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 | |
|---|---|---|---|---|---|---|
2026
PUT
Entergy
ETR
$50B
| $9.87M | ﹤0.01% |
225,600
+71,800
| +47% | +$2.98M |
|
|
HOUS
2027
DELISTED
Anywhere Real Estate
HOUS
| $9.86M | ﹤0.01% |
221,584
-320,277
| -59% | -$13.3M |
|
2028
IAMGOLD
IAG
$12.3B
| $9.86M | ﹤0.01% |
3,650,434
+2,373,566
| +186% | +$5.49M |
|
2029
Fluor
FLR
$6.96B
| $9.84M | ﹤0.01% |
162,215
-121,900
| -43% | -$7.71M |
|
2030
CALL
Mattel
MAT
$4.35B
| $9.83M | ﹤0.01% |
317,800
-371,200
| -54% | -$11.4M |
|
2031
Healthpeak Properties
DOC
$14.9B
| $9.82M | ﹤0.01% |
244,986
+77,476
| +46% | +$3.07M |
|
|
WPZ
2032
PUT
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $9.8M | ﹤0.01% |
232,579
+65,390
| +39% | +$3.07M |
|
2033
CALL
Apollo Global Management
APO
$78.9B
| $9.78M | ﹤0.01% |
414,800
+77,200
| +23% | +$1.78M |
|
|
AUY
2034
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $9.77M | ﹤0.01% |
2,429,800
-92,000
| -4% | -$417K |
|
|
IMVP
2035
Invesco India ETF
IMVP
$106M
| $9.77M | ﹤0.01% |
465,257
-134,107
| -22% | -$2.92M |
|
2036
Southern Company
SO
$103B
| $9.76M | ﹤0.01% |
198,735
-223,692
| -53% | -$10.6M |
|
2037
Tenet Healthcare
THC
$22.1B
| $9.76M | ﹤0.01% |
192,582
+186,124
| +2,882% | +$9.73M |
|
2038
PUT
NCR Voyix
VYX
$1.23B
| $9.75M | ﹤0.01% |
545,398
+91,932
| +20% | +$1.61M |
|
2039
Cemex
CX
$15.8B
| $9.75M | ﹤0.01% |
1,075,916
-74,868
| -7% | -$778K |
|
|
GAP
2040
The Gap Inc
GAP
$7.61B
| $9.74M | ﹤0.01% |
231,356
-324,943
| -58% | -$12.7M |
|
|
LKM
2041
CALL
DELISTED
Link Motion Inc.
LKM
| $9.74M | ﹤0.01% |
2,490,300
+1,003,100
| +67% | +$6.74M |
|
|
CIE
2042
CALL
DELISTED
Cobalt International Energy, Inc
CIE
| $9.73M | ﹤0.01% |
72,987
+18,080
| +33% | +$2.75M |
|
2043
CALL
Rockwell Automation
ROK
$47.9B
| $9.73M | ﹤0.01% |
87,500
-87,000
| -50% | -$9.54M |
|
2044
PUT
iShares Semiconductor ETF
SOXX
$42B
| $9.73M | ﹤0.01% |
314,100
+81,300
| +35% | +$2.38M |
|
2045
CALL
Acadia Pharmaceuticals
ACAD
$5.1B
| $9.72M | ﹤0.01% |
306,300
-467,000
| -60% | -$13.2M |
|
2046
Douglas Emmett
DEI
$2B
| $9.72M | ﹤0.01% |
342,192
+14,020
| +4% | +$386K |
|
2047
PUT
State Street SPDR Dow Jones REIT ETF
RWR
$1.87B
| $9.7M | ﹤0.01% |
106,700
+17,800
| +20% | +$1.56M |
|
2048
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $9.69M | ﹤0.01% |
51,400
+32,200
| +168% | +$5.94M |
|
2049
Intercontinental Exchange
ICE
$90.9B
| $9.68M | ﹤0.01% |
220,595
-512,290
| -70% | -$22M |
|
2050
Cimpress
CMPR
$2.12B
| $9.67M | ﹤0.01% |
129,262
+121,878
| +1,651% | +$7.91M |
|
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.