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 | |
|---|---|---|---|---|---|---|
|
ATVI
1151
PUT
DELISTED
Activision Blizzard
ATVI
| $25.3M | 0.01% |
1,256,500
-212,700
| -14% | -$4.29M |
|
1152
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $25.3M | 0.01% |
632,400
+71,700
| +13% | +$2.95M |
|
1153
PUT
Thermo Fisher Scientific
TMO
$232B
| $25.3M | 0.01% |
201,700
-18,100
| -8% | -$2.2M |
|
1154
KKR & Co
KKR
$95.4B
| $25.2M | 0.01% |
1,085,469
+177,250
| +20% | +$3.88M |
|
1155
iShares MSCI United Kingdom ETF
EWU
$3.85B
| $25.1M | 0.01% |
697,152
+662,565
| +1,916% | +$24.8M |
|
|
PCYC
1156
DELISTED
PHARMACYCLICS INC
PCYC
| $25.1M | 0.01% |
205,345
-66,738
| -25% | -$8.53M |
|
1157
CALL
Travel + Leisure Co
TNL
$4.45B
| $25.1M | 0.01% |
647,888
+372,563
| +135% | +$13.5M |
|
1158
Kroger
KR
$35.8B
| $25.1M | 0.01% |
780,816
+129,958
| +20% | +$3.76M |
|
|
LVLT
1159
PUT
DELISTED
Level 3 Communications Inc
LVLT
| $25M | 0.01% |
507,100
+248,300
| +96% | +$11.5M |
|
1160
CALL
Cirrus Logic
CRUS
$5.62B
| $25M | 0.01% |
1,060,800
-51,700
| -5% | -$1.04M |
|
1161
PUT
Energy Transfer Partners
ET
$72.6B
| $25M | 0.01% |
871,400
-114,200
| -12% | -$3.29M |
|
|
NFX
1162
PUT
DELISTED
Newfield Exploration
NFX
| $25M | 0.01% |
920,800
+474,000
| +106% | +$14.1M |
|
1163
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.25B
| $25M | 0.01% |
116,040
-21,560
| -16% | -$4.12M |
|
|
SPWR
1164
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $24.9M | 0.01% |
1,474,624
+153,158
| +12% | +$2.84M |
|
1165
CALL
Archer Daniels Midland
ADM
$36.8B
| $24.9M | 0.01% |
478,000
+92,900
| +24% | +$4.63M |
|
1166
CALL
Constellation Brands
STZ
$23.1B
| $24.8M | 0.01% |
252,900
-2,600
| -1% | -$238K |
|
1167
Williams Companies
WMB
$87.3B
| $24.8M | 0.01% |
551,554
-524,040
| -49% | -$26.8M |
|
1168
PUT
Gen Digital
GEN
$17.2B
| $24.8M | 0.01% |
965,100
-735,100
| -43% | -$18.3M |
|
1169
PUT
Check Point Software Technologies
CHKP
$13.1B
| $24.8M | 0.01% |
315,100
+45,900
| +17% | +$3.41M |
|
|
COV
1170
CALL
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $24.8M | 0.01% |
242,000
-55,200
| -19% | -$5.3M |
|
|
TPCO
1171
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $24.7M | 0.01% |
1,080,097
-169,903
| -14% | -$3.42M |
|
1172
PUT
Lumen
LUMN
$5.96B
| $24.7M | 0.01% |
623,500
-172,400
| -22% | -$6.9M |
|
1173
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.47B
| $24.7M | 0.01% |
55,260
-1,883
| -3% | -$1.15M |
|
|
ARMH
1174
PUT
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $24.7M | 0.01% |
532,700
+120,700
| +29% | +$5.16M |
|
1175
CALL
Elevance Health
ELV
$86.6B
| $24.6M | 0.01% |
196,100
-128,900
| -40% | -$15.9M |
|
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.