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 | |
|---|---|---|---|---|---|---|
1201
CALL
Nu Skin
NUS
$238M
| $20.5M | 0.01% |
340,500
-438,400
| -56% | -$22.3M |
|
1202
CALL
MGIC Investment
MTG
$6.42B
| $20.5M | 0.01% |
2,128,300
-3,821,600
| -64% | -$35M |
|
1203
PUT
Cboe Global Markets
CBOE
$32.2B
| $20.5M | 0.01% |
356,700
+188,300
| +112% | +$11.7M |
|
1204
CALL
State Street Technology Select Sector SPDR ETF
XLK
$119B
| $20.5M | 0.01% |
987,400
+506,400
| +105% | +$10.6M |
|
1205
CALL
Veeva Systems
VEEV
$39.9B
| $20.4M | 0.01% |
799,600
-42,700
| -5% | -$1.2M |
|
1206
CALL
Vornado Realty Trust
VNO
$7.38B
| $20.4M | 0.01% |
224,887
+112,942
| +101% | +$10.1M |
|
1207
CALL
Hasbro
HAS
$13.7B
| $20.3M | 0.01% |
321,500
+34,800
| +12% | +$2.04M |
|
1208
CALL
Royal Bank of Canada
RY
$288B
| $20.3M | 0.01% |
336,500
+232,400
| +223% | +$14.3M |
|
1209
PUT
Ashland
ASH
$3.38B
| $20.3M | 0.01% |
325,814
-1,158,948
| -78% | -$70.2M |
|
1210
PUT
Axos Financial
AX
$5.59B
| $20.3M | 0.01% |
872,000
+278,000
| +47% | +$6.11M |
|
1211
CALL
The Mosaic Company
MOS
$7.77B
| $20.3M | 0.01% |
440,100
-698,700
| -61% | -$34.1M |
|
|
CEO
1212
CALL
DELISTED
CNOOC Limited
CEO
| $20.2M | 0.01% |
142,700
+88,500
| +163% | +$12.2M |
|
|
OIL
1213
DELISTED
Barclays Bank PLC iPath Exchange Traded Notes Linked to Goldman Sachs Crude Oil Total Return In
OIL
| $20.2M | 0.01% |
2,007,026
+1,883,126
| +1,520% | +$20.4M |
|
|
MXIM
1214
CALL
DELISTED
Maxim Integrated Products
MXIM
| $20.1M | 0.01% |
578,800
+242,800
| +72% | +$8.29M |
|
1215
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $20.1M | 0.01% |
106,400
+27,000
| +34% | +$5.11M |
|
|
PX
1216
PUT
DELISTED
Praxair Inc
PX
| $20.1M | 0.01% |
+166,500
| New | +$20.8M |
|
|
CHL
1217
PUT
DELISTED
China Mobile Limited
CHL
| $20.1M | 0.01% |
308,900
-610,300
| -66% | -$39.8M |
|
1218
First Trust United Kingdom AlphaDEX Fund
FKU
$40.5M
| $20.1M | 0.01% |
496,761
+420,225
| +549% | +$17M |
|
1219
CALL
Teck Resources
TECK
$35B
| $20.1M | 0.01% |
1,461,500
+1,093,900
| +298% | +$15.4M |
|
1220
PUT
Fossil Group
FOSL
$325M
| $20.1M | 0.01% |
243,300
-85,600
| -26% | -$7.88M |
|
1221
CALL
Signet Jewelers
SIG
$3.28B
| $20.1M | 0.01% |
144,500
+53,100
| +58% | +$6.58M |
|
1222
Novavax
NVAX
$1.53B
| $20M | 0.01% |
120,948
+98,111
| +430% | +$15.9M |
|
1223
Under Armour
UAA
$2.22B
| $20M | 0.01% |
495,426
-1,356,908
| -73% | -$49.9M |
|
1224
PUT
Advanced Micro Devices
AMD
$788B
| $20M | 0.01% |
7,458,700
-4,647,900
| -38% | -$13.1M |
|
|
HZNP
1225
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $20M | 0.01% |
768,800
+359,700
| +88% | +$6.59M |
|
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.