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 | |
|---|---|---|---|---|---|---|
926
PUT
Mercado Libre
MELI
$101B
| $29.9M | 0.01% |
244,300
-180,800
| -43% | -$22.9M |
|
927
CALL
McKesson
MCK
$106B
| $29.9M | 0.01% |
132,300
-86,600
| -40% | -$19.2M |
|
928
PUT
Cigna
CI
$73.8B
| $29.9M | 0.01% |
231,000
-394,400
| -63% | -$45.8M |
|
|
ACAS
929
CALL
DELISTED
American Capital Ltd
ACAS
| $29.9M | 0.01% |
2,020,500
-919,400
| -31% | -$13.5M |
|
930
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $29.9M | 0.01% |
266,400
+221,200
| +489% | +$24.6M |
|
|
VER
931
PUT
DELISTED
VEREIT, Inc.
VER
| $29.9M | 0.01% |
606,380
-433,600
| -42% | -$20.7M |
|
|
DATA
932
PUT
DELISTED
Tableau Software, Inc.
DATA
| $29.8M | 0.01% |
322,500
+109,300
| +51% | +$9.93M |
|
933
PUT
General Mills
GIS
$21.3B
| $29.8M | 0.01% |
526,600
+1,700
| +0.3% | +$90.7K |
|
934
PUT
Kroger
KR
$35.8B
| $29.8M | 0.01% |
776,400
-66,600
| -8% | -$2.38M |
|
935
CALL
VanEck Junior Gold Miners ETF
GDXJ
$10B
| $29.7M | 0.01% |
1,308,100
-298,400
| -19% | -$7.73M |
|
936
PUT
Bath & Body Works
BBWI
$3.54B
| $29.7M | 0.01% |
389,408
-236,885
| -38% | -$17.1M |
|
937
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $29.5M | 0.01% |
1,326,932
-7,678,380
| -85% | -$177M |
|
938
PUT
Marvell Technology
MRVL
$216B
| $29.4M | 0.01% |
2,002,900
+484,000
| +32% | +$7.65M |
|
939
PUT
Polaris
PII
$3.62B
| $29.4M | 0.01% |
208,600
+116,600
| +127% | +$17.2M |
|
940
PUT
Dillards
DDS
$9.95B
| $29.4M | 0.01% |
215,300
-322,700
| -60% | -$40.3M |
|
|
RHT
941
CALL
DELISTED
Red Hat Inc
RHT
| $29.3M | 0.01% |
387,200
-576,400
| -60% | -$39.1M |
|
942
PUT
Celldex Therapeutics
CLDX
$3.24B
| $29.3M | 0.01% |
70,153
-15,654
| -18% | -$5.6M |
|
|
ODP
943
DELISTED
ODP
ODP
| $29.3M | 0.01% |
318,779
+17,744
| +6% | +$1.58M |
|
|
PXD
944
DELISTED
Pioneer Natural Resource Co.
PXD
| $29.3M | 0.01% |
179,224
-73,753
| -29% | -$11.3M |
|
|
CHL
945
CALL
DELISTED
China Mobile Limited
CHL
| $29.3M | 0.01% |
450,500
-337,600
| -43% | -$22M |
|
946
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $29.2M | 0.01% |
1,197,800
+395,600
| +49% | +$9.79M |
|
947
Air Products & Chemicals
APD
$67.7B
| $29.2M | 0.01% |
208,418
-7,903
| -4% | -$1.09M |
|
948
PUT
NextEra Energy
NEE
$176B
| $29.2M | 0.01% |
1,120,800
+619,600
| +124% | +$16.3M |
|
949
CALL
Synaptics
SYNA
$3.71B
| $29.1M | 0.01% |
357,600
-268,300
| -43% | -$20.3M |
|
|
950
Marvell Technology
MRVL
$216B
| $29M | 0.01% |
1,975,093
+1,011,599
| +105% | +$16M |
|
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.