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 | |
|---|---|---|---|---|---|---|
51
PUT
Goldman Sachs
GS
$303B
| $644M | 0.25% |
3,508,800
+131,800
| +4% | +$23.2M |
|
52
Gilead Sciences
GILD
$181B
| $636M | 0.24% |
5,977,129
-53,320
| -0.9% | -$5.22M |
|
53
PUT
General Motors
GM
$77.2B
| $636M | 0.24% |
19,897,000
+3,966,000
| +25% | +$138M |
|
54
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $614M | 0.24% |
14,137,200
+8,145,700
| +136% | +$403M |
|
|
55
Booking.com
BKNG
$158B
| $613M | 0.24% |
13,222,825
+7,443,100
| +129% | +$366M |
|
56
PUT
JPMorgan Chase
JPM
$935B
| $611M | 0.24% |
10,141,700
-159,800
| -2% | -$9.34M |
|
|
57
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $605M | 0.23% |
5,201,715
-5,923,584
| -53% | -$681M |
|
58
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $597M | 0.23% |
15,596,900
+7,526,000
| +93% | +$301M |
|
59
CALL
Baidu
BIDU
$31.6B
| $596M | 0.23% |
2,730,000
+55,700
| +2% | +$11.8M |
|
60
PUT
Intel
INTC
$476B
| $584M | 0.23% |
16,783,300
+2,570,400
| +18% | +$87M |
|
61
PUT
ExxonMobil
XOM
$679B
| $579M | 0.22% |
6,160,700
+1,353,800
| +28% | +$135M |
|
|
62
CALL
Intel
INTC
$476B
| $575M | 0.22% |
16,524,600
-3,447,800
| -17% | -$117M |
|
63
CALL
United Parcel Service
UPS
$86.8B
| $571M | 0.22% |
5,811,500
-556,800
| -9% | -$55.3M |
|
64
CALL
Citigroup
C
$221B
| $570M | 0.22% |
10,995,000
+2,601,200
| +31% | +$131M |
|
|
TWTR
65
PUT
DELISTED
Twitter, Inc.
TWTR
| $557M | 0.21% |
10,796,300
+2,276,900
| +27% | +$103M |
|
66
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $556M | 0.21% |
41,705,000
+160,000
| +0.4% | +$2.1M |
|
|
TWTR
67
CALL
DELISTED
Twitter, Inc.
TWTR
| $550M | 0.21% |
10,658,000
+1,190,300
| +13% | +$53.8M |
|
68
PUT
SPDR Gold Trust
GLD
$152B
| $549M | 0.21% |
4,725,940
-530
| -0% | -$65.3K |
|
|
69
Citigroup
C
$221B
| $535M | 0.21% |
10,319,957
-2,310,722
| -18% | -$116M |
|
70
PUT
Wynn Resorts
WYNN
$10.3B
| $513M | 0.2% |
2,743,700
+847,100
| +45% | +$167M |
|
|
71
PUT
McDonald's
MCD
$192B
| $511M | 0.2% |
5,391,900
+3,443,900
| +177% | +$328M |
|
|
CELG
72
PUT
DELISTED
Celgene Corp
CELG
| $498M | 0.19% |
5,249,000
+101,000
| +2% | +$9.11M |
|
|
WBA
73
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $489M | 0.19% |
8,257,800
+2,820,200
| +52% | +$185M |
|
74
CALL
Occidental Petroleum
OXY
$61.3B
| $485M | 0.19% |
5,269,182
+2,357,469
| +81% | +$226M |
|
|
75
CALL
Goldman Sachs
GS
$303B
| $485M | 0.19% |
2,640,700
+774,100
| +41% | +$136M |
|
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 $28.7B 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.