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 | |
|---|---|---|---|---|---|---|
|
LO
901
CALL
DELISTED
LORILLARD INC COM STK
LO
| $36.7M | 0.01% |
583,600
-461,900
| -44% | -$28.6M |
|
|
ALTR
902
DELISTED
Altera Corp
ALTR
| $36.7M | 0.01% |
994,168
+22,838
| +2% | +$808K |
|
|
CBI
903
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $36.6M | 0.01% |
872,100
+228,500
| +36% | +$11.3M |
|
904
PUT
Fossil Group
FOSL
$329M
| $36.4M | 0.01% |
328,900
+7,800
| +2% | +$815K |
|
905
Medtronic
MDT
$119B
| $36.3M | 0.01% |
502,518
+59,033
| +13% | +$4.1M |
|
906
CALL
YPF Sociedad Anonima ADS
YPF
$20.1B
| $36.2M | 0.01% |
1,367,100
-520,600
| -28% | -$16.1M |
|
907
Broadcom
AVGO
$1.71T
| $36.1M | 0.01% |
3,585,970
-791,990
| -18% | -$7.08M |
|
908
CALL
Cigna
CI
$74.1B
| $36M | 0.01% |
349,900
+93,200
| +36% | +$9.18M |
|
909
PUT
Vanguard Real Estate ETF
VNQ
$39.3B
| $35.9M | 0.01% |
443,700
-164,400
| -27% | -$12.9M |
|
|
JOYY
910
PUT
JOYY Inc
JOYY
$3.7B
| $35.8M | 0.01% |
574,700
-448,100
| -44% | -$32.7M |
|
911
VF Corp
VFC
$5.63B
| $35.8M | 0.01% |
507,281
+253,251
| +100% | +$16.8M |
|
912
CALL
Tyson Foods
TSN
$20.4B
| $35.7M | 0.01% |
891,700
-247,300
| -22% | -$10M |
|
|
SPWR
913
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $35.7M | 0.01% |
2,110,925
+53,751
| +3% | +$997K |
|
|
MDVN
914
PUT
DELISTED
MEDIVATION, INC.
MDVN
| $35.6M | 0.01% |
715,800
-65,000
| -8% | -$3.38M |
|
915
PUT
Corning
GLW
$125B
| $35.5M | 0.01% |
1,549,500
-461,700
| -23% | -$9.4M |
|
916
PepsiCo
PEP
$197B
| $35.5M | 0.01% |
375,340
+116,044
| +45% | +$11.1M |
|
917
CALL
TripAdvisor
TRIP
$1.19B
| $35.4M | 0.01% |
474,800
-408,400
| -46% | -$31.9M |
|
|
RTN
918
CALL
DELISTED
Raytheon Company
RTN
| $35.4M | 0.01% |
327,300
+42,500
| +15% | +$4.39M |
|
919
PUT
CNX Resources
CNX
$5.4B
| $35.3M | 0.01% |
1,252,680
-19,800
| -2% | -$601K |
|
920
PUT
Restaurant Brands International
QSR
$28.4B
| $35.3M | 0.01% |
+775,500
| New | +$29.8M |
|
921
CALL
Wheaton Precious Metals
WPM
$72.8B
| $35.3M | 0.01% |
1,735,600
+953,100
| +122% | +$19M |
|
922
CALL
Nucor
NUE
$55.5B
| $35.2M | 0.01% |
717,600
-7,500
| -1% | -$390K |
|
923
PUT
State Street
STT
$52.4B
| $35.2M | 0.01% |
448,400
-64,200
| -13% | -$4.82M |
|
|
TWX
924
DELISTED
Time Warner Inc
TWX
| $35.2M | 0.01% |
412,074
-1,534,890
| -79% | -$122M |
|
|
OUTR
925
PUT
DELISTED
OUTERWALL INC
OUTR
| $35.1M | 0.01% |
466,900
-350,900
| -43% | -$22.5M |
|
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.