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 | |
|---|---|---|---|---|---|---|
1351
Tyson Foods
TSN
$20.1B
| $19.9M | 0.01% |
495,885
-81,950
| -14% | -$3.32M |
|
|
CA
1352
CALL
DELISTED
CA, Inc.
CA
| $19.9M | 0.01% |
652,600
+152,500
| +30% | +$4.46M |
|
1353
PUT
Advance Auto Parts
AAP
$2.63B
| $19.8M | 0.01% |
124,400
-115,300
| -48% | -$16.9M |
|
1354
CALL
Gen Digital
GEN
$17.5B
| $19.8M | 0.01% |
771,500
-96,200
| -11% | -$2.39M |
|
1355
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $19.8M | 0.01% |
531,698
-1,173,688
| -69% | -$34.3M |
|
|
JWN
1356
CALL
DELISTED
Nordstrom
JWN
| $19.8M | 0.01% |
249,000
+91,400
| +58% | +$6.71M |
|
1357
PUT
NetApp
NTAP
$36.8B
| $19.8M | 0.01% |
476,800
-244,900
| -34% | -$10.2M |
|
|
IRBT
1358
CALL
DELISTED
iRobot
IRBT
| $19.7M | 0.01% |
568,500
+64,300
| +13% | +$2.21M |
|
1359
CALL
Puma Biotechnology
PBYI
$481M
| $19.7M | 0.01% |
103,900
-112,900
| -52% | -$25M |
|
1360
Chubb
CB
$132B
| $19.7M | 0.01% |
171,130
+44,988
| +36% | +$4.98M |
|
|
ENDP
1361
DELISTED
Endo International plc
ENDP
| $19.6M | 0.01% |
271,893
-148,951
| -35% | -$10.2M |
|
|
BRSL
1362
CALL
Brightstar Lottery PLC
BRSL
$2.12B
| $19.6M | 0.01% |
1,136,100
+250,300
| +28% | +$4.21M |
|
1363
State Street SPDR S&P Biotech ETF
XBI
$11.8B
| $19.6M | 0.01% |
314,406
+87,855
| +39% | +$5.01M |
|
1364
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $19.5M | 0.01% |
802,200
-923,800
| -54% | -$22.3M |
|
|
TRW
1365
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $19.5M | 0.01% |
189,437
+19,768
| +12% | +$2.02M |
|
1366
MGIC Investment
MTG
$6.41B
| $19.5M | 0.01% |
2,089,456
-366,358
| -15% | -$3.22M |
|
1367
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $19.4M | 0.01% |
338,200
+201,800
| +148% | +$11M |
|
1368
Best Buy
BBY
$18B
| $19.4M | 0.01% |
497,217
-67,320
| -12% | -$2.37M |
|
|
RDS.A
1369
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $19.4M | 0.01% |
309,840
-190,143
| -38% | -$12.3M |
|
|
X
1370
DELISTED
US Steel
X
| $19.4M | 0.01% |
724,286
+522,533
| +259% | +$17.4M |
|
1371
CALL
DaVita
DVA
$11.3B
| $19.3M | 0.01% |
255,300
+169,800
| +199% | +$12.8M |
|
1372
CALL
Conagra Brands
CAG
$7.81B
| $19.3M | 0.01% |
683,492
-85,709
| -11% | -$2.35M |
|
1373
PUT
Dominion Energy
D
$58.9B
| $19.3M | 0.01% |
250,700
-194,300
| -44% | -$14.1M |
|
|
ULTI
1374
PUT
DELISTED
Ultimate Software Group Inc
ULTI
| $19.3M | 0.01% |
131,200
+6,500
| +5% | +$943K |
|
1375
T-Mobile US
TMUS
$195B
| $19.3M | 0.01% |
714,694
-627,483
| -47% | -$17.3M |
|
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.