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 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.22% |
| 2 | Consumer Discretionary | 1.95% |
| 3 | Energy | 1.77% |
| 4 | Financials | 1.73% |
| 5 | Healthcare | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
JPMorgan Chase
JPM
$935B
| $270M | 0.1% |
4,487,746
-10,174
| -0.2% | -$595K |
|
152
PUT
Cisco
CSCO
$438B
| $270M | 0.1% |
10,730,300
-560,100
| -5% | -$14.1M |
|
153
PUT
3D Systems Corp
DDD
$530M
| $265M | 0.1% |
5,722,250
+755,900
| +15% | +$39.4M |
|
154
CALL
EOG Resources
EOG
$80.3B
| $265M | 0.1% |
2,673,800
-72,000
| -3% | -$7.83M |
|
155
American International
AIG
$39.8B
| $265M | 0.1% |
4,899,982
+3,234,065
| +194% | +$177M |
|
156
PUT
Petrobras
PBR
$123B
| $265M | 0.1% |
18,652,600
+9,322,900
| +100% | +$156M |
|
157
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $264M | 0.1% |
1,060,400
-501,000
| -32% | -$129M |
|
158
PUT
Walt Disney
DIS
$186B
| $264M | 0.1% |
2,965,500
+1,051,100
| +55% | +$92.7M |
|
159
PUT
Bausch Health
BHC
$2.41B
| $264M | 0.1% |
2,011,800
+613,200
| +44% | +$73.1M |
|
160
CALL
Biogen
BIIB
$32B
| $264M | 0.1% |
796,600
+26,800
| +3% | +$8.84M |
|
161
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $260M | 0.1% |
2,828,300
+1,262,500
| +81% | +$118M |
|
162
PUT
3M
MMM
$92.3B
| $259M | 0.1% |
2,189,637
+1,019,231
| +87% | +$123M |
|
163
CALL
Qualcomm
QCOM
$169B
| $258M | 0.1% |
3,451,800
+870,700
| +34% | +$66.6M |
|
164
Ford
F
$57.5B
| $258M | 0.1% |
17,413,068
+417,972
| +2% | +$7.14M |
|
165
PUT
Amgen
AMGN
$238B
| $257M | 0.1% |
1,828,200
+371,800
| +26% | +$48.5M |
|
|
DD
166
CALL
DELISTED
Du Pont De Nemours E I
DD
| $255M | 0.1% |
3,748,680
+2,320,285
| +162% | +$146M |
|
167
PUT
Wells Fargo
WFC
$254B
| $255M | 0.1% |
4,910,400
+939,000
| +24% | +$48.3M |
|
168
Baidu
BIDU
$31.6B
| $255M | 0.1% |
1,166,311
+460,116
| +65% | +$97.3M |
|
169
CALL
Merck
MRK
$376B
| $254M | 0.1% |
4,483,134
+1,650,704
| +58% | +$92.7M |
|
170
CALL
Coca-Cola
KO
$392B
| $252M | 0.1% |
5,904,300
+713,400
| +14% | +$29.5M |
|
|
X
171
PUT
DELISTED
US Steel
X
| $249M | 0.1% |
6,364,700
+698,000
| +12% | +$24.5M |
|
172
CALL
Walmart Inc
WMT
$825B
| $249M | 0.1% |
9,779,100
+4,098,600
| +72% | +$103M |
|
173
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $248M | 0.1% |
899,250
+173,225
| +24% | +$52.7M |
|
174
PUT
BP
BP
$115B
| $244M | 0.09% |
6,798,340
+2,040,309
| +43% | +$80.8M |
|
|
175
PUT
Qualcomm
QCOM
$169B
| $242M | 0.09% |
3,238,000
+454,300
| +16% | +$34.7M |
|
Similar funds
Jeff Yass's Q3 2014 Portfolio in Review
As of Q3 2014, Jeff Yass held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $28.7B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.6% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Jeff Yass's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Jeff Yass added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Jeff Yass's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Jeff Yass fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Jeff Yass's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Jeff Yass opened 983 new positions and closed 1,332 in Q3 2014.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.