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 | |
|---|---|---|---|---|---|---|
2276
PUT
ProShares UltraShort Energy
DUG
$27.8M
| $7.78M | ﹤0.01% |
7,295
+4,760
| +188% | +$4.84M |
|
|
EBIX
2277
DELISTED
Ebix Inc
EBIX
| $7.77M | ﹤0.01% |
457,409
+33,899
| +8% | +$521K |
|
2278
Red Robin
RRGB
$191M
| $7.76M | ﹤0.01% |
100,811
+67,808
| +205% | +$4.31M |
|
2279
Kimberly-Clark
KMB
$36.7B
| $7.76M | ﹤0.01% |
67,128
-58,091
| -46% | -$6.45M |
|
2280
Zimmer Biomet
ZBH
$19.3B
| $7.74M | ﹤0.01% |
70,331
-57,508
| -45% | -$6.06M |
|
2281
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $7.74M | ﹤0.01% |
208,000
-1,600
| -0.8% | -$46.8K |
|
|
CS
2282
DELISTED
Credit Suisse Group
CS
| $7.74M | ﹤0.01% |
308,567
-14,571
| -5% | -$382K |
|
|
OKS
2283
PUT
DELISTED
Oneok Partners LP
OKS
| $7.74M | ﹤0.01% |
195,200
+130,500
| +202% | +$6.19M |
|
2284
CALL
KB Home
KBH
$3.44B
| $7.73M | ﹤0.01% |
467,200
-995,700
| -68% | -$16M |
|
|
DRC
2285
CALL
DELISTED
DRESSER-RAND GROUP INC
DRC
| $7.73M | ﹤0.01% |
94,500
-380,900
| -80% | -$31M |
|
2286
CALL
ProShares Ultra FTSE China 50 of PROSHARES TRUST
XPP
$8.61M
| $7.73M | ﹤0.01% |
111,600
-25,600
| -19% | -$1.57M |
|
|
WFC.WS
2287
DELISTED
Wells Fargo & Company Ws
WFC.WS
| $7.72M | ﹤0.01% |
361,347
-80,500
| -18% | -$1.66M |
|
|
FISV
2288
Fiserv Inc
FISV
$27.9B
| $7.71M | ﹤0.01% |
217,416
+129,596
| +148% | +$4.44M |
|
2289
Itaú Unibanco
ITUB
$83.9B
| $7.71M | ﹤0.01% |
1,479,251
+1,013,837
| +218% | +$5.7M |
|
|
IMOS
2290
ChipMOS TECHNOLOGIES
IMOS
$1.99B
| $7.7M | ﹤0.01% |
299,709
+212,490
| +244% | +$5.08M |
|
|
ACG
2291
DELISTED
AllianceBernstein Income Fund Inc
ACG
| $7.69M | ﹤0.01% |
1,029,681
-50,445
| -5% | -$380K |
|
2292
MarketAxess Holdings
MKTX
$5.72B
| $7.69M | ﹤0.01% |
107,194
+27,763
| +35% | +$1.83M |
|
2293
PUT
Edison International
EIX
$28.7B
| $7.68M | ﹤0.01% |
117,300
+64,500
| +122% | +$4.01M |
|
2294
Cracker Barrel
CBRL
$1.31B
| $7.68M | ﹤0.01% |
54,540
+15,693
| +40% | +$1.89M |
|
|
AEGR
2295
CALL
DELISTED
Aegerion Pharmaceuticals
AEGR
| $7.67M | ﹤0.01% |
366,500
-91,200
| -20% | -$2.3M |
|
2296
PUT
EnerSys
ENS
$6.96B
| $7.67M | ﹤0.01% |
124,200
+12,700
| +11% | +$749K |
|
2297
TechnipFMC
FTI
$29.7B
| $7.65M | ﹤0.01% |
219,428
-59,410
| -21% | -$2.25M |
|
|
GEVA
2298
PUT
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $7.65M | ﹤0.01% |
82,400
-34,300
| -29% | -$2.71M |
|
2299
PUT
Teradyne
TER
$56.8B
| $7.63M | ﹤0.01% |
385,500
-200,600
| -34% | -$3.78M |
|
|
INFA
2300
PUT
DELISTED
INFORMATICA CORP
INFA
| $7.63M | ﹤0.01% |
200,000
-70,200
| -26% | -$2.52M |
|
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.