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 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.22% |
| 2 | Consumer Discretionary | 1.95% |
| 3 | Energy | 1.77% |
| 4 | Financials | 1.73% |
| 5 | Healthcare | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
iShares National Muni Bond ETF
MUB
$45.6B
| $32.5M | 0.01% |
+296,550
| New | +$32.3M |
|
1002
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $32.5M | 0.01% |
191,017
+15,592
| +9% | +$2.64M |
|
|
MRO
1003
CALL
DELISTED
Marathon Oil Corporation
MRO
| $32.5M | 0.01% |
863,600
+64,400
| +8% | +$2.55M |
|
1004
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$461M
| $32.4M | 0.01% |
365,300
+171,900
| +89% | +$16.1M |
|
1005
Trip.com Group
TCOM
$29B
| $32.4M | 0.01% |
1,142,270
+984,476
| +624% | +$31.2M |
|
1006
TripAdvisor
TRIP
$1.18B
| $32.4M | 0.01% |
354,206
+64,814
| +22% | +$6.42M |
|
1007
PUT
American Tower
AMT
$83.2B
| $32.4M | 0.01% |
345,700
-71,500
| -17% | -$6.8M |
|
|
CONN
1008
PUT
DELISTED
Conn's Inc.
CONN
| $32.4M | 0.01% |
1,068,900
+712,100
| +200% | +$27.7M |
|
1009
CALL
Paychex
PAYX
$44.5B
| $32.3M | 0.01% |
731,500
+238,500
| +48% | +$10M |
|
|
1010
Weyerhaeuser
WY
$17.6B
| $32.2M | 0.01% |
1,009,469
-22,944,602
| -96% | -$752M |
|
1011
GoPro
GPRO
$112M
| $32.2M | 0.01% |
+343,230
| New | +$17.5M |
|
|
COV
1012
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $32.1M | 0.01% |
371,291
+105,410
| +40% | +$9.34M |
|
|
RDS.A
1013
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $32.1M | 0.01% |
451,377
+7,495
| +2% | +$562K |
|
1014
PUT
Darden Restaurants
DRI
$25B
| $32M | 0.01% |
696,051
-97,550
| -12% | -$4.12M |
|
1015
CALL
AB InBev
BUD
$155B
| $32M | 0.01% |
288,700
+100
| +0% | +$11.2K |
|
|
PCYC
1016
DELISTED
PHARMACYCLICS INC
PCYC
| $31.9M | 0.01% |
272,083
-346,942
| -56% | -$39.5M |
|
1017
PUT
Stanley Black & Decker
SWK
$14.9B
| $31.9M | 0.01% |
359,700
+103,300
| +40% | +$9.24M |
|
|
1018
CALL
American Tower
AMT
$83.2B
| $31.9M | 0.01% |
340,900
-24,100
| -7% | -$2.29M |
|
1019
PUT
Canadian Natural Resources
CNQ
$102B
| $31.9M | 0.01% |
1,698,276
+460,458
| +37% | +$9.51M |
|
|
S
1020
DELISTED
Sprint Corporation
S
| $31.8M | 0.01% |
5,014,120
+2,789,331
| +125% | +$19M |
|
1021
CALL
United Therapeutics
UTHR
$22.2B
| $31.7M | 0.01% |
246,700
+31,300
| +15% | +$3.23M |
|
|
HOT
1022
PUT
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $31.7M | 0.01% |
380,700
-40,800
| -10% | -$3.36M |
|
1023
CALL
NiSource
NI
$19.5B
| $31.7M | 0.01% |
1,965,758
+984,151
| +100% | +$15M |
|
1024
CALL
Stryker
SYK
$127B
| $31.6M | 0.01% |
391,800
+31,800
| +9% | +$2.62M |
|
|
ONIT
1025
PUT
Onity Group
ONIT
$294M
| $31.6M | 0.01% |
80,460
-22,560
| -22% | -$10.2M |
|
Similar funds
Jeff Yass's Q3 2014 Portfolio in Review
As of Q3 2014, Jeff Yass held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $28.8B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.6% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Jeff Yass's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Jeff Yass added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Jeff Yass's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Jeff Yass fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Jeff Yass's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Jeff Yass opened 983 new positions and closed 1,332 in Q3 2014.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.