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 | |
|---|---|---|---|---|---|---|
1751
PUT
El Pollo Loco
LOCO
$478M
| $12.6M | 0.01% |
631,500
-147,900
| -19% | -$4.46M |
|
|
BWP
1752
CALL
DELISTED
Boardwalk Pipeline Partners
BWP
| $12.6M | 0.01% |
709,100
-363,500
| -34% | -$6.14M |
|
1753
CALL
Teradyne
TER
$57.3B
| $12.6M | 0.01% |
636,000
-208,600
| -25% | -$3.94M |
|
|
RENT
1754
DELISTED
RENTRAK CORP
RENT
| $12.6M | 0.01% |
172,808
+164,836
| +2,068% | +$12.5M |
|
|
ARMH
1755
CALL
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $12.6M | 0.01% |
271,600
+2,700
| +1% | +$115K |
|
1756
CALL
SM Energy
SM
$8.49B
| $12.5M | 0.01% |
324,500
+11,700
| +4% | +$586K |
|
1757
PUT
Manitowoc
MTW
$702M
| $12.5M | ﹤0.01% |
623,185
-85,447
| -12% | -$1.55M |
|
|
KCG
1758
CALL
DELISTED
KCG Holdings, Inc.
KCG
| $12.4M | ﹤0.01% |
1,067,500
-111,700
| -9% | -$1.23M |
|
1759
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.87B
| $12.4M | ﹤0.01% |
42
-23
| -35% | -$7.59M |
|
1760
Western Digital
WDC
$163B
| $12.4M | ﹤0.01% |
148,566
-63,217
| -30% | -$4.77M |
|
1761
CALL
Alnylam Pharmaceuticals
ALNY
$32.1B
| $12.4M | ﹤0.01% |
128,100
-27,900
| -18% | -$2.58M |
|
|
ZIV
1762
DELISTED
VelocityShares Daily Inverse VIX Medium Term ETN
ZIV
| $12.4M | ﹤0.01% |
+297,430
| New | +$12.8M |
|
1763
KLA
KLAC
$240B
| $12.4M | ﹤0.01% |
1,766,120
+1,262,300
| +251% | +$9.32M |
|
|
BKS
1764
CALL
DELISTED
Barnes & Noble
BKS
| $12.4M | ﹤0.01% |
816,105
-103,768
| -11% | -$1.47M |
|
1765
CALL
Alaska Air
ALK
$4.84B
| $12.4M | ﹤0.01% |
207,700
+6,400
| +3% | +$337K |
|
1766
CALL
AGNC Investment
AGNC
$12.9B
| $12.4M | ﹤0.01% |
568,300
+250,400
| +79% | +$5.65M |
|
1767
PUT
Dover
DOV
$27.2B
| $12.4M | ﹤0.01% |
213,803
+186,443
| +681% | +$11.6M |
|
1768
Delta Air Lines
DAL
$55B
| $12.4M | ﹤0.01% |
251,570
-3,475,862
| -93% | -$146M |
|
1769
CALL
Groupon
GRPN
$797M
| $12.4M | ﹤0.01% |
74,890
-24,845
| -25% | -$3.53M |
|
1770
PUT
iShares MSCI South Korea ETF
EWY
$28B
| $12.4M | ﹤0.01% |
223,700
-123,700
| -36% | -$7.04M |
|
|
ZU
1771
DELISTED
ZULILY INC CLASS A COMMON STOCK
ZU
| $12.4M | ﹤0.01% |
528,550
+269,344
| +104% | +$8.26M |
|
1772
PUT
ProShares Ultra Dow30
DDM
$587M
| $12.4M | ﹤0.01% |
1,101,600
-607,200
| -36% | -$6.46M |
|
1773
Celldex Therapeutics
CLDX
$3.24B
| $12.3M | ﹤0.01% |
45,073
-14,689
| -25% | -$3.65M |
|
1774
LyondellBasell Industries
LYB
$20.2B
| $12.3M | ﹤0.01% |
155,305
+56,913
| +58% | +$4.94M |
|
1775
PUT
Campbell Soup
CPB
$7B
| $12.3M | ﹤0.01% |
279,900
-81,600
| -23% | -$3.57M |
|
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.