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 |
Alphabet (Google) Class C
GOOG
|
+$769M |
| 2 |
Bank of America
BAC
|
+$569M |
| 3 |
Citigroup
C
|
+$440M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$356M |
| 5 |
Amazon
AMZN
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$483M |
| 3 |
SPDR Gold Trust
GLD
|
+$246M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$233M |
| 5 |
iShares Russell 2000 Growth ETF
IWO
|
+$202M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.44% |
| 2 | Financials | 2.28% |
| 3 | Consumer Discretionary | 1.87% |
| 4 | Communication Services | 1.75% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1326
CALL
Agnico Eagle Mines
AEM
$108B
| $18.6M | 0.01% |
614,400
-239,100
| -28% | -$7.49M |
|
|
TIF
1327
DELISTED
Tiffany & Co.
TIF
| $18.6M | 0.01% |
215,597
+119,716
| +125% | +$10.6M |
|
|
CHL
1328
CALL
DELISTED
China Mobile Limited
CHL
| $18.6M | 0.01% |
407,300
-28,100
| -6% | -$1.33M |
|
|
VIAB
1329
DELISTED
Viacom Inc. Class B
VIAB
| $18.6M | 0.01% |
218,445
-224,017
| -51% | -$19.1M |
|
1330
iShares 7-10 Year Treasury Bond ETF
IEF
$43.1B
| $18.6M | 0.01% |
182,422
-394,546
| -68% | -$40.1M |
|
1331
CALL
Cintas
CTAS
$82.3B
| $18.6M | 0.01% |
1,244,800
+157,200
| +14% | +$2.32M |
|
1332
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $18.5M | 0.01% |
568,879
+562,481
| +8,792% | +$18.3M |
|
1333
PUT
Canadian Pacific Kansas City
CP
$83.3B
| $18.5M | 0.01% |
614,500
+288,500
| +88% | +$8.76M |
|
|
P
1334
DELISTED
Pandora Media Inc
P
| $18.5M | 0.01% |
609,266
-39,990
| -6% | -$1.38M |
|
|
CRR
1335
PUT
DELISTED
Carbo Ceramics Inc.
CRR
| $18.5M | 0.01% |
133,800
-33,500
| -20% | -$3.96M |
|
1336
UnitedHealth
UNH
$360B
| $18.5M | 0.01% |
225,139
-478,497
| -68% | -$36M |
|
1337
CALL
Vanguard Real Estate ETF
VNQ
$39.1B
| $18.4M | 0.01% |
261,200
+128,600
| +97% | +$8.8M |
|
1338
Capri Holdings
CPRI
$1.55B
| $18.4M | 0.01% |
197,573
-255,275
| -56% | -$23.1M |
|
1339
PUT
Autodesk
ADSK
$53.8B
| $18.4M | 0.01% |
373,900
-90,100
| -19% | -$4.67M |
|
|
QIHU
1340
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $18.4M | 0.01% |
184,543
-112,960
| -38% | -$11.3M |
|
|
ZIONW
1341
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $18.4M | 0.01% |
2,846,798
| – | – |
|
1342
CALL
AerCap
AER
$23.6B
| $18.4M | 0.01% |
435,200
+185,100
| +74% | +$7.22M |
|
1343
CALL
Cracker Barrel
CBRL
$1.31B
| $18.4M | 0.01% |
188,800
+47,500
| +34% | +$4.79M |
|
1344
PUT
Trinity Industries
TRN
$2.35B
| $18.3M | 0.01% |
707,001
+468,371
| +196% | +$10.8M |
|
1345
PUT
Flotek Industries
FTK
$855M
| $18.3M | 0.01% |
109,633
+87,033
| +385% | +$12.2M |
|
1346
PUT
Jefferies Financial Group
JEF
$12.2B
| $18.3M | 0.01% |
729,708
+345,416
| +90% | +$8.52M |
|
1347
Public Service Enterprise Group
PEG
$36.9B
| $18.3M | 0.01% |
479,410
+335,592
| +233% | +$11.6M |
|
|
COV
1348
CALL
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $18.3M | 0.01% |
248,000
-185,300
| -43% | -$12.9M |
|
|
CZR
1349
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $18.3M | 0.01% |
960,700
-63,400
| -6% | -$1.46M |
|
1350
PUT
PRA Group
PRAA
$732M
| $18.2M | 0.01% |
315,100
-60,200
| -16% | -$3.23M |
|
Similar funds
Jeff Yass's Q1 2014 Portfolio in Review
As of Q1 2014, Jeff Yass held 10,124 positions worth $216B, down 0.37% from $217B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q1 2014 filing shows 1,198 new, 3,663 increased, 3,868 reduced and 1,303 closed positions. Its largest new stake was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M. The largest sale was Apple, an estimated $2.22B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- Jeff Yass's largest Q1 2014 buy was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M.
- Jeff Yass added most to Alphabet (Google) Class C in Q1 2014, an estimated $769M increase.
- Jeff Yass's biggest Q1 2014 reduction was Apple, cutting an estimated $2.22B.
- Jeff Yass fully exited Vodafone in Q1 2014, selling an estimated $54.1M.
- Jeff Yass's ten largest holdings make up 23% of its $216B portfolio in Q1 2014.
- Jeff Yass opened 1,198 new positions and closed 1,303 in Q1 2014.
- Jeff Yass's portfolio value fell 0.37% quarter-over-quarter to $216B.
Based on Susquehanna International Group's 13F filing for Q1 2014, filed 14 May 2014.