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 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.22% |
| 2 | Consumer Discretionary | 1.95% |
| 3 | Energy | 1.77% |
| 4 | Financials | 1.73% |
| 5 | Healthcare | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Berkshire Hathaway Class B
BRK.B
$1.06T
| $373M | 0.14% |
2,701,953
-36,390
| -1% | -$4.85M |
|
102
PUT
AT&T
T
$173B
| $372M | 0.14% |
13,994,812
+2,580,476
| +23% | +$68.6M |
|
103
CALL
General Motors
GM
$77.2B
| $372M | 0.14% |
11,637,500
-4,768,300
| -29% | -$166M |
|
104
CALL
Chevron
CVX
$403B
| $368M | 0.14% |
3,085,200
+701,400
| +29% | +$89.5M |
|
105
PUT
Mastercard
MA
$509B
| $368M | 0.14% |
4,976,400
-1,289,000
| -21% | -$98.2M |
|
|
106
CALL
Mastercard
MA
$509B
| $365M | 0.14% |
4,944,100
+262,600
| +6% | +$20M |
|
107
Tesla
TSLA
$1.43T
| $365M | 0.14% |
22,560,615
+2,226,120
| +11% | +$36.7M |
|
|
108
CALL
AT&T
T
$173B
| $361M | 0.14% |
13,560,408
-4,170,203
| -24% | -$111M |
|
109
PUT
Procter & Gamble
PG
$336B
| $359M | 0.14% |
4,285,700
-370,200
| -8% | -$30.3M |
|
|
CELG
110
CALL
DELISTED
Celgene Corp
CELG
| $355M | 0.14% |
3,748,400
-1,199,500
| -24% | -$108M |
|
111
PUT
Las Vegas Sands
LVS
$30.5B
| $354M | 0.14% |
5,692,400
+1,556,900
| +38% | +$107M |
|
|
112
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $354M | 0.14% |
2,560,000
+166,800
| +7% | +$22.2M |
|
113
Amazon
AMZN
$2.79T
| $347M | 0.13% |
21,500,040
-5,782,160
| -21% | -$96.2M |
|
114
Invesco QQQ Trust
QQQ
$486B
| $346M | 0.13% |
3,502,492
+484,625
| +16% | +$47.2M |
|
115
CALL
Visa
V
$693B
| $346M | 0.13% |
6,480,400
-92,800
| -1% | -$4.99M |
|
116
PUT
eBay
EBAY
$46.3B
| $343M | 0.13% |
14,376,226
+2,215,383
| +18% | +$49.3M |
|
117
CALL
SPDR Gold Trust
GLD
$152B
| $337M | 0.13% |
2,899,430
-2,656,570
| -48% | -$328M |
|
|
118
CALL
Berkshire Hathaway Class B
BRK.B
$1.06T
| $335M | 0.13% |
2,422,300
+169,400
| +8% | +$22.6M |
|
|
GMCR
119
CALL
DELISTED
KEURIG GREEN MTN INC
GMCR
| $331M | 0.13% |
2,543,300
-453,600
| -15% | -$56.7M |
|
120
PUT
American International
AIG
$39.8B
| $331M | 0.13% |
6,126,100
+1,048,800
| +21% | +$57.3M |
|
121
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $326M | 0.13% |
5,786,100
+2,036,900
| +54% | +$119M |
|
122
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $322M | 0.12% |
5,014,800
-3,350,500
| -40% | -$224M |
|
|
123
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $317M | 0.12% |
2,730,600
+643,200
| +31% | +$74M |
|
124
PUT
Coca-Cola
KO
$392B
| $314M | 0.12% |
7,356,700
+1,004,800
| +16% | +$41.5M |
|
|
125
PUT
Visa
V
$693B
| $314M | 0.12% |
5,877,600
-500,800
| -8% | -$26.9M |
|
Similar funds
Jeff Yass's Q3 2014 Portfolio in Review
As of Q3 2014, Jeff Yass held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $28.7B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.6% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Jeff Yass's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Jeff Yass added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Jeff Yass's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Jeff Yass fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Jeff Yass's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Jeff Yass opened 983 new positions and closed 1,332 in Q3 2014.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.