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 | |
|---|---|---|---|---|---|---|
|
PTR
1226
PUT
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $22.9M | 0.01% |
206,400
+98,100
| +91% | +$11.4M |
|
|
XOMA
1227
DELISTED
Xoma
XOMA
| $22.9M | 0.01% |
318,693
+293,037
| +1,142% | +$25.1M |
|
1228
ProShares Ultra S&P500
SSO
$8.41B
| $22.9M | 0.01% |
2,851,920
+2,139,008
| +300% | +$16.4M |
|
|
RAD
1229
PUT
DELISTED
Rite Aid Corporation
RAD
| $22.8M | 0.01% |
151,350
-3,830
| -2% | -$425K |
|
1230
Assured Guaranty
AGO
$3.3B
| $22.8M | 0.01% |
875,555
+152,556
| +21% | +$3.68M |
|
1231
CALL
Opko Health
OPK
$1.11B
| $22.7M | 0.01% |
2,276,100
+1,338,100
| +143% | +$11.5M |
|
1232
PUT
H&R Block
HRB
$6.56B
| $22.7M | 0.01% |
674,400
-290,200
| -30% | -$9.3M |
|
1233
Cognizant
CTSH
$28.4B
| $22.6M | 0.01% |
430,030
+139,207
| +48% | +$6.95M |
|
|
APOL
1234
PUT
DELISTED
Apollo Education Group Inc Class A
APOL
| $22.6M | 0.01% |
663,800
-80,300
| -11% | -$2.37M |
|
|
SWN
1235
DELISTED
Southwestern Energy Company
SWN
| $22.6M | 0.01% |
829,352
+732,959
| +760% | +$23.5M |
|
|
JKS
1236
CALL
JinkoSolar
JKS
$812M
| $22.6M | 0.01% |
1,146,400
+223,500
| +24% | +$4.99M |
|
|
S
1237
PUT
DELISTED
Sprint Corporation
S
| $22.5M | 0.01% |
5,427,600
-1,027,400
| -16% | -$5.29M |
|
1238
Goodyear
GT
$1.78B
| $22.5M | 0.01% |
788,182
+65,027
| +9% | +$1.61M |
|
1239
CALL
Liberty Global Class A
LBTYA
$3.68B
| $22.5M | 0.01% |
543,307
-138,949
| -20% | -$5.33M |
|
|
LGF
1240
PUT
DELISTED
Lions Gate Entertainment
LGF
| $22.5M | 0.01% |
702,500
+112,600
| +19% | +$3.68M |
|
|
BWP
1241
PUT
DELISTED
Boardwalk Pipeline Partners
BWP
| $22.5M | 0.01% |
1,265,100
-188,000
| -13% | -$3.18M |
|
1242
PUT
Royal Gold
RGLD
$22.7B
| $22.5M | 0.01% |
358,500
-208,700
| -37% | -$13.7M |
|
1243
CALL
Fidelity National Financial
FNF
$12.7B
| $22.5M | 0.01% |
939,141
+859,055
| +1,073% | +$18.2M |
|
1244
CALL
TotalEnergies
TTE
$197B
| $22.4M | 0.01% |
437,800
-44,500
| -9% | -$2.51M |
|
1245
CALL
Urban Outfitters
URBN
$6.49B
| $22.4M | 0.01% |
636,500
-94,300
| -13% | -$3.06M |
|
1246
PUT
Ciena
CIEN
$54.9B
| $22.4M | 0.01% |
1,151,900
+14,500
| +1% | +$242K |
|
1247
PUT
Carnival Corporation Ltd
CCL
$35.8B
| $22.3M | 0.01% |
491,500
-116,400
| -19% | -$4.76M |
|
1248
PUT
Capital One
COF
$133B
| $22.3M | 0.01% |
269,700
-289,300
| -52% | -$23.5M |
|
1249
CALL
Veeva Systems
VEEV
$40.1B
| $22.2M | 0.01% |
842,300
+332,300
| +65% | +$9.35M |
|
|
EMES
1250
DELISTED
Emerge Energy Services LP
EMES
| $22.2M | 0.01% |
411,445
+51,869
| +14% | +$3.89M |
|
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.