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 | |
|---|---|---|---|---|---|---|
401
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.5B
| $86.6M | 0.04% |
79,020
+64,310
| +437% | +$97.7M |
|
402
PUT
McKesson
MCK
$100B
| $86.5M | 0.04% |
535,800
+387,500
| +261% | +$59.5M |
|
403
Vale
VALE
$62.1B
| $86.4M | 0.04% |
5,664,511
+924,595
| +20% | +$14.4M |
|
404
Pfizer
PFE
$160B
| $86.2M | 0.04% |
2,964,935
-729,866
| -20% | -$21.2M |
|
405
CALL
Deckers Outdoor
DECK
$12.5B
| $85.9M | 0.04% |
6,104,400
-1,394,400
| -19% | -$17.2M |
|
406
EOG Resources
EOG
$80.3B
| $85.9M | 0.04% |
1,023,622
+776,692
| +315% | +$66.6M |
|
|
BRCM
407
PUT
DELISTED
BROADCOM CORP CL-A
BRCM
| $85.9M | 0.04% |
2,897,100
+891,700
| +44% | +$24.3M |
|
|
OUTR
408
CALL
DELISTED
OUTERWALL INC
OUTR
| $84.6M | 0.04% |
1,258,100
+553,200
| +78% | +$36.1M |
|
409
State Street Energy Select Sector SPDR ETF
XLE
$41.8B
| $84.4M | 0.04% |
1,906,096
+964,184
| +102% | +$41.5M |
|
410
Johnson & Johnson
JNJ
$651B
| $84.2M | 0.04% |
919,457
-1,484,344
| -62% | -$137M |
|
|
DTV
411
PUT
DELISTED
DIRECTV COM STK (DE)
DTV
| $83.6M | 0.04% |
1,210,100
+424,000
| +54% | +$27.1M |
|
412
PUT
APA Corp
APA
$15.2B
| $83.5M | 0.04% |
971,700
-69,800
| -7% | -$6.21M |
|
413
PUT
Kimberly-Clark
KMB
$36.4B
| $83.5M | 0.04% |
833,566
-61,641
| -7% | -$6.15M |
|
414
lululemon athletica
LULU
$13.7B
| $83M | 0.04% |
1,406,749
+778,844
| +124% | +$53.5M |
|
415
PUT
United Airlines
UAL
$36.7B
| $82.9M | 0.04% |
2,192,000
-65,000
| -3% | -$2.28M |
|
416
CALL
Exelon
EXC
$45.1B
| $82.8M | 0.04% |
4,238,386
+24,955
| +0.6% | +$502K |
|
417
CALL
Philip Morris
PM
$293B
| $82.5M | 0.04% |
947,100
+321,700
| +51% | +$28.1M |
|
418
PUT
ConocoPhillips
COP
$162B
| $82.4M | 0.04% |
1,165,900
+149,400
| +15% | +$10.7M |
|
419
PUT
Bausch Health
BHC
$2.41B
| $82.3M | 0.04% |
701,300
+281,100
| +67% | +$30.8M |
|
420
PUT
F5
FFIV
$21.8B
| $82M | 0.04% |
902,300
-126,500
| -12% | -$10.8M |
|
421
CALL
Wolfspeed
WOLF
$1.34B
| $81.9M | 0.04% |
1,310,500
+502,300
| +62% | +$31M |
|
422
PUT
Eli Lilly
LLY
$1.12T
| $81.8M | 0.04% |
1,603,000
-48,900
| -3% | -$2.45M |
|
423
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $81.5M | 0.04% |
877,700
+784,900
| +846% | +$72.9M |
|
424
Las Vegas Sands
LVS
$30.5B
| $81.2M | 0.04% |
1,029,938
-732,824
| -42% | -$52.8M |
|
425
PUT
Comcast
CMCSA
$95.3B
| $81.2M | 0.04% |
3,125,800
+564,000
| +22% | +$13.6M |
|
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.