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 | |
|---|---|---|---|---|---|---|
|
XL
2001
DELISTED
XL Group Ltd.
XL
| $10.1M | ﹤0.01% |
292,553
+43,010
| +17% | +$1.47M |
|
2002
CALL
Advance Auto Parts
AAP
$2.66B
| $10.1M | ﹤0.01% |
63,100
-155,800
| -71% | -$22.9M |
|
|
QEP
2003
PUT
DELISTED
QEP RESOURCES, INC.
QEP
| $10M | ﹤0.01% |
496,500
-899,300
| -64% | -$21M |
|
2004
PUT
Quest Diagnostics
DGX
$27B
| $10M | ﹤0.01% |
149,600
-70,500
| -32% | -$4.45M |
|
2005
Lennar Class A
LEN
$21B
| $10M | ﹤0.01% |
234,988
-716,970
| -75% | -$29.7M |
|
2006
CALL
Analog Devices
ADI
$180B
| $10M | ﹤0.01% |
180,400
+48,800
| +37% | +$2.49M |
|
2007
PUT
United Parks & Resorts
PRKS
$1.96B
| $10M | ﹤0.01% |
559,500
-52,300
| -9% | -$919K |
|
2008
Cenovus Energy
CVE
$58.1B
| $10M | ﹤0.01% |
485,625
+423,448
| +681% | +$9.75M |
|
2009
CALL
Helmerich & Payne
HP
$4.14B
| $10M | ﹤0.01% |
148,500
+32,300
| +28% | +$2.52M |
|
2010
Manhattan Associates
MANH
$12.6B
| $10M | ﹤0.01% |
245,773
+87,273
| +55% | +$3.34M |
|
2011
PUT
Eagle Materials
EXP
$6.14B
| $10M | ﹤0.01% |
131,600
+98,500
| +298% | +$8.33M |
|
2012
Cheesecake Factory
CAKE
$5.74B
| $9.96M | ﹤0.01% |
197,927
+54,827
| +38% | +$2.59M |
|
2013
CALL
State Street Technology Select Sector SPDR ETF
XLK
$119B
| $9.95M | ﹤0.01% |
481,000
-1,098,600
| -70% | -$22.3M |
|
2014
Take-Two Interactive
TTWO
$43.7B
| $9.94M | ﹤0.01% |
354,678
-59,018
| -14% | -$1.51M |
|
2015
CALL
J.M. Smucker
SJM
$14B
| $9.94M | ﹤0.01% |
98,400
+15,600
| +19% | +$1.58M |
|
2016
ProShares Short VIX Short-Term Futures ETF
SVXY
$247M
| $9.93M | ﹤0.01% |
162,385
-638,015
| -80% | -$43.8M |
|
2017
CALL
iShares Russell 2000 Growth ETF
IWO
$15B
| $9.92M | ﹤0.01% |
69,700
-99,500
| -59% | -$13.5M |
|
|
MW
2018
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $9.92M | ﹤0.01% |
224,700
+141,300
| +169% | +$6.37M |
|
|
CTXS
2019
DELISTED
Citrix Systems Inc
CTXS
| $9.91M | ﹤0.01% |
195,114
-164,077
| -46% | -$8.48M |
|
2020
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$170M
| $9.91M | ﹤0.01% |
107,975
-56,725
| -34% | -$5.66M |
|
2021
CALL
Genuine Parts
GPC
$19.2B
| $9.9M | ﹤0.01% |
92,900
-56,300
| -38% | -$5.52M |
|
|
2022
PUT
Cenovus Energy
CVE
$58.1B
| $9.9M | ﹤0.01% |
479,900
+440,100
| +1,106% | +$10.1M |
|
|
AMJ
2023
PUT
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $9.89M | ﹤0.01% |
215,300
+133,100
| +162% | +$6.51M |
|
2024
PUT
Cimpress
CMPR
$2.12B
| $9.89M | ﹤0.01% |
132,100
+80,100
| +154% | +$5.2M |
|
2025
Plains All American Pipeline
PAA
$18.1B
| $9.88M | ﹤0.01% |
192,617
+169,215
| +723% | +$8.99M |
|
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.