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 | |
|---|---|---|---|---|---|---|
1151
PUT
Southern Company
SO
$103B
| $22M | 0.01% |
496,500
-353,400
| -42% | -$16.8M |
|
|
ONIT
1152
CALL
Onity Group
ONIT
$294M
| $21.9M | 0.01% |
177,233
+103,680
| +141% | +$13.9M |
|
1153
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $21.8M | 0.01% |
391,628
+147,843
| +61% | +$8.32M |
|
|
LVLT
1154
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $21.8M | 0.01% |
405,500
-90,500
| -18% | -$4.72M |
|
1155
CALL
Travelers Companies
TRV
$77.1B
| $21.8M | 0.01% |
201,500
-112,400
| -36% | -$12M |
|
|
CA
1156
CALL
DELISTED
CA, Inc.
CA
| $21.8M | 0.01% |
668,000
+15,400
| +2% | +$488K |
|
1157
PUT
Sherwin-Williams
SHW
$85.1B
| $21.7M | 0.01% |
228,900
-161,700
| -41% | -$15.1M |
|
|
RHT
1158
PUT
DELISTED
Red Hat Inc
RHT
| $21.7M | 0.01% |
286,500
+94,600
| +49% | +$6.41M |
|
1159
PUT
SM Energy
SM
$8.49B
| $21.7M | 0.01% |
419,400
-117,400
| -22% | -$5.1M |
|
1160
PUT
Hasbro
HAS
$13.6B
| $21.6M | 0.01% |
341,700
-23,100
| -6% | -$1.36M |
|
1161
PUT
Incyte
INCY
$26.3B
| $21.5M | 0.01% |
235,000
-117,100
| -33% | -$9.68M |
|
1162
Toyota
TM
$228B
| $21.5M | 0.01% |
153,930
-83,020
| -35% | -$11.1M |
|
1163
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $21.5M | 0.01% |
198,600
+128,900
| +185% | +$13.9M |
|
|
WWAV
1164
DELISTED
The WhiteWave Foods Company
WWAV
| $21.5M | 0.01% |
485,422
-45,092
| -8% | -$1.72M |
|
1165
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $21.5M | 0.01% |
790,800
+107,400
| +16% | +$3.02M |
|
1166
CALL
Hartford Financial Services
HIG
$37.4B
| $21.5M | 0.01% |
514,000
-230,100
| -31% | -$9.43M |
|
1167
PUT
PVH
PVH
$3.44B
| $21.5M | 0.01% |
201,400
+142,400
| +241% | +$15.4M |
|
|
ATVI
1168
PUT
DELISTED
Activision Blizzard
ATVI
| $21.5M | 0.01% |
944,200
-312,300
| -25% | -$6.84M |
|
1169
PUT
Check Point Software Technologies
CHKP
$13.2B
| $21.4M | 0.01% |
261,000
-54,100
| -17% | -$4.37M |
|
1170
Duke Energy
DUK
$94.8B
| $21.4M | 0.01% |
278,100
+109,144
| +65% | +$8.86M |
|
1171
CALL
Consolidated Edison
ED
$39.6B
| $21.4M | 0.01% |
350,000
+100,300
| +40% | +$6.51M |
|
|
JOY
1172
PUT
DELISTED
Joy Global Inc
JOY
| $21.3M | 0.01% |
544,500
-73,400
| -12% | -$3.11M |
|
|
BITA
1173
PUT
DELISTED
Bitauto Holdings Limited
BITA
| $21.3M | 0.01% |
419,000
+11,600
| +3% | +$710K |
|
|
NSM
1174
CALL
DELISTED
Nationstar Mortgage Holdings
NSM
| $21.3M | 0.01% |
859,200
+117,900
| +16% | +$3.24M |
|
|
KSU
1175
PUT
DELISTED
Kansas City Southern
KSU
| $21.3M | 0.01% |
208,300
+72,300
| +53% | +$8.19M |
|
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.