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 | |
|---|---|---|---|---|---|---|
|
SNDK
1801
DELISTED
SANDISK CORP
SNDK
| $12.1M | ﹤0.01% |
122,997
-139,543
| -53% | -$13.3M |
|
|
EXPR
1802
CALL
DELISTED
Express, Inc.
EXPR
| $12M | ﹤0.01% |
41,010
+18,605
| +83% | +$5.37M |
|
|
HOT
1803
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $12M | ﹤0.01% |
148,593
+27,547
| +23% | +$2.15M |
|
1804
Dominion Energy
D
$59B
| $12M | ﹤0.01% |
156,587
-91,952
| -37% | -$6.65M |
|
1805
CALL
Signet Jewelers
SIG
$3.29B
| $12M | ﹤0.01% |
91,400
+83,100
| +1,001% | +$10.1M |
|
|
RAX
1806
PUT
DELISTED
Rackspace Hosting Inc
RAX
| $12M | ﹤0.01% |
256,900
-541,900
| -68% | -$22.3M |
|
1807
CALL
Agios Pharmaceuticals
AGIO
$2.02B
| $12M | ﹤0.01% |
107,300
+36,800
| +52% | +$3.29M |
|
|
AKS
1808
PUT
DELISTED
AK Steel Holding Corp
AKS
| $12M | ﹤0.01% |
2,023,400
+562,400
| +38% | +$3.54M |
|
1809
AGNC Investment
AGNC
$12.9B
| $12M | ﹤0.01% |
550,269
-838,463
| -60% | -$18.9M |
|
|
LLTC
1810
PUT
DELISTED
Linear Technology Corp
LLTC
| $12M | ﹤0.01% |
263,100
+254,400
| +2,924% | +$11.1M |
|
1811
Host Hotels & Resorts
HST
$15.5B
| $12M | ﹤0.01% |
504,502
-9,478
| -2% | -$216K |
|
1812
PUT
Eaton
ETN
$162B
| $12M | ﹤0.01% |
176,400
-185,700
| -51% | -$12.2M |
|
|
LOGM
1813
CALL
DELISTED
LogMein, Inc.
LOGM
| $12M | ﹤0.01% |
242,500
+66,700
| +38% | +$3.2M |
|
1814
PUT
iShares Micro-Cap ETF
IWC
$1.52B
| $12M | ﹤0.01% |
155,400
-49,000
| -24% | -$3.56M |
|
|
NAVB
1815
DELISTED
Navidea Biopharmaceuticals Inc.
NAVB
| $12M | ﹤0.01% |
316,194
+4,839
| +2% | +$133K |
|
1816
PUT
Welltower
WELL
$174B
| $11.9M | ﹤0.01% |
157,800
+17,100
| +12% | +$1.22M |
|
1817
CALL
Terex
TEX
$7.48B
| $11.9M | ﹤0.01% |
428,000
-381,200
| -47% | -$10.9M |
|
|
STJ
1818
PUT
DELISTED
St Jude Medical
STJ
| $11.9M | ﹤0.01% |
183,400
+7,600
| +4% | +$489K |
|
1819
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $11.9M | ﹤0.01% |
2,790,400
-1,728,000
| -38% | -$7.08M |
|
1820
CALL
Zimmer Biomet
ZBH
$19.2B
| $11.9M | ﹤0.01% |
108,150
+18,025
| +20% | +$1.9M |
|
|
NSR
1821
PUT
DELISTED
Neustar Inc
NSR
| $11.9M | ﹤0.01% |
427,800
-316,700
| -43% | -$8.32M |
|
|
LNCO
1822
CALL
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $11.9M | ﹤0.01% |
1,145,500
-40,400
| -3% | -$776K |
|
1823
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $11.9M | ﹤0.01% |
99,424
+89,747
| +927% | +$10.7M |
|
1824
PUT
Genworth Financial
GNW
$3.73B
| $11.9M | ﹤0.01% |
1,396,000
-384,000
| -22% | -$4.03M |
|
1825
PUT
Universal Display
OLED
$3.97B
| $11.9M | ﹤0.01% |
427,600
-14,100
| -3% | -$402K |
|
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.