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 | |
|---|---|---|---|---|---|---|
1676
Analog Devices
ADI
$180B
| $13.2M | 0.01% |
247,991
+74,136
| +43% | +$3.74M |
|
|
PPLI
1677
CALL
People Inc
PPLI
$2.92B
| $13.2M | 0.01% |
1,032,912
-1,323,874
| -56% | -$17M |
|
|
XEC
1678
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $13.2M | 0.01% |
110,600
-42,400
| -28% | -$4.55M |
|
1679
PUT
DaVita
DVA
$11.5B
| $13.1M | 0.01% |
190,800
-174,600
| -48% | -$11.6M |
|
1680
CALL
Toyota
TM
$227B
| $13.1M | 0.01% |
116,300
-77,100
| -40% | -$8.9M |
|
1681
Delta Air Lines
DAL
$54.6B
| $13.1M | 0.01% |
378,196
-423,115
| -53% | -$13.6M |
|
|
MFA
1682
MFA Financial
MFA
$890M
| $13.1M | 0.01% |
422,474
+115,205
| +37% | +$3.47M |
|
1683
Zimmer Biomet
ZBH
$19.3B
| $13.1M | 0.01% |
142,602
+4,604
| +3% | +$424K |
|
1684
PUT
Boston Properties
BXP
$11.2B
| $13.1M | 0.01% |
114,300
+300
| +0.3% | +$32.7K |
|
1685
PUT
Crocs
CROX
$5.93B
| $13.1M | 0.01% |
838,000
+448,300
| +115% | +$6.86M |
|
1686
CALL
Strategy Inc
MSTR
$48.9B
| $13.1M | 0.01% |
1,132,000
-168,000
| -13% | -$2.1M |
|
|
MJN
1687
CALL
DELISTED
Mead Johnson Nutrition Company
MJN
| $13.1M | 0.01% |
157,100
+64,600
| +70% | +$5.24M |
|
|
AKS
1688
PUT
DELISTED
AK Steel Holding Corp
AKS
| $13M | 0.01% |
1,807,000
-1,816,500
| -50% | -$12.3M |
|
1689
PUT
Five Below
FIVE
$14.2B
| $13M | 0.01% |
307,100
+214,900
| +233% | +$8.25M |
|
|
BID
1690
PUT
DELISTED
Sotheby's
BID
| $13M | 0.01% |
299,300
-428,300
| -59% | -$20.5M |
|
|
VALE.P
1691
DELISTED
Vale S A
VALE.P
| $13M | 0.01% |
1,044,130
+225,202
| +27% | +$2.76M |
|
|
OSG
1692
PUT
Octave Specialty Group
OSG
$207M
| $13M | 0.01% |
417,900
-273,500
| -40% | -$7.55M |
|
1693
CALL
Royal Bank of Canada
RY
$288B
| $13M | 0.01% |
196,400
+6,300
| +3% | +$407K |
|
1694
Idexx Laboratories
IDXX
$43.6B
| $13M | 0.01% |
213,474
+22,288
| +12% | +$1.33M |
|
1695
Carnival Corporation Ltd
CCL
$35B
| $12.9M | 0.01% |
341,696
-278,778
| -45% | -$11.1M |
|
1696
PUT
Toll Brothers
TOL
$13.7B
| $12.9M | 0.01% |
359,900
-270,600
| -43% | -$9.96M |
|
|
MIC
1697
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $12.9M | 0.01% |
225,500
+122,000
| +118% | +$6.67M |
|
|
CRZO
1698
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $12.9M | 0.01% |
241,056
-20,879
| -8% | -$958K |
|
1699
CALL
VeriSign
VRSN
$26.5B
| $12.9M | 0.01% |
238,500
-109,700
| -32% | -$6.21M |
|
1700
American Eagle Outfitters
AEO
$2.95B
| $12.8M | 0.01% |
1,049,830
-210,299
| -17% | -$2.9M |
|
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.