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 | |
|---|---|---|---|---|---|---|
|
SKX
1701
DELISTED
Skechers
SKX
| $13.3M | 0.01% |
720,336
-212,478
| -23% | -$3.97M |
|
1702
PUT
iShares Core S&P Small-Cap ETF
IJR
$111B
| $13.3M | 0.01% |
231,000
+79,400
| +52% | +$4.33M |
|
|
SNP
1703
PUT
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $13.2M | 0.01% |
163,000
-98,400
| -38% | -$8.16M |
|
1704
PUT
Molson Coors Class B
TAP
$7.83B
| $13.2M | 0.01% |
177,100
-459,000
| -72% | -$34M |
|
1705
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$5.53B
| $13.2M | 0.01% |
4,740,000
-3,645,000
| -43% | -$9.58M |
|
|
ETFC
1706
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $13.2M | 0.01% |
542,800
+61,600
| +13% | +$1.38M |
|
|
LLL
1707
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $13.2M | 0.01% |
104,200
+8,500
| +9% | +$1.02M |
|
1708
CALL
Kroger
KR
$35.8B
| $13.1M | 0.01% |
408,800
+153,400
| +60% | +$4.44M |
|
1709
Jefferies Financial Group
JEF
$12.1B
| $13.1M | 0.01% |
653,462
+46,743
| +8% | +$964K |
|
1710
PUT
Expeditors International
EXPD
$24.6B
| $13.1M | 0.01% |
293,800
+7,900
| +3% | +$339K |
|
1711
CALL
Alkermes
ALKS
$8.26B
| $13.1M | 0.01% |
223,700
+117,400
| +110% | +$5.98M |
|
1712
CALL
KKR & Co
KKR
$96.6B
| $13.1M | 0.01% |
564,200
-240,300
| -30% | -$5.27M |
|
1713
PUT
Adobe
ADBE
$109B
| $13.1M | 0.01% |
180,100
-401,300
| -69% | -$28.1M |
|
1714
CALL
PACCAR
PCAR
$68B
| $13.1M | 0.01% |
288,600
+43,350
| +18% | +$1.87M |
|
1715
CALL
Entergy
ETR
$49.6B
| $13M | 0.01% |
298,200
-7,400
| -2% | -$307K |
|
1716
PUT
Aptiv
APTV
$9.68B
| $13M | 0.01% |
179,200
+11,800
| +7% | +$813K |
|
|
AVP
1717
PUT
DELISTED
Avon Products, Inc.
AVP
| $13M | 0.01% |
1,386,900
-269,400
| -16% | -$2.79M |
|
1718
Agnico Eagle Mines
AEM
$113B
| $13M | 0.01% |
522,789
-75,047
| -13% | -$1.95M |
|
1719
Seagate
STX
$186B
| $13M | 0.01% |
195,598
-272,456
| -58% | -$16.9M |
|
1720
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.15B
| $13M | 0.01% |
308,333
+80,397
| +35% | +$3.65M |
|
1721
Vornado Realty Trust
VNO
$7.46B
| $13M | 0.01% |
150,668
+9,219
| +7% | +$739K |
|
1722
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.3B
| $13M | 0.01% |
320,600
+225,600
| +237% | +$8.08M |
|
|
SOHU
1723
PUT
Sohu.com
SOHU
$374M
| $13M | 0.01% |
243,700
-231,500
| -49% | -$11.2M |
|
1724
CALL
Plains All American Pipeline
PAA
$17.4B
| $12.9M | 0.01% |
252,300
+41,200
| +20% | +$2.19M |
|
|
EXPR
1725
DELISTED
Express, Inc.
EXPR
| $12.9M | 0.01% |
44,059
+25,162
| +133% | +$7.26M |
|
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.