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 | |
|---|---|---|---|---|---|---|
|
MFA
2151
MFA Financial
MFA
$890M
| $8.81M | ﹤0.01% |
275,640
-154,148
| -36% | -$5.08M |
|
2152
Huntington Bancshares
HBAN
$34.4B
| $8.81M | ﹤0.01% |
837,129
-457,052
| -35% | -$4.56M |
|
2153
CALL
M&T Bank
MTB
$34.9B
| $8.81M | ﹤0.01% |
70,100
-36,000
| -34% | -$4.42M |
|
|
RICE
2154
CALL
DELISTED
Rice Energy Inc.
RICE
| $8.8M | ﹤0.01% |
419,800
+33,400
| +9% | +$829K |
|
|
NAV
2155
CALL
DELISTED
Navistar International
NAV
| $8.79M | ﹤0.01% |
262,400
-116,900
| -31% | -$4.03M |
|
2156
iShares MSCI China ETF
MCHI
$6.24B
| $8.78M | ﹤0.01% |
174,801
-313,597
| -64% | -$15.2M |
|
|
ARIA
2157
PUT
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $8.76M | ﹤0.01% |
1,275,700
-172,100
| -12% | -$1.08M |
|
2158
iShares MSCI South Korea ETF
EWY
$27.9B
| $8.75M | ﹤0.01% |
158,188
-130,025
| -45% | -$7.4M |
|
|
MHFI
2159
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $8.74M | ﹤0.01% |
98,206
+15,044
| +18% | +$1.32M |
|
2160
Macerich
MAC
$6.86B
| $8.71M | ﹤0.01% |
104,462
+66,975
| +179% | +$4.93M |
|
|
LNW
2161
DELISTED
Light & Wonder
LNW
| $8.7M | ﹤0.01% |
683,169
+558,293
| +447% | +$6.72M |
|
|
TUP
2162
DELISTED
Tupperware Brands Corporation
TUP
| $8.69M | ﹤0.01% |
137,941
+8,967
| +7% | +$586K |
|
2163
Toll Brothers
TOL
$13.7B
| $8.69M | ﹤0.01% |
253,468
+81,892
| +48% | +$2.67M |
|
|
ARRS
2164
PUT
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $8.68M | ﹤0.01% |
287,600
+119,000
| +71% | +$3.37M |
|
|
ADT
2165
DELISTED
ADT Corp
ADT
| $8.68M | ﹤0.01% |
239,590
-165,602
| -41% | -$5.7M |
|
2166
CALL
Masco
MAS
$14.5B
| $8.68M | ﹤0.01% |
391,927
-104,355
| -21% | -$2.15M |
|
2167
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.9M
| $8.67M | ﹤0.01% |
106,067
+97,154
| +1,090% | +$8.32M |
|
2168
Navient
NAVI
$879M
| $8.65M | ﹤0.01% |
400,419
+95,948
| +32% | +$1.92M |
|
2169
PUT
Rockwell Medical
RMTI
$31.9M
| $8.63M | ﹤0.01% |
7,627
-1,336
| -15% | -$1.37M |
|
|
SRCL
2170
CALL
DELISTED
Stericycle Inc
SRCL
| $8.63M | ﹤0.01% |
65,800
+5,100
| +8% | +$642K |
|
2171
Diamondrock Hospitality Co
DRH
$2.58B
| $8.62M | ﹤0.01% |
579,831
+159,664
| +38% | +$2.27M |
|
2172
MGM Resorts International
MGM
$10.9B
| $8.61M | ﹤0.01% |
402,837
+12,717
| +3% | +$276K |
|
2173
PUT
Pitney Bowes
PBI
$2.33B
| $8.61M | ﹤0.01% |
353,400
-111,900
| -24% | -$2.73M |
|
2174
Columbia Emerging Markets Consumer ETF
ECON
$316M
| $8.61M | ﹤0.01% |
339,717
+213,727
| +170% | +$5.6M |
|
|
PX
2175
CALL
DELISTED
Praxair Inc
PX
| $8.6M | ﹤0.01% |
66,400
-71,400
| -52% | -$9.04M |
|
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.