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 | |
|---|---|---|---|---|---|---|
1626
TransDigm Group
TDG
$65.9B
| $14.2M | 0.01% |
72,398
+48,629
| +205% | +$9.17M |
|
|
CTRX
1627
PUT
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $14.2M | 0.01% |
274,000
-133,800
| -33% | -$6.29M |
|
|
HSNI
1628
DELISTED
HSN, Inc.
HSNI
| $14.2M | 0.01% |
186,559
+10,916
| +6% | +$756K |
|
1629
CALL
Canadian Natural Resources
CNQ
$102B
| $14.2M | 0.01% |
949,669
-416,606
| -30% | -$6.8M |
|
|
NE
1630
DELISTED
Noble Corporation
NE
| $14.2M | 0.01% |
854,295
+281,667
| +49% | +$5.37M |
|
1631
Duke Energy
DUK
$94.8B
| $14.1M | 0.01% |
168,956
-228,708
| -58% | -$18.4M |
|
1632
Vertex Pharmaceuticals
VRTX
$140B
| $14.1M | 0.01% |
118,669
-26,788
| -18% | -$3.02M |
|
1633
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.25B
| $14.1M | 0.01% |
+341,100
| New | +$16.2M |
|
1634
PUT
Magna International
MGA
$17.7B
| $14.1M | 0.01% |
258,800
+175,800
| +212% | +$8.89M |
|
1635
Boyd Gaming
BYD
$5.89B
| $14M | 0.01% |
1,098,425
+398,425
| +57% | +$4.48M |
|
|
BID
1636
CALL
DELISTED
Sotheby's
BID
| $14M | 0.01% |
325,000
-225,200
| -41% | -$8.89M |
|
1637
CALL
Toronto Dominion Bank
TD
$193B
| $14M | 0.01% |
293,500
-332,400
| -53% | -$16M |
|
|
JCP
1638
DELISTED
J.C. Penney Company, Inc.
JCP
| $14M | 0.01% |
2,162,926
+1,663,125
| +333% | +$12.2M |
|
|
MRSH
1639
Marsh
MRSH
$92.3B
| $14M | 0.01% |
244,604
+63,174
| +35% | +$3.47M |
|
1640
iShares Floating Rate Bond ETF
FLOT
$10.6B
| $14M | 0.01% |
+276,775
| New | +$14M |
|
1641
Invesco DB Agriculture Fund
DBA
$1.22B
| $14M | 0.01% |
561,779
+444,037
| +377% | +$11.4M |
|
|
SAVE
1642
DELISTED
Spirit Airlines, Inc.
SAVE
| $14M | 0.01% |
184,895
-17,217
| -9% | -$1.23M |
|
1643
Marvell Technology
MRVL
$216B
| $14M | 0.01% |
963,494
-383,566
| -28% | -$5.21M |
|
1644
CALL
Illinois Tool Works
ITW
$80.2B
| $14M | 0.01% |
147,400
+52,700
| +56% | +$4.8M |
|
|
JNPR
1645
DELISTED
Juniper Networks
JNPR
| $14M | 0.01% |
625,324
+59,591
| +11% | +$1.27M |
|
|
ODP
1646
CALL
DELISTED
ODP
ODP
| $13.9M | 0.01% |
162,600
+121,100
| +292% | +$7.7M |
|
1647
Automatic Data Processing
ADP
$112B
| $13.9M | 0.01% |
167,065
+48,405
| +41% | +$3.92M |
|
1648
PUT
Polaris
PII
$3.62B
| $13.9M | 0.01% |
92,000
-36,800
| -29% | -$5.52M |
|
|
GWPH
1649
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $13.9M | 0.01% |
205,500
-124,700
| -38% | -$9.11M |
|
1650
Eli Lilly
LLY
$1.1T
| $13.9M | 0.01% |
201,514
-133,806
| -40% | -$9.03M |
|
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.