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 | |
|---|---|---|---|---|---|---|
1126
CALL
Fastenal
FAST
$58.1B
| $25.9M | 0.01% |
2,179,200
-1,186,000
| -35% | -$13.3M |
|
1127
PUT
KKR & Co
KKR
$96.2B
| $25.9M | 0.01% |
1,115,500
-474,800
| -30% | -$10.4M |
|
1128
TJX Companies
TJX
$155B
| $25.9M | 0.01% |
754,026
+171,588
| +29% | +$5.47M |
|
|
ATVI
1129
DELISTED
Activision Blizzard
ATVI
| $25.8M | 0.01% |
1,282,574
+541,010
| +73% | +$10.9M |
|
|
ODP
1130
DELISTED
ODP
ODP
| $25.8M | 0.01% |
301,035
+257,243
| +587% | +$16.4M |
|
|
AGU
1131
DELISTED
Agrium
AGU
| $25.8M | 0.01% |
272,351
-21,114
| -7% | -$1.98M |
|
1132
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.6B
| $25.8M | 0.01% |
377,200
-363,300
| -49% | -$24.3M |
|
|
XEC
1133
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $25.8M | 0.01% |
243,200
+188,300
| +343% | +$20.9M |
|
1134
PUT
Incyte
INCY
$26.4B
| $25.7M | 0.01% |
352,100
+36,000
| +11% | +$2.35M |
|
1135
iShares MSCI Japan ETF
EWJ
$22.6B
| $25.7M | 0.01% |
572,290
+233,142
| +69% | +$10.7M |
|
1136
Signet Jewelers
SIG
$3.25B
| $25.7M | 0.01% |
195,332
+86,725
| +80% | +$10.5M |
|
1137
CALL
Ulta Beauty
ULTA
$22.8B
| $25.7M | 0.01% |
200,700
-494,600
| -71% | -$60.6M |
|
1138
PUT
Emerson Electric
EMR
$87.4B
| $25.6M | 0.01% |
414,600
-21,200
| -5% | -$1.33M |
|
|
BBBY
1139
DELISTED
Bed Bath & Beyond Inc
BBBY
| $25.6M | 0.01% |
335,924
+166,723
| +99% | +$11.6M |
|
|
CEO
1140
DELISTED
CNOOC Limited
CEO
| $25.6M | 0.01% |
188,785
+148,309
| +366% | +$22.2M |
|
1141
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $25.5M | 0.01% |
747,700
-2,154,300
| -74% | -$68.3M |
|
1142
CALL
Cencora
COR
$61.9B
| $25.5M | 0.01% |
282,700
+132,800
| +89% | +$11.4M |
|
1143
CALL
Franco-Nevada
FNV
$52.5B
| $25.5M | 0.01% |
517,500
+138,300
| +36% | +$7.02M |
|
1144
CALL
H&R Block
HRB
$6.55B
| $25.5M | 0.01% |
755,800
-1,682,200
| -69% | -$53.9M |
|
1145
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$598M
| $25.4M | 0.01% |
1,033,573
+972,673
| +1,597% | +$23.9M |
|
1146
PUT
YPF Sociedad Anonima ADS
YPF
$19.6B
| $25.4M | 0.01% |
959,700
-741,100
| -44% | -$22.9M |
|
|
CONN
1147
CALL
DELISTED
Conn's Inc.
CONN
| $25.4M | 0.01% |
1,358,400
-277,900
| -17% | -$7.84M |
|
1148
NVIDIA
NVDA
$5.14T
| $25.4M | 0.01% |
50,647,680
-3,274,120
| -6% | -$1.59M |
|
1149
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.86B
| $25.4M | 0.01% |
1,044,000
+381,600
| +58% | +$9.22M |
|
|
BTU
1150
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $25.3M | 0.01% |
218,195
+38,831
| +22% | +$5.79M |
|
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.