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 | |
|---|---|---|---|---|---|---|
1201
PUT
American Eagle Outfitters
AEO
$2.82B
| $23.7M | 0.01% |
1,710,000
+507,500
| +42% | +$6.86M |
|
1202
CALL
Pultegroup
PHM
$24.6B
| $23.6M | 0.01% |
1,100,400
-241,500
| -18% | -$4.82M |
|
1203
CALL
Sysco
SYY
$40B
| $23.6M | 0.01% |
594,800
-578,100
| -49% | -$22.4M |
|
|
ACAS
1204
DELISTED
American Capital Ltd
ACAS
| $23.6M | 0.01% |
1,615,788
+40,090
| +3% | +$585K |
|
|
DNKN
1205
PUT
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $23.6M | 0.01% |
553,200
+146,600
| +36% | +$6.71M |
|
1206
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.04B
| $23.6M | 0.01% |
579,000
-521,700
| -47% | -$20.5M |
|
1207
CALL
Ionis Pharmaceuticals
IONS
$10.5B
| $23.6M | 0.01% |
381,600
-121,200
| -24% | -$5.98M |
|
1208
PUT
Groupon
GRPN
$806M
| $23.6M | 0.01% |
142,590
-51,300
| -26% | -$7.28M |
|
|
NUAN
1209
DELISTED
Nuance Communications, Inc.
NUAN
| $23.5M | 0.01% |
1,905,723
+128,326
| +7% | +$1.65M |
|
|
UPL
1210
CALL
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $23.5M | 0.01% |
1,786,800
+1,115,400
| +166% | +$22.5M |
|
1211
PUT
Zoetis
ZTS
$31.7B
| $23.5M | 0.01% |
546,200
+404,700
| +286% | +$16.4M |
|
1212
PUT
Celldex Therapeutics
CLDX
$3.23B
| $23.5M | 0.01% |
85,807
+14,620
| +21% | +$3.63M |
|
1213
PUT
C.H. Robinson
CHRW
$16.8B
| $23.4M | 0.01% |
312,800
-1,200
| -0.4% | -$85.7K |
|
1214
PUT
ProShares Ultra FTSE China 50 of PROSHARES TRUST
XPP
$8.58M
| $23.4M | 0.01% |
338,200
+180,400
| +114% | +$11.1M |
|
1215
CALL
Ubiquiti
UI
$34.2B
| $23.4M | 0.01% |
789,500
+224,800
| +40% | +$7.16M |
|
|
GES
1216
PUT
DELISTED
Guess Inc
GES
| $23.3M | 0.01% |
1,107,600
-38,400
| -3% | -$820K |
|
|
JOY
1217
CALL
DELISTED
Joy Global Inc
JOY
| $23.3M | 0.01% |
501,900
-143,800
| -22% | -$7.35M |
|
1218
PUT
Altisource Portfolio Solutions
ASPS
$61.6M
| $23.3M | 0.01% |
86,313
+41,288
| +92% | +$21.3M |
|
1219
Occidental Petroleum
OXY
$58.9B
| $23.3M | 0.01% |
289,842
-362,331
| -56% | -$30.1M |
|
|
NPSP
1220
CALL
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $23.3M | 0.01% |
651,600
+287,500
| +79% | +$8.58M |
|
1221
PUT
Motorola Solutions
MSI
$80.4B
| $23.3M | 0.01% |
346,700
+142,500
| +70% | +$9.09M |
|
1222
CALL
Visteon
VC
$2.75B
| $23.2M | 0.01% |
216,800
-8,100
| -4% | -$781K |
|
1223
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$243M
| $23.1M | 0.01% |
1,201
+49
| +4% | +$1.13M |
|
1224
CALL
iShares Micro-Cap ETF
IWC
$1.52B
| $23M | 0.01% |
298,700
+13,200
| +5% | +$959K |
|
|
DFS
1225
DELISTED
Discover Financial Services
DFS
| $22.9M | 0.01% |
349,917
+183,127
| +110% | +$11.8M |
|
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.