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 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.22% |
| 2 | Consumer Discretionary | 1.95% |
| 3 | Energy | 1.77% |
| 4 | Financials | 1.73% |
| 5 | Healthcare | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
CALL
Akamai
AKAM
$15.2B
| $54.4M | 0.02% |
910,200
-79,300
| -8% | -$4.77M |
|
702
CALL
Cummins
CMI
$78.8B
| $54.3M | 0.02% |
411,300
+140,300
| +52% | +$20.2M |
|
703
CALL
Seagate
STX
$186B
| $54.1M | 0.02% |
944,600
-156,900
| -14% | -$9.29M |
|
704
CALL
Bath & Body Works
BBWI
$3.54B
| $54M | 0.02% |
997,146
+571,618
| +134% | +$28.8M |
|
705
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $53.7M | 0.02% |
431,185
+107,590
| +33% | +$14.1M |
|
706
PUT
CME Group
CME
$99.7B
| $53.5M | 0.02% |
668,800
+201,700
| +43% | +$15.2M |
|
707
PUT
Ionis Pharmaceuticals
IONS
$10.6B
| $53.5M | 0.02% |
1,376,700
+95,000
| +7% | +$3.37M |
|
|
CTXS
708
CALL
DELISTED
Citrix Systems Inc
CTXS
| $53.3M | 0.02% |
938,711
-125,831
| -12% | -$6.84M |
|
|
JCP
709
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $53.3M | 0.02% |
5,306,900
+1,617,300
| +44% | +$15.9M |
|
710
CALL
Duke Energy
DUK
$94.8B
| $53.1M | 0.02% |
710,500
+199,600
| +39% | +$14.6M |
|
|
QEP
711
DELISTED
QEP RESOURCES, INC.
QEP
| $52.9M | 0.02% |
1,718,049
+262,177
| +18% | +$8.77M |
|
|
INVN
712
PUT
DELISTED
Invensense Inc
INVN
| $52.8M | 0.02% |
2,675,600
+1,830,900
| +217% | +$43.2M |
|
713
PUT
iShares Silver Trust
SLV
$33.5B
| $52.7M | 0.02% |
3,139,000
+704,500
| +29% | +$13.3M |
|
714
United Airlines
UAL
$38.1B
| $52.7M | 0.02% |
1,125,475
-377,930
| -25% | -$17.5M |
|
715
Qualcomm
QCOM
$169B
| $52.6M | 0.02% |
703,306
-165,948
| -19% | -$12.7M |
|
716
CALL
GSK
GSK
$104B
| $52.5M | 0.02% |
913,360
+328,160
| +56% | +$20.1M |
|
717
Chipotle Mexican Grill
CMG
$47.4B
| $52.4M | 0.02% |
3,928,600
+2,071,350
| +112% | +$27.1M |
|
718
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.57B
| $52.3M | 0.02% |
57,143
+14,538
| +34% | +$23.9M |
|
719
Trinity Industries
TRN
$2.36B
| $52.2M | 0.02% |
1,550,731
+614,241
| +66% | +$20.4M |
|
|
720
GSK
GSK
$104B
| $52.1M | 0.02% |
907,265
+700,560
| +339% | +$42.9M |
|
|
RAI
721
CALL
DELISTED
Reynolds American Inc
RAI
| $52.1M | 0.02% |
1,766,400
+70,600
| +4% | +$2.05M |
|
722
PUT
iShares National Muni Bond ETF
MUB
$45.6B
| $52M | 0.02% |
473,700
+211,100
| +80% | +$23M |
|
723
Vodafone
VOD
$37.3B
| $51.9M | 0.02% |
1,578,246
-594,951
| -27% | -$19.8M |
|
724
Target
TGT
$74.2B
| $51.9M | 0.02% |
827,415
-1,012,138
| -55% | -$61.3M |
|
725
CALL
Puma Biotechnology
PBYI
$481M
| $51.7M | 0.02% |
216,800
+67,100
| +45% | +$13.8M |
|
Similar funds
Jeff Yass's Q3 2014 Portfolio in Review
As of Q3 2014, Jeff Yass held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $28.8B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.6% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Jeff Yass's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Jeff Yass added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Jeff Yass's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Jeff Yass fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Jeff Yass's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Jeff Yass opened 983 new positions and closed 1,332 in Q3 2014.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.