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 | |
|---|---|---|---|---|---|---|
1176
United Airlines
UAL
$37.6B
| $21.2M | 0.01% |
315,063
-564,908
| -64% | -$38.3M |
|
1177
PUT
Vanguard Real Estate ETF
VNQ
$39.2B
| $21.2M | 0.01% |
251,300
-192,400
| -43% | -$16.3M |
|
1178
Corning
GLW
$131B
| $21.1M | 0.01% |
928,849
+56,517
| +6% | +$1.34M |
|
1179
Cigna
CI
$74.6B
| $21M | 0.01% |
162,445
+49,443
| +44% | +$5.75M |
|
1180
CALL
State Street
STT
$53.2B
| $21M | 0.01% |
285,600
+46,300
| +19% | +$3.47M |
|
|
LFC
1181
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $21M | 0.01% |
953,100
+489,600
| +106% | +$9.99M |
|
1182
CALL
Toll Brothers
TOL
$13.8B
| $21M | 0.01% |
533,100
-349,600
| -40% | -$12.8M |
|
1183
CALL
Gogo Inc
GOGO
$386M
| $20.9M | 0.01% |
1,099,000
+611,800
| +126% | +$10.4M |
|
1184
PUT
Kohl's
KSS
$2.02B
| $20.9M | 0.01% |
267,600
-44,900
| -14% | -$3.06M |
|
1185
PUT
Fidelity National Financial
FNF
$12.7B
| $20.9M | 0.01% |
819,300
+707,525
| +633% | +$17.8M |
|
|
TSRO
1186
CALL
DELISTED
TESARO, Inc.
TSRO
| $20.9M | 0.01% |
364,200
+346,800
| +1,993% | +$16.3M |
|
|
XLNX
1187
DELISTED
Xilinx Inc
XLNX
| $20.8M | 0.01% |
492,289
+404,449
| +460% | +$16.6M |
|
|
TRW
1188
PUT
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $20.8M | 0.01% |
198,100
-17,200
| -8% | -$1.79M |
|
|
OKS
1189
CALL
DELISTED
Oneok Partners LP
OKS
| $20.8M | 0.01% |
508,500
+388,200
| +323% | +$16.2M |
|
1190
CALL
Royal Gold
RGLD
$22.6B
| $20.7M | 0.01% |
327,900
-325,400
| -50% | -$22.4M |
|
|
ETP
1191
DELISTED
Energy Transfer Partners L.p.
ETP
| $20.7M | 0.01% |
371,019
+97,846
| +36% | +$5.8M |
|
|
TPCO
1192
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $20.7M | 0.01% |
1,066,050
-14,047
| -1% | -$284K |
|
1193
Workday
WDAY
$47.1B
| $20.7M | 0.01% |
244,807
+58,002
| +31% | +$4.9M |
|
1194
PUT
Copa Holdings
CPA
$6.04B
| $20.7M | 0.01% |
204,600
-72,000
| -26% | -$7.81M |
|
|
ONIT
1195
PUT
Onity Group
ONIT
$288M
| $20.7M | 0.01% |
166,920
+14,560
| +10% | +$1.95M |
|
1196
PUT
Cirrus Logic
CRUS
$5.57B
| $20.6M | 0.01% |
620,000
-305,300
| -33% | -$8.86M |
|
1197
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $20.6M | 0.01% |
422,812
-344,924
| -45% | -$16.9M |
|
|
SHPG
1198
DELISTED
Shire pic
SHPG
| $20.6M | 0.01% |
86,096
-470,116
| -85% | -$108M |
|
1199
PUT
Puma Biotechnology
PBYI
$470M
| $20.6M | 0.01% |
87,100
-91,100
| -51% | -$19.5M |
|
1200
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $20.5M | 0.01% |
901,201
-470,787
| -34% | -$11M |
|
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.