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 | |
|---|---|---|---|---|---|---|
176
PUT
iShares US Real Estate ETF
IYR
$4.62B
| $206M | 0.1% |
3,043,600
+490,900
| +19% | +$32.6M |
|
177
Petrobras
PBR
$123B
| $205M | 0.1% |
15,610,437
+11,720,371
| +301% | +$137M |
|
178
CALL
Cisco
CSCO
$438B
| $204M | 0.09% |
9,085,800
-1,829,300
| -17% | -$40.4M |
|
179
CALL
eBay
EBAY
$46.3B
| $204M | 0.09% |
8,754,847
+748,677
| +9% | +$17.4M |
|
|
CELG
180
DELISTED
Celgene Corp
CELG
| $201M | 0.09% |
2,873,898
+1,227,782
| +75% | +$97.2M |
|
181
PUT
Walmart Inc
WMT
$825B
| $199M | 0.09% |
7,827,900
+608,400
| +8% | +$15.3M |
|
182
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $199M | 0.09% |
3,762,000
+1,102,400
| +41% | +$51M |
|
183
PUT
Transocean
RIG
$6.61B
| $198M | 0.09% |
4,794,000
+2,017,200
| +73% | +$87.7M |
|
184
CALL
Phillips 66
PSX
$96.9B
| $197M | 0.09% |
2,554,900
+74,200
| +3% | +$5.65M |
|
|
QIHU
185
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $196M | 0.09% |
1,965,100
+597,800
| +44% | +$59.6M |
|
186
PUT
Freeport-McMoran
FCX
$110B
| $195M | 0.09% |
5,897,000
-1,553,700
| -21% | -$51.7M |
|
187
PUT
Merck
MRK
$376B
| $193M | 0.09% |
3,564,877
-392,476
| -10% | -$20.3M |
|
|
AGN
188
CALL
DELISTED
Allergan plc
AGN
| $193M | 0.09% |
936,800
+695,800
| +289% | +$138M |
|
|
TWC
189
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $193M | 0.09% |
1,403,500
+63,200
| +5% | +$8.65M |
|
190
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $190M | 0.09% |
4,019,800
+1,962,100
| +95% | +$93.4M |
|
191
PUT
Blackstone
BX
$108B
| $189M | 0.09% |
5,806,670
+842,713
| +17% | +$26.9M |
|
192
CALL
Bristol-Myers Squibb
BMY
$137B
| $187M | 0.09% |
3,599,300
+828,200
| +30% | +$44.1M |
|
193
PUT
Amgen
AMGN
$238B
| $187M | 0.09% |
1,514,300
-237,300
| -14% | -$28.8M |
|
194
PUT
Yelp
YELP
$1.27B
| $185M | 0.09% |
2,404,000
+1,352,000
| +129% | +$114M |
|
195
PUT
Qualcomm
QCOM
$169B
| $185M | 0.09% |
2,343,800
+565,700
| +32% | +$42.6M |
|
196
CALL
Bausch Health
BHC
$2.41B
| $184M | 0.09% |
1,395,300
-38,000
| -3% | -$5.2M |
|
197
PUT
Union Pacific
UNP
$183B
| $183M | 0.08% |
1,950,400
-121,400
| -6% | -$10.8M |
|
198
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.37B
| $183M | 0.08% |
4,679,600
+2,288,800
| +96% | +$87.6M |
|
199
CALL
lululemon athletica
LULU
$13.7B
| $182M | 0.08% |
3,459,100
+1,453,700
| +72% | +$72.5M |
|
|
SNDK
200
CALL
DELISTED
SANDISK CORP
SNDK
| $180M | 0.08% |
2,222,400
+771,600
| +53% | +$56.9M |
|
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.