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 | |
|---|---|---|---|---|---|---|
1901
CALL
T. Rowe Price
TROW
$24B
| $11M | ﹤0.01% |
128,400
-50,600
| -28% | -$4.12M |
|
1902
PUT
InterDigital
IDCC
$8.97B
| $11M | ﹤0.01% |
208,300
-63,800
| -23% | -$3.07M |
|
1903
PUT
New Oriental
EDU
$9.17B
| $11M | ﹤0.01% |
539,100
+33,100
| +7% | +$719K |
|
|
PVA
1904
CALL
DELISTED
PENN VIRGINIA CORP
PVA
| $11M | ﹤0.01% |
1,646,300
+438,900
| +36% | +$3.32M |
|
|
CY
1905
CALL
DELISTED
Cypress Semiconductor
CY
| $11M | ﹤0.01% |
770,000
+167,600
| +28% | +$1.85M |
|
|
SAVE
1906
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $11M | ﹤0.01% |
145,400
+81,800
| +129% | +$5.85M |
|
|
ALU
1907
DELISTED
Alcatel-Lucent
ALU
| $11M | ﹤0.01% |
3,095,497
+849,531
| +38% | +$2.65M |
|
1908
CALL
Itaú Unibanco
ITUB
$84.4B
| $10.9M | ﹤0.01% |
2,098,904
-627,136
| -23% | -$3.53M |
|
1909
CALL
Nabors Industries
NBR
$1.29B
| $10.9M | ﹤0.01% |
16,846
+9,340
| +124% | +$7.39M |
|
1910
ProShares UltraShort Bloomberg Crude Oil
SCO
$760M
| $10.9M | ﹤0.01% |
3,571
+1,755
| +97% | +$3.36M |
|
|
AKS
1911
CALL
DELISTED
AK Steel Holding Corp
AKS
| $10.9M | ﹤0.01% |
1,839,300
+506,900
| +38% | +$3.19M |
|
1912
Teleflex
TFX
$5.89B
| $10.9M | ﹤0.01% |
95,112
-44,696
| -32% | -$5.06M |
|
1913
PUT
Consolidated Edison
ED
$39.9B
| $10.9M | ﹤0.01% |
165,400
-104,900
| -39% | -$6.58M |
|
1914
CALL
ProShares Ultra Financials
UYG
$852M
| $10.9M | ﹤0.01% |
439,200
+141,600
| +48% | +$3.27M |
|
|
TRLA
1915
PUT
DELISTED
TRULIA INC (DEL)
TRLA
| $10.9M | ﹤0.01% |
236,900
-109,300
| -32% | -$5.13M |
|
1916
CALL
Corpay
CPAY
$26.8B
| $10.9M | ﹤0.01% |
73,300
-3,100
| -4% | -$447K |
|
|
SGEN
1917
DELISTED
Seagen Inc. Common Stock
SGEN
| $10.9M | ﹤0.01% |
339,119
+118,618
| +54% | +$4.14M |
|
1918
PUT
Plains All American Pipeline
PAA
$18B
| $10.9M | ﹤0.01% |
212,300
+63,700
| +43% | +$3.38M |
|
1919
PUT
Ovintiv
OVV
$17.9B
| $10.9M | ﹤0.01% |
156,900
-24,180
| -13% | -$2.06M |
|
1920
PUT
Edwards Lifesciences
EW
$52.6B
| $10.8M | ﹤0.01% |
510,600
| – | – |
|
1921
Stryker
SYK
$127B
| $10.8M | ﹤0.01% |
114,875
+50,703
| +79% | +$4.5M |
|
|
GRA
1922
PUT
DELISTED
W.R. Grace & Co.
GRA
| $10.8M | ﹤0.01% |
113,600
-4,900
| -4% | -$456K |
|
1923
CALL
iShares Russell Mid-Cap ETF
IWR
$57.6B
| $10.8M | ﹤0.01% |
259,200
+99,600
| +62% | +$4.04M |
|
|
ARNA
1924
PUT
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $10.8M | ﹤0.01% |
311,760
+11,470
| +4% | +$466K |
|
1925
CALL
ProShares Trust UltraShort MSCI Japan
EWV
$5.18M
| $10.8M | ﹤0.01% |
41,375
+35,750
| +636% | +$9.22M |
|
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.