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 | |
|---|---|---|---|---|---|---|
426
PUT
Ralph Lauren
RL
$22.1B
| $96.9M | 0.04% |
523,400
+92,900
| +22% | +$16M |
|
427
Wells Fargo
WFC
$256B
| $96.7M | 0.04% |
1,763,699
-1,677,752
| -49% | -$88.8M |
|
428
PUT
Illumina
ILMN
$33.4B
| $96.7M | 0.04% |
538,364
+136,416
| +34% | +$24M |
|
429
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.43B
| $96.4M | 0.04% |
3,031,600
-2,605,600
| -46% | -$74.4M |
|
430
PUT
Altria Group
MO
$114B
| $96.3M | 0.04% |
1,954,600
+216,900
| +12% | +$10.6M |
|
431
CALL
iShares US Real Estate ETF
IYR
$4.66B
| $95.9M | 0.04% |
1,247,900
-1,297,200
| -51% | -$97M |
|
432
CALL
LyondellBasell Industries
LYB
$21.1B
| $95.8M | 0.04% |
1,206,400
+480,000
| +66% | +$41.6M |
|
433
CALL
ProShares UltraShort Silver
ZSL
$60.1M
| $95.3M | 0.04% |
9,981
-2,828
| -22% | -$25.4M |
|
434
Outfront Media
OUT
$5.3B
| $94.9M | 0.04% |
3,592,592
-2,619,800
| -42% | -$64M |
|
435
Netflix
NFLX
$335B
| $94M | 0.04% |
19,258,330
+15,010,450
| +353% | +$80.6M |
|
436
PUT
Colgate-Palmolive
CL
$73.2B
| $93.7M | 0.04% |
1,354,000
-611,900
| -31% | -$41.3M |
|
437
Equinix
EQIX
$104B
| $93.6M | 0.04% |
412,661
+112,736
| +38% | +$24.4M |
|
438
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $93.5M | 0.04% |
787,400
-92,500
| -11% | -$10.4M |
|
439
Biogen
BIIB
$32B
| $93.5M | 0.04% |
275,327
-892
| -0.3% | -$289K |
|
|
ANDV
440
CALL
DELISTED
Andeavor
ANDV
| $92.9M | 0.04% |
1,250,000
-92,600
| -7% | -$6.53M |
|
|
AET
441
CALL
DELISTED
Aetna Inc
AET
| $92.7M | 0.04% |
1,043,900
+165,900
| +19% | +$13.9M |
|
442
eBay
EBAY
$47.5B
| $92.6M | 0.04% |
3,922,094
-4,793,744
| -55% | -$109M |
|
443
PUT
International Paper
IP
$21.7B
| $92.2M | 0.04% |
1,817,904
+218,381
| +14% | +$10.7M |
|
444
PUT
Expedia Group
EXPE
$40.2B
| $92M | 0.04% |
1,077,900
-78,600
| -7% | -$6.66M |
|
445
CALL
Medtronic
MDT
$119B
| $91.3M | 0.04% |
1,264,000
-424,600
| -25% | -$29.5M |
|
446
SPDR Gold Trust
GLD
$155B
| $90.9M | 0.04% |
800,682
+76,876
| +11% | +$8.87M |
|
447
CALL
Deere & Co
DE
$175B
| $90.9M | 0.04% |
1,027,600
-87,600
| -8% | -$7.57M |
|
|
VMW
448
PUT
DELISTED
VMware, Inc
VMW
| $90.7M | 0.04% |
1,098,900
+59,700
| +6% | +$5.09M |
|
449
Verizon
VZ
$208B
| $89.9M | 0.04% |
1,921,617
-709,123
| -27% | -$34.7M |
|
450
CALL
Skyworks Solutions
SWKS
$10B
| $89.8M | 0.04% |
1,235,600
-80,000
| -6% | -$4.96M |
|
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.