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
|
+$2.22B |
| 2 |
Weyerhaeuser
WY
|
+$663M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$604M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$602M |
| 5 |
Apple
AAPL
|
+$601M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$431M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$315M |
| 3 |
Booking.com
BKNG
|
+$260M |
| 4 |
Bank of America
BAC
|
+$260M |
| 5 |
Micron Technology
MU
|
+$256M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.6% |
| 2 | Consumer Discretionary | 2% |
| 3 | Financials | 1.96% |
| 4 | Energy | 1.81% |
| 5 | Communication Services | 1.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $584M | 0.25% |
5,145,500
+1,400,600
| +37% | +$156M |
|
52
PUT
General Motors
GM
$77.2B
| $578M | 0.25% |
15,931,000
-2,035,200
| -11% | -$71M |
|
53
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $572M | 0.25% |
8,365,300
+1,649,900
| +25% | +$113M |
|
54
PUT
Goldman Sachs
GS
$303B
| $565M | 0.24% |
3,377,000
-442,800
| -12% | -$71.5M |
|
55
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $563M | 0.24% |
47,505,000
-3,885,000
| -8% | -$42.1M |
|
56
CALL
Microsoft
MSFT
$3.59T
| $562M | 0.24% |
13,471,100
-4,858,900
| -27% | -$197M |
|
57
PUT
IBM
IBM
$222B
| $535M | 0.23% |
3,086,118
+154,180
| +5% | +$27.7M |
|
|
58
CALL
Micron Technology
MU
$1.09T
| $519M | 0.22% |
15,765,900
-1,385,400
| -8% | -$37.8M |
|
|
GMCR
59
PUT
DELISTED
KEURIG GREEN MTN INC
GMCR
| $515M | 0.22% |
+4,136,500
| New | +$451M |
|
60
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $502M | 0.22% |
2,987,100
+326,900
| +12% | +$54.2M |
|
61
CALL
Procter & Gamble
PG
$336B
| $501M | 0.22% |
6,368,500
+1,670,100
| +36% | +$135M |
|
62
Gilead Sciences
GILD
$181B
| $500M | 0.22% |
6,030,449
+739,332
| +14% | +$57.5M |
|
63
CALL
Baidu
BIDU
$31.6B
| $500M | 0.22% |
2,674,300
-796,800
| -23% | -$130M |
|
|
64
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $492M | 0.21% |
41,545,000
+2,215,000
| +6% | +$24M |
|
65
PUT
ExxonMobil
XOM
$679B
| $484M | 0.21% |
4,806,900
+1,434,400
| +43% | +$145M |
|
|
66
PUT
Baidu
BIDU
$31.6B
| $474M | 0.2% |
2,535,800
-481,200
| -16% | -$78.7M |
|
67
CALL
AT&T
T
$173B
| $474M | 0.2% |
17,730,611
+5,916,824
| +50% | +$158M |
|
68
PUT
Mastercard
MA
$509B
| $460M | 0.2% |
6,265,400
-1,870,700
| -23% | -$139M |
|
69
Amazon
AMZN
$2.79T
| $443M | 0.19% |
27,282,200
+4,768,380
| +21% | +$75.4M |
|
|
CELG
70
PUT
DELISTED
Celgene Corp
CELG
| $442M | 0.19% |
5,148,000
-767,800
| -13% | -$58.4M |
|
71
PUT
Intel
INTC
$476B
| $439M | 0.19% |
14,212,900
-5,276,700
| -27% | -$145M |
|
|
72
General Motors
GM
$77.2B
| $437M | 0.19% |
12,040,631
+380,221
| +3% | +$13.3M |
|
|
73
PUT
Micron Technology
MU
$1.09T
| $431M | 0.19% |
13,072,100
-9,687,300
| -43% | -$264M |
|
|
CELG
74
CALL
DELISTED
Celgene Corp
CELG
| $425M | 0.18% |
4,947,900
+75,700
| +2% | +$5.76M |
|
75
PUT
GE Aerospace
GE
$361B
| $420M | 0.18% |
3,333,565
-458,576
| -12% | -$58.3M |
|
Similar funds
Jeff Yass's Q2 2014 Portfolio in Review
As of Q2 2014, Jeff Yass held 10,568 positions worth $232B, up 7.4% from $216B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q2 2014 filing shows 1,744 new, 4,134 increased, 3,727 reduced and 860 closed positions. Its largest new stake was KEURIG GREEN MTN INC: 1,489,864 shares worth $186M. The largest sale was Alphabet (Google) Class C, an estimated $431M.
By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 2.4% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jeff Yass's largest Q2 2014 buy was KEURIG GREEN MTN INC: 1,489,864 shares worth $186M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $2.22B increase.
- Jeff Yass's biggest Q2 2014 reduction was Alphabet (Google) Class C, cutting an estimated $431M.
- Jeff Yass fully exited Aberdeen India Fund in Q2 2014, selling an estimated $32.6M.
- Jeff Yass's ten largest holdings make up 23% of its $232B portfolio in Q2 2014.
- Jeff Yass opened 1,744 new positions and closed 860 in Q2 2014.
- Jeff Yass's portfolio value rose 7.4% quarter-over-quarter to $232B.
Based on Susquehanna International Group's 13F filing for Q2 2014, filed 14 Aug 2014.