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 | |
|---|---|---|---|---|---|---|
1001
PUT
Air Products & Chemicals
APD
$68.2B
| $31.2M | 0.01% |
233,496
-332,732
| -59% | -$42.1M |
|
1002
CALL
Broadcom
AVGO
$1.71T
| $31.1M | 0.01% |
3,089,000
+1,946,000
| +170% | +$17.4M |
|
1003
CALL
Hartford Financial Services
HIG
$37.6B
| $31M | 0.01% |
744,100
+94,400
| +15% | +$3.73M |
|
1004
PUT
W.W. Grainger
GWW
$62.3B
| $31M | 0.01% |
121,600
-8,600
| -7% | -$2.12M |
|
1005
iShares MSCI Mexico ETF
EWW
$1.79B
| $31M | 0.01% |
521,495
+449,735
| +627% | +$28.9M |
|
1006
Northern Trust Morningstar Global Upstream Natural Resources ETF
GUNR
$7.37B
| $31M | 0.01% |
+1,011,289
| New | +$32.9M |
|
|
AET
1007
PUT
DELISTED
Aetna Inc
AET
| $30.9M | 0.01% |
348,300
-394,900
| -53% | -$33.1M |
|
1008
PUT
PNC Financial Services
PNC
$97.2B
| $30.6M | 0.01% |
335,600
-97,700
| -23% | -$8.47M |
|
|
RDS.A
1009
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $30.6M | 0.01% |
489,491
+38,114
| +8% | +$2.46M |
|
1010
CALL
Eastman Chemical
EMN
$8.31B
| $30.5M | 0.01% |
401,700
-24,200
| -6% | -$1.91M |
|
1011
CALL
CarMax
KMX
$8.91B
| $30.4M | 0.01% |
456,900
+279,400
| +157% | +$15.5M |
|
1012
CALL
HF Sinclair
DINO
$16.9B
| $30.4M | 0.01% |
811,600
-167,900
| -17% | -$7M |
|
1013
WisdomTree India Earnings Fund ETF
EPI
$2.02B
| $30.3M | 0.01% |
1,371,988
+1,010,963
| +280% | +$22.7M |
|
1014
CALL
Toll Brothers
TOL
$13.8B
| $30.3M | 0.01% |
882,700
+267,300
| +43% | +$8.72M |
|
1015
PUT
Darden Restaurants
DRI
$25.6B
| $30.2M | 0.01% |
577,134
-118,917
| -17% | -$5.76M |
|
1016
PUT
Annaly Capital Management
NLY
$17.5B
| $30.2M | 0.01% |
699,500
-31,950
| -4% | -$1.44M |
|
|
DATA
1017
CALL
DELISTED
Tableau Software, Inc.
DATA
| $30.2M | 0.01% |
356,000
-19,200
| -5% | -$1.53M |
|
1018
Ionis Pharmaceuticals
IONS
$10.3B
| $30.1M | 0.01% |
488,254
-231,059
| -32% | -$11.4M |
|
1019
CALL
EQT Corp
EQT
$33.6B
| $30.1M | 0.01% |
729,289
+96,626
| +15% | +$4.57M |
|
1020
CALL
RH
RH
$2.71B
| $29.9M | 0.01% |
311,800
-33,300
| -10% | -$2.79M |
|
1021
Vanguard Total Bond Market
BND
$161B
| $29.8M | 0.01% |
+362,274
| New | +$29.9M |
|
1022
Vanguard FTSE Developed Markets ETF
VEA
$238B
| $29.8M | 0.01% |
786,223
+222,944
| +40% | +$8.63M |
|
1023
Abbott
ABT
$202B
| $29.8M | 0.01% |
660,986
+63,426
| +11% | +$2.76M |
|
1024
Toyota
TM
$229B
| $29.7M | 0.01% |
236,950
-156,204
| -40% | -$18.8M |
|
1025
Cleveland-Cliffs
CLF
$6.45B
| $29.6M | 0.01% |
4,150,631
+1,955,832
| +89% | +$17M |
|
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.