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 | |
|---|---|---|---|---|---|---|
176
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $218M | 0.1% |
2,406,600
-449,000
| -16% | -$40.6M |
|
177
CALL
iShares Silver Trust
SLV
$33.8B
| $218M | 0.1% |
13,637,100
+4,954,300
| +57% | +$79.3M |
|
178
PUT
3M
MMM
$92.3B
| $215M | 0.1% |
1,561,139
+57,767
| +4% | +$7.96M |
|
179
Meta Platforms (Facebook)
META
$1.4T
| $214M | 0.1% |
2,608,704
-47,691
| -2% | -$3.74M |
|
180
PUT
Amgen
AMGN
$238B
| $214M | 0.1% |
1,336,800
-961,400
| -42% | -$151M |
|
|
VXX
181
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $213M | 0.1% |
520,325
-698,825
| -57% | -$339M |
|
182
PUT
Union Pacific
UNP
$183B
| $212M | 0.1% |
1,960,500
-526,300
| -21% | -$61.8M |
|
|
SNDK
183
PUT
DELISTED
SANDISK CORP
SNDK
| $211M | 0.1% |
3,314,300
+1,883,900
| +132% | +$153M |
|
184
Microsoft
MSFT
$3.59T
| $210M | 0.1% |
5,159,258
-27,345
| -0.5% | -$1.19M |
|
185
BP
BP
$115B
| $210M | 0.1% |
6,461,442
+206,645
| +3% | +$6.76M |
|
186
PUT
Verizon
VZ
$205B
| $209M | 0.09% |
4,268,600
-1,202,300
| -22% | -$58M |
|
187
Boeing
BA
$169B
| $209M | 0.09% |
1,391,431
+254,924
| +22% | +$37.1M |
|
188
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $209M | 0.09% |
4,980,300
-4,843,200
| -49% | -$207M |
|
189
CALL
EOG Resources
EOG
$80.3B
| $208M | 0.09% |
2,270,300
-947,700
| -29% | -$85.6M |
|
190
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $206M | 0.09% |
6,755,200
+1,780,000
| +36% | +$53.8M |
|
191
PUT
Pfizer
PFE
$160B
| $206M | 0.09% |
6,239,575
-3,034,993
| -33% | -$96.5M |
|
192
CALL
Mastercard
MA
$509B
| $206M | 0.09% |
2,382,400
-2,450,000
| -51% | -$213M |
|
|
MON
193
PUT
DELISTED
Monsanto Co
MON
| $203M | 0.09% |
1,805,200
+50,000
| +3% | +$5.94M |
|
|
KRFT
194
CALL
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $203M | 0.09% |
2,328,700
+1,654,700
| +246% | +$109M |
|
195
PUT
Wynn Resorts
WYNN
$10.3B
| $203M | 0.09% |
1,608,800
-366,000
| -19% | -$52.2M |
|
196
PUT
Cisco
CSCO
$438B
| $202M | 0.09% |
7,356,500
-3,629,900
| -33% | -$102M |
|
197
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $202M | 0.09% |
3,238,700
+1,288,800
| +66% | +$74.9M |
|
|
SNDK
198
CALL
DELISTED
SANDISK CORP
SNDK
| $201M | 0.09% |
3,160,800
+272,300
| +9% | +$22.1M |
|
|
199
United States Oil Fund
USO
$2.24B
| $200M | 0.09% |
1,482,396
+1,469,129
| +11,074% | +$211M |
|
|
200
Alphabet (Google) Class C
GOOG
$4.18T
| $199M | 0.09% |
7,246,280
-16,150,179
| -69% | -$433M |
|
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.