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 | |
|---|---|---|---|---|---|---|
151
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $230M | 0.11% |
767,300
+165,300
| +27% | +$50.9M |
|
152
iShares US Real Estate ETF
IYR
$4.62B
| $229M | 0.11% |
3,378,776
+3,103,918
| +1,129% | +$206M |
|
|
APC
153
PUT
DELISTED
Anadarko Petroleum
APC
| $228M | 0.11% |
2,694,500
+518,800
| +24% | +$42.5M |
|
154
Meta Platforms (Facebook)
META
$1.4T
| $228M | 0.11% |
3,777,860
+2,864,430
| +314% | +$182M |
|
|
155
CALL
Bank of America
BAC
$431B
| $226M | 0.1% |
13,160,600
+4,271,600
| +48% | +$71.9M |
|
156
PUT
Las Vegas Sands
LVS
$30.5B
| $225M | 0.1% |
2,787,000
+181,500
| +7% | +$14.6M |
|
157
PUT
PepsiCo
PEP
$196B
| $224M | 0.1% |
2,676,800
+1,183,900
| +79% | +$96.1M |
|
158
PUT
Salesforce
CRM
$171B
| $222M | 0.1% |
3,885,700
+1,641,800
| +73% | +$98.2M |
|
159
PUT
Herbalife
HLF
$1.33B
| $221M | 0.1% |
7,719,400
-4,257,400
| -36% | -$141M |
|
160
CALL
First Solar
FSLR
$23B
| $221M | 0.1% |
3,165,300
+416,900
| +15% | +$23.2M |
|
161
Coca-Cola
KO
$392B
| $219M | 0.1% |
5,668,833
+3,214,234
| +131% | +$124M |
|
162
PUT
Wells Fargo
WFC
$254B
| $218M | 0.1% |
4,392,200
-664,500
| -13% | -$31M |
|
163
CALL
Caterpillar
CAT
$381B
| $218M | 0.1% |
2,196,800
+610,700
| +39% | +$57.6M |
|
164
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $218M | 0.1% |
2,312,700
+621,800
| +37% | +$58.3M |
|
165
PUT
Pfizer
PFE
$160B
| $218M | 0.1% |
7,145,909
+1,066,859
| +18% | +$31.8M |
|
166
CALL
Boeing
BA
$169B
| $217M | 0.1% |
1,727,400
-478,000
| -22% | -$62.3M |
|
167
CALL
Comcast
CMCSA
$95.3B
| $217M | 0.1% |
8,662,200
-326,000
| -4% | -$8.49M |
|
168
PUT
eBay
EBAY
$46.3B
| $217M | 0.1% |
9,315,821
+2,026,253
| +28% | +$47.1M |
|
|
169
CALL
Pfizer
PFE
$160B
| $212M | 0.1% |
6,961,354
+483,154
| +7% | +$14.4M |
|
170
CALL
GE Aerospace
GE
$361B
| $209M | 0.1% |
1,685,259
-8,785
| -0.5% | -$1.09M |
|
|
171
Comcast
CMCSA
$95.3B
| $208M | 0.1% |
8,336,322
+5,904,582
| +243% | +$154M |
|
|
172
eBay
EBAY
$46.3B
| $208M | 0.1% |
8,936,423
+2,416,095
| +37% | +$56.1M |
|
173
CALL
Oracle
ORCL
$422B
| $207M | 0.1% |
5,071,000
-271,300
| -5% | -$10.3M |
|
174
CALL
Merck
MRK
$376B
| $207M | 0.1% |
3,827,610
-1,365,859
| -26% | -$70.7M |
|
175
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $207M | 0.1% |
3,062,800
-4,258,700
| -58% | -$304M |
|
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.