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 | |
|---|---|---|---|---|---|---|
551
CALL
United Rentals
URI
$67.4B
| $60M | 0.03% |
658,000
+120,800
| +22% | +$10.9M |
|
|
PNRA
552
CALL
DELISTED
Panera Bread Co
PNRA
| $60M | 0.03% |
374,900
+119,000
| +47% | +$19.7M |
|
553
CALL
FedEx
FDX
$79.1B
| $59.6M | 0.03% |
360,500
+16,500
| +5% | +$2.86M |
|
554
PUT
BHP
BHP
$247B
| $59.4M | 0.03% |
1,510,487
-1,301
| -0.1% | -$52.8K |
|
555
CALL
Morgan Stanley
MS
$336B
| $59.3M | 0.03% |
1,662,500
-922,400
| -36% | -$33.1M |
|
556
Southwest Airlines
LUV
$19.9B
| $59.2M | 0.03% |
1,336,952
+940,694
| +237% | +$41.1M |
|
557
CALL
Expedia Group
EXPE
$40.7B
| $59.1M | 0.03% |
628,100
-27,000
| -4% | -$2.4M |
|
|
POT
558
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $58.8M | 0.03% |
1,823,900
-508,800
| -22% | -$17.9M |
|
559
PUT
Abercrombie & Fitch
ANF
$4.99B
| $58.8M | 0.03% |
2,666,400
-362,000
| -12% | -$8.92M |
|
560
CALL
JD.com
JD
$39.4B
| $58.7M | 0.03% |
1,999,600
+538,300
| +37% | +$14.5M |
|
561
iShares US Real Estate ETF
IYR
$4.67B
| $58.3M | 0.03% |
735,318
-207,520
| -22% | -$16.6M |
|
562
PUT
iShares MSCI Germany ETF
EWG
$1.72B
| $58.1M | 0.03% |
1,946,900
-457,700
| -19% | -$13.2M |
|
563
PUT
Energy Transfer Partners
ET
$72.6B
| $57.8M | 0.03% |
1,823,600
+952,200
| +109% | +$28.2M |
|
564
PUT
Newmont
NEM
$139B
| $57.2M | 0.03% |
2,633,700
-1,342,300
| -34% | -$31.4M |
|
565
PUT
Medtronic
MDT
$119B
| $57.1M | 0.03% |
732,500
-223,600
| -23% | -$16.9M |
|
566
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $56.8M | 0.03% |
1,018,800
-1,424,000
| -58% | -$80.2M |
|
567
CALL
Capital One
COF
$133B
| $56.5M | 0.03% |
717,400
+261,500
| +57% | +$20.5M |
|
568
PUT
Toyota
TM
$229B
| $56.2M | 0.03% |
401,600
-13,100
| -3% | -$1.75M |
|
569
PUT
iShares Silver Trust
SLV
$33.5B
| $56M | 0.03% |
3,506,100
-583,200
| -14% | -$9.34M |
|
570
Yelp
YELP
$1.29B
| $55.9M | 0.03% |
1,181,549
-24,727
| -2% | -$1.22M |
|
|
RAD
571
CALL
DELISTED
Rite Aid Corporation
RAD
| $55.8M | 0.03% |
321,110
+267,150
| +495% | +$41.6M |
|
|
572
CALL
Newmont
NEM
$139B
| $55.4M | 0.03% |
2,550,100
-651,700
| -20% | -$15.2M |
|
|
TIF
573
PUT
DELISTED
Tiffany & Co.
TIF
| $55.2M | 0.03% |
627,600
-284,800
| -31% | -$25.5M |
|
574
CALL
MGM Resorts International
MGM
$11B
| $55.2M | 0.03% |
2,625,900
-2,917,700
| -53% | -$61.1M |
|
|
DTV
575
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
| $55.2M | 0.03% |
648,900
-164,200
| -20% | -$14.2M |
|
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.