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 | |
|---|---|---|---|---|---|---|
126
PUT
Pfizer
PFE
$160B
| $313M | 0.12% |
11,169,449
+566,841
| +5% | +$15.9M |
|
127
PUT
SLB Ltd
SLB
$79.9B
| $309M | 0.12% |
3,038,800
+1,550,200
| +104% | +$169M |
|
128
Boeing
BA
$169B
| $308M | 0.12% |
2,418,706
-615,563
| -20% | -$77.5M |
|
129
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $307M | 0.12% |
2
+1
| +100% | +$165M |
|
130
PUT
Blackstone
BX
$108B
| $306M | 0.12% |
9,890,924
+2,692,097
| +37% | +$87.6M |
|
|
SNDK
131
CALL
DELISTED
SANDISK CORP
SNDK
| $302M | 0.12% |
3,084,200
+872,800
| +39% | +$85.4M |
|
|
MNK
132
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $300M | 0.12% |
3,329,200
+2,929,700
| +733% | +$229M |
|
133
CALL
IBM
IBM
$222B
| $300M | 0.12% |
1,651,425
+143,721
| +10% | +$26.2M |
|
|
134
McDonald's
MCD
$192B
| $298M | 0.11% |
3,142,089
+2,279,386
| +264% | +$217M |
|
|
AGN
135
CALL
DELISTED
Allergan plc
AGN
| $295M | 0.11% |
1,221,100
+515,200
| +73% | +$115M |
|
136
GE Aerospace
GE
$361B
| $294M | 0.11% |
2,393,838
+195,773
| +9% | +$24.4M |
|
|
137
CALL
Boeing
BA
$169B
| $289M | 0.11% |
2,270,400
+726,800
| +47% | +$91.5M |
|
138
CALL
Comcast
CMCSA
$95.3B
| $287M | 0.11% |
10,676,200
+1,294,600
| +14% | +$35.5M |
|
|
TWX
139
PUT
DELISTED
Time Warner Inc
TWX
| $286M | 0.11% |
3,800,800
+2,346,600
| +161% | +$182M |
|
140
PUT
Verizon
VZ
$205B
| $283M | 0.11% |
5,634,400
+813,800
| +17% | +$40.5M |
|
141
CALL
Walt Disney
DIS
$186B
| $281M | 0.11% |
3,156,600
+252,000
| +9% | +$22.2M |
|
142
CALL
Cheniere Energy
LNG
$57.3B
| $281M | 0.11% |
3,511,500
+378,400
| +12% | +$28.9M |
|
|
143
CALL
Pfizer
PFE
$160B
| $280M | 0.11% |
9,982,012
+3,314,724
| +50% | +$93M |
|
|
144
CALL
McDonald's
MCD
$192B
| $279M | 0.11% |
2,943,800
+1,509,300
| +105% | +$144M |
|
145
CALL
Wynn Resorts
WYNN
$10.3B
| $279M | 0.11% |
1,489,700
+885,500
| +147% | +$175M |
|
|
TWTR
146
DELISTED
Twitter, Inc.
TWTR
| $278M | 0.11% |
5,382,444
-207,696
| -4% | -$9.39M |
|
|
147
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $276M | 0.11% |
2,370,200
-2,775,300
| -54% | -$319M |
|
148
PUT
Merck
MRK
$376B
| $274M | 0.11% |
4,847,105
+885,351
| +22% | +$49.7M |
|
149
CALL
Las Vegas Sands
LVS
$30.5B
| $273M | 0.11% |
4,394,500
+2,125,100
| +94% | +$146M |
|
150
CALL
DuPont de Nemours
DD
$18.7B
| $271M | 0.1% |
2,038,455
+1,485,779
| +269% | +$198M |
|
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.