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 | |
|---|---|---|---|---|---|---|
1926
Centene
CNC
$32.3B
| $10.8M | ﹤0.01% |
416,212
+55,848
| +15% | +$1.3M |
|
|
VER
1927
DELISTED
VEREIT, Inc.
VER
| $10.8M | ﹤0.01% |
238,759
+45,167
| +23% | +$2.21M |
|
|
NRF
1928
PUT
DELISTED
NorthStar Realty Finance Corp.
NRF
| $10.8M | ﹤0.01% |
307,250
-585,500
| -66% | -$20.9M |
|
1929
PUT
ProShares UltraShort QQQ
QID
$219M
| $10.8M | ﹤0.01% |
3,423
+1,417
| +71% | +$4.76M |
|
|
QEP
1930
CALL
DELISTED
QEP RESOURCES, INC.
QEP
| $10.8M | ﹤0.01% |
534,000
-1,646,500
| -76% | -$38.4M |
|
1931
PUT
Hain Celestial
HAIN
$69.9M
| $10.8M | ﹤0.01% |
184,600
-143,200
| -44% | -$7.75M |
|
1932
CALL
ProShares UltraPro QQQ
TQQQ
$35.5B
| $10.8M | ﹤0.01% |
5,299,200
-796,800
| -13% | -$1.53M |
|
|
ARMH
1933
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $10.8M | ﹤0.01% |
232,250
+122,881
| +112% | +$5.25M |
|
|
CAM
1934
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $10.7M | ﹤0.01% |
215,000
-92,700
| -30% | -$5.13M |
|
1935
CALL
Viavi Solutions
VIAV
$9.57B
| $10.7M | ﹤0.01% |
1,375,635
+291,652
| +27% | +$2.17M |
|
1936
PUT
Alnylam Pharmaceuticals
ALNY
$32B
| $10.7M | ﹤0.01% |
110,600
-110,600
| -50% | -$10.2M |
|
|
KATE
1937
CALL
DELISTED
Kate Spade & Company
KATE
| $10.7M | ﹤0.01% |
335,000
+171,800
| +105% | +$4.9M |
|
1938
Cencora
COR
$62.6B
| $10.7M | ﹤0.01% |
118,914
+30,063
| +34% | +$2.58M |
|
|
MXIM
1939
CALL
DELISTED
Maxim Integrated Products
MXIM
| $10.7M | ﹤0.01% |
336,000
+59,100
| +21% | +$1.74M |
|
1940
Motorola Solutions
MSI
$80.6B
| $10.7M | ﹤0.01% |
159,626
+119,936
| +302% | +$7.65M |
|
|
BITA
1941
DELISTED
Bitauto Holdings Limited
BITA
| $10.7M | ﹤0.01% |
152,059
+73,017
| +92% | +$5.61M |
|
|
AUXL
1942
CALL
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
| $10.7M | ﹤0.01% |
311,300
-372,400
| -54% | -$12.1M |
|
1943
State Street Health Care Select Sector SPDR ETF
XLV
$45.1B
| $10.7M | ﹤0.01% |
156,445
-230,196
| -60% | -$15.4M |
|
1944
PUT
Cboe Global Markets
CBOE
$32.6B
| $10.7M | ﹤0.01% |
168,400
+2,900
| +2% | +$173K |
|
1945
Moody's
MCO
$89.1B
| $10.7M | ﹤0.01% |
111,456
+66,223
| +146% | +$6.42M |
|
1946
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15B
| $10.7M | ﹤0.01% |
220,200
+30,300
| +16% | +$1.43M |
|
1947
PUT
Sturm, Ruger & Co
RGR
$611M
| $10.7M | ﹤0.01% |
307,800
-101,800
| -25% | -$4.16M |
|
|
AHD
1948
CALL
DELISTED
ATLAS ENERGY L P COM UNITS REPSTG LTD PARTNER INT (DE)
AHD
| $10.7M | ﹤0.01% |
342,100
-65,000
| -16% | -$2.02M |
|
1949
CALL
Altisource Portfolio Solutions
ASPS
$65M
| $10.7M | ﹤0.01% |
39,413
+22,938
| +139% | +$11.8M |
|
1950
PUT
Sarepta Therapeutics
SRPT
$2.06B
| $10.6M | ﹤0.01% |
734,600
-45,300
| -6% | -$767K |
|
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.