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 | |
|---|---|---|---|---|---|---|
|
GOLD
1051
CALL
DELISTED
Randgold Resources Ltd
GOLD
| $25M | 0.01% |
362,988
-248,128
| -41% | -$18.6M |
|
|
LXK
1052
PUT
DELISTED
Lexmark Intl Inc
LXK
| $25M | 0.01% |
589,900
+276,400
| +88% | +$11.4M |
|
1053
CALL
Petrobras
PBR
$115B
| $25M | 0.01% |
4,154,100
-5,209,000
| -56% | -$33.2M |
|
1054
CALL
Canadian Solar
CSIQ
$970M
| $24.9M | 0.01% |
745,600
-154,600
| -17% | -$4.27M |
|
|
GRUB
1055
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $24.8M | 0.01% |
273,200
+204,450
| +297% | +$16.5M |
|
|
AVB
1056
CALL
DELISTED
AvalonBay Communities
AVB
| $24.8M | 0.01% |
142,300
-282,500
| -67% | -$48.8M |
|
1057
CALL
Vanguard Real Estate ETF
VNQ
$39.4B
| $24.8M | 0.01% |
294,000
+174,900
| +147% | +$14.9M |
|
1058
CALL
Ciena
CIEN
$54.9B
| $24.8M | 0.01% |
1,283,400
-448,200
| -26% | -$8.93M |
|
1059
CALL
Archer Daniels Midland
ADM
$38.2B
| $24.8M | 0.01% |
522,400
+44,400
| +9% | +$2.11M |
|
|
MWE
1060
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $24.7M | 0.01% |
374,023
-322,819
| -46% | -$19.8M |
|
1061
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $24.7M | 0.01% |
636,400
+181,200
| +40% | +$6.85M |
|
1062
CALL
TJX Companies
TJX
$154B
| $24.7M | 0.01% |
705,200
+58,200
| +9% | +$1.98M |
|
1063
CALL
NetApp
NTAP
$36.8B
| $24.7M | 0.01% |
695,800
-57,000
| -8% | -$2.18M |
|
1064
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$770M
| $24.7M | 0.01% |
7,075
+1,305
| +23% | +$4.47M |
|
1065
CALL
The Greenbrier Companies
GBX
$1.43B
| $24.6M | 0.01% |
424,600
+51,500
| +14% | +$2.85M |
|
|
FMI
1066
DELISTED
Foundation Medicine, Inc.
FMI
| $24.6M | 0.01% |
511,894
+391,727
| +326% | +$17.8M |
|
|
VMW
1067
CALL
DELISTED
VMware, Inc
VMW
| $24.6M | 0.01% |
300,000
-83,100
| -22% | -$6.8M |
|
1068
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $24.6M | 0.01% |
303,200
-161,800
| -35% | -$13.2M |
|
1069
PUT
Community Health Systems
CYH
$419M
| $24.5M | 0.01% |
567,490
-48,037
| -8% | -$1.99M |
|
1070
CALL
Harley-Davidson
HOG
$2.86B
| $24.5M | 0.01% |
403,200
+85,800
| +27% | +$5.39M |
|
|
RDS.A
1071
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $24.5M | 0.01% |
439,493
+224,347
| +104% | +$13.3M |
|
1072
PUT
ProShares Ultra FTSE China 50 of PROSHARES TRUST
XPP
$8.61M
| $24.5M | 0.01% |
313,300
-24,900
| -7% | -$1.79M |
|
1073
BHP
BHP
$251B
| $24.4M | 0.01% |
621,555
+521,446
| +521% | +$21.2M |
|
1074
CALL
Campbell Soup
CPB
$7B
| $24.4M | 0.01% |
524,500
+119,100
| +29% | +$5.5M |
|
|
SPLS
1075
CALL
DELISTED
Staples Inc
SPLS
| $24.4M | 0.01% |
1,498,400
-1,488,700
| -50% | -$25M |
|
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.