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 | |
|---|---|---|---|---|---|---|
576
Yelp
YELP
$1.3B
| $66M | 0.03% |
1,206,276
+637,238
| +112% | +$37.7M |
|
577
PUT
iShares MSCI Germany ETF
EWG
$1.72B
| $65.9M | 0.03% |
2,404,600
+689,000
| +40% | +$18.8M |
|
578
PUT
RH
RH
$2.74B
| $65.8M | 0.03% |
685,800
+146,000
| +27% | +$12.2M |
|
|
JCP
579
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $65.8M | 0.03% |
10,157,700
+1,273,500
| +14% | +$9.34M |
|
|
CMCSK
580
CALL
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $65.7M | 0.03% |
1,140,900
-600,100
| -34% | -$34.5M |
|
|
MWE
581
PUT
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $65.6M | 0.03% |
976,700
+117,200
| +14% | +$8.17M |
|
582
First Solar
FSLR
$22.5B
| $65.5M | 0.03% |
1,467,887
+1,116,045
| +317% | +$56.9M |
|
|
SHLD
583
CALL
DELISTED
Sears Holding Corporation
SHLD
| $65.3M | 0.03% |
1,980,500
-339,619
| -15% | -$11.1M |
|
|
CMCSK
584
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $65.3M | 0.03% |
1,134,107
+751,306
| +196% | +$43.2M |
|
585
CALL
Melco Resorts & Entertainment
MLCO
$2.08B
| $65.2M | 0.03% |
2,567,000
-314,300
| -11% | -$7.87M |
|
586
PUT
State Street SPDR S&P Retail ETF
XRT
$328M
| $65.1M | 0.03% |
1,356,400
+330,200
| +32% | +$14.8M |
|
587
Procter & Gamble
PG
$340B
| $65.1M | 0.03% |
714,168
+345,532
| +94% | +$30.4M |
|
588
PUT
Range Resources
RRC
$9.61B
| $64.8M | 0.03% |
1,212,900
+450,200
| +59% | +$29.1M |
|
589
CALL
Mondelez International
MDLZ
$82.2B
| $64.7M | 0.03% |
1,781,000
+549,100
| +45% | +$20M |
|
590
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $64.7M | 0.03% |
1,333,700
-483,500
| -27% | -$22.9M |
|
|
GG
591
CALL
DELISTED
Goldcorp Inc
GG
| $64.6M | 0.03% |
3,489,500
+918,800
| +36% | +$18.8M |
|
592
Prudential Financial
PRU
$42.2B
| $64.5M | 0.03% |
713,003
+442,453
| +164% | +$38M |
|
593
Regeneron Pharmaceuticals
REGN
$85.4B
| $64.5M | 0.03% |
157,171
+20,850
| +15% | +$8.2M |
|
594
PUT
Cigna
CI
$73.7B
| $64.4M | 0.03% |
625,400
-90,100
| -13% | -$8.88M |
|
595
Johnson & Johnson
JNJ
$656B
| $64M | 0.03% |
612,023
+268,103
| +78% | +$28.3M |
|
|
596
PUT
Prudential Financial
PRU
$42.2B
| $64M | 0.03% |
707,400
+8,100
| +1% | +$696K |
|
|
BRCM
597
PUT
DELISTED
BROADCOM CORP CL-A
BRCM
| $63.9M | 0.03% |
1,474,000
-6,700
| -0.5% | -$275K |
|
|
MWE
598
CALL
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $63.8M | 0.03% |
948,800
+29,200
| +3% | +$2.03M |
|
599
PUT
iShares Silver Trust
SLV
$33.3B
| $63.7M | 0.03% |
4,089,300
+950,300
| +30% | +$15M |
|
600
CALL
NRG Energy
NRG
$23.6B
| $63.6M | 0.03% |
2,359,800
+839,600
| +55% | +$24.9M |
|
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.