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 | |
|---|---|---|---|---|---|---|
376
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $92.6M | 0.04% |
2,390,800
-301,400
| -11% | -$10.4M |
|
377
PUT
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $92.1M | 0.04% |
4,799,222
-21,292,575
| -82% | -$392M |
|
378
iShares Silver Trust
SLV
$33.8B
| $91.5M | 0.04% |
4,891,927
-2,350,172
| -32% | -$47.1M |
|
379
Chevron
CVX
$403B
| $91.4M | 0.04% |
731,863
+257,003
| +54% | +$31.1M |
|
|
TWC
380
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $91.4M | 0.04% |
674,177
-47,526
| -7% | -$5.9M |
|
381
PUT
Intercontinental Exchange
ICE
$90.5B
| $91.3M | 0.04% |
2,028,500
+1,287,000
| +174% | +$53M |
|
382
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $91.2M | 0.04% |
5,101,800
+1,672,200
| +49% | +$28.3M |
|
383
Devon Energy
DVN
$54B
| $91M | 0.04% |
1,470,988
+214,327
| +17% | +$13.1M |
|
384
CALL
Eli Lilly
LLY
$1.12T
| $90.6M | 0.04% |
1,777,400
-214,600
| -11% | -$10.7M |
|
385
CALL
Kimberly-Clark
KMB
$36.4B
| $90.4M | 0.04% |
902,821
-468,828
| -34% | -$46.8M |
|
386
PUT
Altria Group
MO
$110B
| $90.3M | 0.04% |
2,352,000
+87,300
| +4% | +$3.22M |
|
387
PUT
Whirlpool
WHR
$2.63B
| $90.1M | 0.04% |
574,200
+16,500
| +3% | +$2.42M |
|
388
CALL
CVS Health
CVS
$119B
| $89.7M | 0.04% |
1,253,400
-76,000
| -6% | -$4.88M |
|
|
AMTD
389
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $89.7M | 0.04% |
2,927,500
-275,000
| -9% | -$7.83M |
|
|
POT
390
DELISTED
Potash Corp Of Saskatchewan
POT
| $89.5M | 0.04% |
2,715,464
+199,094
| +8% | +$6.35M |
|
391
PUT
Nokia
NOK
$57B
| $89.4M | 0.04% |
11,018,100
-1,914,500
| -15% | -$14.4M |
|
392
PUT
Corning
GLW
$129B
| $89.3M | 0.04% |
5,008,800
+1,240,200
| +33% | +$20.4M |
|
|
393
PUT
Devon Energy
DVN
$54B
| $89.2M | 0.04% |
1,441,500
+85,500
| +6% | +$5.24M |
|
394
CALL
Delta Air Lines
DAL
$54.2B
| $89M | 0.04% |
3,241,500
+667,000
| +26% | +$17.9M |
|
|
395
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| $88.8M | 0.04% |
2,126,432
-7,931,018
| -79% | -$332M |
|
|
ESRX
396
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $88.4M | 0.04% |
1,258,600
+92,200
| +8% | +$6.02M |
|
397
PUT
Ralph Lauren
RL
$22.2B
| $87.6M | 0.04% |
495,900
+137,000
| +38% | +$23.3M |
|
398
CALL
Seagate
STX
$193B
| $87.5M | 0.04% |
1,558,900
-122,700
| -7% | -$6.07M |
|
|
399
PUT
Seagate
STX
$193B
| $86.9M | 0.04% |
1,546,700
-106,200
| -6% | -$5.25M |
|
400
PUT
Clorox
CLX
$12.9B
| $86.8M | 0.04% |
936,000
+199,800
| +27% | +$18M |
|
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.