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 | |
|---|---|---|---|---|---|---|
451
CALL
Viatris
VTRS
$18.7B
| $88.9M | 0.04% |
1,576,500
-534,500
| -25% | -$28.7M |
|
452
CALL
Abbott
ABT
$202B
| $88.8M | 0.04% |
1,972,900
+265,300
| +16% | +$11.6M |
|
|
BWLD
453
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $88.6M | 0.04% |
491,300
-161,900
| -25% | -$25.2M |
|
454
CALL
Simon Property Group
SPG
$70.6B
| $88.2M | 0.04% |
484,100
+37,800
| +8% | +$6.71M |
|
455
CALL
Baxter International
BAX
$13.6B
| $88.1M | 0.04% |
2,212,698
-85,606
| -4% | -$3.33M |
|
456
PUT
Cummins
CMI
$80.9B
| $87.8M | 0.03% |
609,200
-395,900
| -39% | -$56M |
|
457
CALL
Under Armour
UAA
$2.32B
| $87.8M | 0.03% |
2,586,600
-956,600
| -27% | -$32.2M |
|
|
TFCFA
458
PUT
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $87.5M | 0.03% |
2,278,300
-64,400
| -3% | -$2.28M |
|
459
ExxonMobil
XOM
$679B
| $87.3M | 0.03% |
944,606
-472,783
| -33% | -$44.1M |
|
460
PUT
Melco Resorts & Entertainment
MLCO
$2.09B
| $87.1M | 0.03% |
3,428,300
-764,800
| -18% | -$19.1M |
|
461
PUT
Ashland
ASH
$3.33B
| $87M | 0.03% |
1,484,762
-107,718
| -7% | -$5.81M |
|
462
PUT
Monster Beverage
MNST
$93.6B
| $86.9M | 0.03% |
9,621,600
+838,800
| +10% | +$7.23M |
|
463
PUT
Abercrombie & Fitch
ANF
$4.84B
| $86.7M | 0.03% |
3,028,400
+57,900
| +2% | +$1.78M |
|
|
SUNE
464
CALL
DELISTED
SUNEDISON, INC COM
SUNE
| $86M | 0.03% |
4,409,500
-2,789,500
| -39% | -$53M |
|
465
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $85.3M | 0.03% |
1,732,900
-709,500
| -29% | -$37M |
|
466
PUT
Duke Energy
DUK
$93.4B
| $85.1M | 0.03% |
1,018,700
+340,100
| +50% | +$27.4M |
|
467
CALL
MetLife
MET
$60B
| $85.1M | 0.03% |
1,765,130
+172,788
| +11% | +$8.21M |
|
|
LL
468
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $85M | 0.03% |
1,282,100
+428,900
| +50% | +$24.8M |
|
469
PUT
Eli Lilly
LLY
$1.12T
| $84.8M | 0.03% |
1,229,200
+182,600
| +17% | +$12.3M |
|
470
CALL
Workday
WDAY
$49.4B
| $84.8M | 0.03% |
1,038,700
+630,500
| +154% | +$54.5M |
|
471
PUT
Humana
HUM
$45.5B
| $84.8M | 0.03% |
590,100
+193,500
| +49% | +$26.4M |
|
472
PUT
Seagate
STX
$193B
| $84.4M | 0.03% |
1,269,300
+111,100
| +10% | +$6.89M |
|
473
PUT
Infosys
INFY
$48.4B
| $84.3M | 0.03% |
10,715,600
+1,178,000
| +12% | +$9.54M |
|
474
Goldman Sachs
GS
$303B
| $83.9M | 0.03% |
432,607
+151,916
| +54% | +$28.6M |
|
475
PUT
Ambarella
AMBA
$3.23B
| $83.8M | 0.03% |
1,652,500
-50,700
| -3% | -$2.37M |
|
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.