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 | |
|---|---|---|---|---|---|---|
1026
PUT
Lowe's Companies
LOW
$122B
| $29.6M | 0.01% |
430,700
+137,900
| +47% | +$8.26M |
|
|
ICPT
1027
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $29.6M | 0.01% |
189,700
-93,700
| -33% | -$17.3M |
|
|
FDO
1028
PUT
DELISTED
FAMILY DOLLAR STORES
FDO
| $29.5M | 0.01% |
371,900
-72,100
| -16% | -$5.66M |
|
|
ALTR
1029
CALL
DELISTED
Altera Corp
ALTR
| $29.4M | 0.01% |
796,900
+62,900
| +9% | +$2.23M |
|
1030
PUT
Danaher
DHR
$151B
| $29.4M | 0.01% |
510,773
+152,354
| +43% | +$8.26M |
|
|
GGP
1031
CALL
DELISTED
GGP Inc.
GGP
| $29.3M | 0.01% |
1,041,900
+353,600
| +51% | +$9.19M |
|
|
BBBY
1032
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $29.3M | 0.01% |
384,300
-661,400
| -63% | -$46.2M |
|
1033
CALL
Range Resources
RRC
$9.64B
| $29.1M | 0.01% |
543,500
+90,500
| +20% | +$5.85M |
|
|
ANDV
1034
DELISTED
Andeavor
ANDV
| $29M | 0.01% |
390,605
+334,447
| +596% | +$23.6M |
|
1035
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $29M | 0.01% |
804,600
-252,600
| -24% | -$8.66M |
|
1036
CALL
Suncor Energy
SU
$78.8B
| $29M | 0.01% |
912,000
+410,200
| +82% | +$13.6M |
|
1037
PNC Financial Services
PNC
$97.2B
| $29M | 0.01% |
317,619
+131,528
| +71% | +$11.4M |
|
1038
Ulta Beauty
ULTA
$23.2B
| $29M | 0.01% |
226,559
+139,864
| +161% | +$17.1M |
|
|
BNY
1039
Bank of New York Mellon
BNY
$110B
| $28.9M | 0.01% |
712,828
+261,912
| +58% | +$10.2M |
|
|
BTU
1040
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $28.9M | 0.01% |
249,020
-69,447
| -22% | -$10.4M |
|
|
AMTD
1041
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $28.9M | 0.01% |
807,800
-1,203,600
| -60% | -$40.8M |
|
1042
Air Products & Chemicals
APD
$68.2B
| $28.9M | 0.01% |
216,321
-757,814
| -78% | -$95.8M |
|
|
NUAN
1043
PUT
DELISTED
Nuance Communications, Inc.
NUAN
| $28.7M | 0.01% |
2,326,863
+240,471
| +12% | +$3.09M |
|
|
JOY
1044
PUT
DELISTED
Joy Global Inc
JOY
| $28.7M | 0.01% |
617,900
+206,100
| +50% | +$10.5M |
|
1045
UnitedHealth
UNH
$358B
| $28.7M | 0.01% |
284,043
+51,419
| +22% | +$4.87M |
|
1046
PUT
ProShares UltraShort Silver
ZSL
$59.6M
| $28.7M | 0.01% |
3,005
+884
| +42% | +$7.93M |
|
1047
PUT
Fluor
FLR
$6.86B
| $28.7M | 0.01% |
473,300
+29,000
| +7% | +$1.83M |
|
|
BITA
1048
PUT
DELISTED
Bitauto Holdings Limited
BITA
| $28.7M | 0.01% |
407,400
+33,400
| +9% | +$2.57M |
|
|
LUMO
1049
CALL
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $28.7M | 0.01% |
80,144
+26,455
| +49% | +$7.87M |
|
1050
PUT
Copa Holdings
CPA
$5.95B
| $28.7M | 0.01% |
276,600
+124,900
| +82% | +$13.3M |
|
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.