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 | |
|---|---|---|---|---|---|---|
1176
CALL
Welltower
WELL
$174B
| $24.6M | 0.01% |
325,300
-66,900
| -17% | -$4.78M |
|
|
NBL
1177
CALL
DELISTED
Noble Energy, Inc.
NBL
| $24.6M | 0.01% |
518,700
+142,800
| +38% | +$7.74M |
|
1178
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $24.6M | 0.01% |
274,100
-51,500
| -16% | -$4.69M |
|
|
LVLT
1179
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $24.5M | 0.01% |
496,000
-165,400
| -25% | -$7.64M |
|
1180
American Tower
AMT
$83.3B
| $24.5M | 0.01% |
247,497
+88,139
| +55% | +$8.66M |
|
1181
O'Reilly Automotive
ORLY
$73.3B
| $24.4M | 0.01% |
1,897,920
+377,985
| +25% | +$4.43M |
|
1182
CALL
Weyerhaeuser
WY
$17.6B
| $24.3M | 0.01% |
678,100
+174,100
| +35% | +$5.98M |
|
|
MLNX
1183
PUT
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $24.3M | 0.01% |
567,800
-307,100
| -35% | -$13.3M |
|
1184
PUT
Dick's Sporting Goods
DKS
$11.2B
| $24.2M | 0.01% |
487,800
+106,500
| +28% | +$4.98M |
|
1185
Dana Inc
DAN
$3.25B
| $24.1M | 0.01% |
1,109,400
+939,676
| +554% | +$19M |
|
1186
CALL
Infosys
INFY
$48.6B
| $24.1M | 0.01% |
3,066,000
-464,400
| -13% | -$3.76M |
|
1187
PUT
Helmerich & Payne
HP
$4.2B
| $24.1M | 0.01% |
357,200
+36,300
| +11% | +$2.83M |
|
|
JOYY
1188
CALL
JOYY Inc
JOYY
$3.78B
| $24.1M | 0.01% |
386,200
-281,600
| -42% | -$20.5M |
|
1189
CALL
Intuit
INTU
$97.9B
| $24M | 0.01% |
260,800
-56,700
| -18% | -$5.04M |
|
|
WNR
1190
PUT
DELISTED
Western Refining Inc
WNR
| $24M | 0.01% |
635,900
+41,500
| +7% | +$1.72M |
|
1191
iShares 7-10 Year Treasury Bond ETF
IEF
$43.1B
| $24M | 0.01% |
+226,469
| New | +$23.9M |
|
|
CTRX
1192
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $24M | 0.01% |
463,483
+122,234
| +36% | +$5.75M |
|
1193
SiriusXM
SIRI
$9.7B
| $23.9M | 0.01% |
683,663
-86,717
| -11% | -$2.99M |
|
|
ENDP
1194
PUT
DELISTED
Endo International plc
ENDP
| $23.9M | 0.01% |
331,700
-32,800
| -9% | -$2.25M |
|
|
CTXS
1195
CALL
DELISTED
Citrix Systems Inc
CTXS
| $23.9M | 0.01% |
469,795
-468,916
| -50% | -$24.2M |
|
1196
MetLife
MET
$60.9B
| $23.9M | 0.01% |
494,815
-104,253
| -17% | -$4.95M |
|
|
OCR
1197
CALL
DELISTED
OMNICARE INC
OCR
| $23.8M | 0.01% |
325,900
-89,200
| -21% | -$6.05M |
|
1198
Ciena
CIEN
$54.6B
| $23.8M | 0.01% |
1,224,341
+476,725
| +64% | +$7.96M |
|
|
NBL
1199
PUT
DELISTED
Noble Energy, Inc.
NBL
| $23.8M | 0.01% |
500,800
+208,400
| +71% | +$11.3M |
|
1200
CALL
Paychex
PAYX
$44.6B
| $23.7M | 0.01% |
514,300
-217,200
| -30% | -$10M |
|
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.