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 | |
|---|---|---|---|---|---|---|
1301
CALL
iShares Core S&P 500 ETF
IVV
$894B
| $21M | 0.01% |
100,700
-15,400
| -13% | -$3.12M |
|
1302
PUT
JD.com
JD
$39.7B
| $21M | 0.01% |
909,100
+99,400
| +12% | +$2.45M |
|
1303
Xerox
XRX
$387M
| $21M | 0.01% |
576,006
-106,061
| -16% | -$3.74M |
|
1304
Altria Group
MO
$114B
| $21M | 0.01% |
426,656
-338,967
| -44% | -$16.5M |
|
1305
NetApp
NTAP
$36.8B
| $21M | 0.01% |
507,098
+220,239
| +77% | +$9.15M |
|
1306
CALL
Vanguard FTSE Europe ETF
VGK
$31.3B
| $21M | 0.01% |
401,000
+66,900
| +20% | +$3.58M |
|
|
WPZ
1307
CALL
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $21M | 0.01% |
497,534
+267,503
| +116% | +$12.6M |
|
1308
PUT
Canadian Solar
CSIQ
$970M
| $20.9M | 0.01% |
865,600
-354,200
| -29% | -$9.64M |
|
1309
CALL
Harley-Davidson
HOG
$2.86B
| $20.9M | 0.01% |
317,400
-150,500
| -32% | -$9.72M |
|
|
NSM
1310
CALL
DELISTED
Nationstar Mortgage Holdings
NSM
| $20.9M | 0.01% |
741,300
-141,800
| -16% | -$4.39M |
|
1311
CALL
United Therapeutics
UTHR
$22.2B
| $20.9M | 0.01% |
161,300
-85,400
| -35% | -$11M |
|
|
JNPR
1312
PUT
DELISTED
Juniper Networks
JNPR
| $20.9M | 0.01% |
935,400
-546,600
| -37% | -$11.6M |
|
1313
iShares MSCI Hong Kong ETF
EWH
$1.27B
| $20.9M | 0.01% |
1,015,796
+974,531
| +2,362% | +$20.5M |
|
1314
US Bancorp
USB
$97.2B
| $20.8M | 0.01% |
462,837
-124,418
| -21% | -$5.36M |
|
1315
Restaurant Brands International
QSR
$28.4B
| $20.8M | 0.01% |
+532,749
| New | +$20.5M |
|
1316
PUT
Intuit
INTU
$97.8B
| $20.8M | 0.01% |
225,500
-107,000
| -32% | -$9.52M |
|
1317
Groupon
GRPN
$797M
| $20.8M | 0.01% |
125,810
-23,593
| -16% | -$3.35M |
|
1318
PUT
Sony
SONY
$141B
| $20.8M | 0.01% |
5,075,000
-849,500
| -14% | -$3.35M |
|
1319
PUT
Viavi Solutions
VIAV
$9.3B
| $20.8M | 0.01% |
2,661,612
-1,308,655
| -33% | -$9.75M |
|
1320
Barclays
BCS
$91.5B
| $20.7M | 0.01% |
1,486,598
-8,553
| -0.6% | -$117K |
|
|
ADT
1321
CALL
DELISTED
ADT Corp
ADT
| $20.7M | 0.01% |
572,500
+179,700
| +46% | +$6.18M |
|
|
IOC
1322
CALL
DELISTED
Interoil Corporation
IOC
| $20.7M | 0.01% |
424,700
-25,900
| -6% | -$1.38M |
|
1323
PUT
SM Energy
SM
$8.49B
| $20.7M | 0.01% |
536,800
+236,900
| +79% | +$11.9M |
|
|
NBIS
1324
CALL
Nebius Group N.V.
NBIS
$60.3B
| $20.7M | 0.01% |
1,151,600
+233,300
| +25% | +$5.62M |
|
1325
Regions Financial
RF
$26.1B
| $20.6M | 0.01% |
1,950,871
+3,267
| +0.2% | +$32.6K |
|
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.