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 | |
|---|---|---|---|---|---|---|
626
CALL
Monster Beverage
MNST
$95.8B
| $60M | 0.02% |
6,650,400
-601,200
| -8% | -$5.18M |
|
|
ALXN
627
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $60M | 0.02% |
324,300
+56,100
| +21% | +$10.4M |
|
|
MBLY
628
CALL
DELISTED
Mobileye N.V.
MBLY
| $60M | 0.02% |
1,479,200
+249,700
| +20% | +$11.7M |
|
629
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $59.8M | 0.02% |
226,567
+183,520
| +426% | +$47M |
|
630
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $59.8M | 0.02% |
2,532,400
-421,400
| -14% | -$9.54M |
|
631
PUT
Vipshop
VIPS
$6.88B
| $59.8M | 0.02% |
3,059,300
-4,010,700
| -57% | -$84.6M |
|
632
CALL
FedEx
FDX
$79.1B
| $59.7M | 0.02% |
344,000
-351,400
| -51% | -$59.4M |
|
633
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $59.7M | 0.02% |
501,100
+14,400
| +3% | +$1.77M |
|
|
GAP
634
CALL
The Gap Inc
GAP
$7.33B
| $59.7M | 0.02% |
1,417,300
+616,300
| +77% | +$24.2M |
|
|
SLXP
635
CALL
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $59.4M | 0.02% |
517,000
+136,500
| +36% | +$16.5M |
|
636
PUT
Banco Santander
SAN
$214B
| $59M | 0.02% |
7,635,876
+638,048
| +9% | +$5.12M |
|
|
PNRA
637
PUT
DELISTED
Panera Bread Co
PNRA
| $59M | 0.02% |
337,500
-79,600
| -19% | -$13.3M |
|
638
PUT
Texas Instruments
TXN
$236B
| $59M | 0.02% |
1,103,300
+508,400
| +85% | +$25.7M |
|
639
United Airlines
UAL
$36.9B
| $58.9M | 0.02% |
879,971
-245,504
| -22% | -$13.6M |
|
640
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $58.6M | 0.02% |
1,589,500
+1,176,700
| +285% | +$44.6M |
|
|
VIAB
641
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $58.5M | 0.02% |
777,600
+517,200
| +199% | +$37.8M |
|
642
Ashland
ASH
$3.38B
| $58.5M | 0.02% |
997,893
-368,721
| -27% | -$19.9M |
|
643
Wheaton Precious Metals
WPM
$72.8B
| $58.4M | 0.02% |
2,874,806
-404,628
| -12% | -$8.05M |
|
644
CALL
NOV
NOV
$7.04B
| $58.3M | 0.02% |
889,700
+230,900
| +35% | +$16.1M |
|
645
American Airlines Group
AAL
$9.02B
| $58M | 0.02% |
1,082,107
-1,905,391
| -64% | -$82.1M |
|
646
CALL
Equinix
EQIX
$104B
| $57.9M | 0.02% |
255,400
-71,900
| -22% | -$15.5M |
|
|
BWLD
647
CALL
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $57.8M | 0.02% |
320,600
+53,200
| +20% | +$8.27M |
|
648
lululemon athletica
LULU
$13.9B
| $57.5M | 0.02% |
1,029,858
-286,547
| -22% | -$13.1M |
|
|
LNKD
649
DELISTED
LinkedIn Corporation
LNKD
| $57.4M | 0.02% |
250,044
+35,458
| +17% | +$7.69M |
|
650
Coca-Cola
KO
$396B
| $57.4M | 0.02% |
1,358,425
+255,956
| +23% | +$10.9M |
|
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.