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 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.22% |
| 2 | Consumer Discretionary | 1.95% |
| 3 | Energy | 1.77% |
| 4 | Financials | 1.73% |
| 5 | Healthcare | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $238M | 0.09% |
5,261,200
+535,200
| +11% | +$25.9M |
|
177
CALL
Petrobras
PBR
$123B
| $237M | 0.09% |
16,705,500
+5,625,400
| +51% | +$94.1M |
|
178
CALL
Wells Fargo
WFC
$254B
| $237M | 0.09% |
4,564,800
-575,300
| -11% | -$29.6M |
|
|
PARA
179
PUT
DELISTED
Paramount Global Class B
PARA
| $236M | 0.09% |
4,402,600
-8,931,000
| -67% | -$526M |
|
|
PXD
180
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $235M | 0.09% |
1,190,700
-57,900
| -5% | -$12.3M |
|
181
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $234M | 0.09% |
3,128,300
+797,200
| +34% | +$67.1M |
|
182
PUT
Cheniere Energy
LNG
$57.3B
| $233M | 0.09% |
2,909,300
-247,300
| -8% | -$18.9M |
|
183
Micron Technology
MU
$1.09T
| $230M | 0.09% |
6,708,965
+4,025,127
| +150% | +$130M |
|
184
PUT
United States Oil Fund
USO
$2.24B
| $230M | 0.09% |
833,225
+654,612
| +366% | +$189M |
|
185
PUT
VanEck Gold Miners ETF
GDX
$31.8B
| $229M | 0.09% |
10,722,000
-191,800
| -2% | -$4.9M |
|
186
PUT
Regeneron Pharmaceuticals
REGN
$85.9B
| $229M | 0.09% |
634,800
-58,600
| -8% | -$19.6M |
|
|
WBA
187
DELISTED
Walgreens Boots Alliance
WBA
| $228M | 0.09% |
3,840,001
+1,646,479
| +75% | +$108M |
|
188
CALL
Verizon
VZ
$205B
| $227M | 0.09% |
4,519,200
+1,524,700
| +51% | +$75.8M |
|
|
SCTY
189
PUT
DELISTED
SolarCity Corporation
SCTY
| $226M | 0.09% |
3,797,900
+822,200
| +28% | +$56.6M |
|
|
WBA
190
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $225M | 0.09% |
3,800,700
+350,600
| +10% | +$23M |
|
191
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $224M | 0.09% |
11,037,413
-215,641
| -2% | -$4.35M |
|
192
IBM
IBM
$222B
| $224M | 0.09% |
1,233,720
-379,148
| -24% | -$69.1M |
|
193
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $222M | 0.09% |
4,247,900
-291,100
| -6% | -$14.7M |
|
194
Mastercard
MA
$509B
| $222M | 0.09% |
3,001,843
-120,293
| -4% | -$9.16M |
|
195
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $222M | 0.09% |
1,973,800
-917,700
| -32% | -$87.4M |
|
196
PUT
CF Industries
CF
$19.6B
| $221M | 0.08% |
3,951,500
+282,000
| +8% | +$14.3M |
|
197
PUT
Johnson & Johnson
JNJ
$651B
| $220M | 0.08% |
2,065,400
+81,100
| +4% | +$8.41M |
|
198
CALL
Intuitive Surgical
ISRG
$134B
| $219M | 0.08% |
4,276,800
-1,334,700
| -24% | -$66.3M |
|
199
CALL
Herbalife
HLF
$1.33B
| $219M | 0.08% |
9,989,200
+2,405,000
| +32% | +$64.3M |
|
|
AGN
200
PUT
DELISTED
Allergan Inc
AGN
| $217M | 0.08% |
1,215,500
+158,400
| +15% | +$26.3M |
|
Similar funds
Jeff Yass's Q3 2014 Portfolio in Review
As of Q3 2014, Jeff Yass held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $28.7B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.6% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Jeff Yass's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Jeff Yass added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Jeff Yass's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Jeff Yass fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Jeff Yass's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Jeff Yass opened 983 new positions and closed 1,332 in Q3 2014.
- Jeff Yass's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.