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 | |
|---|---|---|---|---|---|---|
1851
PUT
Axos Financial
AX
$5.58B
| $11.6M | ﹤0.01% |
594,000
-266,800
| -31% | -$5.01M |
|
|
ZIONW
1852
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $11.5M | ﹤0.01% |
2,846,798
| – | – |
|
|
STI
1853
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $11.5M | ﹤0.01% |
274,600
-45,400
| -14% | -$1.78M |
|
1854
CALL
Eagle Materials
EXP
$6.13B
| $11.5M | ﹤0.01% |
151,300
+43,900
| +41% | +$3.71M |
|
|
FIG
1855
DELISTED
Fortress Investment Group Llc
FIG
| $11.5M | ﹤0.01% |
1,433,935
+351,501
| +32% | +$2.58M |
|
1856
PUT
SL Green Realty
SLG
$4.19B
| $11.5M | ﹤0.01% |
99,789
+68,592
| +220% | +$7.59M |
|
|
SGEN
1857
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $11.5M | ﹤0.01% |
357,100
-344,300
| -49% | -$12M |
|
1858
CALL
Prologis
PLD
$136B
| $11.5M | ﹤0.01% |
266,400
+90,200
| +51% | +$3.7M |
|
1859
KB Home
KBH
$3.46B
| $11.4M | ﹤0.01% |
691,836
+98,553
| +17% | +$1.58M |
|
|
CONN
1860
DELISTED
Conn's Inc.
CONN
| $11.4M | ﹤0.01% |
612,583
+100,120
| +20% | +$2.83M |
|
1861
Ventas
VTR
$48.1B
| $11.4M | ﹤0.01% |
139,587
+72,077
| +107% | +$5.69M |
|
|
SKX
1862
CALL
DELISTED
Skechers
SKX
| $11.4M | ﹤0.01% |
620,100
-581,700
| -48% | -$10.9M |
|
1863
CALL
United States Gasoline Fund
UGA
$142M
| $11.4M | ﹤0.01% |
334,300
+292,100
| +692% | +$13.2M |
|
1864
CALL
Cardinal Health
CAH
$55.4B
| $11.4M | ﹤0.01% |
141,300
-23,600
| -14% | -$1.86M |
|
1865
CALL
Franklin Templeton
BEN
$17.8B
| $11.4M | ﹤0.01% |
206,000
-55,500
| -21% | -$3.07M |
|
|
LVLT
1866
DELISTED
Level 3 Communications Inc
LVLT
| $11.4M | ﹤0.01% |
230,802
+183,786
| +391% | +$8.49M |
|
1867
PUT
Regions Financial
RF
$26.3B
| $11.4M | ﹤0.01% |
1,077,200
-205,900
| -16% | -$2.06M |
|
|
TGNA
1868
DELISTED
TEGNA Inc
TGNA
| $11.4M | ﹤0.01% |
680,639
-143,999
| -17% | -$2.32M |
|
1869
PUT
Archer Daniels Midland
ADM
$38.5B
| $11.4M | ﹤0.01% |
218,600
-40,300
| -16% | -$2.01M |
|
|
OUTR
1870
DELISTED
OUTERWALL INC
OUTR
| $11.4M | ﹤0.01% |
151,055
+39,888
| +36% | +$2.56M |
|
|
RHT
1871
DELISTED
Red Hat Inc
RHT
| $11.4M | ﹤0.01% |
164,251
-148,437
| -47% | -$8.98M |
|
|
RDC
1872
DELISTED
Rowan Companies Plc
RDC
| $11.3M | ﹤0.01% |
485,042
+244,449
| +102% | +$5.65M |
|
1873
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$385M
| $11.3M | ﹤0.01% |
17,448
+10,133
| +139% | +$12.7M |
|
1874
PUT
Ross Stores
ROST
$75.2B
| $11.3M | ﹤0.01% |
239,800
-517,200
| -68% | -$21.8M |
|
1875
Portland General Electric
POR
$5.87B
| $11.3M | ﹤0.01% |
298,681
+122,577
| +70% | +$4.44M |
|
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.