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 | |
|---|---|---|---|---|---|---|
901
Abercrombie & Fitch
ANF
$4.76B
| $30.8M | 0.01% |
1,398,923
+215,755
| +18% | +$5.32M |
|
902
UnitedHealth
UNH
$356B
| $30.8M | 0.01% |
260,568
-23,475
| -8% | -$2.61M |
|
|
ESPR
903
PUT
DELISTED
Esperion Therapeutics
ESPR
| $30.8M | 0.01% |
332,600
+319,400
| +2,420% | +$20.6M |
|
|
HOLX
904
DELISTED
Hologic
HOLX
| $30.7M | 0.01% |
929,334
+385,005
| +71% | +$11.8M |
|
|
MNK
905
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $30.7M | 0.01% |
242,300
-581,900
| -71% | -$66.5M |
|
|
SUNE
906
PUT
DELISTED
SUNEDISON, INC COM
SUNE
| $30.6M | 0.01% |
1,276,100
-692,700
| -35% | -$14.9M |
|
907
AT&T
T
$177B
| $30.6M | 0.01% |
1,241,709
-335,826
| -21% | -$8.54M |
|
|
RSX
908
CALL
DELISTED
VanEck Russia ETF
RSX
| $30.6M | 0.01% |
1,798,000
+499,300
| +38% | +$8.14M |
|
909
CALL
Advance Auto Parts
AAP
$2.64B
| $30.6M | 0.01% |
204,100
+141,000
| +223% | +$21.7M |
|
910
VanEck Junior Gold Miners ETF
GDXJ
$10B
| $30.4M | 0.01% |
1,338,134
-234,803
| -15% | -$6.09M |
|
911
PUT
JD.com
JD
$39.6B
| $30.4M | 0.01% |
1,035,500
+126,400
| +14% | +$3.39M |
|
|
MDVN
912
PUT
DELISTED
MEDIVATION, INC.
MDVN
| $30.4M | 0.01% |
471,200
-244,600
| -34% | -$14M |
|
|
BLUE
913
CALL
DELISTED
bluebird bio
BLUE
| $30.4M | 0.01% |
19,424
+9,064
| +87% | +$12M |
|
|
ZNGA
914
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $30.4M | 0.01% |
10,655,900
+6,306,000
| +145% | +$16.3M |
|
915
Petrobras Class A
PBR.A
$103B
| $30.4M | 0.01% |
4,985,373
+2,151,957
| +76% | +$14M |
|
|
TSRO
916
PUT
DELISTED
TESARO, Inc.
TSRO
| $30.3M | 0.01% |
528,400
+508,100
| +2,503% | +$23.9M |
|
917
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $30.2M | 0.01% |
373,164
+350,744
| +1,564% | +$28.6M |
|
918
Teva Pharmaceuticals
TEVA
$44B
| $30.2M | 0.01% |
485,253
+380,039
| +361% | +$22.1M |
|
|
ATVI
919
CALL
DELISTED
Activision Blizzard
ATVI
| $30.2M | 0.01% |
1,327,300
-228,700
| -15% | -$5.01M |
|
|
INVN
920
PUT
DELISTED
Invensense Inc
INVN
| $30.2M | 0.01% |
1,982,400
-141,100
| -7% | -$2.22M |
|
921
CALL
Zimmer Biomet
ZBH
$19.2B
| $30.1M | 0.01% |
263,886
+155,736
| +144% | +$17.8M |
|
922
CALL
Travel + Leisure Co
TNL
$4.51B
| $30M | 0.01% |
734,716
+86,828
| +13% | +$3.46M |
|
923
Lockheed Martin
LMT
$128B
| $30M | 0.01% |
147,703
-58,100
| -28% | -$11.5M |
|
|
P
924
CALL
DELISTED
Pandora Media Inc
P
| $30M | 0.01% |
1,848,700
-698,100
| -27% | -$11.2M |
|
925
CALL
Qorvo
QRVO
$8.32B
| $29.9M | 0.01% |
+375,700
| New | +$26.8M |
|
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.