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 | |
|---|---|---|---|---|---|---|
|
LINE
951
PUT
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $33.8M | 0.01% |
3,340,100
+1,959,600
| +142% | +$40.3M |
|
952
CALL
JD.com
JD
$39.4B
| $33.8M | 0.01% |
1,461,300
+705,800
| +93% | +$17.4M |
|
|
DFS
953
CALL
DELISTED
Discover Financial Services
DFS
| $33.8M | 0.01% |
515,700
-64,800
| -11% | -$4.16M |
|
954
CALL
HSBC
HSBC
$357B
| $33.8M | 0.01% |
829,919
+249,289
| +43% | +$10.6M |
|
|
LUMO
955
PUT
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $33.7M | 0.01% |
94,300
+22,544
| +31% | +$6.71M |
|
956
PUT
Puma Biotechnology
PBYI
$471M
| $33.7M | 0.01% |
178,200
-88,200
| -33% | -$19.6M |
|
957
PUT
Golar LNG
GLNG
$5.25B
| $33.7M | 0.01% |
923,900
+38,600
| +4% | +$1.83M |
|
958
Stratasys
SSYS
$670M
| $33.6M | 0.01% |
404,803
+247,189
| +157% | +$25.3M |
|
|
TTM
959
PUT
DELISTED
Tata Motors Limited
TTM
| $33.6M | 0.01% |
795,600
+134,100
| +20% | +$5.98M |
|
960
CALL
Ciena
CIEN
$52.7B
| $33.6M | 0.01% |
1,731,600
+623,100
| +56% | +$10.4M |
|
961
PUT
ASML
ASML
$668B
| $33.5M | 0.01% |
311,000
+90,800
| +41% | +$9.21M |
|
962
CALL
ProShares UltraPro S&P 500
UPRO
$5.45B
| $33.5M | 0.01% |
3,033,600
-642,000
| -17% | -$6.63M |
|
963
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$260M
| $33.4M | 0.01% |
55,240
-14,410
| -21% | -$10.4M |
|
964
CALL
Digital Realty Trust
DLR
$69.8B
| $33.4M | 0.01% |
503,300
+418,400
| +493% | +$27.9M |
|
965
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $33.4M | 0.01% |
1,373,686
+505,910
| +58% | +$12.2M |
|
966
CALL
Motorola Solutions
MSI
$79.7B
| $33.2M | 0.01% |
495,400
+160,000
| +48% | +$10.2M |
|
967
CALL
Travelers Companies
TRV
$77.3B
| $33.2M | 0.01% |
313,900
+139,600
| +80% | +$14.1M |
|
|
MJN
968
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $33.1M | 0.01% |
329,700
-445,500
| -57% | -$44.4M |
|
969
iShares Biotechnology ETF
IBB
$10.7B
| $32.9M | 0.01% |
325,041
-449,880
| -58% | -$43.7M |
|
970
PUT
Exelon
EXC
$45.7B
| $32.8M | 0.01% |
1,241,611
-1,209,085
| -49% | -$31M |
|
971
Yum! Brands
YUM
$42.9B
| $32.7M | 0.01% |
625,318
-103,089
| -14% | -$5.37M |
|
972
PUT
NVIDIA
NVDA
$5.05T
| $32.7M | 0.01% |
65,328,000
-14,504,000
| -18% | -$7.06M |
|
973
PUT
AGNC Investment
AGNC
$13B
| $32.5M | 0.01% |
1,486,800
-1,353,500
| -48% | -$30.5M |
|
|
MDVN
974
CALL
DELISTED
MEDIVATION, INC.
MDVN
| $32.4M | 0.01% |
651,000
-44,400
| -6% | -$2.31M |
|
975
CALL
Illumina
ILMN
$33.7B
| $32.4M | 0.01% |
180,517
-174,554
| -49% | -$30.8M |
|
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.