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 | |
|---|---|---|---|---|---|---|
1551
CALL
ProShares Ultra Silver
AGQ
$1.64B
| $15.5M | 0.01% |
406,300
-111,900
| -22% | -$4.78M |
|
|
AGN
1552
DELISTED
Allergan Inc
AGN
| $15.4M | 0.01% |
72,411
-125,698
| -63% | -$25M |
|
1553
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$194M
| $15.4M | 0.01% |
193,840
-13,280
| -6% | -$1.22M |
|
|
CIT
1554
PUT
DELISTED
CIT Group Inc.
CIT
| $15.4M | 0.01% |
321,400
-568,000
| -64% | -$27M |
|
1555
PUT
American Electric Power
AEP
$66.8B
| $15.4M | 0.01% |
253,100
+45,100
| +22% | +$2.58M |
|
1556
PUT
Terex
TEX
$7.45B
| $15.3M | 0.01% |
550,300
-125,800
| -19% | -$3.6M |
|
1557
CALL
Enterprise Products Partners
EPD
$82.6B
| $15.3M | 0.01% |
424,100
-259,100
| -38% | -$9.58M |
|
1558
US Commodity Index
USCI
$384M
| $15.3M | 0.01% |
+317,109
| New | +$16.8M |
|
1559
Blackrock
BLK
$182B
| $15.3M | 0.01% |
42,708
-30,789
| -42% | -$10.5M |
|
1560
Workday
WDAY
$48B
| $15.2M | 0.01% |
186,805
+86,851
| +87% | +$7.5M |
|
|
GRMN
1561
CALL
Garmin
GRMN
$55.6B
| $15.2M | 0.01% |
287,700
-102,300
| -26% | -$5.56M |
|
|
CERN
1562
DELISTED
Cerner Corp
CERN
| $15.2M | 0.01% |
234,831
+111,387
| +90% | +$6.93M |
|
1563
PUT
Southern Copper
SCCO
$186B
| $15.2M | 0.01% |
587,530
-62,006
| -10% | -$1.65M |
|
1564
PUT
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.8B
| $15.1M | 0.01% |
143,100
+98,400
| +220% | +$10.1M |
|
1565
Invesco
IVZ
$14.4B
| $15.1M | 0.01% |
381,692
+297,335
| +352% | +$11.7M |
|
1566
Ryder
R
$9.44B
| $15.1M | 0.01% |
162,332
+3,475
| +2% | +$310K |
|
1567
United Rentals
URI
$65.6B
| $15.1M | 0.01% |
147,746
-57,533
| -28% | -$6.17M |
|
1568
CALL
VF Corp
VFC
$5.44B
| $15.1M | 0.01% |
213,674
-116,289
| -35% | -$7.69M |
|
1569
Chord Energy
CHRD
$7.7B
| $15M | 0.01% |
908,701
+601,242
| +196% | +$14.9M |
|
|
INVX
1570
PUT
Innovex International
INVX
$2.01B
| $15M | 0.01% |
195,800
+10,000
| +5% | +$834K |
|
1571
CALL
Polaris
PII
$3.62B
| $15M | 0.01% |
99,300
+30,500
| +44% | +$4.57M |
|
1572
Hecla Mining
HL
$14.1B
| $15M | 0.01% |
5,377,993
+2,561,013
| +91% | +$6.34M |
|
|
TFCF
1573
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $15M | 0.01% |
406,718
+289,921
| +248% | +$9.89M |
|
|
S
1574
DELISTED
Sprint Corporation
S
| $15M | 0.01% |
3,610,652
-1,403,468
| -28% | -$7.23M |
|
|
SLCA
1575
CALL
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $15M | 0.01% |
582,900
+213,100
| +58% | +$8.42M |
|
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.