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 | |
|---|---|---|---|---|---|---|
776
CALL
Energy Transfer Partners
ET
$72.6B
| $45M | 0.02% |
1,568,400
+343,000
| +28% | +$9.88M |
|
|
CXO
777
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $44.9M | 0.02% |
450,100
+299,500
| +199% | +$31.4M |
|
778
CALL
Diageo
DEO
$53.4B
| $44.9M | 0.02% |
393,200
+167,300
| +74% | +$19.4M |
|
|
PNRA
779
CALL
DELISTED
Panera Bread Co
PNRA
| $44.7M | 0.02% |
255,900
-125,900
| -33% | -$21M |
|
|
SLXP
780
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $44.6M | 0.02% |
388,293
+19,280
| +5% | +$2.34M |
|
781
CALL
BHP
BHP
$247B
| $44.6M | 0.02% |
1,113,470
+330,434
| +42% | +$15.2M |
|
|
AMTD
782
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $44.5M | 0.02% |
1,244,400
+1,011,600
| +435% | +$34.3M |
|
783
CALL
GSK
GSK
$104B
| $44.3M | 0.02% |
828,800
-84,560
| -9% | -$4.73M |
|
|
VER
784
CALL
DELISTED
VEREIT, Inc.
VER
| $44.2M | 0.02% |
977,040
+792,460
| +429% | +$38.8M |
|
785
CALL
CME Group
CME
$100B
| $44M | 0.02% |
496,800
-461,600
| -48% | -$39.1M |
|
786
Colgate-Palmolive
CL
$73.8B
| $44M | 0.02% |
635,905
-214,822
| -25% | -$14.5M |
|
787
Newmont
NEM
$139B
| $44M | 0.02% |
2,325,793
+247,144
| +12% | +$4.98M |
|
788
PUT
T-Mobile US
TMUS
$196B
| $43.9M | 0.02% |
1,630,400
-790,600
| -33% | -$21.9M |
|
|
NFX
789
CALL
DELISTED
Newfield Exploration
NFX
| $43.9M | 0.02% |
1,619,100
+629,000
| +64% | +$18.7M |
|
790
CALL
Trip.com Group
TCOM
$29B
| $43.9M | 0.02% |
1,927,600
+105,400
| +6% | +$2.76M |
|
|
EMES
791
PUT
DELISTED
Emerge Energy Services LP
EMES
| $43.8M | 0.02% |
811,700
+159,600
| +24% | +$12M |
|
792
PUT
Bath & Body Works
BBWI
$3.86B
| $43.8M | 0.02% |
626,293
+205,218
| +49% | +$12.7M |
|
|
793
PUT
CME Group
CME
$100B
| $43.8M | 0.02% |
494,100
-174,700
| -26% | -$14.8M |
|
794
CALL
Community Health Systems
CYH
$424M
| $43.7M | 0.02% |
980,584
+515,581
| +111% | +$22.1M |
|
795
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $43.4M | 0.02% |
1,084,800
-327,500
| -23% | -$13.5M |
|
796
Viatris
VTRS
$19B
| $43.2M | 0.02% |
767,177
-581,542
| -43% | -$31.2M |
|
797
Masco
MAS
$14.4B
| $43.2M | 0.02% |
1,951,495
+225,915
| +13% | +$4.67M |
|
798
CALL
Dillards
DDS
$10B
| $43.2M | 0.02% |
345,000
+189,400
| +122% | +$21.1M |
|
799
PUT
Ulta Beauty
ULTA
$23.2B
| $43.2M | 0.02% |
337,800
-155,700
| -32% | -$19.1M |
|
800
CALL
Corning
GLW
$125B
| $43.1M | 0.02% |
1,881,600
+384,800
| +26% | +$7.84M |
|
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.