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 | |
|---|---|---|---|---|---|---|
|
AVB
551
CALL
DELISTED
AvalonBay Communities
AVB
| $69.4M | 0.03% |
424,800
-253,600
| -37% | -$39.8M |
|
|
PCYC
552
PUT
DELISTED
PHARMACYCLICS INC
PCYC
| $69.4M | 0.03% |
567,500
-296,400
| -34% | -$37.9M |
|
553
PUT
Medtronic
MDT
$119B
| $69M | 0.03% |
956,100
-141,300
| -13% | -$9.82M |
|
554
CALL
Altria Group
MO
$114B
| $68.9M | 0.03% |
1,399,400
-285,900
| -17% | -$13.9M |
|
555
PUT
Yum! Brands
YUM
$42.8B
| $68.9M | 0.03% |
1,316,025
-517,869
| -28% | -$27M |
|
556
CALL
Petrobras
PBR
$119B
| $68.4M | 0.03% |
9,363,100
-7,342,400
| -44% | -$79.1M |
|
557
CALL
F5
FFIV
$21.6B
| $68.2M | 0.03% |
523,100
-55,700
| -10% | -$6.94M |
|
|
ICPT
558
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $68.2M | 0.03% |
437,200
-74,400
| -15% | -$13.7M |
|
559
CALL
Phillips 66
PSX
$95.6B
| $68M | 0.03% |
948,100
-155,000
| -14% | -$11.4M |
|
560
Nike
NKE
$60.6B
| $67.9M | 0.03% |
1,413,326
+768,550
| +119% | +$36M |
|
561
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.1B
| $67.9M | 0.03% |
2,874,000
-1,162,600
| -29% | -$26.3M |
|
562
PUT
Jazz Pharmaceuticals
JAZZ
$16.4B
| $67.8M | 0.03% |
414,200
+44,100
| +12% | +$7.32M |
|
563
CALL
Valero Energy
VLO
$99.4B
| $67.8M | 0.03% |
1,370,000
+156,700
| +13% | +$7.59M |
|
|
DO
564
CALL
DELISTED
Diamond Offshore Drilling
DO
| $67.6M | 0.03% |
1,841,800
+847,100
| +85% | +$30.3M |
|
565
PUT
VanEck Oil Services ETF
OIH
$1.94B
| $67.5M | 0.03% |
93,930
+28,815
| +44% | +$23.9M |
|
566
CALL
Vodafone
VOD
$36.9B
| $67.4M | 0.03% |
1,973,600
-595,900
| -23% | -$20.1M |
|
567
DuPont de Nemours
DD
$18.4B
| $67.4M | 0.03% |
583,605
-199,305
| -25% | -$24.3M |
|
568
CALL
Agilent Technologies
A
$43.2B
| $67.4M | 0.03% |
1,645,700
+1,011,567
| +160% | +$40.8M |
|
569
PUT
Dillards
DDS
$10B
| $67.3M | 0.03% |
538,000
+333,700
| +163% | +$37.2M |
|
570
CALL
Aflac
AFL
$59.1B
| $67.1M | 0.03% |
2,197,600
+205,000
| +10% | +$6.05M |
|
571
CALL
PNC Financial Services
PNC
$97B
| $67M | 0.03% |
734,800
+45,600
| +7% | +$3.95M |
|
572
PUT
TripAdvisor
TRIP
$1.2B
| $67M | 0.03% |
897,800
-453,600
| -34% | -$35.4M |
|
573
CALL
United States Natural Gas Fund
UNG
$511M
| $66.9M | 0.03% |
283,088
+79,163
| +39% | +$25.4M |
|
|
GG
574
PUT
DELISTED
Goldcorp Inc
GG
| $66.8M | 0.03% |
3,606,100
+771,800
| +27% | +$15.8M |
|
|
RHT
575
CALL
DELISTED
Red Hat Inc
RHT
| $66.6M | 0.03% |
963,600
+273,000
| +40% | +$16.5M |
|
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.