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
|
+$1.22B |
| 2 |
Alibaba
BABA
|
+$408M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$292M |
| 4 |
Gilead Sciences
GILD
|
+$218M |
| 5 |
Ford
F
|
+$215M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$1.37B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.18B |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$619M |
| 4 |
Bank of America
BAC
|
+$487M |
| 5 |
Booking.com
BKNG
|
+$406M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.53% |
| 2 | Consumer Discretionary | 2.02% |
| 3 | Financials | 1.63% |
| 4 | Healthcare | 1.38% |
| 5 | Energy | 1.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
PUT
CF Industries
CF
$19.6B
| $159M | 0.06% |
2,913,500
-1,038,000
| -26% | -$54.7M |
|
277
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $158M | 0.06% |
4,975,200
-1,638,000
| -25% | -$46.8M |
|
|
X
278
PUT
DELISTED
US Steel
X
| $157M | 0.06% |
5,886,700
-478,000
| -8% | -$15.9M |
|
|
BHI
279
CALL
DELISTED
Baker Hughes
BHI
| $156M | 0.06% |
2,781,400
+1,456,400
| +110% | +$82.1M |
|
280
iShares China Large-Cap ETF
FXI
$4.28B
| $156M | 0.06% |
3,743,607
+1,301,476
| +53% | +$51.4M |
|
|
GMCR
281
DELISTED
KEURIG GREEN MTN INC
GMCR
| $153M | 0.06% |
1,154,097
+23,605
| +2% | +$3.35M |
|
282
PUT
Home Depot
HD
$335B
| $152M | 0.06% |
1,452,500
-739,200
| -34% | -$71.8M |
|
|
TWC
283
CALL
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $152M | 0.06% |
1,000,100
+372,500
| +59% | +$53.7M |
|
|
PXD
284
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $152M | 0.06% |
1,020,100
+347,800
| +52% | +$57.4M |
|
285
PUT
Salesforce
CRM
$171B
| $151M | 0.06% |
2,550,300
-314,500
| -11% | -$18.5M |
|
286
CALL
Dollar General
DG
$27.2B
| $150M | 0.06% |
2,128,000
+579,400
| +37% | +$37.7M |
|
287
RTX Corp
RTX
$283B
| $150M | 0.06% |
2,073,745
+1,827,709
| +743% | +$125M |
|
288
PUT
PepsiCo
PEP
$196B
| $148M | 0.06% |
1,569,600
-83,400
| -5% | -$8M |
|
289
CALL
American Express
AXP
$227B
| $148M | 0.06% |
1,587,800
+52,700
| +3% | +$4.72M |
|
290
Boeing
BA
$169B
| $148M | 0.06% |
1,136,507
-1,282,199
| -53% | -$163M |
|
291
PUT
Deere & Co
DE
$175B
| $147M | 0.06% |
1,664,200
-173,800
| -9% | -$15M |
|
292
IBM
IBM
$222B
| $147M | 0.06% |
957,980
-275,740
| -22% | -$43.9M |
|
293
Tesla
TSLA
$1.43T
| $147M | 0.06% |
9,894,540
-12,666,075
| -56% | -$198M |
|
294
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $147M | 0.06% |
7,976,700
+3,437,000
| +76% | +$66.4M |
|
295
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $145M | 0.06% |
2,941,900
-1,306,000
| -31% | -$68.2M |
|
|
SLXP
296
PUT
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $144M | 0.06% |
1,254,600
+703,300
| +128% | +$85.2M |
|
297
CALL
Philip Morris
PM
$293B
| $144M | 0.06% |
1,769,400
+408,600
| +30% | +$35.1M |
|
|
CELG
298
DELISTED
Celgene Corp
CELG
| $144M | 0.06% |
1,283,451
-751,294
| -37% | -$79.2M |
|
299
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $143M | 0.06% |
1,415,100
+44,700
| +3% | +$4.34M |
|
300
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $143M | 0.06% |
2,336,100
-792,200
| -25% | -$54.4M |
|
Similar funds
Jeff Yass's Q4 2014 Portfolio in Review
As of Q4 2014, Jeff Yass held 10,737 positions worth $252B, down 3% from $260B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass withdrew a net $10.2B in Q4 2014, closing 1,178 positions and reducing 4,352 holdings. Its most notable exit was Bausch Health, an estimated $68.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.5% of assets, up from 2.2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in Northern Trust Morningstar Global Upstream Natural Resources ETF worth $31M.
- Jeff Yass's largest Q4 2014 buy was Northern Trust Morningstar Global Upstream Natural Resources ETF: 1,011,289 shares worth $31M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $1.22B increase.
- Jeff Yass's biggest Q4 2014 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $1.37B.
- Jeff Yass fully exited Bausch Health in Q4 2014, selling an estimated $68.9M.
- Jeff Yass's ten largest holdings make up 23% of its $252B portfolio in Q4 2014.
- Jeff Yass opened 1,370 new positions and closed 1,178 in Q4 2014.
- Jeff Yass's portfolio value fell 3% quarter-over-quarter to $252B.
Based on Susquehanna International Group's 13F filing for Q4 2014, filed 17 Feb 2015.