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 | Miscellaneous | 85.99% |
| 2 | Technology | 2.44% |
| 3 | Financials | 2.28% |
| 4 | Consumer Discretionary | 1.87% |
| 5 | Communication Services | 1.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
CALL
Commault Systems
CVLT
$5.85B
| $11M | 0.01% |
168,800
+127,800
| +312% | +$8.84M |
|
1902
PUT
Sinclair Inc
SBGI
$1.03B
| $10.9M | 0.01% |
404,000
+380,800
| +1,641% | +$11.3M |
|
|
GRMN
1903
PUT
Garmin
GRMN
$56B
| $10.9M | 0.01% |
198,000
-491,300
| -71% | -$24.3M |
|
1904
KeyCorp
KEY
$23.5B
| $10.9M | 0.01% |
767,955
-154,096
| -17% | -$2.06M |
|
|
EXXI
1905
PUT
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $10.9M | 0.01% |
463,800
-200,100
| -30% | -$4.7M |
|
1906
KKR & Co
KKR
$98.5B
| $10.9M | 0.01% |
478,149
+308,569
| +182% | +$7.47M |
|
|
ACI
1907
CALL
DELISTED
ARCH COAL, INC.
ACI
| $10.9M | 0.01% |
226,570
+91,040
| +67% | +$3.9M |
|
1908
PUT
Plains All American Pipeline
PAA
$18B
| $10.9M | 0.01% |
198,000
-4,800
| -2% | -$252K |
|
1909
CALL
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.7B
| $10.9M | 0.01% |
200,000
| – | – |
|
|
SLCA
1910
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $10.9M | 0.01% |
284,800
+90,500
| +47% | +$2.91M |
|
|
EVEP
1911
CALL
DELISTED
EV Energy Partners, L.P.
EVEP
| $10.9M | 0.01% |
324,400
+204,200
| +170% | +$7.03M |
|
1912
CALL
W.P. Carey
WPC
$16.1B
| $10.8M | 0.01% |
184,393
+28,282
| +18% | +$1.71M |
|
|
FIO
1913
DELISTED
FUSION-IO INC COM
FIO
| $10.8M | 0.01% |
1,030,853
-832,799
| -45% | -$8.81M |
|
1914
Waters Corp
WAT
$41.7B
| $10.8M | 0.01% |
99,650
+64,979
| +187% | +$7.04M |
|
1915
CALL
Reinsurance Group of America
RGA
$16.1B
| $10.8M | 0.01% |
135,500
-275,600
| -67% | -$20.9M |
|
|
DNR
1916
CALL
DELISTED
Denbury Resources, Inc.
DNR
| $10.8M | 0.01% |
657,000
+61,600
| +10% | +$1M |
|
|
BCR
1917
CALL
DELISTED
CR Bard Inc.
BCR
| $10.8M | 0.01% |
72,700
+58,600
| +416% | +$8.11M |
|
1918
LyondellBasell Industries
LYB
$20.3B
| $10.8M | 0.01% |
120,888
-4,190
| -3% | -$353K |
|
1919
CALL
Pan American Silver
PAAS
$22.6B
| $10.7M | 0.01% |
835,100
+145,600
| +21% | +$1.95M |
|
1920
PUT
Cracker Barrel
CBRL
$1.25B
| $10.7M | 0.01% |
110,500
+52,300
| +90% | +$5.27M |
|
1921
Amdocs
DOX
$6.63B
| $10.7M | 0.01% |
231,250
-18,068
| -7% | -$790K |
|
1922
Entergy
ETR
$49.7B
| $10.7M | 0.01% |
321,064
-102,248
| -24% | -$3.23M |
|
|
1923
CALL
KKR & Co
KKR
$98.5B
| $10.7M | 0.01% |
468,800
-282,000
| -38% | -$6.83M |
|
|
TTM
1924
CALL
DELISTED
Tata Motors Limited
TTM
| $10.7M | 0.01% |
301,700
+155,700
| +107% | +$4.92M |
|
|
MIC
1925
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $10.7M | ﹤0.01% |
186,400
+164,700
| +759% | +$9.01M |
|
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 Miscellaneous at 86% of assets, up from 86% a quarter earlier, followed by Technology and Financials.
- 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.