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 | |
|---|---|---|---|---|---|---|
|
MNDT
526
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $75.2M | 0.03% |
2,380,536
+225,171
| +10% | +$6.91M |
|
527
PUT
Newmont
NEM
$137B
| $75.1M | 0.03% |
3,976,000
-177,600
| -4% | -$3.58M |
|
528
Exelon
EXC
$45.3B
| $74.9M | 0.03% |
2,831,903
-14,495
| -0.5% | -$372K |
|
529
PUT
Whirlpool
WHR
$2.6B
| $74.5M | 0.03% |
384,600
-154,700
| -29% | -$26.6M |
|
530
CALL
Southwest Airlines
LUV
$19.8B
| $74.5M | 0.03% |
1,760,100
+1,237,000
| +236% | +$46.2M |
|
531
CALL
Blackrock
BLK
$181B
| $73.4M | 0.03% |
205,300
-62,000
| -23% | -$21.2M |
|
532
PUT
United Rentals
URI
$67.9B
| $73.4M | 0.03% |
719,400
+58,300
| +9% | +$6.25M |
|
|
HES
533
PUT
DELISTED
Hess
HES
| $73M | 0.03% |
988,300
-51,700
| -5% | -$4.1M |
|
534
PUT
Norfolk Southern
NSC
$78.7B
| $72.9M | 0.03% |
665,000
+304,700
| +85% | +$33.4M |
|
|
SINA
535
PUT
DELISTED
Sina Corp
SINA
| $72.9M | 0.03% |
1,948,200
-486,700
| -20% | -$18.9M |
|
536
PUT
Cleveland-Cliffs
CLF
$6.71B
| $72.9M | 0.03% |
10,203,800
+904,100
| +10% | +$7.86M |
|
|
XLNX
537
PUT
DELISTED
Xilinx Inc
XLNX
| $72.5M | 0.03% |
1,674,100
-297,100
| -15% | -$12.9M |
|
538
iShares US Real Estate ETF
IYR
$4.64B
| $72.4M | 0.03% |
942,838
-1,448,024
| -61% | -$108M |
|
539
PUT
McKesson
MCK
$102B
| $72.3M | 0.03% |
348,200
+10,500
| +3% | +$2.13M |
|
540
PUT
Goodyear
GT
$1.72B
| $72.3M | 0.03% |
2,529,800
-41,100
| -2% | -$1.02M |
|
|
FDO
541
DELISTED
FAMILY DOLLAR STORES
FDO
| $72.1M | 0.03% |
910,696
-52,580
| -5% | -$4.13M |
|
|
WLL
542
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $72M | 0.03% |
7,268
+4,023
| +124% | +$61.4M |
|
543
CALL
Colgate-Palmolive
CL
$73.2B
| $71.2M | 0.03% |
1,029,700
+153,500
| +18% | +$10.4M |
|
544
3D Systems Corp
DDD
$520M
| $70.9M | 0.03% |
2,157,163
+1,892,044
| +714% | +$68.3M |
|
|
DTV
545
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
| $70.5M | 0.03% |
813,100
-224,800
| -22% | -$19.3M |
|
546
PUT
ICICI Bank
IBN
$106B
| $70.4M | 0.03% |
6,703,180
+605,880
| +10% | +$6.18M |
|
547
PUT
Ionis Pharmaceuticals
IONS
$10.2B
| $70.3M | 0.03% |
1,138,000
-238,700
| -17% | -$11.8M |
|
548
CALL
Palo Alto Networks
PANW
$286B
| $69.8M | 0.03% |
3,418,200
-477,600
| -12% | -$8.8M |
|
549
PUT
Western Digital
WDC
$156B
| $69.7M | 0.03% |
832,961
+36,515
| +5% | +$2.76M |
|
550
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $69.7M | 0.03% |
1,231,300
+104,900
| +9% | +$5.76M |
|
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.