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 | |
|---|---|---|---|---|---|---|
|
AVP
1376
PUT
DELISTED
Avon Products, Inc.
AVP
| $16.5M | 0.01% |
2,070,800
+683,900
| +49% | +$5.68M |
|
1377
CALL
Pacira BioSciences
PCRX
$1.03B
| $16.5M | 0.01% |
186,200
+68,600
| +58% | +$6.96M |
|
1378
Altria Group
MO
$115B
| $16.5M | 0.01% |
330,731
-95,925
| -22% | -$5.09M |
|
1379
PUT
Advance Auto Parts
AAP
$2.66B
| $16.5M | 0.01% |
110,500
-13,900
| -11% | -$2.14M |
|
1380
PUT
iShares MSCI South Africa ETF
EZA
$595M
| $16.5M | 0.01% |
246,700
+222,300
| +911% | +$14.9M |
|
|
IOC
1381
CALL
DELISTED
Interoil Corporation
IOC
| $16.5M | 0.01% |
358,200
-66,500
| -16% | -$2.85M |
|
1382
PUT
Boston Beer
SAM
$1.91B
| $16.5M | 0.01% |
61,700
+39,600
| +179% | +$11.5M |
|
|
CYBR
1383
PUT
DELISTED
CyberArk
CYBR
| $16.4M | 0.01% |
295,800
+208,200
| +238% | +$9.82M |
|
1384
PUT
The Greenbrier Companies
GBX
$1.43B
| $16.4M | 0.01% |
282,900
-37,600
| -12% | -$2.08M |
|
1385
Cleveland-Cliffs
CLF
$6.58B
| $16.4M | 0.01% |
3,407,165
-743,466
| -18% | -$4.79M |
|
|
AXON
1386
Axon Enterprise
AXON
$49.4B
| $16.4M | 0.01% |
678,934
+82,658
| +14% | +$2.1M |
|
1387
PUT
JetBlue
JBLU
$1.88B
| $16.4M | 0.01% |
849,500
+141,600
| +20% | +$2.41M |
|
|
ETFC
1388
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $16.3M | 0.01% |
572,400
+29,600
| +5% | +$755K |
|
|
SAVE
1389
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $16.3M | 0.01% |
210,600
+65,200
| +45% | +$5M |
|
1390
PUT
Qorvo
QRVO
$8.39B
| $16.3M | 0.01% |
+204,400
| New | +$14.6M |
|
1391
Macerich
MAC
$6.86B
| $16.3M | 0.01% |
192,813
+88,351
| +85% | +$7.73M |
|
1392
CALL
Vanguard FTSE Europe ETF
VGK
$31.2B
| $16.2M | 0.01% |
299,500
-101,500
| -25% | -$5.47M |
|
|
HAR
1393
CALL
DELISTED
Harman International Industries
HAR
| $16.2M | 0.01% |
121,100
+70,900
| +141% | +$8.82M |
|
|
CEO
1394
DELISTED
CNOOC Limited
CEO
| $16.2M | 0.01% |
114,096
-74,689
| -40% | -$10.3M |
|
1395
Wolfspeed
WOLF
$1.4B
| $16.2M | 0.01% |
455,598
-702,386
| -61% | -$25.4M |
|
|
CS
1396
PUT
DELISTED
Credit Suisse Group
CS
| $16.1M | 0.01% |
598,000
+155,600
| +35% | +$3.71M |
|
1397
PUT
Healthpeak Properties
DOC
$14.9B
| $16.1M | 0.01% |
408,785
+366,732
| +872% | +$14.7M |
|
1398
Fluor
FLR
$6.96B
| $16.1M | 0.01% |
281,306
+119,091
| +73% | +$6.77M |
|
1399
PUT
ProShares UltraPro Short Dow 30
SDOW
$159M
| $16.1M | 0.01% |
3,185
-103
| -3% | -$531K |
|
1400
CALL
Targa Resources
TRGP
$63B
| $16.1M | 0.01% |
167,700
+150,800
| +892% | +$14.1M |
|
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.