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 | |
|---|---|---|---|---|---|---|
726
PUT
General Dynamics
GD
$104B
| $49.8M | 0.02% |
361,500
+105,500
| +41% | +$14.4M |
|
727
CALL
Kimberly-Clark
KMB
$37B
| $49.5M | 0.02% |
428,400
-242,562
| -36% | -$26.9M |
|
728
PUT
AstraZeneca
AZN
$259B
| $49.4M | 0.02% |
701,800
-1,075,100
| -61% | -$77M |
|
|
VMW
729
DELISTED
VMware, Inc
VMW
| $49.3M | 0.02% |
597,771
+243,694
| +69% | +$20.8M |
|
730
APA Corp
APA
$15.1B
| $49.2M | 0.02% |
784,923
+620,030
| +376% | +$44.1M |
|
731
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $49.2M | 0.02% |
2,054,500
-773,700
| -27% | -$21.3M |
|
732
Petrobras
PBR
$120B
| $49.1M | 0.02% |
6,719,310
+893,134
| +15% | +$9.62M |
|
733
CALL
First Solar
FSLR
$22.4B
| $48.3M | 0.02% |
1,083,200
-1,344,700
| -55% | -$68.5M |
|
734
CALL
Deckers Outdoor
DECK
$12.5B
| $48.3M | 0.02% |
3,183,000
+233,400
| +8% | +$3.55M |
|
735
VanEck Oil Services ETF
OIH
$1.94B
| $48.2M | 0.02% |
67,114
+58,900
| +717% | +$48.9M |
|
736
CALL
Stanley Black & Decker
SWK
$14.9B
| $48.2M | 0.02% |
501,500
+37,300
| +8% | +$3.44M |
|
737
PUT
SiriusXM
SIRI
$9.59B
| $48.2M | 0.02% |
1,376,220
-92,450
| -6% | -$3.18M |
|
|
SHPG
738
PUT
DELISTED
Shire pic
SHPG
| $48.1M | 0.02% |
226,100
-33,600
| -13% | -$7.13M |
|
|
RAX
739
CALL
DELISTED
Rackspace Hosting Inc
RAX
| $47.6M | 0.02% |
1,016,200
-830,700
| -45% | -$34.2M |
|
|
TFCFA
740
CALL
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $47.6M | 0.02% |
1,238,300
-779,300
| -39% | -$27.6M |
|
741
CALL
Bath & Body Works
BBWI
$3.86B
| $47.4M | 0.02% |
678,123
-319,023
| -32% | -$19.7M |
|
|
742
CALL
General Dynamics
GD
$104B
| $47.3M | 0.02% |
343,400
+10,900
| +3% | +$1.48M |
|
|
LL
743
CALL
DELISTED
LL Flooring Holdings, Inc.
LL
| $47.2M | 0.02% |
712,400
+385,400
| +118% | +$22.3M |
|
744
State Street SPDR S&P Retail ETF
XRT
$329M
| $47.2M | 0.02% |
983,050
+696,000
| +242% | +$31.2M |
|
|
SAVE
745
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $47.1M | 0.02% |
623,500
+331,700
| +114% | +$23.7M |
|
|
VER
746
PUT
DELISTED
VEREIT, Inc.
VER
| $47.1M | 0.02% |
1,039,980
+775,860
| +294% | +$38M |
|
747
Home Depot
HD
$336B
| $46.9M | 0.02% |
447,055
+214,464
| +92% | +$20.8M |
|
748
Banco Santander
SAN
$214B
| $46.9M | 0.02% |
6,066,616
+247,057
| +4% | +$1.98M |
|
|
MWE
749
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $46.8M | 0.02% |
696,842
-617,904
| -47% | -$43.1M |
|
|
RKT
750
CALL
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $46.8M | 0.02% |
767,800
-87,000
| -10% | -$4.72M |
|
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.