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 | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $17.2B | 6.83% |
82,879,730
-14,713,420
| -15% | -$2.96B |
|
2
PUT
Apple
AAPL
$4.51T
| $8.62B | 3.42% |
312,294,400
-46,008,960
| -13% | -$1.25B |
|
|
3
CALL
Apple
AAPL
$4.51T
| $6.25B | 2.48% |
226,503,800
-46,636,160
| -17% | -$1.27B |
|
|
4
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $5.64B | 2.24% |
27,157,150
-3,673,720
| -12% | -$739M |
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $5.37B | 2.13% |
26,155,554
+6,068,575
| +30% | +$1.22B |
|
|
6
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $3.14B | 1.25% |
26,073,900
-9,180,300
| -26% | -$1.05B |
|
|
7
Apple
AAPL
$4.51T
| $3.03B | 1.2% |
109,791,064
-2,108,996
| -2% | -$57.4M |
|
8
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $2.93B | 1.16% |
111,248,998
+1,626,052
| +1% | +$43.6M |
|
|
9
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $2.77B | 1.1% |
104,709,092
-19,142,211
| -15% | -$514M |
|
10
CALL
Meta Platforms (Facebook)
META
$1.4T
| $2.21B | 0.88% |
28,290,200
+2,640,800
| +10% | +$202M |
|
|
11
PUT
Booking.com
BKNG
$158B
| $2.01B | 0.8% |
44,152,500
-8,045,000
| -15% | -$363M |
|
|
12
CALL
Booking.com
BKNG
$158B
| $1.8B | 0.71% |
39,485,000
-7,802,500
| -17% | -$352M |
|
|
13
PUT
Gilead Sciences
GILD
$181B
| $1.75B | 0.7% |
18,617,700
+4,525,200
| +32% | +$468M |
|
|
14
CALL
Alibaba
BABA
$286B
| $1.74B | 0.69% |
16,718,200
+15,297,400
| +1,077% | +$1.57B |
|
15
PUT
Tesla
TSLA
$1.43T
| $1.72B | 0.68% |
115,708,500
+11,713,500
| +11% | +$183M |
|
16
PUT
Amazon
AMZN
$2.79T
| $1.6B | 0.64% |
103,394,600
+5,431,200
| +6% | +$84.6M |
|
|
17
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.52B | 0.61% |
19,544,400
+3,576,400
| +22% | +$273M |
|
|
18
CALL
Amazon
AMZN
$2.79T
| $1.42B | 0.56% |
91,712,800
-8,575,800
| -9% | -$134M |
|
|
19
CALL
Tesla
TSLA
$1.43T
| $1.41B | 0.56% |
95,362,500
+22,371,000
| +31% | +$350M |
|
20
PUT
Invesco QQQ Trust
QQQ
$486B
| $1.32B | 0.52% |
12,795,900
-6,292,100
| -33% | -$636M |
|
|
YHOO
21
CALL
DELISTED
Yahoo Inc
YHOO
| $1.23B | 0.49% |
24,362,900
-5,888,400
| -19% | -$277M |
|
|
22
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.17B | 0.47% |
9,763,500
-11,276,500
| -54% | -$1.29B |
|
|
23
CALL
Gilead Sciences
GILD
$181B
| $1.15B | 0.45% |
12,158,200
+3,839,800
| +46% | +$397M |
|
|
24
PUT
Bank of America
BAC
$431B
| $1.14B | 0.45% |
63,560,900
-14,204,300
| -18% | -$243M |
|
|
25
PUT
Alibaba
BABA
$286B
| $1.09B | 0.43% |
10,532,200
+9,168,200
| +672% | +$941M |
|
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.