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 | |
|---|---|---|---|---|---|---|
851
CALL
Rio Tinto
RIO
$170B
| $39.1M | 0.02% |
849,100
-172,800
| -17% | -$8.15M |
|
852
Trip.com Group
TCOM
$29B
| $39.1M | 0.02% |
1,717,070
+574,800
| +50% | +$15.1M |
|
853
Advanced Micro Devices
AMD
$746B
| $39M | 0.02% |
14,619,639
+3,724,604
| +34% | +$10.2M |
|
854
CALL
Whirlpool
WHR
$2.62B
| $38.9M | 0.02% |
201,000
-215,800
| -52% | -$37.1M |
|
855
CALL
Cemex
CX
$15.9B
| $38.9M | 0.02% |
4,297,948
+385,370
| +10% | +$4.01M |
|
856
PUT
VanEck Semiconductor ETF
SMH
$64.8B
| $38.9M | 0.02% |
1,424,200
+1,262,800
| +782% | +$32.9M |
|
|
SDRL
857
DELISTED
Seadrill Limited Common Stock
SDRL
| $38.9M | 0.02% |
12,160
+8,691
| +251% | +$43.6M |
|
858
PUT
HF Sinclair
DINO
$16.9B
| $38.8M | 0.02% |
1,036,500
+413,300
| +66% | +$17.2M |
|
859
PUT
MGIC Investment
MTG
$6.38B
| $38.7M | 0.02% |
4,151,900
-1,608,100
| -28% | -$14.1M |
|
860
Simon Property Group
SPG
$71.4B
| $38.7M | 0.02% |
212,350
+92,784
| +78% | +$16.5M |
|
861
PUT
The Mosaic Company
MOS
$7.63B
| $38.7M | 0.02% |
847,100
-65,900
| -7% | -$2.92M |
|
862
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $38.6M | 0.02% |
333,575
+313,932
| +1,598% | +$37.3M |
|
863
CALL
Agnico Eagle Mines
AEM
$110B
| $38.6M | 0.02% |
1,551,200
+577,700
| +59% | +$15M |
|
864
CALL
Macy's
M
$6.1B
| $38.6M | 0.02% |
587,000
+161,300
| +38% | +$9.76M |
|
865
CALL
Air Products & Chemicals
APD
$68.2B
| $38.5M | 0.02% |
288,843
-412,402
| -59% | -$52.2M |
|
|
PETM
866
CALL
DELISTED
PETSMART INC
PETM
| $38.5M | 0.02% |
473,800
-34,500
| -7% | -$2.55M |
|
867
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $38.4M | 0.02% |
1,606,500
-983,100
| -38% | -$27M |
|
|
SUNE
868
PUT
DELISTED
SUNEDISON, INC COM
SUNE
| $38.4M | 0.02% |
1,968,800
-643,100
| -25% | -$12.2M |
|
|
RTN
869
PUT
DELISTED
Raytheon Company
RTN
| $38.3M | 0.02% |
354,400
-2,600
| -0.7% | -$268K |
|
|
RFMD
870
DELISTED
RF MICRO DEVICES INC
RFMD
| $38.3M | 0.02% |
2,306,903
+62,317
| +3% | +$832K |
|
871
PUT
Deutsche Bank
DB
$72.2B
| $38.3M | 0.02% |
1,427,440
-592,144
| -29% | -$16.6M |
|
872
CALL
Southern Company
SO
$104B
| $38.2M | 0.02% |
778,500
-156,900
| -17% | -$7.41M |
|
873
Ambarella
AMBA
$3.07B
| $38.1M | 0.02% |
751,700
+526,807
| +234% | +$24.6M |
|
874
PUT
Synaptics
SYNA
$3.66B
| $38M | 0.02% |
551,600
-83,500
| -13% | -$5.59M |
|
875
Walt Disney
DIS
$191B
| $37.9M | 0.02% |
402,834
-930,086
| -70% | -$83.9M |
|
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.