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 | |
|---|---|---|---|---|---|---|
|
NBL
1976
DELISTED
Noble Energy, Inc.
NBL
| $10.1M | ﹤0.01% |
142,589
-283,206
| -67% | -$18.8M |
|
1977
Bunge Global
BG
$21.4B
| $10.1M | ﹤0.01% |
127,332
-14,138
| -10% | -$1.11M |
|
|
NILE
1978
PUT
DELISTED
Blue Nile, Inc.
NILE
| $10.1M | ﹤0.01% |
290,100
+212,500
| +274% | +$8.14M |
|
1979
Marathon Petroleum
MPC
$102B
| $10.1M | ﹤0.01% |
231,964
-468,164
| -67% | -$20.5M |
|
1980
CALL
ProShares Ultra Russell2000
UWM
$255M
| $10.1M | ﹤0.01% |
468,000
-371,600
| -44% | -$7.88M |
|
|
WPZ
1981
PUT
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $10.1M | ﹤0.01% |
210,287
-228,970
| -52% | -$10.8M |
|
|
NTI
1982
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $10.1M | ﹤0.01% |
392,220
+263,126
| +204% | +$6.68M |
|
|
TRLA
1983
DELISTED
TRULIA INC (DEL)
TRLA
| $10.1M | ﹤0.01% |
303,710
+156,797
| +107% | +$5.29M |
|
|
BID
1984
CALL
DELISTED
Sotheby's
BID
| $10.1M | ﹤0.01% |
231,500
-173,200
| -43% | -$8.3M |
|
1985
Commercial Metals
CMC
$7.57B
| $10.1M | ﹤0.01% |
533,217
-62,220
| -10% | -$1.21M |
|
1986
PUT
Cardinal Health
CAH
$54.8B
| $10M | ﹤0.01% |
143,600
-119,200
| -45% | -$8.29M |
|
|
KCG
1987
CALL
DELISTED
KCG Holdings, Inc.
KCG
| $10M | ﹤0.01% |
842,300
+117,500
| +16% | +$1.39M |
|
1988
PUT
Dominion Energy
D
$58.5B
| $10M | ﹤0.01% |
141,500
-33,100
| -19% | -$2.26M |
|
|
PPL
1989
PPL Corp
PPL
$26B
| $10M | ﹤0.01% |
325,358
+45,586
| +16% | +$1.32M |
|
1990
CME Group
CME
$101B
| $10M | ﹤0.01% |
135,538
-343,009
| -72% | -$25.9M |
|
1991
Global Payments
GPN
$24.5B
| $10M | ﹤0.01% |
281,710
-42,992
| -13% | -$1.48M |
|
1992
CALL
ASML
ASML
$662B
| $10M | ﹤0.01% |
107,200
+15,200
| +17% | +$1.35M |
|
1993
PUT
Royal Bank of Canada
RY
$283B
| $10M | ﹤0.01% |
151,600
-315,200
| -68% | -$20.4M |
|
1994
Avis
CAR
$4.93B
| $9.99M | ﹤0.01% |
+205,151
| New | +$8.82M |
|
1995
iShares Core S&P Small-Cap ETF
IJR
$111B
| $9.99M | ﹤0.01% |
181,382
+19,966
| +12% | +$1.08M |
|
1996
PUT
Fortinet
FTNT
$127B
| $9.98M | ﹤0.01% |
2,265,000
-588,500
| -21% | -$2.57M |
|
|
AVP
1997
DELISTED
Avon Products, Inc.
AVP
| $9.96M | ﹤0.01% |
680,372
+45,383
| +7% | +$697K |
|
|
PX
1998
DELISTED
Praxair Inc
PX
| $9.93M | ﹤0.01% |
75,796
+2,861
| +4% | +$371K |
|
1999
PUT
ProShares UltraShort Yen
YCS
$30.1M
| $9.93M | ﹤0.01% |
587,200
-41,600
| -7% | -$699K |
|
2000
PUT
Mohawk Industries
MHK
$8.81B
| $9.93M | ﹤0.01% |
73,000
-77,200
| -51% | -$11.1M |
|
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.