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 | |
|---|---|---|---|---|---|---|
2051
ProShares UltraPro S&P 500
UPRO
$5.5B
| $9.67M | ﹤0.01% |
+875,388
| New | +$9.03M |
|
2052
W.W. Grainger
GWW
$62.9B
| $9.67M | ﹤0.01% |
37,945
-7,361
| -16% | -$1.82M |
|
|
CMA
2053
CALL
DELISTED
Comerica
CMA
| $9.67M | ﹤0.01% |
206,400
+59,500
| +41% | +$2.79M |
|
2054
PUT
Franklin Templeton
BEN
$17.8B
| $9.66M | ﹤0.01% |
174,400
+1,200
| +0.7% | +$66.3K |
|
2055
CALL
Vanguard Real Estate ETF
VNQ
$39.1B
| $9.65M | ﹤0.01% |
119,100
-4,200
| -3% | -$330K |
|
2056
PUT
Crown Castle
CCI
$32.1B
| $9.64M | ﹤0.01% |
122,500
-10,600
| -8% | -$849K |
|
2057
DaVita
DVA
$11.5B
| $9.64M | ﹤0.01% |
127,288
+106,614
| +516% | +$8.03M |
|
2058
CALL
Vornado Realty Trust
VNO
$7.27B
| $9.64M | ﹤0.01% |
111,945
-3,417
| -3% | -$274K |
|
2059
PUT
Markel Group
MKL
$22.5B
| $9.63M | ﹤0.01% |
14,100
-800
| -5% | -$543K |
|
|
GNC
2060
PUT
DELISTED
GNC Holdings, Inc.
GNC
| $9.63M | ﹤0.01% |
205,000
-408,400
| -67% | -$17.1M |
|
|
TQNT
2061
CALL
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $9.62M | ﹤0.01% |
349,000
-40,200
| -10% | -$894K |
|
2062
Factset
FDS
$10.5B
| $9.61M | ﹤0.01% |
68,300
-13,116
| -16% | -$1.74M |
|
|
ATCO
2063
PUT
DELISTED
Atlas Corp.
ATCO
| $9.61M | ﹤0.01% |
533,000
+144,600
| +37% | +$2.83M |
|
2064
Coeur Mining
CDE
$22B
| $9.56M | ﹤0.01% |
1,870,980
+1,401,204
| +298% | +$6.25M |
|
2065
CALL
Labcorp
LH
$27.2B
| $9.55M | ﹤0.01% |
103,014
-90,792
| -47% | -$8.02M |
|
2066
CALL
Boston Scientific
BSX
$69.8B
| $9.53M | ﹤0.01% |
719,000
+514,300
| +251% | +$6.57M |
|
2067
PUT
Coca-Cola Europacific Partners
CCEP
$48.1B
| $9.48M | ﹤0.01% |
214,400
-73,400
| -26% | -$3.17M |
|
2068
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$351M
| $9.46M | ﹤0.01% |
387,510
+290,295
| +299% | +$7.01M |
|
|
CFN
2069
DELISTED
CAREFUSION CORPORATION
CFN
| $9.45M | ﹤0.01% |
159,290
+4,593
| +3% | +$264K |
|
|
APL
2070
CALL
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $9.44M | ﹤0.01% |
346,100
-112,600
| -25% | -$3.63M |
|
2071
PUT
Bread Financial
BFH
$4.13B
| $9.41M | ﹤0.01% |
41,224
-8,019
| -16% | -$1.75M |
|
|
MW
2072
PUT
DELISTED
THE MENS WAREHOUSE INC
MW
| $9.41M | ﹤0.01% |
213,100
-53,200
| -20% | -$2.4M |
|
2073
PUT
Ally Financial
ALLY
$12.9B
| $9.4M | ﹤0.01% |
398,000
-642,100
| -62% | -$14.5M |
|
2074
PUT
Illinois Tool Works
ITW
$81.3B
| $9.39M | ﹤0.01% |
99,200
-104,400
| -51% | -$9.51M |
|
2075
PUT
Opko Health
OPK
$1.13B
| $9.39M | ﹤0.01% |
940,100
-551,800
| -37% | -$4.72M |
|
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.