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 | |
|---|---|---|---|---|---|---|
126
Verizon
VZ
$205B
| $266M | 0.12% |
5,598,395
+3,360,104
| +150% | +$159M |
|
127
PUT
NRG Energy
NRG
$23.8B
| $266M | 0.12% |
8,356,900
+7,919,000
| +1,808% | +$227M |
|
128
CALL
Walmart Inc
WMT
$825B
| $266M | 0.12% |
10,424,400
+5,283,600
| +103% | +$133M |
|
129
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $264M | 0.12% |
5,862,200
+4,169,300
| +246% | +$171M |
|
130
CALL
Qualcomm
QCOM
$169B
| $263M | 0.12% |
3,331,600
-249,100
| -7% | -$18.8M |
|
131
Baidu
BIDU
$31.6B
| $263M | 0.12% |
1,723,795
+599,830
| +53% | +$100M |
|
132
CALL
Occidental Petroleum
OXY
$61.3B
| $259M | 0.12% |
2,836,561
+151,556
| +6% | +$13.5M |
|
133
CALL
US Bancorp
USB
$96.7B
| $257M | 0.12% |
6,005,800
-54,400
| -0.9% | -$2.24M |
|
134
Intel
INTC
$476B
| $255M | 0.12% |
9,864,269
-1,478,523
| -13% | -$36.9M |
|
135
PUT
EOG Resources
EOG
$80.3B
| $253M | 0.12% |
2,580,200
+858,400
| +50% | +$76.4M |
|
136
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $249M | 0.12% |
5,599,000
-1,111,600
| -17% | -$48M |
|
137
CALL
American International
AIG
$39.8B
| $247M | 0.11% |
4,947,500
-1,587,100
| -24% | -$78.9M |
|
|
138
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $246M | 0.11% |
981,300
+245,700
| +33% | +$60.2M |
|
|
APC
139
CALL
DELISTED
Anadarko Petroleum
APC
| $246M | 0.11% |
2,900,400
-83,100
| -3% | -$6.81M |
|
140
PUT
3D Systems Corp
DDD
$530M
| $245M | 0.11% |
4,146,500
+693,750
| +20% | +$51.7M |
|
141
CALL
SLB Ltd
SLB
$79.9B
| $242M | 0.11% |
2,480,800
+170,900
| +7% | +$15.5M |
|
142
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $239M | 0.11% |
10,092,000
+2,021,200
| +25% | +$44.7M |
|
143
Cisco
CSCO
$438B
| $239M | 0.11% |
10,651,463
-559,698
| -5% | -$12.4M |
|
144
PUT
Comcast
CMCSA
$95.3B
| $238M | 0.11% |
9,527,200
+6,401,400
| +205% | +$167M |
|
|
145
CALL
EOG Resources
EOG
$80.3B
| $238M | 0.11% |
2,427,000
+527,200
| +28% | +$46.9M |
|
146
Mastercard
MA
$509B
| $237M | 0.11% |
3,176,051
-1,738,229
| -35% | -$136M |
|
|
PXD
147
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $236M | 0.11% |
1,258,700
-236,900
| -16% | -$43.3M |
|
148
PUT
Petrobras
PBR
$123B
| $235M | 0.11% |
17,880,200
+10,891,500
| +156% | +$127M |
|
149
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $234M | 0.11% |
9,894,700
+650,500
| +7% | +$16M |
|
150
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $233M | 0.11% |
1,862,500
+230,000
| +14% | +$26.9M |
|
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.