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 | |
|---|---|---|---|---|---|---|
1026
PUT
PNC Financial Services
PNC
$97.4B
| $26.1M | 0.01% |
279,700
-55,900
| -17% | -$5.05M |
|
|
JCP
1027
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $26.1M | 0.01% |
3,099,200
-7,058,500
| -69% | -$55M |
|
1028
Dollar General
DG
$27B
| $26.1M | 0.01% |
345,703
-239,197
| -41% | -$16.9M |
|
1029
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $26M | 0.01% |
286,800
+12,700
| +5% | +$1.15M |
|
1030
CALL
Perrigo
PRGO
$2.01B
| $26M | 0.01% |
156,800
-145,800
| -48% | -$23.3M |
|
1031
PUT
Constellation Brands
STZ
$23.1B
| $25.9M | 0.01% |
223,200
+37,800
| +20% | +$4.25M |
|
1032
PUT
Suncor Energy
SU
$76.4B
| $25.9M | 0.01% |
886,600
-181,800
| -17% | -$5.4M |
|
|
RCPT
1033
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $25.9M | 0.01% |
157,238
+142,630
| +976% | +$18M |
|
1034
CALL
Paychex
PAYX
$44.5B
| $25.9M | 0.01% |
522,000
+7,700
| +1% | +$374K |
|
1035
PUT
Allstate
ALL
$65.1B
| $25.7M | 0.01% |
361,600
+270,400
| +296% | +$19.1M |
|
1036
CALL
Fortinet
FTNT
$113B
| $25.7M | 0.01% |
3,677,500
+1,267,500
| +53% | +$8.27M |
|
|
BNY
1037
Bank of New York Mellon
BNY
$111B
| $25.7M | 0.01% |
637,930
-74,898
| -11% | -$2.92M |
|
1038
Ralph Lauren
RL
$21.6B
| $25.7M | 0.01% |
195,145
-5,940
| -3% | -$880K |
|
1039
PUT
Carnival Corporation Ltd
CCL
$35.8B
| $25.6M | 0.01% |
534,300
+42,800
| +9% | +$1.93M |
|
1040
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$252M
| $25.6M | 0.01% |
46,610
+15,880
| +52% | +$8.77M |
|
1041
PUT
Capital One
COF
$133B
| $25.6M | 0.01% |
324,200
+54,500
| +20% | +$4.28M |
|
|
MLNX
1042
PUT
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $25.5M | 0.01% |
563,400
-4,400
| -0.8% | -$201K |
|
|
RAD
1043
PUT
DELISTED
Rite Aid Corporation
RAD
| $25.4M | 0.01% |
146,270
-5,080
| -3% | -$791K |
|
1044
Western Digital
WDC
$163B
| $25.4M | 0.01% |
368,960
+220,394
| +148% | +$17.2M |
|
1045
CALL
Sysco
SYY
$40B
| $25.3M | 0.01% |
670,700
+75,900
| +13% | +$2.99M |
|
1046
PUT
Marriott International
MAR
$93.3B
| $25.3M | 0.01% |
315,000
+36,100
| +13% | +$2.88M |
|
1047
PUT
Wheaton Precious Metals
WPM
$74.4B
| $25.1M | 0.01% |
1,320,300
-973,300
| -42% | -$20.7M |
|
|
DO
1048
CALL
DELISTED
Diamond Offshore Drilling
DO
| $25.1M | 0.01% |
936,900
-904,900
| -49% | -$28.2M |
|
1049
CALL
Eastman Chemical
EMN
$8.23B
| $25.1M | 0.01% |
362,200
-39,500
| -10% | -$2.85M |
|
1050
CALL
Ecolab
ECL
$81.2B
| $25M | 0.01% |
218,600
+46,500
| +27% | +$5.1M |
|
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.