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 | |
|---|---|---|---|---|---|---|
626
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $49.9M | 0.02% |
422,700
-1,329,800
| -76% | -$159M |
|
|
627
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $49.7M | 0.02% |
421,600
-365,800
| -46% | -$43.8M |
|
628
PUT
Jazz Pharmaceuticals
JAZZ
$16.5B
| $49.7M | 0.02% |
287,800
-126,400
| -31% | -$21.7M |
|
|
EMC
629
DELISTED
EMC CORPORATION
EMC
| $49.7M | 0.02% |
1,943,174
+797,090
| +70% | +$22M |
|
630
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $49.5M | 0.02% |
546,660
+242,660
| +80% | +$22M |
|
631
CALL
Diamondback Energy
FANG
$57.6B
| $49.4M | 0.02% |
643,400
+414,400
| +181% | +$28.8M |
|
632
Cisco
CSCO
$434B
| $49.4M | 0.02% |
1,793,426
-1,842,430
| -51% | -$51.9M |
|
633
CALL
Under Armour
UAA
$2.31B
| $49.4M | 0.02% |
1,222,600
-1,364,000
| -53% | -$50.2M |
|
634
HSBC
HSBC
$357B
| $49.3M | 0.02% |
1,313,653
+302,192
| +30% | +$11.8M |
|
635
PUT
Kimberly-Clark
KMB
$37B
| $49.3M | 0.02% |
459,900
-20,400
| -4% | -$2.25M |
|
|
BNY
636
CALL
Bank of New York Mellon
BNY
$110B
| $49.2M | 0.02% |
1,222,700
+101,900
| +9% | +$3.97M |
|
|
EA
637
PUT
DELISTED
Electronic Arts
EA
| $49.1M | 0.02% |
835,000
-271,500
| -25% | -$14.6M |
|
|
BHI
638
DELISTED
Baker Hughes
BHI
| $49M | 0.02% |
771,289
+484,713
| +169% | +$29.2M |
|
639
CALL
Truist Financial
TFC
$62.1B
| $49M | 0.02% |
1,257,600
+81,800
| +7% | +$3.08M |
|
640
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $48.9M | 0.02% |
1,302,600
-898,800
| -41% | -$33M |
|
641
PUT
Texas Instruments
TXN
$236B
| $48.9M | 0.02% |
855,300
-248,000
| -22% | -$13.9M |
|
642
iShares MSCI Japan ETF
EWJ
$22.4B
| $48.9M | 0.02% |
974,680
+402,390
| +70% | +$19.2M |
|
643
CALL
Brookdale Senior Living
BKD
$2.89B
| $48.8M | 0.02% |
1,292,500
+1,241,800
| +2,449% | +$45.5M |
|
644
PUT
Quest Diagnostics
DGX
$26.9B
| $48.7M | 0.02% |
633,300
+483,700
| +323% | +$34.6M |
|
645
PUT
International Paper
IP
$21.7B
| $48.7M | 0.02% |
926,006
-891,898
| -49% | -$46.3M |
|
646
Baidu
BIDU
$31.3B
| $48.6M | 0.02% |
233,285
-492,084
| -68% | -$105M |
|
647
CALL
Thermo Fisher Scientific
TMO
$232B
| $48.6M | 0.02% |
361,700
-10,600
| -3% | -$1.37M |
|
|
LO
648
CALL
DELISTED
LORILLARD INC COM STK
LO
| $48.6M | 0.02% |
743,400
+159,800
| +27% | +$10.6M |
|
649
CALL
Vale
VALE
$64B
| $48.2M | 0.02% |
8,534,100
-5,066,100
| -37% | -$36.7M |
|
|
MNDT
650
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $48.2M | 0.02% |
1,228,418
-1,152,118
| -48% | -$44.5M |
|
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.