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 | |
|---|---|---|---|---|---|---|
1226
3D Systems Corp
DDD
$533M
| $19.9M | 0.01% |
727,114
-1,430,049
| -66% | -$42.1M |
|
1227
CALL
Novartis
NVS
$301B
| $19.9M | 0.01% |
225,097
+151,553
| +206% | +$13.4M |
|
1228
CALL
Goodyear
GT
$1.85B
| $19.9M | 0.01% |
734,200
-730,500
| -50% | -$19.1M |
|
1229
Invesco CurrencyShares Swiss Franc Trust
FXF
$383M
| $19.8M | 0.01% |
197,266
+156,392
| +383% | +$16M |
|
1230
Herbalife
HLF
$1.31B
| $19.8M | 0.01% |
924,442
+732,570
| +382% | +$12.5M |
|
1231
PUT
Motorola Solutions
MSI
$80.9B
| $19.7M | 0.01% |
296,000
-50,700
| -15% | -$3.35M |
|
1232
AutoZone
AZO
$48.8B
| $19.7M | 0.01% |
28,836
-17,037
| -37% | -$10.7M |
|
1233
BioMarin Pharmaceuticals
BMRN
$12.8B
| $19.6M | 0.01% |
157,600
+116,980
| +288% | +$12.4M |
|
1234
CALL
NewMarket
NEU
$8.49B
| $19.6M | 0.01% |
41,100
+18,100
| +79% | +$8.17M |
|
|
DWA
1235
PUT
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $19.6M | 0.01% |
811,200
+335,500
| +71% | +$7.14M |
|
|
WCG
1236
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $19.6M | 0.01% |
214,500
+147,100
| +218% | +$12.3M |
|
1237
CALL
Dick's Sporting Goods
DKS
$11.5B
| $19.6M | 0.01% |
344,100
+87,800
| +34% | +$4.81M |
|
|
CTRX
1238
CALL
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $19.6M | 0.01% |
329,000
-41,800
| -11% | -$2.13M |
|
1239
Healthpeak Properties
DOC
$14.9B
| $19.6M | 0.01% |
497,714
+252,728
| +103% | +$10.1M |
|
1240
Vanguard FTSE Emerging Markets ETF
VWO
$127B
| $19.6M | 0.01% |
479,093
-2,058,576
| -81% | -$83.7M |
|
1241
CALL
Labcorp
LH
$27.3B
| $19.6M | 0.01% |
180,653
+77,639
| +75% | +$7.98M |
|
1242
PUT
Agilent Technologies
A
$43.4B
| $19.6M | 0.01% |
470,600
-200,900
| -30% | -$8.13M |
|
1243
PUT
PTC Therapeutics
PTCT
$6.1B
| $19.5M | 0.01% |
320,800
+288,800
| +903% | +$17.6M |
|
|
MW
1244
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $19.4M | 0.01% |
372,400
+147,700
| +66% | +$7.17M |
|
1245
Northrop Grumman
NOC
$78.5B
| $19.4M | 0.01% |
120,561
+29,291
| +32% | +$4.68M |
|
1246
PUT
Annaly Capital Management
NLY
$17.3B
| $19.3M | 0.01% |
463,425
-236,075
| -34% | -$10M |
|
1247
PUT
US Bancorp
USB
$98.3B
| $19.3M | 0.01% |
441,300
-330,300
| -43% | -$14.5M |
|
|
PPL
1248
CALL
PPL Corp
PPL
$26.5B
| $19.2M | 0.01% |
613,915
+62,594
| +11% | +$2.01M |
|
1249
CALL
Regions Financial
RF
$26.3B
| $19.2M | 0.01% |
2,036,700
+1,533,500
| +305% | +$14.5M |
|
1250
CALL
Invesco
IVZ
$14.6B
| $19.2M | 0.01% |
483,800
+270,500
| +127% | +$10.6M |
|
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.