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 | |
|---|---|---|---|---|---|---|
301
PUT
Kinder Morgan
KMI
$69B
| $143M | 0.06% |
3,730,300
+10,600
| +0.3% | +$403K |
|
302
PUT
Lockheed Martin
LMT
$130B
| $142M | 0.05% |
778,700
+221,000
| +40% | +$37.6M |
|
|
ESRX
303
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $142M | 0.05% |
2,013,900
+1,097,500
| +120% | +$78.2M |
|
|
MON
304
CALL
DELISTED
Monsanto Co
MON
| $140M | 0.05% |
1,247,700
+634,600
| +104% | +$74.2M |
|
305
iShares MSCI Brazil ETF
EWZ
$8.04B
| $140M | 0.05% |
3,216,771
-112,694
| -3% | -$5.57M |
|
306
PUT
lululemon athletica
LULU
$13.7B
| $140M | 0.05% |
3,322,600
-871,600
| -21% | -$35.1M |
|
307
Outfront Media
OUT
$5.25B
| $139M | 0.05% |
6,212,392
+6,195,087
| +35,799% | +$152M |
|
308
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $139M | 0.05% |
6,844,103
-1,727,287
| -20% | -$34.9M |
|
309
PUT
Blackrock
BLK
$179B
| $139M | 0.05% |
423,800
+20,100
| +5% | +$6.47M |
|
310
CALL
Ashland
ASH
$3.33B
| $139M | 0.05% |
2,722,608
-804,110
| -23% | -$41.9M |
|
311
CALL
Vale
VALE
$62.1B
| $138M | 0.05% |
12,557,100
+6,188,100
| +97% | +$82.6M |
|
|
312
CALL
lululemon athletica
LULU
$13.7B
| $138M | 0.05% |
3,277,600
+173,500
| +6% | +$6.99M |
|
|
SUNE
313
CALL
DELISTED
SUNEDISON, INC COM
SUNE
| $136M | 0.05% |
7,199,000
+774,800
| +12% | +$16.6M |
|
314
CALL
3D Systems Corp
DDD
$530M
| $136M | 0.05% |
2,929,750
+370,050
| +14% | +$19.3M |
|
315
CALL
Expedia Group
EXPE
$38.6B
| $136M | 0.05% |
1,547,300
+954,200
| +161% | +$80M |
|
316
CALL
ConocoPhillips
COP
$162B
| $135M | 0.05% |
1,770,700
-355,300
| -17% | -$29.1M |
|
317
Delta Air Lines
DAL
$54.2B
| $135M | 0.05% |
3,727,432
+1,183,600
| +47% | +$45.2M |
|
318
CALL
American Express
AXP
$227B
| $134M | 0.05% |
1,535,100
-73,600
| -5% | -$6.63M |
|
|
PARA
319
CALL
DELISTED
Paramount Global Class B
PARA
| $134M | 0.05% |
2,506,500
+185,100
| +8% | +$10.9M |
|
320
CALL
United Airlines
UAL
$36.7B
| $134M | 0.05% |
2,863,600
+782,000
| +38% | +$36.3M |
|
321
PUT
Vipshop
VIPS
$6.98B
| $134M | 0.05% |
7,070,000
+1,736,000
| +33% | +$35.8M |
|
322
PUT
MetLife
MET
$60B
| $133M | 0.05% |
2,784,467
+83,140
| +3% | +$4.04M |
|
323
ExxonMobil
XOM
$679B
| $133M | 0.05% |
1,417,389
-899,227
| -39% | -$89.6M |
|
|
TWX
324
CALL
DELISTED
Time Warner Inc
TWX
| $133M | 0.05% |
1,769,200
+1,157,200
| +189% | +$89.7M |
|
|
LO
325
PUT
DELISTED
LORILLARD INC COM STK
LO
| $133M | 0.05% |
2,214,300
+131,000
| +6% | +$7.94M |
|
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.