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 | |
|---|---|---|---|---|---|---|
|
CBI
601
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $52.5M | 0.02% |
1,065,000
+192,900
| +22% | +$8.11M |
|
|
TFCFA
602
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $52.4M | 0.02% |
1,547,000
+308,700
| +25% | +$10.7M |
|
603
CALL
TripAdvisor
TRIP
$1.19B
| $52.2M | 0.02% |
628,200
+153,400
| +32% | +$12.1M |
|
604
CALL
Texas Instruments
TXN
$236B
| $52.2M | 0.02% |
912,500
-1,225,100
| -57% | -$68.8M |
|
605
Pfizer
PFE
$159B
| $52.2M | 0.02% |
1,580,125
-175,489
| -10% | -$5.58M |
|
|
XEC
606
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $52.1M | 0.02% |
453,100
+209,900
| +86% | +$22.5M |
|
|
BRCM
607
CALL
DELISTED
BROADCOM CORP CL-A
BRCM
| $52.1M | 0.02% |
1,203,900
-665,100
| -36% | -$29M |
|
|
P
608
PUT
DELISTED
Pandora Media Inc
P
| $52M | 0.02% |
3,208,400
+175,400
| +6% | +$2.8M |
|
609
CALL
Vipshop
VIPS
$6.88B
| $51.9M | 0.02% |
1,764,200
-1,046,800
| -37% | -$25.4M |
|
610
CALL
Colgate-Palmolive
CL
$73.8B
| $51.9M | 0.02% |
749,000
-280,700
| -27% | -$19.4M |
|
611
CALL
Exelon
EXC
$45.7B
| $51.7M | 0.02% |
2,158,519
-692,869
| -24% | -$17.2M |
|
612
MetLife
MET
$61.1B
| $51.5M | 0.02% |
1,143,329
+648,514
| +131% | +$29.1M |
|
613
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $51.5M | 0.02% |
1,236,000
+1,028,000
| +494% | +$37.9M |
|
614
CALL
CSX Corp
CSX
$95.3B
| $51.4M | 0.02% |
4,655,400
-54,000
| -1% | -$621K |
|
615
CALL
Yelp
YELP
$1.29B
| $51.4M | 0.02% |
1,085,400
-397,100
| -27% | -$19.7M |
|
|
RAI
616
DELISTED
Reynolds American Inc
RAI
| $51.3M | 0.02% |
1,488,486
+1,290,638
| +652% | +$45.2M |
|
|
WLL
617
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $51.2M | 0.02% |
5,518
-1,750
| -24% | -$17.7M |
|
|
DISH
618
PUT
DELISTED
DISH Network Corp.
DISH
| $51.1M | 0.02% |
729,900
-836,800
| -53% | -$61.7M |
|
619
First Solar
FSLR
$22.4B
| $50.7M | 0.02% |
848,232
-619,655
| -42% | -$31.8M |
|
620
CALL
Eaton
ETN
$159B
| $50.6M | 0.02% |
745,500
-86,000
| -10% | -$5.85M |
|
621
CALL
Mondelez International
MDLZ
$82.6B
| $50.5M | 0.02% |
1,400,400
-380,600
| -21% | -$13.8M |
|
|
ETP
622
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $50.4M | 0.02% |
904,500
-272,500
| -23% | -$16.2M |
|
623
PUT
Honeywell
HON
$68.1B
| $50.2M | 0.02% |
535,970
+221,132
| +70% | +$20.2M |
|
624
CALL
ProShares UltraShort Silver
ZSL
$59.6M
| $50.2M | 0.02% |
6,218
-3,763
| -38% | -$30.8M |
|
625
PUT
McKesson
MCK
$102B
| $50.1M | 0.02% |
221,500
-126,700
| -36% | -$28.1M |
|
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.