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 | |
|---|---|---|---|---|---|---|
1351
PUT
Bank of Montreal
BMO
$121B
| $17M | 0.01% |
284,000
+257,600
| +976% | +$16M |
|
1352
CALL
Intuit
INTU
$94.6B
| $17M | 0.01% |
175,500
-85,300
| -33% | -$7.92M |
|
1353
CALL
Pilgrim's Pride
PPC
$7.45B
| $17M | 0.01% |
751,600
+640,700
| +578% | +$18.2M |
|
1354
PUT
AstraZeneca
AZN
$258B
| $17M | 0.01% |
248,100
-453,700
| -65% | -$31.5M |
|
|
JOY
1355
CALL
DELISTED
Joy Global Inc
JOY
| $17M | 0.01% |
433,100
-68,800
| -14% | -$2.92M |
|
|
SPWR
1356
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $17M | 0.01% |
827,329
-1,283,596
| -61% | -$24.2M |
|
1357
CALL
Fastenal
FAST
$58.7B
| $17M | 0.01% |
1,636,800
-542,400
| -25% | -$5.86M |
|
|
1358
PUT
Fastenal
FAST
$58.7B
| $16.9M | 0.01% |
1,635,600
-201,600
| -11% | -$2.18M |
|
|
MTEM
1359
DELISTED
Molecular Templates, Inc.
MTEM
| $16.9M | 0.01% |
25,270
+24,465
| +3,039% | +$16.1M |
|
1360
PUT
Pacira BioSciences
PCRX
$1.03B
| $16.9M | 0.01% |
190,400
+112,600
| +145% | +$11.4M |
|
1361
PUT
Rockwell Automation
ROK
$47.9B
| $16.9M | 0.01% |
145,700
+92,500
| +174% | +$10.4M |
|
1362
CALL
Lincoln National
LNC
$8.29B
| $16.9M | 0.01% |
293,700
-25,000
| -8% | -$1.4M |
|
1363
CALL
IMAX
IMAX
$2.89B
| $16.8M | 0.01% |
499,600
-79,700
| -14% | -$2.65M |
|
1364
Cognizant
CTSH
$28B
| $16.8M | 0.01% |
269,884
-160,146
| -37% | -$9.44M |
|
1365
CALL
Lam Research
LRCX
$392B
| $16.8M | 0.01% |
2,390,000
+791,000
| +49% | +$6.25M |
|
|
SCHW
1366
PUT
Charles Schwab
SCHW
$189B
| $16.8M | 0.01% |
551,200
+250,600
| +83% | +$7.26M |
|
|
JOYY
1367
JOYY Inc
JOYY
$3.77B
| $16.8M | 0.01% |
307,438
+94,391
| +44% | +$5.87M |
|
|
EXAS
1368
CALL
DELISTED
Exact Sciences
EXAS
| $16.8M | 0.01% |
760,800
-227,300
| -23% | -$5.77M |
|
1369
CALL
Canadian Imperial Bank of Commerce
CM
$108B
| $16.7M | 0.01% |
460,800
+403,381
| +703% | +$15M |
|
1370
CALL
CNX Resources
CNX
$5.33B
| $16.7M | 0.01% |
718,200
-884,400
| -55% | -$22.5M |
|
1371
D.R. Horton
DHI
$41.7B
| $16.7M | 0.01% |
585,104
+489,141
| +510% | +$12.7M |
|
|
JCP
1372
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $16.6M | 0.01% |
1,972,000
-736,400
| -27% | -$5.73M |
|
1373
PUT
Avis
CAR
$5.09B
| $16.6M | 0.01% |
280,900
-357,400
| -56% | -$21.8M |
|
|
GWPH
1374
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $16.6M | 0.01% |
181,900
-23,600
| -11% | -$1.92M |
|
1375
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.05B
| $16.6M | 0.01% |
405,500
-173,500
| -30% | -$6.85M |
|
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.