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 | |
|---|---|---|---|---|---|---|
1876
ASML
ASML
$671B
| $11.3M | ﹤0.01% |
104,641
+101,605
| +3,347% | +$10.3M |
|
|
ARUN
1877
PUT
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $11.3M | ﹤0.01% |
620,500
+78,500
| +14% | +$1.57M |
|
|
OSG
1878
PUT
Octave Specialty Group
OSG
$207M
| $11.3M | ﹤0.01% |
459,900
-199,100
| -30% | -$4.64M |
|
1879
PUT
JetBlue
JBLU
$1.89B
| $11.2M | ﹤0.01% |
707,900
+439,600
| +164% | +$5.7M |
|
1880
PUT
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $11.2M | ﹤0.01% |
383,500
+276,500
| +258% | +$7.77M |
|
|
OVTI
1881
CALL
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $11.2M | ﹤0.01% |
430,800
+86,500
| +25% | +$2.29M |
|
|
1882
CALL
JetBlue
JBLU
$1.89B
| $11.2M | ﹤0.01% |
705,000
+416,100
| +144% | +$5.4M |
|
|
KING
1883
PUT
DELISTED
KING DIGITAL ENTMT PLC ORD SHS (IRL)
KING
| $11.2M | ﹤0.01% |
727,800
-10,200
| -1% | -$145K |
|
|
1884
JetBlue
JBLU
$1.89B
| $11.2M | ﹤0.01% |
704,514
+338,783
| +93% | +$4.39M |
|
|
1885
CALL
ASML
ASML
$671B
| $11.2M | ﹤0.01% |
103,600
-140,000
| -57% | -$14.2M |
|
1886
PUT
Analog Devices
ADI
$180B
| $11.1M | ﹤0.01% |
200,800
+20,300
| +11% | +$1.04M |
|
|
PCP
1887
CALL
DELISTED
PRECISION CASTPARTS CORP
PCP
| $11.1M | ﹤0.01% |
46,200
-7,200
| -13% | -$1.66M |
|
1888
Emerson Electric
EMR
$88.3B
| $11.1M | ﹤0.01% |
180,225
+23,597
| +15% | +$1.48M |
|
1889
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $11.1M | ﹤0.01% |
131,344
+124,444
| +1,804% | +$10.6M |
|
1890
OSI Systems
OSIS
$3.37B
| $11.1M | ﹤0.01% |
157,149
-125,721
| -44% | -$8.57M |
|
|
BKS
1891
DELISTED
Barnes & Noble
BKS
| $11.1M | ﹤0.01% |
730,603
+233,657
| +47% | +$3.32M |
|
|
FL
1892
PUT
DELISTED
Foot Locker
FL
| $11.1M | ﹤0.01% |
197,500
+74,400
| +60% | +$4.13M |
|
|
CS
1893
PUT
DELISTED
Credit Suisse Group
CS
| $11.1M | ﹤0.01% |
442,400
-50,500
| -10% | -$1.32M |
|
1894
iShares Core US Aggregate Bond ETF
AGG
$139B
| $11.1M | ﹤0.01% |
100,733
+28,917
| +40% | +$3.18M |
|
|
DNR
1895
DELISTED
Denbury Resources, Inc.
DNR
| $11.1M | ﹤0.01% |
1,364,130
+892,253
| +189% | +$9.26M |
|
|
QEP
1896
DELISTED
QEP RESOURCES, INC.
QEP
| $11.1M | ﹤0.01% |
548,461
-1,169,588
| -68% | -$27.3M |
|
|
SPLS
1897
DELISTED
Staples Inc
SPLS
| $11.1M | ﹤0.01% |
610,693
-956,700
| -61% | -$13.4M |
|
1898
Agios Pharmaceuticals
AGIO
$2.03B
| $11.1M | ﹤0.01% |
98,747
+90,460
| +1,092% | +$8.08M |
|
1899
PUT
Nucor
NUE
$57.3B
| $11.1M | ﹤0.01% |
225,300
-90,200
| -29% | -$4.69M |
|
1900
CALL
Ross Stores
ROST
$75.8B
| $11M | ﹤0.01% |
234,000
-694,200
| -75% | -$29.3M |
|
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.