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 | |
|---|---|---|---|---|---|---|
501
PUT
GameStop
GME
$8.09B
| $68.1M | 0.03% |
7,177,200
+51,600
| +0.7% | +$485K |
|
|
VMW
502
PUT
DELISTED
VMware, Inc
VMW
| $68M | 0.03% |
829,300
-269,600
| -25% | -$22.1M |
|
503
PUT
Seagate
STX
$180B
| $67.7M | 0.03% |
1,300,900
+31,600
| +2% | +$1.88M |
|
504
CALL
Valero Energy
VLO
$99.6B
| $67.4M | 0.03% |
1,060,100
-309,900
| -23% | -$17.3M |
|
505
PUT
Illumina
ILMN
$33.7B
| $67.2M | 0.03% |
372,136
-166,228
| -31% | -$31.3M |
|
506
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $67.1M | 0.03% |
551,500
+501,900
| +1,012% | +$60.9M |
|
|
PARA
507
DELISTED
Paramount Global Class B
PARA
| $67.1M | 0.03% |
1,106,443
-1,453,819
| -57% | -$85M |
|
508
State Street SPDR S&P Biotech ETF
XBI
$11.5B
| $67M | 0.03% |
890,721
+576,315
| +183% | +$40.3M |
|
509
CALL
First Solar
FSLR
$22.4B
| $66.5M | 0.03% |
1,111,700
+28,500
| +3% | +$1.46M |
|
510
PUT
Expedia Group
EXPE
$40.7B
| $65.8M | 0.03% |
698,600
-379,300
| -35% | -$33.7M |
|
511
PUT
Melco Resorts & Entertainment
MLCO
$2.08B
| $65.7M | 0.03% |
3,060,500
-367,800
| -11% | -$8.81M |
|
|
BWP
512
DELISTED
Boardwalk Pipeline Partners
BWP
| $65.6M | 0.03% |
4,075,176
-6,913,383
| -63% | -$111M |
|
513
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $65.5M | 0.03% |
368,574
+210,674
| +133% | +$37.5M |
|
514
PUT
Kinder Morgan
KMI
$69B
| $65.4M | 0.03% |
1,554,100
-2,599,200
| -63% | -$108M |
|
515
PUT
Whirlpool
WHR
$2.62B
| $65.3M | 0.03% |
323,300
-61,300
| -16% | -$12.4M |
|
516
CALL
Accenture
ACN
$114B
| $65.3M | 0.03% |
697,200
-8,100
| -1% | -$723K |
|
517
Johnson & Johnson
JNJ
$658B
| $65M | 0.03% |
645,716
+33,693
| +6% | +$3.43M |
|
518
PUT
Baxter International
BAX
$13.7B
| $64.6M | 0.03% |
1,737,168
+307,263
| +21% | +$11.6M |
|
519
CALL
US Bancorp
USB
$97.3B
| $64.5M | 0.03% |
1,477,500
-4,245,300
| -74% | -$186M |
|
520
PUT
VanEck Oil Services ETF
OIH
$1.94B
| $64.5M | 0.03% |
95,605
+1,675
| +2% | +$1.14M |
|
521
PUT
NXP Semiconductors
NXPI
$56.1B
| $64.4M | 0.03% |
642,100
-60,600
| -9% | -$5.34M |
|
|
RSX
522
PUT
DELISTED
VanEck Russia ETF
RSX
| $64.1M | 0.03% |
3,766,500
-3,235,500
| -46% | -$52.8M |
|
523
Walt Disney
DIS
$191B
| $64.1M | 0.03% |
610,733
+207,899
| +52% | +$21M |
|
524
FedEx
FDX
$79.1B
| $64M | 0.03% |
386,847
+73,081
| +23% | +$12.7M |
|
|
TWX
525
PUT
DELISTED
Time Warner Inc
TWX
| $63.7M | 0.03% |
754,800
-663,100
| -47% | -$55.1M |
|
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.