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 | |
|---|---|---|---|---|---|---|
526
PUT
Stratasys
SSYS
$670M
| $61.1M | 0.03% |
576,000
-158,000
| -22% | -$18.9M |
|
527
iShares Europe ETF
IEV
$1.7B
| $61M | 0.03% |
1,264,056
+1,237,127
| +4,594% | +$58.4M |
|
528
PUT
AbbVie
ABBV
$467B
| $61M | 0.03% |
1,186,700
+104,600
| +10% | +$5.29M |
|
529
CALL
APA Corp
APA
$15.1B
| $60.4M | 0.03% |
728,700
-90,100
| -11% | -$7.39M |
|
530
Morgan Stanley
MS
$336B
| $60.4M | 0.03% |
1,938,247
+431,100
| +29% | +$13.3M |
|
531
PUT
United States Natural Gas Fund
UNG
$511M
| $60M | 0.03% |
153,475
-66,425
| -30% | -$25.5M |
|
532
PUT
McKesson
MCK
$102B
| $59.8M | 0.03% |
338,600
-197,200
| -37% | -$34.5M |
|
533
Weyerhaeuser
WY
$17.6B
| $59.6M | 0.03% |
2,030,585
+518,277
| +34% | +$15.6M |
|
534
PUT
Colgate-Palmolive
CL
$73.8B
| $59.6M | 0.03% |
918,200
-874,900
| -49% | -$55.1M |
|
535
CALL
Lamar Advertising Co
LAMR
$15.5B
| $59.5M | 0.03% |
1,165,900
+705,400
| +153% | +$36.1M |
|
|
LINE
536
PUT
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $59.4M | 0.03% |
2,097,500
-161,500
| -7% | -$5.09M |
|
537
PUT
Altria Group
MO
$114B
| $59.4M | 0.03% |
1,586,000
-766,000
| -33% | -$27.8M |
|
538
CALL
DuPont de Nemours
DD
$18.5B
| $59.3M | 0.03% |
482,229
-453,718
| -48% | -$53.5M |
|
539
PUT
Deckers Outdoor
DECK
$12.5B
| $59.2M | 0.03% |
4,457,400
-218,400
| -5% | -$2.89M |
|
|
X
540
CALL
DELISTED
US Steel
X
| $59.2M | 0.03% |
2,145,000
-1,107,900
| -34% | -$29M |
|
|
KSU
541
PUT
DELISTED
Kansas City Southern
KSU
| $59.1M | 0.03% |
579,300
+528,300
| +1,036% | +$54.5M |
|
542
PUT
Nokia
NOK
$55.6B
| $59.1M | 0.03% |
8,052,600
-2,965,500
| -27% | -$22.2M |
|
|
VXX
543
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $59.1M | 0.03% |
87,590
+64,708
| +283% | +$45.5M |
|
544
PUT
Jazz Pharmaceuticals
JAZZ
$16.5B
| $59M | 0.03% |
425,100
+278,800
| +191% | +$42M |
|
545
CALL
HP
HPQ
$26.1B
| $58.7M | 0.03% |
3,993,327
-1,553,951
| -28% | -$20.9M |
|
|
DATA
546
PUT
DELISTED
Tableau Software, Inc.
DATA
| $58.5M | 0.03% |
769,400
+730,300
| +1,868% | +$61.4M |
|
|
ATHN
547
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $58.4M | 0.03% |
364,500
-60,300
| -14% | -$9.92M |
|
548
Applied Materials
AMAT
$384B
| $58M | 0.03% |
2,839,688
+2,259,275
| +389% | +$41.5M |
|
|
BRCM
549
CALL
DELISTED
BROADCOM CORP CL-A
BRCM
| $57.7M | 0.03% |
1,832,100
-403,300
| -18% | -$12.1M |
|
550
CALL
Devon Energy
DVN
$53.1B
| $57.7M | 0.03% |
861,700
-195,700
| -19% | -$12.1M |
|
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.