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 | |
|---|---|---|---|---|---|---|
2101
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $9.2M | ﹤0.01% |
173,525
+157,391
| +976% | +$8.34M |
|
|
IPG
2102
DELISTED
Interpublic Group of Companies
IPG
| $9.2M | ﹤0.01% |
442,746
+85,559
| +24% | +$1.65M |
|
2103
PUT
Vanguard Morningstar Small-Cap ETF
VB
$82.2B
| $9.19M | ﹤0.01% |
78,800
-800
| -1% | -$91.1K |
|
2104
PUT
TC Energy
TRP
$65.5B
| $9.18M | ﹤0.01% |
186,900
+99,000
| +113% | +$4.8M |
|
2105
CALL
AGCO
AGCO
$7.81B
| $9.17M | ﹤0.01% |
202,900
+162,100
| +397% | +$7.18M |
|
2106
Chemed
CHE
$7.17B
| $9.16M | ﹤0.01% |
86,709
+34,388
| +66% | +$3.63M |
|
2107
PUT
VF Corp
VFC
$5.46B
| $9.14M | ﹤0.01% |
129,564
-17,098
| -12% | -$1.13M |
|
2108
PUT
Western Union
WU
$2.26B
| $9.14M | ﹤0.01% |
510,100
+2,400
| +0.5% | +$41.6K |
|
|
SKX
2109
PUT
DELISTED
Skechers
SKX
| $9.11M | ﹤0.01% |
494,400
+10,200
| +2% | +$191K |
|
|
VIAB
2110
DELISTED
Viacom Inc. Class B
VIAB
| $9.1M | ﹤0.01% |
120,860
-201,705
| -63% | -$14.7M |
|
2111
CALL
Clean Harbors
CLH
$16.6B
| $9.08M | ﹤0.01% |
188,900
+136,100
| +258% | +$6.63M |
|
|
KNDI
2112
CALL
Kandi Technologies Group
KNDI
$66.1M
| $9.08M | ﹤0.01% |
647,800
-181,000
| -22% | -$2.49M |
|
|
SCHW
2113
PUT
Charles Schwab
SCHW
$189B
| $9.07M | ﹤0.01% |
300,600
+204,300
| +212% | +$5.8M |
|
2114
Banco Bradesco
BBD
$35.5B
| $9.07M | ﹤0.01% |
1,731,021
+944,926
| +120% | +$5.29M |
|
2115
ProShares UltraPro QQQ
TQQQ
$35.5B
| $9.07M | ﹤0.01% |
4,468,800
+1,620,672
| +57% | +$3.1M |
|
|
LFC
2116
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $9.07M | ﹤0.01% |
463,500
-85,200
| -16% | -$1.34M |
|
|
CODE
2117
PUT
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $9.06M | ﹤0.01% |
264,800
+43,000
| +19% | +$1.02M |
|
|
SIAL
2118
PUT
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $9.06M | ﹤0.01% |
66,000
-2,300
| -3% | -$313K |
|
|
SNBR
2119
DELISTED
Sleep Number
SNBR
| $9.05M | ﹤0.01% |
334,962
+37,285
| +13% | +$929K |
|
|
PNC.WS
2120
DELISTED
PNC Financial Services Group Inc
PNC.WS
| $9.05M | ﹤0.01% |
362,761
| – | – |
|
|
GLOG
2121
CALL
DELISTED
GASLOG LTD
GLOG
| $9.03M | ﹤0.01% |
443,900
+245,700
| +124% | +$4.82M |
|
2122
CALL
Celldex Therapeutics
CLDX
$3.19B
| $9.02M | ﹤0.01% |
32,953
-2,307
| -7% | -$574K |
|
|
RVBD
2123
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $9.02M | ﹤0.01% |
441,991
+169,713
| +62% | +$3.26M |
|
|
ONIT
2124
Onity Group
ONIT
$288M
| $9.02M | ﹤0.01% |
39,803
+21,944
| +123% | +$7.15M |
|
|
KERX
2125
PUT
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $9.01M | ﹤0.01% |
636,900
-149,100
| -19% | -$2.31M |
|
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.