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 |
iShares Russell 2000 ETF
IWM
|
+$580M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$256M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$200M |
| 4 |
Cheniere Energy
LNG
|
+$147M |
| 5 |
WisdomTree Japan Hedged Equity Fund
DXJ
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$889M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$332M |
| 3 |
HIG.WS
Hartford Financial Services Grp
HIG.WS
|
+$329M |
| 4 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$231M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.62% |
| 2 | Financials | 1.79% |
| 3 | Consumer Discretionary | 1.58% |
| 4 | Energy | 1.56% |
| 5 | Communication Services | 1.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
PUT
American Express
AXP
$227B
| $136M | 0.06% |
1,504,300
-36,700
| -2% | -$3.01M |
|
252
Blackstone
BX
$108B
| $136M | 0.06% |
4,405,547
+300,317
| +7% | +$8.19M |
|
253
PUT
Cleveland-Cliffs
CLF
$6.43B
| $136M | 0.06% |
5,175,500
+554,300
| +12% | +$13.7M |
|
254
CALL
Walmart Inc
WMT
$825B
| $135M | 0.06% |
5,140,800
-3,575,700
| -41% | -$92.3M |
|
255
PUT
Deere & Co
DE
$175B
| $134M | 0.06% |
1,469,800
+228,100
| +18% | +$19.3M |
|
256
Wells Fargo
WFC
$254B
| $134M | 0.06% |
2,954,303
+477,073
| +19% | +$20.6M |
|
257
PUT
iShares MSCI Mexico ETF
EWW
$1.86B
| $134M | 0.06% |
1,965,800
+793,500
| +68% | +$52.2M |
|
258
PUT
SLB Ltd
SLB
$79.9B
| $134M | 0.06% |
1,482,100
-340,600
| -19% | -$30.8M |
|
259
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $133M | 0.06% |
2,115,600
-1,067,500
| -34% | -$68.8M |
|
|
QCOR
260
PUT
DELISTED
QUESTCOR PHARMA INC
QCOR
| $133M | 0.06% |
2,443,500
+460,800
| +23% | +$27.2M |
|
261
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.37B
| $133M | 0.06% |
3,432,200
+174,400
| +5% | +$6M |
|
262
CALL
Regeneron Pharmaceuticals
REGN
$85.9B
| $133M | 0.06% |
482,400
+122,300
| +34% | +$35.2M |
|
263
PUT
iShares Core S&P Small-Cap ETF
IJR
$111B
| $132M | 0.06% |
2,424,600
-4,021,800
| -62% | -$210M |
|
264
PUT
Qualcomm
QCOM
$169B
| $132M | 0.06% |
1,778,100
-274,400
| -13% | -$19.4M |
|
|
CMCSK
265
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $131M | 0.06% |
2,634,415
-604,405
| -19% | -$30.1M |
|
|
HES
266
CALL
DELISTED
Hess
HES
| $130M | 0.06% |
1,570,900
+125,100
| +9% | +$10.2M |
|
267
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $130M | 0.06% |
2,350,000
+908,200
| +63% | +$48.6M |
|
268
PUT
Starbucks
SBUX
$122B
| $130M | 0.06% |
3,314,800
+1,593,800
| +93% | +$63M |
|
269
PUT
American Airlines Group
AAL
$9.15B
| $130M | 0.06% |
+5,133,200
| New | +$132M |
|
270
CALL
Amgen
AMGN
$238B
| $129M | 0.06% |
1,131,700
-118,200
| -9% | -$13.4M |
|
|
271
CALL
Cheniere Energy
LNG
$57.3B
| $129M | 0.06% |
2,990,900
-265,600
| -8% | -$10.6M |
|
|
JCP
272
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $128M | 0.06% |
14,043,000
-5,739,200
| -29% | -$47.9M |
|
273
PUT
AutoZone
AZO
$48.3B
| $128M | 0.06% |
268,000
-19,500
| -7% | -$8.75M |
|
274
PUT
HP
HPQ
$27.2B
| $128M | 0.06% |
10,074,370
-1,765,123
| -15% | -$20.3M |
|
|
CMCSK
275
CALL
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $128M | 0.06% |
2,563,300
+1,137,800
| +80% | +$56.8M |
|
Similar funds
Jeff Yass's Q4 2013 Portfolio in Review
As of Q4 2013, Jeff Yass held 9,880 positions worth $217B, up 15% from $189B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass deployed $9.58B of net new capital in Q4 2013, opening 1,544 new positions and adding to 3,872 existing holdings. Its largest new stake was American Airlines Group: 1,433,148 shares worth $36.2M.
By sector, the portfolio is most concentrated in Technology at 3.6% of assets, down from 3.9% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Apple, an estimated $889M trimmed.
- Jeff Yass's largest Q4 2013 buy was American Airlines Group: 1,433,148 shares worth $36.2M.
- Jeff Yass added most to iShares Russell 2000 ETF in Q4 2013, an estimated $580M increase.
- Jeff Yass's biggest Q4 2013 reduction was Apple, cutting an estimated $889M.
- Jeff Yass fully exited Hartford Financial Services Grp in Q4 2013, selling an estimated $329M.
- Jeff Yass's ten largest holdings make up 24% of its $217B portfolio in Q4 2013.
- Jeff Yass opened 1,544 new positions and closed 949 in Q4 2013.
- Jeff Yass's portfolio value rose 15% quarter-over-quarter to $217B.
Based on Susquehanna International Group's 13F filing for Q4 2013, filed 13 Feb 2014.