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 | |
|---|---|---|---|---|---|---|
476
PUT
Skyworks Solutions
SWKS
$9.94B
| $83.6M | 0.03% |
1,149,600
-89,400
| -7% | -$5.55M |
|
|
TFCFA
477
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $83.3M | 0.03% |
2,168,960
+175,143
| +9% | +$6.2M |
|
|
X
478
CALL
DELISTED
US Steel
X
| $83.3M | 0.03% |
3,114,300
-695,500
| -18% | -$23.2M |
|
479
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.4B
| $83.3M | 0.03% |
1,338,300
+464,400
| +53% | +$26.5M |
|
480
PUT
Elevance Health
ELV
$86.6B
| $83.2M | 0.03% |
662,100
-91,000
| -12% | -$11.2M |
|
481
Morgan Stanley
MS
$338B
| $83.1M | 0.03% |
2,140,950
+1,072,981
| +100% | +$38.2M |
|
482
PUT
Petrobras
PBR
$119B
| $82.9M | 0.03% |
11,362,400
-7,290,200
| -39% | -$78.6M |
|
483
American International
AIG
$40.6B
| $82.7M | 0.03% |
1,476,536
-3,423,446
| -70% | -$184M |
|
484
PUT
Philip Morris
PM
$299B
| $82.7M | 0.03% |
1,014,800
-253,400
| -20% | -$21.8M |
|
485
Applied Materials
AMAT
$381B
| $82.5M | 0.03% |
3,309,260
+584,502
| +21% | +$13.2M |
|
|
POT
486
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $82.4M | 0.03% |
2,332,700
-348,000
| -13% | -$11.8M |
|
487
PUT
HP
HPQ
$26.5B
| $82.3M | 0.03% |
4,514,981
-5,597,484
| -55% | -$93.8M |
|
|
TWC
488
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $82.2M | 0.03% |
540,301
+469,466
| +663% | +$67.7M |
|
489
PUT
HCA Healthcare
HCA
$93.9B
| $82.1M | 0.03% |
1,118,200
+577,100
| +107% | +$40.6M |
|
|
MNK
490
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $81.6M | 0.03% |
824,200
-573,800
| -41% | -$52.8M |
|
491
CALL
Cummins
CMI
$79B
| $81.6M | 0.03% |
566,100
+154,800
| +38% | +$21.9M |
|
492
PUT
HSBC
HSBC
$358B
| $81.5M | 0.03% |
2,003,365
+634,713
| +46% | +$27.1M |
|
493
CALL
Western Digital
WDC
$155B
| $81.3M | 0.03% |
972,008
+202,022
| +26% | +$15.3M |
|
494
CALL
Yelp
YELP
$1.3B
| $81.1M | 0.03% |
1,482,500
+340,600
| +30% | +$20.1M |
|
495
CALL
Blackstone
BX
$109B
| $81M | 0.03% |
2,441,116
+456,919
| +23% | +$14.3M |
|
|
BRCM
496
CALL
DELISTED
BROADCOM CORP CL-A
BRCM
| $81M | 0.03% |
1,869,000
-301,800
| -14% | -$12.4M |
|
497
Vanguard FTSE Europe ETF
VGK
$31.2B
| $80.9M | 0.03% |
1,544,097
+1,535,030
| +16,930% | +$82.2M |
|
498
CALL
Devon Energy
DVN
$53.3B
| $80.8M | 0.03% |
1,320,000
+348,500
| +36% | +$21.1M |
|
|
SINA
499
DELISTED
Sina Corp
SINA
| $80.2M | 0.03% |
2,144,550
-65,470
| -3% | -$2.54M |
|
500
SLB Ltd
SLB
$78.1B
| $80.2M | 0.03% |
938,908
-604,649
| -39% | -$55.6M |
|
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.