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 | |
|---|---|---|---|---|---|---|
926
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.82B
| $35.1M | 0.01% |
1,598,800
+1,020,800
| +177% | +$20.9M |
|
927
CALL
Waste Management
WM
$90.5B
| $35M | 0.01% |
682,700
-235,300
| -26% | -$11.5M |
|
928
PUT
Harley-Davidson
HOG
$2.94B
| $35M | 0.01% |
530,700
+155,200
| +41% | +$10M |
|
|
929
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $34.9M | 0.01% |
889,159
-33,766,024
| -97% | -$1.37B |
|
930
CALL
Cboe Global Markets
CBOE
$32.2B
| $34.9M | 0.01% |
550,200
+72,200
| +15% | +$4.31M |
|
931
PUT
US Bancorp
USB
$97.3B
| $34.7M | 0.01% |
771,600
-413,300
| -35% | -$17.8M |
|
932
3M
MMM
$92.3B
| $34.6M | 0.01% |
251,821
+124,342
| +98% | +$16M |
|
933
CALL
Toyota
TM
$229B
| $34.6M | 0.01% |
275,600
+123,800
| +82% | +$14.9M |
|
934
Palo Alto Networks
PANW
$286B
| $34.6M | 0.01% |
1,692,660
-902,382
| -35% | -$16.6M |
|
|
INVN
935
PUT
DELISTED
Invensense Inc
INVN
| $34.5M | 0.01% |
2,123,500
-552,100
| -21% | -$9.27M |
|
|
ONIT
936
PUT
Onity Group
ONIT
$299M
| $34.5M | 0.01% |
152,360
+71,900
| +89% | +$23.4M |
|
|
SINA
937
CALL
DELISTED
Sina Corp
SINA
| $34.5M | 0.01% |
921,400
-654,800
| -42% | -$25.4M |
|
938
CALL
BlackBerry
BB
$4.48B
| $34.4M | 0.01% |
3,135,500
-458,000
| -13% | -$4.69M |
|
|
BEAV
939
DELISTED
B/E Aerospace Inc
BEAV
| $34.3M | 0.01% |
590,517
-30,796
| -5% | -$1.72M |
|
|
VIAB
940
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $34.3M | 0.01% |
455,300
+9,000
| +2% | +$658K |
|
941
PUT
Sherwin-Williams
SHW
$84.2B
| $34.2M | 0.01% |
390,600
+36,900
| +10% | +$2.91M |
|
942
CALL
Trinity Industries
TRN
$2.37B
| $34.2M | 0.01% |
1,697,775
+500,179
| +42% | +$12.1M |
|
943
PUT
American Tower
AMT
$83.1B
| $34.2M | 0.01% |
345,600
-100
| -0% | -$9.82K |
|
|
EMC
944
DELISTED
EMC CORPORATION
EMC
| $34.1M | 0.01% |
1,146,084
-839,928
| -42% | -$24.4M |
|
945
CALL
Nu Skin
NUS
$232M
| $34M | 0.01% |
778,900
+298,500
| +62% | +$13.2M |
|
946
PUT
Suncor Energy
SU
$78.8B
| $34M | 0.01% |
1,068,400
-88,100
| -8% | -$2.91M |
|
947
PUT
Zimmer Biomet
ZBH
$19.3B
| $33.9M | 0.01% |
307,970
+55,311
| +22% | +$5.83M |
|
|
ACHN
948
CALL
DELISTED
Achillion Pharmaceuticals
ACHN
| $33.9M | 0.01% |
2,768,400
+846,900
| +44% | +$10.3M |
|
|
HOT
949
PUT
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $33.9M | 0.01% |
418,100
+37,400
| +10% | +$2.92M |
|
950
Abercrombie & Fitch
ANF
$4.99B
| $33.9M | 0.01% |
1,183,168
+674,661
| +133% | +$20.7M |
|
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.