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 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.22% |
| 2 | Consumer Discretionary | 1.95% |
| 3 | Energy | 1.77% |
| 4 | Financials | 1.73% |
| 5 | Healthcare | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Union Pacific
UNP
$183B
| $192M | 0.07% |
1,773,600
-78,100
| -4% | -$8.09M |
|
227
Las Vegas Sands
LVS
$30.5B
| $192M | 0.07% |
3,080,182
+187,905
| +6% | +$12.9M |
|
228
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $191M | 0.07% |
766,200
-286,300
| -27% | -$73.5M |
|
229
CALL
Nike
NKE
$60.5B
| $189M | 0.07% |
4,232,600
+1,728,600
| +69% | +$68.6M |
|
230
PUT
Yelp
YELP
$1.27B
| $188M | 0.07% |
2,761,300
+13,900
| +0.5% | +$1.04M |
|
231
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $188M | 0.07% |
2,065,500
-12,600
| -0.6% | -$1.11M |
|
232
PUT
First Solar
FSLR
$23B
| $182M | 0.07% |
2,763,000
+682,000
| +33% | +$46.2M |
|
233
CALL
Kinder Morgan
KMI
$69B
| $181M | 0.07% |
4,730,800
+2,230,400
| +89% | +$84.7M |
|
234
CALL
Amgen
AMGN
$238B
| $181M | 0.07% |
1,288,000
+281,800
| +28% | +$36.8M |
|
235
Wells Fargo
WFC
$254B
| $179M | 0.07% |
3,441,451
+2,082,778
| +153% | +$107M |
|
236
PUT
ConocoPhillips
COP
$162B
| $178M | 0.07% |
2,325,000
+1,041,000
| +81% | +$85.2M |
|
237
Microsoft
MSFT
$3.59T
| $178M | 0.07% |
3,837,392
+1,260,693
| +49% | +$56.2M |
|
|
KMP
238
CALL
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $177M | 0.07% |
1,901,400
+1,227,900
| +182% | +$109M |
|
239
PUT
Valero Energy
VLO
$100B
| $177M | 0.07% |
3,817,000
+620,300
| +19% | +$31.3M |
|
240
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $176M | 0.07% |
2,545,100
+1,063,100
| +72% | +$77M |
|
241
CALL
American International
AIG
$39.8B
| $176M | 0.07% |
3,249,200
-1,969,200
| -38% | -$108M |
|
242
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $174M | 0.07% |
482,200
+95,300
| +25% | +$31.9M |
|
243
Freeport-McMoran
FCX
$110B
| $173M | 0.07% |
5,307,198
+392,644
| +8% | +$14.3M |
|
244
CALL
Bausch Health
BHC
$2.41B
| $173M | 0.07% |
1,317,900
+21,500
| +2% | +$2.56M |
|
245
CALL
Golar LNG
GLNG
$5.31B
| $173M | 0.07% |
2,603,100
+1,427,800
| +121% | +$90.4M |
|
246
CALL
3M
MMM
$92.3B
| $173M | 0.07% |
1,459,000
+531,263
| +57% | +$63.9M |
|
247
PUT
Herbalife
HLF
$1.33B
| $172M | 0.07% |
7,873,800
+2,523,400
| +47% | +$67.4M |
|
248
CALL
HP
HPQ
$27.2B
| $172M | 0.07% |
10,666,928
+4,441,213
| +71% | +$72M |
|
249
BP
BP
$115B
| $171M | 0.07% |
4,757,820
+2,754,064
| +137% | +$109M |
|
250
CALL
AbbVie
ABBV
$468B
| $171M | 0.07% |
2,960,700
+1,013,500
| +52% | +$56.3M |
|
Similar funds
Jeff Yass's Q3 2014 Portfolio in Review
As of Q3 2014, Jeff Yass held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $28.7B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.6% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Jeff Yass's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Jeff Yass added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Jeff Yass's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Jeff Yass fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Jeff Yass's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Jeff Yass opened 983 new positions and closed 1,332 in Q3 2014.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.