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 | |
|---|---|---|---|---|---|---|
326
PUT
Cummins
CMI
$80.9B
| $133M | 0.05% |
1,005,100
+487,300
| +94% | +$70.3M |
|
327
Valero Energy
VLO
$100B
| $133M | 0.05% |
2,866,556
+1,339,337
| +88% | +$67.6M |
|
328
PUT
United Airlines
UAL
$36.7B
| $132M | 0.05% |
2,831,000
+520,100
| +23% | +$24.1M |
|
|
PXD
329
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $132M | 0.05% |
672,300
-47,300
| -7% | -$10M |
|
330
PUT
Target
TGT
$75.1B
| $132M | 0.05% |
2,104,300
-336,600
| -14% | -$20.4M |
|
331
Verizon
VZ
$205B
| $132M | 0.05% |
2,630,740
-1,767,628
| -40% | -$87.9M |
|
|
WFM
332
PUT
DELISTED
Whole Foods Market Inc
WFM
| $131M | 0.05% |
3,449,800
-734,700
| -18% | -$28.1M |
|
333
CALL
AstraZeneca
AZN
$257B
| $131M | 0.05% |
1,833,200
+712,000
| +64% | +$52.1M |
|
334
Cheniere Energy
LNG
$57.3B
| $130M | 0.05% |
1,619,179
-331,987
| -17% | -$25.3M |
|
335
CALL
C.H. Robinson
CHRW
$16.5B
| $129M | 0.05% |
1,949,300
+8,400
| +0.4% | +$559K |
|
336
PUT
Colgate-Palmolive
CL
$72.6B
| $128M | 0.05% |
1,965,900
+469,900
| +31% | +$31M |
|
337
CALL
Huntsman Corp
HUN
$1.75B
| $128M | 0.05% |
4,932,800
+3,425,600
| +227% | +$93.4M |
|
|
SHLD
338
PUT
DELISTED
Sears Holding Corporation
SHLD
| $128M | 0.05% |
5,445,178
+1,309,140
| +32% | +$42.8M |
|
339
PUT
Vodafone
VOD
$36.9B
| $128M | 0.05% |
3,887,000
-1,818,800
| -32% | -$60.7M |
|
340
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $128M | 0.05% |
2,442,400
-1,120,800
| -31% | -$56.5M |
|
|
HES
341
CALL
DELISTED
Hess
HES
| $128M | 0.05% |
1,354,800
+480,900
| +55% | +$47.6M |
|
342
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $127M | 0.05% |
3,781,268
+2,371,358
| +168% | +$96.3M |
|
|
343
PUT
AstraZeneca
AZN
$257B
| $127M | 0.05% |
1,776,900
+266,500
| +18% | +$19.5M |
|
|
AGN
344
DELISTED
Allergan plc
AGN
| $127M | 0.05% |
525,150
+273,719
| +109% | +$61.3M |
|
345
PUT
Devon Energy
DVN
$54B
| $126M | 0.05% |
1,853,100
+387,900
| +26% | +$28.8M |
|
346
CALL
Alibaba
BABA
$286B
| $126M | 0.05% |
+1,420,800
| New | +$128M |
|
|
MNK
347
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $126M | 0.05% |
1,398,000
+938,000
| +204% | +$73.4M |
|
|
TWC
348
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $126M | 0.05% |
876,700
-67,600
| -7% | -$10M |
|
349
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $125M | 0.05% |
1,370,400
-579,900
| -30% | -$50.9M |
|
350
CALL
PepsiCo
PEP
$196B
| $125M | 0.05% |
1,340,300
+278,600
| +26% | +$25.4M |
|
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.