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 | |
|---|---|---|---|---|---|---|
|
MNK
201
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $235M | 0.09% |
2,375,100
-954,100
| -29% | -$87.7M |
|
202
PUT
eBay
EBAY
$46.3B
| $234M | 0.09% |
9,926,928
-4,449,298
| -31% | -$101M |
|
203
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $233M | 0.09% |
2,306,700
+241,200
| +12% | +$23.4M |
|
204
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| $232M | 0.09% |
1
-1
| -50% | -$164M |
|
205
Walmart Inc
WMT
$825B
| $230M | 0.09% |
8,045,379
+1,875,141
| +30% | +$50.7M |
|
206
CALL
Applied Materials
AMAT
$391B
| $230M | 0.09% |
9,218,300
+4,387,200
| +91% | +$99.1M |
|
207
PUT
3D Systems Corp
DDD
$530M
| $229M | 0.09% |
6,967,850
+1,245,600
| +22% | +$44.9M |
|
|
AGN
208
PUT
DELISTED
Allergan Inc
AGN
| $228M | 0.09% |
1,074,000
-141,500
| -12% | -$28.1M |
|
209
PUT
Bristol-Myers Squibb
BMY
$137B
| $227M | 0.09% |
3,838,000
-107,300
| -3% | -$6.05M |
|
210
iShares MSCI Brazil ETF
EWZ
$8.52B
| $225M | 0.09% |
6,157,549
+2,940,778
| +91% | +$119M |
|
211
CALL
United Airlines
UAL
$36.7B
| $224M | 0.09% |
3,344,400
+480,800
| +17% | +$26.6M |
|
212
PUT
Transocean
RIG
$6.61B
| $221M | 0.09% |
12,040,700
+5,293,500
| +78% | +$132M |
|
213
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $218M | 0.09% |
4,702,200
-1,083,900
| -19% | -$55.2M |
|
214
PUT
Capri Holdings
CPRI
$1.55B
| $215M | 0.09% |
2,867,500
+529,000
| +23% | +$39.4M |
|
|
TIF
215
CALL
DELISTED
Tiffany & Co.
TIF
| $213M | 0.08% |
1,992,400
+1,673,300
| +524% | +$167M |
|
216
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $213M | 0.08% |
9,005,312
+6,963,706
| +341% | +$158M |
|
|
MON
217
PUT
DELISTED
Monsanto Co
MON
| $210M | 0.08% |
1,755,200
+333,700
| +23% | +$38.8M |
|
218
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $208M | 0.08% |
1,752,500
-221,300
| -11% | -$24.9M |
|
219
Meta Platforms (Facebook)
META
$1.4T
| $207M | 0.08% |
2,656,395
+509,072
| +24% | +$38.9M |
|
220
PUT
Delta Air Lines
DAL
$54.2B
| $207M | 0.08% |
4,203,800
-1,159,200
| -22% | -$48.8M |
|
221
PUT
3M
MMM
$92.3B
| $207M | 0.08% |
1,503,372
-686,265
| -31% | -$88.1M |
|
222
PUT
FedEx
FDX
$76.9B
| $206M | 0.08% |
1,187,400
+181,100
| +18% | +$30.6M |
|
223
CALL
Avis
CAR
$5.18B
| $206M | 0.08% |
3,100,600
+2,251,400
| +265% | +$129M |
|
|
WFM
224
CALL
DELISTED
Whole Foods Market Inc
WFM
| $206M | 0.08% |
4,076,000
-175,200
| -4% | -$7.72M |
|
225
PUT
Costco
COST
$420B
| $205M | 0.08% |
1,446,000
+128,900
| +10% | +$17.5M |
|
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.