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 | |
|---|---|---|---|---|---|---|
526
PUT
Range Resources
RRC
$9.64B
| $63.5M | 0.03% |
1,220,100
+7,200
| +0.6% | +$357K |
|
527
CALL
Prudential Financial
PRU
$42.3B
| $63.4M | 0.03% |
789,600
-468,100
| -37% | -$37.9M |
|
528
PUT
GSK
GSK
$104B
| $63.4M | 0.03% |
1,098,640
-71,760
| -6% | -$4.11M |
|
529
CALL
Nucor
NUE
$55.5B
| $63.2M | 0.03% |
1,329,900
+612,300
| +85% | +$28.6M |
|
|
530
Range Resources
RRC
$9.64B
| $63.1M | 0.03% |
1,213,356
+440,397
| +57% | +$21.8M |
|
|
PNRA
531
PUT
DELISTED
Panera Bread Co
PNRA
| $62.7M | 0.03% |
392,100
+54,600
| +16% | +$9.05M |
|
532
CALL
Honeywell
HON
$68.1B
| $62.6M | 0.03% |
667,626
-189,637
| -22% | -$17.4M |
|
533
HP
HPQ
$26.1B
| $62.5M | 0.03% |
4,414,812
+3,598,491
| +441% | +$59.4M |
|
534
PUT
Humana
HUM
$46.4B
| $61.7M | 0.03% |
346,800
-243,300
| -41% | -$38.5M |
|
535
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $61.5M | 0.03% |
493,500
+345,700
| +234% | +$36.6M |
|
536
CVS Health
CVS
$120B
| $61.5M | 0.03% |
595,773
+365,213
| +158% | +$37M |
|
537
PUT
Trinity Industries
TRN
$2.37B
| $61.5M | 0.03% |
2,405,054
+547,822
| +29% | +$12M |
|
538
PUT
Rio Tinto
RIO
$170B
| $61.3M | 0.03% |
1,480,100
+279,000
| +23% | +$12.6M |
|
539
PUT
Air Products & Chemicals
APD
$68.2B
| $61.2M | 0.03% |
437,589
+204,093
| +87% | +$28.2M |
|
540
CALL
Broadcom
AVGO
$1.71T
| $60.9M | 0.03% |
4,797,000
+1,708,000
| +55% | +$19.6M |
|
|
ATHN
541
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $60.9M | 0.03% |
509,700
+144,600
| +40% | +$19.3M |
|
|
MNDT
542
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $60.6M | 0.03% |
1,544,700
-364,100
| -19% | -$14.1M |
|
543
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $60.6M | 0.03% |
1,510,261
+621,102
| +70% | +$24.7M |
|
544
PUT
Vodafone
VOD
$36.9B
| $60.4M | 0.03% |
1,848,700
-2,264,100
| -55% | -$77.8M |
|
545
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| $60.3M | 0.03% |
1
| – | – |
|
546
PUT
Elevance Health
ELV
$87.3B
| $60.3M | 0.03% |
390,400
-271,700
| -41% | -$38.7M |
|
547
PUT
Ralph Lauren
RL
$22.1B
| $60.2M | 0.03% |
458,000
-65,400
| -12% | -$9.68M |
|
|
548
CALL
CVS Health
CVS
$120B
| $60.2M | 0.03% |
583,200
-719,800
| -55% | -$72.8M |
|
549
CALL
Emerson Electric
EMR
$87.9B
| $60.2M | 0.03% |
1,062,500
+205,700
| +24% | +$12M |
|
550
CALL
HF Sinclair
DINO
$16.9B
| $60.1M | 0.03% |
1,491,200
+679,600
| +84% | +$26.1M |
|
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.