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 | |
|---|---|---|---|---|---|---|
601
PUT
Trip.com Group
TCOM
$28.9B
| $63.6M | 0.03% |
2,794,800
+117,400
| +4% | +$3.08M |
|
602
Capri Holdings
CPRI
$1.57B
| $63.1M | 0.03% |
840,452
-151,411
| -15% | -$11.3M |
|
603
CALL
Accenture
ACN
$114B
| $63M | 0.03% |
705,300
+248,600
| +54% | +$20.6M |
|
604
Under Armour
UAA
$2.3B
| $62.9M | 0.03% |
1,852,334
+156,332
| +9% | +$5.27M |
|
605
PUT
Phillips 66
PSX
$96.1B
| $62.9M | 0.02% |
876,900
+340,600
| +64% | +$25.1M |
|
606
PUT
BlackBerry
BB
$4.51B
| $62.6M | 0.02% |
5,701,000
-770,900
| -12% | -$7.89M |
|
607
PUT
United States Natural Gas Fund
UNG
$511M
| $62.6M | 0.02% |
264,750
+41,444
| +19% | +$13.3M |
|
608
PUT
GSK
GSK
$103B
| $62.5M | 0.02% |
1,170,400
-85,440
| -7% | -$4.78M |
|
609
CALL
Humana
HUM
$45.9B
| $62.5M | 0.02% |
435,200
-97,500
| -18% | -$13.3M |
|
610
PUT
Perrigo
PRGO
$1.96B
| $62.2M | 0.02% |
372,300
-41,600
| -10% | -$6.51M |
|
611
Melco Resorts & Entertainment
MLCO
$2.07B
| $62M | 0.02% |
2,440,041
-714,071
| -23% | -$17.9M |
|
|
ALXN
612
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $61.9M | 0.02% |
334,600
-73,600
| -18% | -$13.6M |
|
613
CALL
Lennar Class A
LEN
$21.2B
| $61.6M | 0.02% |
1,444,101
-581,801
| -29% | -$24.1M |
|
614
CALL
Golar LNG
GLNG
$5.26B
| $61.5M | 0.02% |
1,686,500
-916,600
| -35% | -$43.5M |
|
|
ATHN
615
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $61.3M | 0.02% |
420,500
-7,000
| -2% | -$879K |
|
|
CHK
616
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $61.2M | 0.02% |
15,626
+2,956
| +23% | +$12.3M |
|
|
XLNX
617
CALL
DELISTED
Xilinx Inc
XLNX
| $61.1M | 0.02% |
1,411,300
+22,100
| +2% | +$957K |
|
618
PUT
Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
$21.1M
| $60.7M | 0.02% |
32,386
+27,316
| +539% | +$49.3M |
|
619
CALL
Newmont
NEM
$138B
| $60.5M | 0.02% |
3,201,800
+1,312,500
| +69% | +$26.4M |
|
620
PUT
BHP
BHP
$246B
| $60.5M | 0.02% |
1,511,788
+259,948
| +21% | +$12M |
|
621
CALL
Ashland
ASH
$3.37B
| $60.4M | 0.02% |
1,031,402
-1,691,206
| -62% | -$91.2M |
|
|
MNDT
622
CALL
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $60.3M | 0.02% |
1,908,800
+337,300
| +21% | +$10.4M |
|
|
CBI
623
DELISTED
Chicago Bridge & Iron Nv
CBI
| $60.2M | 0.02% |
1,434,654
+327,488
| +30% | +$16.1M |
|
624
PUT
GameStop
GME
$8.05B
| $60.2M | 0.02% |
7,125,600
+1,493,600
| +27% | +$14.4M |
|
|
APOL
625
CALL
DELISTED
Apollo Education Group Inc Class A
APOL
| $60.2M | 0.02% |
1,764,100
+954,800
| +118% | +$28.1M |
|
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.