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 | |
|---|---|---|---|---|---|---|
1051
PUT
Cardinal Health
CAH
$54B
| $28.7M | 0.01% |
355,000
+145,800
| +70% | +$11.5M |
|
1052
CALL
iShares MSCI Germany ETF
EWG
$1.72B
| $28.6M | 0.01% |
1,043,700
-212,000
| -17% | -$5.79M |
|
|
NE
1053
CALL
DELISTED
Noble Corporation
NE
| $28.6M | 0.01% |
1,726,400
+554,500
| +47% | +$10.6M |
|
1054
GoPro
GPRO
$111M
| $28.5M | 0.01% |
450,759
+107,529
| +31% | +$7.92M |
|
1055
PUT
Broadcom
AVGO
$1.71T
| $28.5M | 0.01% |
2,829,000
-276,000
| -9% | -$2.47M |
|
1056
CALL
Sherwin-Williams
SHW
$84.2B
| $28.4M | 0.01% |
324,000
+18,900
| +6% | +$1.49M |
|
1057
AutoZone
AZO
$49.1B
| $28.4M | 0.01% |
45,873
+17,394
| +61% | +$9.8M |
|
1058
CALL
Assured Guaranty
AGO
$3.26B
| $28.4M | 0.01% |
1,092,700
-176,800
| -14% | -$4.26M |
|
1059
PUT
Enterprise Products Partners
EPD
$82.8B
| $28.4M | 0.01% |
785,900
+69,400
| +10% | +$2.57M |
|
1060
PUT
Canadian Pacific Kansas City
CP
$83.2B
| $28.4M | 0.01% |
736,500
-1,040,500
| -59% | -$41.2M |
|
|
ACHN
1061
PUT
DELISTED
Achillion Pharmaceuticals
ACHN
| $28.4M | 0.01% |
2,314,400
-373,600
| -14% | -$4.56M |
|
1062
Philip Morris
PM
$298B
| $28.3M | 0.01% |
347,308
-194,411
| -36% | -$16.7M |
|
1063
PUT
Honeywell
HON
$68.1B
| $28.3M | 0.01% |
314,838
-48,300
| -13% | -$4.16M |
|
|
K
1064
PUT
DELISTED
Kellanova
K
| $28.2M | 0.01% |
459,441
+99,471
| +28% | +$5.97M |
|
1065
PUT
Southwest Airlines
LUV
$19.9B
| $28.2M | 0.01% |
666,900
+301,000
| +82% | +$11.2M |
|
1066
CALL
Mercado Libre
MELI
$98.8B
| $28.2M | 0.01% |
220,600
-30,200
| -12% | -$3.81M |
|
|
BID
1067
PUT
DELISTED
Sotheby's
BID
| $28.1M | 0.01% |
651,700
-197,000
| -23% | -$7.78M |
|
1068
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $28.1M | 0.01% |
157,900
-33,117
| -17% | -$5.74M |
|
1069
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $28.1M | 0.01% |
262,200
+133,100
| +103% | +$13.8M |
|
|
ESV
1070
CALL
DELISTED
Ensco Rowan plc
ESV
| $28.1M | 0.01% |
234,225
+43,450
| +23% | +$6.23M |
|
1071
PUT
General Mills
GIS
$21.9B
| $28M | 0.01% |
524,900
+15,200
| +3% | +$786K |
|
1072
Vodafone
VOD
$36.9B
| $28M | 0.01% |
819,137
-759,109
| -48% | -$25.6M |
|
1073
PUT
Apollo Global Management
APO
$78.4B
| $28M | 0.01% |
1,186,400
-265,100
| -18% | -$6.11M |
|
|
INVN
1074
CALL
DELISTED
Invensense Inc
INVN
| $28M | 0.01% |
1,719,400
+720,300
| +72% | +$12.1M |
|
1075
PVH
PVH
$3.55B
| $27.9M | 0.01% |
217,895
+152,603
| +234% | +$18.3M |
|
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.