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 | |
|---|---|---|---|---|---|---|
701
Pfizer
PFE
$159B
| $51.9M | 0.02% |
1,755,614
-4,046,760
| -70% | -$116M |
|
702
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $51.8M | 0.02% |
6,460,800
-1,433,600
| -18% | -$11M |
|
703
PUT
Abbott
ABT
$202B
| $51.7M | 0.02% |
1,149,200
-18,200
| -2% | -$793K |
|
704
PUT
Macy's
M
$6.1B
| $51.6M | 0.02% |
784,400
+445,300
| +131% | +$26.9M |
|
705
CALL
General Mills
GIS
$21.9B
| $51.5M | 0.02% |
965,300
+280,100
| +41% | +$14.5M |
|
706
Danaher
DHR
$151B
| $51.4M | 0.02% |
892,738
+420,140
| +89% | +$22.8M |
|
707
PUT
iShares MSCI Mexico ETF
EWW
$1.79B
| $51.3M | 0.02% |
864,100
+115,400
| +15% | +$7.42M |
|
708
CALL
NXP Semiconductors
NXPI
$56.1B
| $51.2M | 0.02% |
670,800
+217,400
| +48% | +$15.4M |
|
709
CALL
Herc Holdings
HRI
$5.28B
| $51.2M | 0.02% |
684,833
-180,267
| -21% | -$12.2M |
|
|
GPOR
710
CALL
DELISTED
Gulfport Energy Corp.
GPOR
| $51.2M | 0.02% |
1,227,000
+838,400
| +216% | +$39.2M |
|
711
EOG Resources
EOG
$78.8B
| $51M | 0.02% |
553,489
+125,910
| +29% | +$11.7M |
|
712
Chevron
CVX
$398B
| $50.9M | 0.02% |
453,301
-530,679
| -54% | -$60.3M |
|
713
PUT
Assured Guaranty
AGO
$3.26B
| $50.7M | 0.02% |
1,951,100
+338,700
| +21% | +$8.16M |
|
|
SPLK
714
CALL
DELISTED
Splunk Inc
SPLK
| $50.7M | 0.02% |
859,700
+48,600
| +6% | +$2.98M |
|
715
CALL
Freeport-McMoran
FCX
$112B
| $50.6M | 0.02% |
2,168,100
-479,200
| -18% | -$13.2M |
|
716
CALL
Kohl's
KSS
$2.08B
| $50.6M | 0.02% |
829,000
+213,000
| +35% | +$12.3M |
|
717
CALL
Perrigo
PRGO
$1.98B
| $50.6M | 0.02% |
302,600
+132,900
| +78% | +$20.8M |
|
|
AGU
718
PUT
DELISTED
Agrium
AGU
| $50.5M | 0.02% |
533,600
+5,500
| +1% | +$515K |
|
719
CALL
Seagate
STX
$180B
| $50.4M | 0.02% |
758,000
-186,600
| -20% | -$11.6M |
|
720
CALL
NextEra Energy
NEE
$175B
| $50.4M | 0.02% |
1,895,200
-1,076,400
| -36% | -$27.2M |
|
721
CALL
Jazz Pharmaceuticals
JAZZ
$16.5B
| $50.3M | 0.02% |
307,500
-75,500
| -20% | -$12.5M |
|
|
MON
722
DELISTED
Monsanto Co
MON
| $50.3M | 0.02% |
421,010
-73,808
| -15% | -$8.57M |
|
723
Devon Energy
DVN
$53.1B
| $50.2M | 0.02% |
819,365
-969,365
| -54% | -$58.8M |
|
|
EMES
724
CALL
DELISTED
Emerge Energy Services LP
EMES
| $50M | 0.02% |
926,700
+528,400
| +133% | +$39.7M |
|
725
Illumina
ILMN
$33.7B
| $49.9M | 0.02% |
277,965
+198,895
| +252% | +$35.1M |
|
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.