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 | |
|---|---|---|---|---|---|---|
1501
CALL
Aptiv
APTV
$9.61B
| $14.4M | 0.01% |
181,100
-37,000
| -17% | -$2.78M |
|
|
CTB
1502
CALL
DELISTED
Cooper Tire & Rubber Co.
CTB
| $14.4M | 0.01% |
336,900
+230,900
| +218% | +$8.53M |
|
1503
CALL
Hershey
HSY
$37.2B
| $14.4M | 0.01% |
142,900
+66,500
| +87% | +$6.94M |
|
1504
Sherwin-Williams
SHW
$84.6B
| $14.4M | 0.01% |
151,935
-81,306
| -35% | -$7.58M |
|
|
SDRL
1505
CALL
DELISTED
Seadrill Limited Common Stock
SDRL
| $14.4M | 0.01% |
5,747
-1,176
| -17% | -$3.41M |
|
1506
PUT
Thermo Fisher Scientific
TMO
$234B
| $14.4M | 0.01% |
107,100
-94,600
| -47% | -$12.2M |
|
1507
PUT
Lumen
LUMN
$6.28B
| $14.4M | 0.01% |
416,000
-207,500
| -33% | -$7.75M |
|
|
KING
1508
CALL
DELISTED
KING DIGITAL ENTMT PLC ORD SHS (IRL)
KING
| $14.4M | 0.01% |
896,100
+384,800
| +75% | +$5.56M |
|
|
K
1509
PUT
DELISTED
Kellanova
K
| $14.4M | 0.01% |
231,957
-227,484
| -50% | -$13.9M |
|
1510
CALL
El Pollo Loco
LOCO
$476M
| $14.3M | 0.01% |
559,400
-130,800
| -19% | -$3.26M |
|
|
KCG
1511
CALL
DELISTED
KCG Holdings, Inc.
KCG
| $14.3M | 0.01% |
1,166,400
+98,900
| +9% | +$1.22M |
|
1512
CALL
Travere Therapeutics
TVTX
$6.33B
| $14.3M | 0.01% |
596,600
+498,800
| +510% | +$7.61M |
|
|
PCYC
1513
DELISTED
PHARMACYCLICS INC
PCYC
| $14.3M | 0.01% |
55,785
-149,560
| -73% | -$28.9M |
|
1514
CALL
ProShares Ultra QQQ
QLD
$13.8B
| $14.2M | 0.01% |
3,177,600
+1,177,600
| +59% | +$5.19M |
|
1515
Cirrus Logic
CRUS
$5.53B
| $14.2M | 0.01% |
425,559
-186,965
| -31% | -$5.43M |
|
|
JWN
1516
CALL
DELISTED
Nordstrom
JWN
| $14.2M | 0.01% |
176,200
-72,800
| -29% | -$5.76M |
|
1517
PUT
CarMax
KMX
$9.06B
| $14.1M | 0.01% |
205,000
-125,200
| -38% | -$8.16M |
|
1518
CALL
Packaging Corp of America
PKG
$22B
| $14.1M | 0.01% |
180,800
+47,000
| +35% | +$3.73M |
|
1519
CALL
Genuine Parts
GPC
$19.2B
| $14.1M | 0.01% |
151,400
+58,500
| +63% | +$5.64M |
|
1520
Sysco
SYY
$39.9B
| $14.1M | 0.01% |
373,244
+198,180
| +113% | +$7.81M |
|
|
FMI
1521
PUT
DELISTED
Foundation Medicine, Inc.
FMI
| $14.1M | 0.01% |
292,100
+178,200
| +156% | +$8.08M |
|
1522
PUT
iShares MSCI Spain ETF
EWP
$2.26B
| $14M | 0.01% |
403,800
-101,500
| -20% | -$3.42M |
|
1523
iShares Russell 3000 ETF
IWV
$20.2B
| $14M | 0.01% |
113,155
+87,236
| +337% | +$10.7M |
|
1524
PUT
HDFC Bank
HDB
$119B
| $14M | 0.01% |
951,600
+277,200
| +41% | +$4.05M |
|
1525
CALL
CDW
CDW
$17.7B
| $14M | 0.01% |
376,100
+356,900
| +1,859% | +$13M |
|
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.