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 | |
|---|---|---|---|---|---|---|
|
RAX
826
CALL
DELISTED
Rackspace Hosting Inc
RAX
| $35M | 0.02% |
678,100
-338,100
| -33% | -$16.6M |
|
827
PUT
Banco Santander
SAN
$213B
| $34.9M | 0.02% |
4,937,212
-2,698,664
| -35% | -$18.3M |
|
828
ICICI Bank
IBN
$109B
| $34.8M | 0.02% |
3,696,277
+1,171,562
| +46% | +$12.2M |
|
829
PUT
Targa Resources
TRGP
$61.5B
| $34.8M | 0.02% |
363,200
+275,200
| +313% | +$25.8M |
|
830
Edwards Lifesciences
EW
$52.4B
| $34.7M | 0.02% |
1,463,274
+758,898
| +108% | +$17M |
|
|
DO
831
PUT
DELISTED
Diamond Offshore Drilling
DO
| $34.7M | 0.02% |
1,295,400
-1,478,100
| -53% | -$46.1M |
|
832
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $34.7M | 0.02% |
847,700
+215,300
| +34% | +$8.76M |
|
833
Williams Companies
WMB
$86.9B
| $34.7M | 0.02% |
684,994
+133,440
| +24% | +$6.19M |
|
834
CALL
Lennar Class A
LEN
$21.1B
| $34.6M | 0.02% |
701,880
-742,221
| -51% | -$33.8M |
|
835
PUT
Deckers Outdoor
DECK
$12.1B
| $34.5M | 0.02% |
2,841,600
+130,800
| +5% | +$1.68M |
|
|
CONN
836
CALL
DELISTED
Conn's Inc.
CONN
| $34.5M | 0.02% |
1,139,600
-218,800
| -16% | -$5M |
|
837
PUT
Best Buy
BBY
$18B
| $34.5M | 0.02% |
913,000
-2,568,700
| -74% | -$98.3M |
|
|
P
838
DELISTED
Pandora Media Inc
P
| $34.5M | 0.02% |
2,127,842
+346,100
| +19% | +$5.53M |
|
839
CALL
AstraZeneca
AZN
$263B
| $34.4M | 0.02% |
503,400
-3,055,900
| -86% | -$212M |
|
840
CALL
United Therapeutics
UTHR
$22.2B
| $34.4M | 0.02% |
199,600
+38,300
| +24% | +$5.84M |
|
841
HCA Healthcare
HCA
$92.8B
| $34.4M | 0.02% |
456,746
+418,390
| +1,091% | +$30M |
|
|
HES
842
PUT
DELISTED
Hess
HES
| $34.3M | 0.02% |
505,400
-482,900
| -49% | -$34.4M |
|
843
CALL
Parker-Hannifin
PH
$128B
| $34.2M | 0.02% |
287,700
+244,700
| +569% | +$29.7M |
|
844
PUT
NVIDIA
NVDA
$5.16T
| $34.2M | 0.02% |
65,312,000
-16,000
| -0% | -$8.51K |
|
845
CALL
Community Health Systems
CYH
$419M
| $33.9M | 0.02% |
784,564
-196,020
| -20% | -$8.12M |
|
|
GRA
846
CALL
DELISTED
W.R. Grace & Co.
GRA
| $33.9M | 0.02% |
342,500
+269,900
| +372% | +$25.7M |
|
847
CALL
Cboe Global Markets
CBOE
$32.3B
| $33.9M | 0.02% |
589,700
+39,500
| +7% | +$2.46M |
|
848
CALL
Tenet Healthcare
THC
$21.9B
| $33.8M | 0.02% |
682,600
+506,100
| +287% | +$23.7M |
|
849
PUT
Exelon
EXC
$45.7B
| $33.6M | 0.02% |
1,403,682
+162,071
| +13% | +$4.01M |
|
850
American Tower
AMT
$83.2B
| $33.6M | 0.02% |
357,253
+109,756
| +44% | +$10.7M |
|
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.