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 | |
|---|---|---|---|---|---|---|
1001
CALL
Mercado Libre
MELI
$101B
| $27.1M | 0.01% |
220,900
+300
| +0.1% | +$37.9K |
|
1002
Newmont
NEM
$142B
| $27.1M | 0.01% |
1,246,070
-1,079,723
| -46% | -$25.2M |
|
|
EMES
1003
PUT
DELISTED
Emerge Energy Services LP
EMES
| $27M | 0.01% |
569,500
-242,200
| -30% | -$12.7M |
|
1004
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $26.9M | 0.01% |
228,867
-816,600
| -78% | -$95.8M |
|
1005
CALL
Stratasys
SSYS
$693M
| $26.9M | 0.01% |
510,100
-117,900
| -19% | -$7.81M |
|
|
GAP
1006
PUT
The Gap Inc
GAP
$7.25B
| $26.9M | 0.01% |
621,300
-394,500
| -39% | -$16.4M |
|
1007
CALL
General Dynamics
GD
$102B
| $26.9M | 0.01% |
198,300
-145,100
| -42% | -$19.9M |
|
|
BBBY
1008
DELISTED
Bed Bath & Beyond Inc
BBBY
| $26.8M | 0.01% |
349,505
+13,581
| +4% | +$1.03M |
|
1009
CALL
Celldex Therapeutics
CLDX
$3.24B
| $26.8M | 0.01% |
64,053
+31,100
| +94% | +$11.1M |
|
1010
CALL
Agilent Technologies
A
$43.7B
| $26.7M | 0.01% |
643,700
-1,002,000
| -61% | -$40.5M |
|
1011
PUT
Zoetis
ZTS
$31.9B
| $26.7M | 0.01% |
577,400
+31,200
| +6% | +$1.41M |
|
1012
CALL
Crown Castle
CCI
$32.5B
| $26.7M | 0.01% |
323,700
-206,300
| -39% | -$17.6M |
|
|
OUTR
1013
PUT
DELISTED
OUTERWALL INC
OUTR
| $26.7M | 0.01% |
404,000
-62,900
| -13% | -$4.21M |
|
1014
PUT
Hartford Financial Services
HIG
$37.4B
| $26.7M | 0.01% |
638,400
-116,000
| -15% | -$4.75M |
|
1015
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $26.7M | 0.01% |
1,094,200
+50,200
| +5% | +$1.24M |
|
1016
PUT
Emerson Electric
EMR
$86.4B
| $26.6M | 0.01% |
470,600
+56,000
| +14% | +$3.25M |
|
|
RDS.B
1017
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $26.6M | 0.01% |
423,600
+197,300
| +87% | +$13M |
|
|
SCTY
1018
DELISTED
SolarCity Corporation
SCTY
| $26.5M | 0.01% |
516,501
-963,265
| -65% | -$49.5M |
|
1019
PUT
Dollar Tree
DLTR
$25.8B
| $26.4M | 0.01% |
325,700
+87,000
| +36% | +$6.6M |
|
1020
EOG Resources
EOG
$77B
| $26.3M | 0.01% |
287,185
-266,304
| -48% | -$24.1M |
|
1021
CALL
Invesco CurrencyShares Swiss Franc Trust
FXF
$385M
| $26.3M | 0.01% |
262,400
+252,200
| +2,473% | +$25.8M |
|
1022
PUT
Lennar Class A
LEN
$21.1B
| $26.2M | 0.01% |
531,689
-718,268
| -57% | -$32.7M |
|
1023
CALL
Digital Realty Trust
DLR
$71.2B
| $26.2M | 0.01% |
397,500
-105,800
| -21% | -$7.26M |
|
|
S
1024
DELISTED
Sprint Corporation
S
| $26.2M | 0.01% |
5,522,154
+1,911,502
| +53% | +$9.01M |
|
1025
CALL
United States Natural Gas Fund
UNG
$515M
| $26.1M | 0.01% |
123,181
-159,907
| -56% | -$36.5M |
|
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.