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 | |
|---|---|---|---|---|---|---|
651
CALL
Deutsche Bank
DB
$72.2B
| $47.9M | 0.02% |
1,544,368
+60,928
| +4% | +$1.71M |
|
|
SHLD
652
CALL
DELISTED
Sears Holding Corporation
SHLD
| $47.9M | 0.02% |
1,156,700
-823,800
| -42% | -$29.9M |
|
|
ETP
653
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $47.8M | 0.02% |
857,800
-11,900
| -1% | -$706K |
|
654
PUT
Northrop Grumman
NOC
$78B
| $47.8M | 0.02% |
297,100
+79,200
| +36% | +$12.7M |
|
|
BWLD
655
CALL
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $47.6M | 0.02% |
262,900
-57,700
| -18% | -$10.7M |
|
656
PUT
MGM Resorts International
MGM
$11B
| $47.6M | 0.02% |
2,263,800
-3,112,200
| -58% | -$65.2M |
|
657
PUT
The Mosaic Company
MOS
$7.63B
| $47.6M | 0.02% |
1,033,100
+186,000
| +22% | +$9.08M |
|
|
CBI
658
DELISTED
Chicago Bridge & Iron Nv
CBI
| $47.6M | 0.02% |
965,579
-469,075
| -33% | -$19.7M |
|
659
CALL
Akamai
AKAM
$15.2B
| $47.4M | 0.02% |
667,300
+12,200
| +2% | +$806K |
|
660
PUT
Phillips 66
PSX
$96.5B
| $47M | 0.02% |
598,500
-278,400
| -32% | -$20.4M |
|
661
CALL
Ashland
ASH
$3.38B
| $46.8M | 0.02% |
751,988
-279,414
| -27% | -$16.9M |
|
|
ESV
662
PUT
DELISTED
Ensco Rowan plc
ESV
| $46.8M | 0.02% |
554,900
+172,825
| +45% | +$18.2M |
|
663
Medtronic
MDT
$119B
| $46.7M | 0.02% |
599,308
+96,790
| +19% | +$7.34M |
|
|
NFX
664
CALL
DELISTED
Newfield Exploration
NFX
| $46.7M | 0.02% |
1,332,000
-287,100
| -18% | -$8.7M |
|
665
CALL
American Tower
AMT
$83.1B
| $46.6M | 0.02% |
495,300
+178,500
| +56% | +$17.4M |
|
666
PepsiCo
PEP
$197B
| $46.6M | 0.02% |
487,612
+112,272
| +30% | +$10.9M |
|
667
CALL
Wolfspeed
WOLF
$1.29B
| $46.6M | 0.02% |
1,312,200
+466,400
| +55% | +$16.8M |
|
668
Vanguard FTSE Europe ETF
VGK
$31.1B
| $46.3M | 0.02% |
854,674
-689,423
| -45% | -$37.2M |
|
|
CXO
669
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $46.3M | 0.02% |
399,700
+27,800
| +7% | +$3.03M |
|
670
Regeneron Pharmaceuticals
REGN
$85.3B
| $46.3M | 0.02% |
102,543
-54,628
| -35% | -$23.2M |
|
671
CALL
F5
FFIV
$21.5B
| $46.3M | 0.02% |
402,700
-120,400
| -23% | -$14.2M |
|
|
QIHU
672
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $46.3M | 0.02% |
903,461
-994,369
| -52% | -$53.9M |
|
673
CALL
AB InBev
BUD
$156B
| $46.1M | 0.02% |
377,800
+26,500
| +8% | +$3.2M |
|
674
CALL
Corning
GLW
$125B
| $46M | 0.02% |
2,027,800
+146,200
| +8% | +$3.48M |
|
|
CXO
675
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $45.9M | 0.02% |
395,900
-54,200
| -12% | -$5.9M |
|
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.