$21M |
|
494
PUT
Occidental Petroleum
OXY
$59.8B
| $68.8M | 0.03% |
943,604
-1,432,836
| -60% | -$111M |
|
495
CALL
LyondellBasell Industries
LYB
$21.1B
| $68.6M | 0.03% |
780,800
-425,600
| -35% | -$35.8M |
|
496
CALL
ServiceNow
NOW
$133B
| $68.6M | 0.03% |
4,351,000
+3,494,500
| +408% | +$51.5M |
|
497
CALL
PNC Financial Services
PNC
$97B
| $68.5M | 0.03% |
735,000
+200
| +0% | +$18.1K |
|
|
WLL
498
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $68.5M | 0.03% |
7,390
+2,091
| +39% | +$21.2M |
|
499
CALL
Freeport-McMoran
FCX
$110B
| $68.5M | 0.03% |
3,612,500
+1,444,400
| +67% | +$28.6M |
|
500
PUT
Ionis Pharmaceuticals
IONS
$10.2B
| $68.2M | 0.03% |
1,071,700
-66,300
| -6% | -$4.5M |
|
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.