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 | |
|---|---|---|---|---|---|---|
351
PUT
Under Armour
UAA
$2.32B
| $124M | 0.05% |
3,587,400
+566,800
| +19% | +$18.9M |
|
352
PUT
TripAdvisor
TRIP
$1.17B
| $124M | 0.05% |
1,351,400
+567,100
| +72% | +$56.1M |
|
|
353
CALL
Under Armour
UAA
$2.32B
| $122M | 0.05% |
3,543,200
+896,000
| +34% | +$29.9M |
|
354
Devon Energy
DVN
$54B
| $122M | 0.05% |
1,788,730
+556,633
| +45% | +$41.4M |
|
355
CALL
Transocean
RIG
$6.61B
| $121M | 0.05% |
3,795,800
+451,500
| +14% | +$17.7M |
|
356
PUT
Alibaba
BABA
$286B
| $121M | 0.05% |
+1,364,000
| New | +$123M |
|
|
ICPT
357
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $121M | 0.05% |
511,600
+51,500
| +11% | +$13.1M |
|
358
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $121M | 0.05% |
5,939,982
+2,619,474
| +79% | +$52.9M |
|
359
CALL
Target
TGT
$75.1B
| $120M | 0.05% |
1,909,500
+98,700
| +5% | +$5.98M |
|
360
Cisco
CSCO
$438B
| $119M | 0.05% |
4,742,671
-3,186
| -0.1% | -$80.1K |
|
361
Walt Disney
DIS
$186B
| $119M | 0.05% |
1,332,920
+821,208
| +160% | +$72.4M |
|
362
CALL
Costco
COST
$420B
| $118M | 0.05% |
940,900
+428,800
| +84% | +$51.8M |
|
|
RSX
363
PUT
DELISTED
VanEck Russia ETF
RSX
| $118M | 0.05% |
5,254,700
+2,285,700
| +77% | +$56.5M |
|
364
Chevron
CVX
$403B
| $117M | 0.05% |
983,980
+489,540
| +99% | +$62.5M |
|
365
Air Products & Chemicals
APD
$67.9B
| $117M | 0.05% |
974,135
+354,065
| +57% | +$43.3M |
|
366
CALL
Alcoa
AA
$13.7B
| $115M | 0.04% |
2,979,650
+655,638
| +28% | +$25.7M |
|
367
CALL
RTX Corp
RTX
$283B
| $115M | 0.04% |
1,732,169
+308,743
| +22% | +$21.2M |
|
368
CALL
Philip Morris
PM
$293B
| $113M | 0.04% |
1,360,800
-386,100
| -22% | -$32.7M |
|
369
CALL
iShares Silver Trust
SLV
$33.8B
| $113M | 0.04% |
6,759,900
-1,826,600
| -21% | -$34.5M |
|
370
PUT
AutoZone
AZO
$48.3B
| $113M | 0.04% |
222,000
+17,600
| +9% | +$9.27M |
|
|
CHK
371
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $112M | 0.04% |
24,430
+5,653
| +30% | +$29.8M |
|
|
QIHU
372
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $112M | 0.04% |
1,664,073
+1,191,177
| +252% | +$106M |
|
373
CALL
FedEx
FDX
$76.9B
| $112M | 0.04% |
695,400
-67,900
| -9% | -$10.3M |
|
374
PUT
Starbucks
SBUX
$122B
| $112M | 0.04% |
2,955,400
-644,000
| -18% | -$24.9M |
|
375
CALL
International Paper
IP
$22B
| $111M | 0.04% |
2,463,331
+788,518
| +47% | +$36.3M |
|
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.