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 | |
|---|---|---|---|---|---|---|
501
Wynn Resorts
WYNN
$10.3B
| $80.1M | 0.03% |
538,225
+94,111
| +21% | +$16.2M |
|
|
AGN
502
DELISTED
Allergan plc
AGN
| $79.8M | 0.03% |
309,837
-215,313
| -41% | -$53.8M |
|
|
POT
503
CALL
DELISTED
Potash Corp Of Saskatchewan
POT
| $79.7M | 0.03% |
2,257,400
+1,153,500
| +104% | +$39.3M |
|
504
Costco
COST
$420B
| $79.6M | 0.03% |
561,878
-193,617
| -26% | -$26.3M |
|
505
CALL
APA Corp
APA
$15.2B
| $79.6M | 0.03% |
1,270,700
-382,700
| -23% | -$27.2M |
|
506
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $79.4M | 0.03% |
2,201,400
+768,400
| +54% | +$26.3M |
|
|
SCTY
507
DELISTED
SolarCity Corporation
SCTY
| $79.1M | 0.03% |
1,479,766
+379,757
| +35% | +$20.4M |
|
|
CHK
508
DELISTED
Chesapeake Energy Corporation
CHK
| $78.9M | 0.03% |
20,154
-435
| -2% | -$1.81M |
|
509
CALL
ProShares Ultra S&P500
SSO
$8.41B
| $78.5M | 0.03% |
9,793,600
-1,110,400
| -10% | -$8.49M |
|
|
EMC
510
PUT
DELISTED
EMC CORPORATION
EMC
| $78.3M | 0.03% |
2,633,400
+468,500
| +22% | +$13.6M |
|
511
PUT
Lam Research
LRCX
$393B
| $78.2M | 0.03% |
9,858,000
+6,326,000
| +179% | +$49M |
|
512
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $78.1M | 0.03% |
655,900
+31,900
| +5% | +$3.93M |
|
513
iShares MSCI EAFE ETF
EFA
$80B
| $77.9M | 0.03% |
1,280,693
+1,049,783
| +455% | +$65.5M |
|
514
PUT
Sysco
SYY
$40.2B
| $77.6M | 0.03% |
1,955,500
-635,900
| -25% | -$24.7M |
|
515
CALL
Royal Caribbean
RCL
$78.1B
| $77.5M | 0.03% |
940,300
+573,100
| +156% | +$40.2M |
|
516
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $77.3M | 0.03% |
1,130,100
-388,700
| -26% | -$26M |
|
517
Tapestry
TPR
$26B
| $77M | 0.03% |
2,050,301
+733,881
| +56% | +$25.9M |
|
518
CALL
Honeywell
HON
$68.4B
| $77M | 0.03% |
857,263
+55,867
| +7% | +$4.81M |
|
519
Qualcomm
QCOM
$169B
| $76.9M | 0.03% |
1,034,118
+330,812
| +47% | +$24.2M |
|
520
CALL
Lamar Advertising Co
LAMR
$15.3B
| $76.8M | 0.03% |
1,432,400
+507,600
| +55% | +$26.2M |
|
|
ETP
521
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $76.5M | 0.03% |
1,177,000
-235,000
| -17% | -$15M |
|
|
DTV
522
PUT
DELISTED
DIRECTV COM STK (DE)
DTV
| $76.4M | 0.03% |
881,400
-76,700
| -8% | -$6.6M |
|
|
SHPG
523
CALL
DELISTED
Shire pic
SHPG
| $76.1M | 0.03% |
357,900
-436,100
| -55% | -$92.5M |
|
|
524
Invesco CurrencyShares Euro Currency Trust
FXE
$345M
| $75.8M | 0.03% |
636,283
+205,098
| +48% | +$25.2M |
|
525
CALL
Exelon
EXC
$45.1B
| $75.4M | 0.03% |
2,851,388
+1,048,556
| +58% | +$26.9M |
|
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.