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 | |
|---|---|---|---|---|---|---|
|
RVBD
1976
PUT
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $10.4M | ﹤0.01% |
508,700
+30,000
| +6% | +$576K |
|
1977
Sony
SONY
$141B
| $10.4M | ﹤0.01% |
2,535,095
-3,926,130
| -61% | -$15.5M |
|
|
PNK
1978
CALL
DELISTED
Pinnacle Entertainment Inc.
PNK
| $10.4M | ﹤0.01% |
466,400
+302,900
| +185% | +$7.04M |
|
1979
CALL
W.W. Grainger
GWW
$62.9B
| $10.4M | ﹤0.01% |
40,700
-81,900
| -67% | -$20.2M |
|
1980
CALL
InterDigital
IDCC
$8.89B
| $10.4M | ﹤0.01% |
196,100
+16,200
| +9% | +$780K |
|
|
RPTP
1981
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $10.4M | ﹤0.01% |
985,437
+315,286
| +47% | +$3.08M |
|
|
AVNR
1982
DELISTED
AVANIR PHARMACEUTICALS, INC CL A
AVNR
| $10.4M | ﹤0.01% |
611,025
-80,088
| -12% | -$1.13M |
|
1983
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$423M
| $10.3M | ﹤0.01% |
16
+3
| +23% | +$3.57M |
|
|
PRXL
1984
DELISTED
Parexel International Corp
PRXL
| $10.3M | ﹤0.01% |
185,631
+42,752
| +30% | +$2.47M |
|
1985
Markel Group
MKL
$22.5B
| $10.3M | ﹤0.01% |
15,085
+617
| +4% | +$418K |
|
1986
Accenture
ACN
$111B
| $10.3M | ﹤0.01% |
115,236
+14,870
| +15% | +$1.23M |
|
|
FL
1987
CALL
DELISTED
Foot Locker
FL
| $10.3M | ﹤0.01% |
183,200
-127,100
| -41% | -$7.05M |
|
1988
iShares Silver Trust
SLV
$33.1B
| $10.3M | ﹤0.01% |
682,997
-4,820,355
| -88% | -$76.3M |
|
|
SBNY
1989
DELISTED
Signature Bank
SBNY
| $10.3M | ﹤0.01% |
81,489
+7,923
| +11% | +$946K |
|
1990
Travel + Leisure Co
TNL
$4.51B
| $10.3M | ﹤0.01% |
264,759
+69,119
| +35% | +$2.5M |
|
|
TFM
1991
CALL
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $10.2M | ﹤0.01% |
248,600
+108,500
| +77% | +$4.12M |
|
|
EGN
1992
CALL
DELISTED
Energen
EGN
| $10.2M | ﹤0.01% |
159,700
+1,700
| +1% | +$108K |
|
1993
Diageo
DEO
$52.1B
| $10.2M | ﹤0.01% |
89,238
-88,698
| -50% | -$10.3M |
|
1994
CALL
Lear
LEA
$8.28B
| $10.2M | ﹤0.01% |
103,800
-68,100
| -40% | -$6.25M |
|
1995
Macy's
M
$6B
| $10.2M | ﹤0.01% |
154,787
-84,318
| -35% | -$5.1M |
|
1996
CALL
Tractor Supply
TSCO
$18.2B
| $10.2M | ﹤0.01% |
645,500
+202,500
| +46% | +$2.9M |
|
|
LFC
1997
CALL
DELISTED
China Life Insurance Company Ltd.
LFC
| $10.2M | ﹤0.01% |
519,300
+247,800
| +91% | +$3.9M |
|
1998
PUT
Nabors Industries
NBR
$1.29B
| $10.1M | ﹤0.01% |
15,546
+8,796
| +130% | +$6.96M |
|
1999
MannKind Corp
MNKD
$1.32B
| $10.1M | ﹤0.01% |
386,631
+323,018
| +508% | +$9.12M |
|
2000
Aon
AON
$75.1B
| $10.1M | ﹤0.01% |
106,061
-3,226
| -3% | -$289K |
|
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.