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 | |
|---|---|---|---|---|---|---|
|
CBST
401
CALL
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $103M | 0.04% |
1,024,600
+819,600
| +400% | +$63.7M |
|
402
PUT
Viatris
VTRS
$18.7B
| $103M | 0.04% |
1,828,000
-151,600
| -8% | -$8.14M |
|
403
PUT
Zillow
ZG
$8.27B
| $103M | 0.04% |
2,918,700
-992,100
| -25% | -$36.4M |
|
404
CALL
Lowe's Companies
LOW
$121B
| $103M | 0.04% |
1,492,800
+156,900
| +12% | +$9.39M |
|
|
RSX
405
PUT
DELISTED
VanEck Russia ETF
RSX
| $102M | 0.04% |
7,002,000
+1,747,300
| +33% | +$34.3M |
|
406
PUT
ProShares UltraShort Gold
GLL
$87.7M
| $102M | 0.04% |
255,175
-1,450
| -0.6% | -$572K |
|
407
CALL
Nike
NKE
$60.5B
| $102M | 0.04% |
2,123,000
-2,109,600
| -50% | -$98.9M |
|
|
DO
408
PUT
DELISTED
Diamond Offshore Drilling
DO
| $102M | 0.04% |
2,773,500
+1,141,300
| +70% | +$40.9M |
|
409
PUT
Oracle
ORCL
$422B
| $102M | 0.04% |
2,262,500
-635,800
| -22% | -$25.9M |
|
410
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $102M | 0.04% |
2,537,669
+1,892,733
| +293% | +$77.9M |
|
|
DD
411
PUT
DELISTED
Du Pont De Nemours E I
DD
| $101M | 0.04% |
1,443,874
-92,874
| -6% | -$6.21M |
|
412
Cisco
CSCO
$438B
| $101M | 0.04% |
3,635,856
-1,106,815
| -23% | -$28.6M |
|
413
CALL
Morgan Stanley
MS
$336B
| $100M | 0.04% |
2,584,900
-140,600
| -5% | -$5M |
|
414
PUT
Valero Energy
VLO
$100B
| $99.8M | 0.04% |
2,015,300
-1,801,700
| -47% | -$87.3M |
|
415
CALL
AutoZone
AZO
$48.3B
| $99.6M | 0.04% |
160,900
+18,600
| +13% | +$10.5M |
|
416
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $99.5M | 0.04% |
4,584,131
-1,355,851
| -23% | -$28.4M |
|
417
Cheniere Energy
LNG
$57.3B
| $99.2M | 0.04% |
1,408,910
-210,269
| -13% | -$14.8M |
|
418
PUT
LyondellBasell Industries
LYB
$21.8B
| $98.8M | 0.04% |
1,244,400
+772,600
| +164% | +$67M |
|
419
PUT
Stratasys
SSYS
$692M
| $98.7M | 0.04% |
1,187,200
+370,400
| +45% | +$37.9M |
|
420
Starbucks
SBUX
$122B
| $98.6M | 0.04% |
2,404,438
+490,306
| +26% | +$19.2M |
|
421
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| $98.1M | 0.04% |
1
| – | – |
|
422
PUT
TransDigm Group
TDG
$66.4B
| $97.8M | 0.04% |
498,200
+453,500
| +1,015% | +$85.5M |
|
|
TIF
423
PUT
DELISTED
Tiffany & Co.
TIF
| $97.5M | 0.04% |
912,400
+289,400
| +46% | +$28.9M |
|
|
SCTY
424
CALL
DELISTED
SolarCity Corporation
SCTY
| $97M | 0.04% |
1,813,800
-1,750,400
| -49% | -$94M |
|
|
HES
425
CALL
DELISTED
Hess
HES
| $97M | 0.04% |
1,313,900
-40,900
| -3% | -$3.24M |
|
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.