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 | |
|---|---|---|---|---|---|---|
|
PPLI
1951
CALL
People Inc
PPLI
$2.92B
| $10.6M | ﹤0.01% |
978,077
-867,288
| -47% | -$9.82M |
|
1952
Waters Corp
WAT
$40.7B
| $10.6M | ﹤0.01% |
94,249
+81,134
| +619% | +$8.89M |
|
|
DWA
1953
PUT
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $10.6M | ﹤0.01% |
475,700
+86,100
| +22% | +$1.95M |
|
|
YELL
1954
PUT
DELISTED
Yellow Corporation Common Stock
YELL
| $10.6M | ﹤0.01% |
472,000
-20,700
| -4% | -$443K |
|
1955
CALL
ICICI Bank
IBN
$108B
| $10.6M | ﹤0.01% |
1,010,790
+68,090
| +7% | +$695K |
|
1956
CALL
Northrop Grumman
NOC
$78.1B
| $10.6M | ﹤0.01% |
71,800
-52,900
| -42% | -$7.25M |
|
1957
PUT
Cadence Design Systems
CDNS
$92.2B
| $10.6M | ﹤0.01% |
557,500
-447,700
| -45% | -$8.04M |
|
|
CRC
1958
DELISTED
California Resources Corporation
CRC
| $10.6M | ﹤0.01% |
+191,835
| New | +$11.6M |
|
1959
CALL
America Movil
AMX
$70.8B
| $10.6M | ﹤0.01% |
476,300
-258,800
| -35% | -$6.03M |
|
1960
InterDigital
IDCC
$8.89B
| $10.6M | ﹤0.01% |
199,509
+37,921
| +23% | +$1.83M |
|
|
DWA
1961
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $10.6M | ﹤0.01% |
472,469
+460,357
| +3,801% | +$10.4M |
|
|
SODA
1962
PUT
DELISTED
SodaStream International Ltd
SODA
| $10.5M | ﹤0.01% |
523,600
-11,600
| -2% | -$254K |
|
|
HAR
1963
PUT
DELISTED
Harman International Industries
HAR
| $10.5M | ﹤0.01% |
98,700
-37,200
| -27% | -$3.83M |
|
1964
CALL
Five Below
FIVE
$14.2B
| $10.5M | ﹤0.01% |
257,900
-249,800
| -49% | -$10.1M |
|
|
WW
1965
CALL
DELISTED
WW International
WW
| $10.5M | ﹤0.01% |
423,800
+27,000
| +7% | +$725K |
|
|
RPTP
1966
PUT
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $10.5M | ﹤0.01% |
999,600
+400,200
| +67% | +$3.91M |
|
|
NTI
1967
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $10.5M | ﹤0.01% |
472,263
-119,743
| -20% | -$2.86M |
|
1968
Western Union
WU
$2.26B
| $10.5M | ﹤0.01% |
583,625
+224,335
| +62% | +$3.89M |
|
1969
CALL
Packaging Corp of America
PKG
$22B
| $10.4M | ﹤0.01% |
133,800
-170,100
| -56% | -$12.2M |
|
|
PVA
1970
PUT
DELISTED
PENN VIRGINIA CORP
PVA
| $10.4M | ﹤0.01% |
1,560,900
+292,700
| +23% | +$2.21M |
|
1971
CALL
Pacira BioSciences
PCRX
$1.03B
| $10.4M | ﹤0.01% |
117,600
+47,900
| +69% | +$4.53M |
|
1972
PUT
Martin Marietta Materials
MLM
$37.8B
| $10.4M | ﹤0.01% |
94,400
-8,700
| -8% | -$1.03M |
|
|
KLXI
1973
DELISTED
KLX Inc.
KLXI
| $10.4M | ﹤0.01% |
+299,051
| New | +$10.5M |
|
|
HOUS
1974
PUT
DELISTED
Anywhere Real Estate
HOUS
| $10.4M | ﹤0.01% |
233,500
+6,700
| +3% | +$278K |
|
|
CRZO
1975
CALL
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $10.4M | ﹤0.01% |
249,700
+58,000
| +30% | +$2.61M |
|
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.