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 | |
|---|---|---|---|---|---|---|
876
PUT
Cleveland-Cliffs
CLF
$6.53B
| $32M | 0.01% |
6,646,500
-3,557,300
| -35% | -$22.9M |
|
877
CALL
Estee Lauder
EL
$37.6B
| $31.9M | 0.01% |
383,800
-101,600
| -21% | -$8M |
|
878
PUT
Intercontinental Exchange
ICE
$91.1B
| $31.9M | 0.01% |
684,000
-623,500
| -48% | -$28.1M |
|
|
WWAV
879
CALL
DELISTED
The WhiteWave Foods Company
WWAV
| $31.9M | 0.01% |
719,400
+515,000
| +252% | +$19.7M |
|
880
CALL
Dollar General
DG
$27.1B
| $31.8M | 0.01% |
422,500
-1,705,500
| -80% | -$121M |
|
|
BBBY
881
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $31.8M | 0.01% |
414,000
+29,700
| +8% | +$2.25M |
|
882
Rio Tinto
RIO
$174B
| $31.7M | 0.01% |
766,657
+721,599
| +1,601% | +$32.6M |
|
|
EMES
883
CALL
DELISTED
Emerge Energy Services LP
EMES
| $31.7M | 0.01% |
667,700
-259,000
| -28% | -$13.6M |
|
884
CALL
Adobe
ADBE
$109B
| $31.6M | 0.01% |
427,100
-126,200
| -23% | -$9.41M |
|
|
ARMH
885
PUT
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $31.4M | 0.01% |
636,500
+103,800
| +19% | +$5.16M |
|
886
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $31.4M | 0.01% |
753,561
+221,863
| +42% | +$8.18M |
|
887
PUT
Accenture
ACN
$115B
| $31.3M | 0.01% |
334,600
+90,100
| +37% | +$8.04M |
|
888
Las Vegas Sands
LVS
$30.6B
| $31.3M | 0.01% |
569,549
-1,237,738
| -68% | -$69M |
|
889
Baxter International
BAX
$13.6B
| $31.2M | 0.01% |
839,535
+359,467
| +75% | +$13.6M |
|
890
CALL
Assured Guaranty
AGO
$3.3B
| $31.2M | 0.01% |
1,182,800
+90,100
| +8% | +$2.33M |
|
891
Molson Coors Class B
TAP
$7.83B
| $31.2M | 0.01% |
419,185
+329,924
| +370% | +$24.9M |
|
892
Herc Holdings
HRI
$5.23B
| $31.2M | 0.01% |
479,501
-60,547
| -11% | -$4.04M |
|
893
CALL
PVH
PVH
$3.42B
| $31.1M | 0.01% |
291,900
-16,800
| -5% | -$1.82M |
|
894
PUT
VanEck Semiconductor ETF
SMH
$65.7B
| $31M | 0.01% |
1,122,200
-302,000
| -21% | -$8.35M |
|
895
PUT
General Dynamics
GD
$102B
| $31M | 0.01% |
228,200
-133,300
| -37% | -$18.3M |
|
896
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $31M | 0.01% |
756,900
-327,900
| -30% | -$13.3M |
|
|
ADT
897
CALL
DELISTED
ADT Corp
ADT
| $30.9M | 0.01% |
745,000
+172,500
| +30% | +$6.47M |
|
898
CALL
Autodesk
ADSK
$52.8B
| $30.9M | 0.01% |
526,600
-352,300
| -40% | -$20.9M |
|
899
CALL
Alcoa
AA
$13.5B
| $30.9M | 0.01% |
994,465
-1,846,609
| -65% | -$66.3M |
|
900
PUT
United States Natural Gas Fund
UNG
$515M
| $30.8M | 0.01% |
145,563
-119,187
| -45% | -$27.2M |
|
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.