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 | |
|---|---|---|---|---|---|---|
326
PUT
Oracle
ORCL
$422B
| $105M | 0.05% |
2,735,100
-196,700
| -7% | -$6.76M |
|
|
327
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $105M | 0.05% |
2,057,700
-556,400
| -21% | -$27M |
|
|
PNRA
328
PUT
DELISTED
Panera Bread Co
PNRA
| $104M | 0.05% |
590,900
+30,400
| +5% | +$5.1M |
|
329
NOV
NOV
$7.28B
| $104M | 0.05% |
1,454,642
-221,600
| -13% | -$16.1M |
|
|
VMW
330
CALL
DELISTED
VMware, Inc
VMW
| $104M | 0.05% |
1,160,800
+376,100
| +48% | +$31.1M |
|
331
PUT
The Mosaic Company
MOS
$7.76B
| $104M | 0.05% |
2,199,700
-1,131,300
| -34% | -$52.5M |
|
332
PUT
Cummins
CMI
$80.9B
| $104M | 0.05% |
737,600
+158,100
| +27% | +$21M |
|
|
NE
333
CALL
DELISTED
Noble Corporation
NE
| $104M | 0.05% |
3,166,478
+1,585,699
| +100% | +$52.6M |
|
334
CALL
Capri Holdings
CPRI
$1.55B
| $104M | 0.05% |
1,275,700
+106,300
| +9% | +$8.39M |
|
335
CALL
Under Armour
UAA
$2.32B
| $103M | 0.05% |
4,728,400
+1,520,400
| +47% | +$31.2M |
|
|
HES
336
PUT
DELISTED
Hess
HES
| $103M | 0.05% |
1,241,900
-91,900
| -7% | -$7.46M |
|
337
CALL
Trip.com Group
TCOM
$29B
| $103M | 0.05% |
4,148,000
+2,142,200
| +107% | +$55.9M |
|
338
Philip Morris
PM
$293B
| $103M | 0.05% |
1,176,906
-42,483
| -3% | -$3.71M |
|
339
CALL
CF Industries
CF
$19.6B
| $102M | 0.05% |
2,196,000
+192,500
| +10% | +$8.42M |
|
|
SNDK
340
CALL
DELISTED
SANDISK CORP
SNDK
| $102M | 0.05% |
1,450,800
-213,400
| -13% | -$14.4M |
|
341
CALL
PepsiCo
PEP
$196B
| $102M | 0.05% |
1,232,500
-943,900
| -43% | -$78.4M |
|
342
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $102M | 0.05% |
1,951,300
-495,700
| -20% | -$24.4M |
|
343
Tesla
TSLA
$1.43T
| $102M | 0.05% |
10,162,545
-4,153,695
| -29% | -$42.4M |
|
|
ANDV
344
DELISTED
Andeavor
ANDV
| $102M | 0.05% |
1,737,850
+1,255,093
| +260% | +$65.3M |
|
345
Coca-Cola
KO
$392B
| $101M | 0.05% |
2,454,599
-578,663
| -19% | -$22.8M |
|
346
Corning
GLW
$129B
| $101M | 0.05% |
5,683,887
+2,429,108
| +75% | +$40M |
|
|
HES
347
DELISTED
Hess
HES
| $101M | 0.05% |
1,219,651
-652,661
| -35% | -$53M |
|
348
CALL
AbbVie
ABBV
$468B
| $101M | 0.05% |
1,912,300
-274,500
| -13% | -$13.5M |
|
349
PUT
Abercrombie & Fitch
ANF
$4.84B
| $101M | 0.05% |
3,057,900
+335,000
| +12% | +$11.6M |
|
350
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $99.9M | 0.05% |
1,345,100
+274,300
| +26% | +$19.1M |
|
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.