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 | |
|---|---|---|---|---|---|---|
1326
CALL
SM Energy
SM
$8.41B
| $17.4M | 0.01% |
337,100
+12,600
| +4% | +$547K |
|
|
LVLT
1327
DELISTED
Level 3 Communications Inc
LVLT
| $17.4M | 0.01% |
323,576
+92,774
| +40% | +$4.84M |
|
|
NE
1328
CALL
DELISTED
Noble Corporation
NE
| $17.4M | 0.01% |
1,218,700
-507,700
| -29% | -$8.24M |
|
1329
PUT
Ciena
CIEN
$57.2B
| $17.4M | 0.01% |
901,200
-250,700
| -22% | -$5M |
|
1330
PUT
ProShares UltraPro QQQ
TQQQ
$35.5B
| $17.4M | 0.01% |
8,107,200
-14,808,000
| -65% | -$31.4M |
|
1331
PUT
Travel + Leisure Co
TNL
$4.51B
| $17.4M | 0.01% |
425,723
+207,545
| +95% | +$8.26M |
|
1332
CALL
Dillards
DDS
$9.87B
| $17.4M | 0.01% |
127,100
-217,900
| -63% | -$27.2M |
|
1333
PUT
KKR & Co
KKR
$97.4B
| $17.3M | 0.01% |
760,200
-355,300
| -32% | -$8.39M |
|
|
FSL
1334
PUT
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $17.3M | 0.01% |
425,300
+248,000
| +140% | +$8.54M |
|
|
ARUN
1335
CALL
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $17.3M | 0.01% |
706,100
-277,200
| -28% | -$5.58M |
|
|
RYL
1336
CALL
DELISTED
RYLAND GROUP INC
RYL
| $17.3M | 0.01% |
354,700
+4,000
| +1% | +$171K |
|
1337
Amgen
AMGN
$238B
| $17.3M | 0.01% |
108,114
-156,354
| -59% | -$24.6M |
|
1338
PUT
Waste Management
WM
$88.4B
| $17.3M | 0.01% |
318,300
+6,600
| +2% | +$351K |
|
1339
CALL
Pultegroup
PHM
$24.8B
| $17.3M | 0.01% |
776,100
-324,300
| -29% | -$7.06M |
|
|
SKX
1340
PUT
DELISTED
Skechers
SKX
| $17.3M | 0.01% |
719,700
+225,300
| +46% | +$4.85M |
|
1341
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$380M
| $17.2M | 0.01% |
40,646
+23,198
| +133% | +$11.5M |
|
1342
NiSource
NI
$19.7B
| $17.2M | 0.01% |
992,156
+816,365
| +464% | +$13.8M |
|
1343
PUT
Toronto Dominion Bank
TD
$197B
| $17.2M | 0.01% |
401,700
+214,200
| +114% | +$9.2M |
|
1344
CALL
Cirrus Logic
CRUS
$5.53B
| $17.2M | 0.01% |
517,400
-543,400
| -51% | -$15.8M |
|
|
BRSL
1345
Brightstar Lottery PLC
BRSL
$2.1B
| $17.2M | 0.01% |
986,906
-104,368
| -10% | -$1.82M |
|
1346
Salesforce
CRM
$168B
| $17.2M | 0.01% |
257,003
+52,890
| +26% | +$3.28M |
|
1347
CALL
Ross Stores
ROST
$75.8B
| $17.1M | 0.01% |
325,200
+91,200
| +39% | +$4.51M |
|
|
SNV
1348
DELISTED
Synovus
SNV
| $17.1M | 0.01% |
611,097
-21,633
| -3% | -$587K |
|
1349
TSMC
TSM
$2.17T
| $17.1M | 0.01% |
728,028
+587,574
| +418% | +$13.8M |
|
|
BLUE
1350
DELISTED
bluebird bio
BLUE
| $17M | 0.01% |
10,897
+7,916
| +266% | +$10.4M |
|
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.