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 | |
|---|---|---|---|---|---|---|
1601
PUT
Bunge Global
BG
$21.5B
| $14.6M | 0.01% |
160,400
-55,100
| -26% | -$4.85M |
|
|
HOLX
1602
DELISTED
Hologic
HOLX
| $14.6M | 0.01% |
544,329
+116,385
| +27% | +$3M |
|
|
KNDI
1603
PUT
Kandi Technologies Group
KNDI
$66.3M
| $14.5M | 0.01% |
1,036,700
+176,200
| +20% | +$2.42M |
|
1604
PUT
Ubiquiti
UI
$34.9B
| $14.5M | 0.01% |
487,900
-122,000
| -20% | -$3.89M |
|
1605
DigitalBridge
DBRG
$2.95B
| $14.5M | 0.01% |
160,076
-17,566
| -10% | -$1.39M |
|
1606
Kinder Morgan
KMI
$68.9B
| $14.4M | 0.01% |
341,356
-1,998,644
| -85% | -$78.7M |
|
1607
CALL
Marriott International
MAR
$93.3B
| $14.4M | 0.01% |
185,100
-50,700
| -22% | -$3.74M |
|
1608
Cirrus Logic
CRUS
$5.58B
| $14.4M | 0.01% |
612,524
+386,161
| +171% | +$7.78M |
|
1609
PUT
iShares MSCI Italy ETF
EWI
$1.13B
| $14.4M | 0.01% |
529,350
+32,500
| +7% | +$937K |
|
1610
CALL
VanEck Semiconductor ETF
SMH
$65.9B
| $14.4M | 0.01% |
+527,000
| New | +$13.7M |
|
1611
PUT
Agnico Eagle Mines
AEM
$113B
| $14.4M | 0.01% |
577,300
-148,400
| -20% | -$3.87M |
|
1612
Community Health Systems
CYH
$419M
| $14.4M | 0.01% |
322,144
-80,006
| -20% | -$3.42M |
|
1613
PUT
Jefferies Financial Group
JEF
$12.1B
| $14.3M | 0.01% |
714,850
+76,635
| +12% | +$1.58M |
|
1614
PUT
Radian Group
RDN
$4.87B
| $14.3M | 0.01% |
857,700
-254,700
| -23% | -$4.11M |
|
|
DNKN
1615
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $14.3M | 0.01% |
335,950
-265,829
| -44% | -$12.2M |
|
1616
PUT
Automatic Data Processing
ADP
$112B
| $14.3M | 0.01% |
171,700
+12,809
| +8% | +$1.04M |
|
1617
CALL
Teekay
TK
$1.17B
| $14.3M | 0.01% |
281,300
-91,100
| -24% | -$4.95M |
|
1618
iShares MSCI ACWI ETF
ACWI
$33.3B
| $14.3M | 0.01% |
+244,289
| New | +$14.4M |
|
1619
PUT
Invesco Senior Loan ETF
BKLN
$6.78B
| $14.3M | 0.01% |
594,300
+224,100
| +61% | +$5.42M |
|
|
GRMN
1620
PUT
Garmin
GRMN
$55.6B
| $14.3M | 0.01% |
270,300
+60,500
| +29% | +$3.29M |
|
1621
CALL
Green Plains
GPRE
$1.03B
| $14.3M | 0.01% |
576,200
-216,500
| -27% | -$6.49M |
|
1622
Bristol-Myers Squibb
BMY
$139B
| $14.3M | 0.01% |
241,512
-720,912
| -75% | -$40.7M |
|
1623
ConocoPhillips
COP
$158B
| $14.2M | 0.01% |
206,262
-321,929
| -61% | -$22.5M |
|
1624
PUT
Boston Scientific
BSX
$72.3B
| $14.2M | 0.01% |
1,074,700
+749,300
| +230% | +$9.58M |
|
1625
CALL
Dominion Energy
D
$58.9B
| $14.2M | 0.01% |
184,900
-97,900
| -35% | -$7.09M |
|
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.