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 | |
|---|---|---|---|---|---|---|
|
SGMO
1101
CALL
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $23.6M | 0.01% |
1,504,800
+74,500
| +5% | +$1.15M |
|
|
PCP
1102
PUT
DELISTED
PRECISION CASTPARTS CORP
PCP
| $23.6M | 0.01% |
112,200
+85,400
| +319% | +$18.1M |
|
1103
CALL
Range Resources
RRC
$9.58B
| $23.5M | 0.01% |
452,300
-91,200
| -17% | -$4.52M |
|
|
S
1104
PUT
DELISTED
Sprint Corporation
S
| $23.5M | 0.01% |
4,965,400
-462,200
| -9% | -$2.18M |
|
|
DFS
1105
PUT
DELISTED
Discover Financial Services
DFS
| $23.5M | 0.01% |
417,200
+170,100
| +69% | +$10.1M |
|
1106
PUT
State Street SPDR S&P Retail ETF
XRT
$325M
| $23.5M | 0.01% |
465,200
-891,200
| -66% | -$43.3M |
|
1107
CALL
Sanofi
SNY
$110B
| $23.5M | 0.01% |
475,000
+198,300
| +72% | +$9.48M |
|
1108
Dick's Sporting Goods
DKS
$11.1B
| $23.4M | 0.01% |
411,424
+328,603
| +397% | +$18M |
|
1109
PUT
United Therapeutics
UTHR
$22.2B
| $23.4M | 0.01% |
135,900
-67,100
| -33% | -$10.2M |
|
1110
PUT
AGNC Investment
AGNC
$12.9B
| $23.4M | 0.01% |
1,097,800
-389,000
| -26% | -$8.41M |
|
1111
CALL
CarMax
KMX
$9.11B
| $23.4M | 0.01% |
338,700
-118,200
| -26% | -$7.71M |
|
|
OVTI
1112
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $23.4M | 0.01% |
885,852
-117,464
| -12% | -$3.15M |
|
1113
CALL
Abercrombie & Fitch
ANF
$4.84B
| $23.2M | 0.01% |
1,053,800
-805,300
| -43% | -$19.8M |
|
1114
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $23.2M | 0.01% |
853,600
+196,100
| +30% | +$5.52M |
|
1115
PUT
Plains All American Pipeline
PAA
$17.4B
| $23.1M | 0.01% |
474,100
+261,800
| +123% | +$13M |
|
1116
PUT
Golar LNG
GLNG
$5.31B
| $23.1M | 0.01% |
694,100
-229,800
| -25% | -$7.36M |
|
|
1117
Golar LNG
GLNG
$5.31B
| $23.1M | 0.01% |
693,298
+360,667
| +108% | +$11.6M |
|
1118
CALL
Kroger
KR
$35.8B
| $23M | 0.01% |
600,800
+192,000
| +47% | +$6.85M |
|
|
DNKN
1119
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $23M | 0.01% |
483,100
-401,100
| -45% | -$18.6M |
|
1120
CALL
Constellation Brands
STZ
$23.1B
| $23M | 0.01% |
197,600
-55,300
| -22% | -$6.22M |
|
1121
PUT
Stryker
SYK
$127B
| $22.9M | 0.01% |
248,600
+107,500
| +76% | +$10M |
|
|
SE
1122
CALL
DELISTED
Spectra Energy Corp Wi
SE
| $22.9M | 0.01% |
632,600
-452,800
| -42% | -$15.8M |
|
1123
CALL
TotalEnergies
TTE
$197B
| $22.8M | 0.01% |
458,900
+21,100
| +5% | +$1.08M |
|
1124
PUT
Eaton
ETN
$159B
| $22.8M | 0.01% |
335,000
+158,600
| +90% | +$10.8M |
|
|
DATA
1125
CALL
DELISTED
Tableau Software, Inc.
DATA
| $22.7M | 0.01% |
245,700
-110,300
| -31% | -$10M |
|
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.