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 | |
|---|---|---|---|---|---|---|
426
PUT
Tapestry
TPR
$26B
| $81.1M | 0.04% |
1,444,800
+243,300
| +20% | +$13.1M |
|
427
PUT
Phillips 66
PSX
$96.9B
| $80.9M | 0.04% |
1,049,300
-579,000
| -36% | -$38.6M |
|
428
CALL
iShares Silver Trust
SLV
$33.8B
| $80.9M | 0.04% |
4,292,400
-3,465,200
| -45% | -$69.5M |
|
429
CALL
Deere & Co
DE
$175B
| $80.9M | 0.04% |
885,600
+226,600
| +34% | +$19.2M |
|
|
SCTY
430
PUT
DELISTED
SolarCity Corporation
SCTY
| $80.9M | 0.04% |
1,423,400
+348,300
| +32% | +$17.9M |
|
431
CALL
Home Depot
HD
$335B
| $80.6M | 0.04% |
978,900
-391,600
| -29% | -$30.5M |
|
|
TIF
432
PUT
DELISTED
Tiffany & Co.
TIF
| $80.5M | 0.04% |
867,700
+150,300
| +21% | +$12.5M |
|
433
PUT
Western Digital
WDC
$166B
| $80.4M | 0.04% |
1,267,037
-365,016
| -22% | -$20.4M |
|
|
LL
434
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $80.1M | 0.04% |
778,300
+533,500
| +218% | +$56.7M |
|
|
WBA
435
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $79.8M | 0.04% |
1,390,000
-1,043,400
| -43% | -$60.7M |
|
|
NE
436
PUT
DELISTED
Noble Corporation
NE
| $79.5M | 0.04% |
2,427,797
+758,358
| +45% | +$25.2M |
|
|
KMP
437
PUT
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $79.3M | 0.04% |
982,900
+63,000
| +7% | +$5.08M |
|
|
DD
438
CALL
DELISTED
Du Pont De Nemours E I
DD
| $79.2M | 0.04% |
1,283,712
+227,658
| +22% | +$13.2M |
|
439
CALL
C.H. Robinson
CHRW
$16.5B
| $79.1M | 0.04% |
1,356,300
-181,100
| -12% | -$10.6M |
|
|
DD
440
PUT
DELISTED
Du Pont De Nemours E I
DD
| $78.7M | 0.04% |
1,274,762
-152,053
| -11% | -$8.79M |
|
441
CALL
McKesson
MCK
$100B
| $78.6M | 0.04% |
487,000
+173,400
| +55% | +$26.6M |
|
442
CALL
iShares Core S&P Small-Cap ETF
IJR
$111B
| $78M | 0.04% |
1,428,800
-3,276,400
| -70% | -$171M |
|
443
PUT
Wolfspeed
WOLF
$1.34B
| $77.9M | 0.04% |
1,246,000
+16,500
| +1% | +$1.02M |
|
444
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$311M
| $77.6M | 0.04% |
980,089
+811,911
| +483% | +$62.1M |
|
445
Starbucks
SBUX
$122B
| $77.5M | 0.04% |
1,978,482
+952,438
| +93% | +$37.7M |
|
446
Visa
V
$693B
| $77.5M | 0.04% |
1,392,368
-1,020,340
| -42% | -$51.4M |
|
|
SINA
447
DELISTED
Sina Corp
SINA
| $77M | 0.04% |
914,500
+401,473
| +78% | +$32.8M |
|
448
CALL
Vodafone
VOD
$36.9B
| $76.8M | 0.04% |
1,917,561
-1,357,213
| -41% | -$51.1M |
|
449
CALL
FedEx
FDX
$76.9B
| $76.6M | 0.04% |
532,800
+209,000
| +65% | +$27.7M |
|
450
BP
BP
$115B
| $76.5M | 0.04% |
1,924,881
-1,479,678
| -43% | -$55.1M |
|
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.