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 | |
|---|---|---|---|---|---|---|
701
Ambarella
AMBA
$3.07B
| $43.2M | 0.02% |
569,951
-181,749
| -24% | -$11M |
|
702
PUT
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $43.1M | 0.02% |
1,302,800
+1,227,000
| +1,619% | +$38M |
|
703
Merck
MRK
$372B
| $43.1M | 0.02% |
785,219
-54,392
| -6% | -$3.08M |
|
|
LO
704
PUT
DELISTED
LORILLARD INC COM STK
LO
| $43M | 0.02% |
657,700
-1,090,300
| -62% | -$72.6M |
|
705
PUT
LyondellBasell Industries
LYB
$21.1B
| $42.8M | 0.02% |
487,500
-756,900
| -61% | -$63.7M |
|
706
PUT
ICICI Bank
IBN
$106B
| $42.8M | 0.02% |
4,540,910
-2,162,270
| -32% | -$22.4M |
|
707
PUT
Dollar General
DG
$27.6B
| $42.8M | 0.02% |
567,300
-1,860,700
| -77% | -$132M |
|
708
PUT
Tenet Healthcare
THC
$22.4B
| $42.5M | 0.02% |
858,800
+131,800
| +18% | +$6.16M |
|
|
SINA
709
PUT
DELISTED
Sina Corp
SINA
| $42.5M | 0.02% |
1,321,400
-626,800
| -32% | -$22.5M |
|
710
CALL
NOV
NOV
$7.04B
| $42.5M | 0.02% |
849,400
-40,300
| -5% | -$2.19M |
|
|
ALTR
711
CALL
DELISTED
Altera Corp
ALTR
| $42.4M | 0.02% |
988,600
+191,700
| +24% | +$6.86M |
|
712
PUT
BlackBerry
BB
$4.48B
| $42.4M | 0.02% |
4,746,200
-954,800
| -17% | -$9.7M |
|
713
PUT
F5
FFIV
$21.5B
| $42.3M | 0.02% |
368,200
+14,100
| +4% | +$1.66M |
|
714
CALL
Elevance Health
ELV
$87.3B
| $42.2M | 0.02% |
273,000
+76,900
| +39% | +$10.9M |
|
715
Travelers Companies
TRV
$77.3B
| $42.1M | 0.02% |
389,104
-14,037
| -3% | -$1.5M |
|
|
VMW
716
DELISTED
VMware, Inc
VMW
| $42.1M | 0.02% |
513,004
-84,767
| -14% | -$6.93M |
|
717
CALL
General Mills
GIS
$21.9B
| $42.1M | 0.02% |
743,100
-222,200
| -23% | -$11.8M |
|
|
LL
718
CALL
DELISTED
LL Flooring Holdings, Inc.
LL
| $42M | 0.02% |
1,365,600
+653,200
| +92% | +$33.4M |
|
|
BWLD
719
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $42M | 0.02% |
231,900
-259,400
| -53% | -$48.1M |
|
|
HES
720
CALL
DELISTED
Hess
HES
| $41.9M | 0.02% |
618,000
-695,900
| -53% | -$49.6M |
|
721
Mondelez International
MDLZ
$82.6B
| $41.9M | 0.02% |
1,159,860
+302,165
| +35% | +$10.9M |
|
722
CALL
ProShares Ultra S&P500
SSO
$8.36B
| $41.8M | 0.02% |
5,171,200
-4,622,400
| -47% | -$37.3M |
|
723
CALL
HCA Healthcare
HCA
$92.9B
| $41.8M | 0.02% |
555,500
-896,300
| -62% | -$64.4M |
|
724
Verizon
VZ
$208B
| $41.8M | 0.02% |
858,579
-1,063,038
| -55% | -$51.3M |
|
|
ACT.PRA
725
DELISTED
ACTAVIS PLC Pfd Conv Ser A (Irl)
ACT.PRA
| $41.7M | 0.02% |
+40,500
| New | +$42.4M |
|
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.