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 | |
|---|---|---|---|---|---|---|
1476
Southwest Airlines
LUV
$20B
| $16.8M | 0.01% |
396,258
-479,148
| -55% | -$17.9M |
|
1477
PUT
PRA Group
PRAA
$741M
| $16.7M | 0.01% |
287,700
-17,400
| -6% | -$1.03M |
|
|
ONIT
1478
CALL
Onity Group
ONIT
$294M
| $16.7M | 0.01% |
73,553
+1,880
| +3% | +$613K |
|
1479
CALL
Incyte
INCY
$26.3B
| $16.6M | 0.01% |
227,100
-150,500
| -40% | -$9.83M |
|
|
KSU
1480
PUT
DELISTED
Kansas City Southern
KSU
| $16.6M | 0.01% |
136,000
+38,100
| +39% | +$4.56M |
|
1481
PUT
iShares National Muni Bond ETF
MUB
$45.6B
| $16.6M | 0.01% |
150,300
-323,400
| -68% | -$35.5M |
|
|
JWN
1482
PUT
DELISTED
Nordstrom
JWN
| $16.5M | 0.01% |
208,400
-37,400
| -15% | -$2.75M |
|
1483
PUT
Direxion Daily Real Estate Bear 3X ETF
DRV
$25.2M
| $16.5M | 0.01% |
12,706
+11,992
| +1,680% | +$18.3M |
|
|
RFMD
1484
CALL
DELISTED
RF MICRO DEVICES INC
RFMD
| $16.5M | 0.01% |
996,000
+461,000
| +86% | +$6.16M |
|
1485
PUT
ArcelorMittal
MT
$55.5B
| $16.5M | 0.01% |
654,950
+32,756
| +5% | +$910K |
|
1486
Teradyne
TER
$57.3B
| $16.5M | 0.01% |
834,146
+271,022
| +48% | +$5.11M |
|
|
SWI
1487
PUT
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $16.5M | 0.01% |
330,800
+14,100
| +4% | +$672K |
|
1488
CALL
Consolidated Edison
ED
$39.6B
| $16.5M | 0.01% |
249,700
-376,700
| -60% | -$23.6M |
|
1489
CALL
Check Point Software Technologies
CHKP
$13.2B
| $16.4M | 0.01% |
209,100
+61,100
| +41% | +$4.54M |
|
1490
CALL
iShares US Transportation ETF
IYT
$2.28B
| $16.4M | 0.01% |
400,000
+55,200
| +16% | +$2.17M |
|
|
ZNGA
1491
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $16.3M | 0.01% |
6,143,474
+1,176,397
| +24% | +$2.97M |
|
|
BNY
1492
PUT
Bank of New York Mellon
BNY
$111B
| $16.3M | 0.01% |
402,200
-96,200
| -19% | -$3.76M |
|
|
LNW
1493
CALL
DELISTED
Light & Wonder
LNW
| $16.3M | 0.01% |
1,279,300
+1,064,600
| +496% | +$12.8M |
|
|
SEE
1494
DELISTED
Sealed Air
SEE
| $16.3M | 0.01% |
383,754
+348,815
| +998% | +$13.1M |
|
1495
CALL
KLA
KLAC
$240B
| $16.3M | 0.01% |
2,315,000
-70,000
| -3% | -$517K |
|
1496
Enterprise Products Partners
EPD
$82.6B
| $16.3M | 0.01% |
450,586
+389,491
| +638% | +$14.4M |
|
|
GPOR
1497
DELISTED
Gulfport Energy Corp.
GPOR
| $16.3M | 0.01% |
389,698
-163,225
| -30% | -$7.64M |
|
1498
Deckers Outdoor
DECK
$12.1B
| $16.3M | 0.01% |
1,071,870
-62,106
| -5% | -$946K |
|
1499
Whirlpool
WHR
$2.65B
| $16.3M | 0.01% |
83,942
-51,582
| -38% | -$8.86M |
|
1500
Deere & Co
DE
$170B
| $16.3M | 0.01% |
183,818
+41,396
| +29% | +$3.58M |
|
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.