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 | |
|---|---|---|---|---|---|---|
|
INVN
1601
DELISTED
Invensense Inc
INVN
| $13M | 0.01% |
855,065
+453,017
| +113% | +$7.13M |
|
1602
PUT
Jack in the Box
JACK
$316M
| $13M | 0.01% |
135,200
+102,700
| +316% | +$9.31M |
|
1603
PUT
Direxion Daily Real Estate Bear 3X ETF
DRV
$25.6M
| $13M | 0.01% |
12,130
-576
| -5% | -$635K |
|
|
JNPR
1604
PUT
DELISTED
Juniper Networks
JNPR
| $13M | 0.01% |
574,000
-361,400
| -39% | -$8.34M |
|
|
LLL
1605
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $13M | 0.01% |
103,000
-19,700
| -16% | -$2.51M |
|
1606
JetBlue
JBLU
$1.88B
| $12.9M | 0.01% |
672,674
-31,840
| -5% | -$542K |
|
1607
State Street Materials Select Sector SPDR ETF
XLB
$8.9B
| $12.9M | 0.01% |
530,266
-843,420
| -61% | -$20.9M |
|
1608
PUT
Crown Castle
CCI
$32.1B
| $12.9M | 0.01% |
156,500
+34,000
| +28% | +$2.9M |
|
1609
CALL
TSMC
TSM
$2.17T
| $12.9M | 0.01% |
548,600
+212,200
| +63% | +$5M |
|
1610
Vanguard Morningstar Growth ETF
VUG
$225B
| $12.9M | 0.01% |
+737,850
| New | +$13.1M |
|
|
SAVE
1611
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $12.8M | 0.01% |
165,400
-458,100
| -73% | -$35.1M |
|
|
AXON
1612
PUT
Axon Enterprise
AXON
$49.4B
| $12.8M | 0.01% |
529,800
+20,500
| +4% | +$521K |
|
|
DISCK
1613
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $12.7M | 0.01% |
431,015
+324,833
| +306% | +$9.82M |
|
|
KITE
1614
PUT
DELISTED
Kite Pharma, Inc.
KITE
| $12.7M | 0.01% |
220,000
+165,100
| +301% | +$11.1M |
|
1615
CALL
Acadia Pharmaceuticals
ACAD
$5.1B
| $12.7M | 0.01% |
389,300
+83,000
| +27% | +$2.85M |
|
1616
CALL
Prologis
PLD
$136B
| $12.7M | 0.01% |
291,200
+24,800
| +9% | +$1.09M |
|
1617
PUT
Alaska Air
ALK
$4.8B
| $12.7M | 0.01% |
191,400
-95,200
| -33% | -$6.18M |
|
1618
CALL
Tower Semiconductor
TSEM
$25B
| $12.7M | 0.01% |
745,600
+397,300
| +114% | +$6.09M |
|
|
ALTR
1619
PUT
DELISTED
Altera Corp
ALTR
| $12.6M | 0.01% |
294,600
+122,000
| +71% | +$4.36M |
|
1620
Intercontinental Exchange
ICE
$90.9B
| $12.6M | 0.01% |
270,880
+50,285
| +23% | +$2.27M |
|
|
DD
1621
DELISTED
Du Pont De Nemours E I
DD
| $12.6M | 0.01% |
186,145
-198,228
| -52% | -$14.1M |
|
1622
PUT
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.66B
| $12.6M | 0.01% |
264,500
+224,000
| +553% | +$10.6M |
|
|
BITA
1623
CALL
DELISTED
Bitauto Holdings Limited
BITA
| $12.6M | 0.01% |
248,100
-65,600
| -21% | -$4.01M |
|
1624
Whirlpool
WHR
$2.62B
| $12.6M | 0.01% |
62,447
-21,495
| -26% | -$4.37M |
|
1625
Advanced Micro Devices
AMD
$785B
| $12.6M | 0.01% |
4,700,530
-9,919,109
| -68% | -$27.9M |
|
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.