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 | |
|---|---|---|---|---|---|---|
476
PUT
Toyota
TM
$230B
| $72.8M | 0.03% |
596,800
+58,600
| +11% | +$7.37M |
|
|
WFM
477
DELISTED
Whole Foods Market Inc
WFM
| $72.6M | 0.03% |
1,255,753
+516,862
| +70% | +$30.6M |
|
478
PUT
Yelp
YELP
$1.29B
| $72.5M | 0.03% |
1,052,000
+266,900
| +34% | +$17.7M |
|
479
PUT
Fossil Group
FOSL
$333M
| $72.5M | 0.03% |
604,700
+208,000
| +52% | +$25.7M |
|
480
CALL
CME Group
CME
$99.8B
| $72.5M | 0.03% |
923,700
-403,300
| -30% | -$31.6M |
|
|
ADT
481
PUT
DELISTED
ADT Corp
ADT
| $72.2M | 0.03% |
1,783,600
+191,600
| +12% | +$7.88M |
|
482
PUT
Simon Property Group
SPG
$70.9B
| $72.2M | 0.03% |
504,181
+27,744
| +6% | +$4M |
|
483
CALL
Morgan Stanley
MS
$336B
| $72M | 0.03% |
2,294,600
-1,305,100
| -36% | -$38.8M |
|
|
QCOR
484
CALL
DELISTED
QUESTCOR PHARMA INC
QCOR
| $71.6M | 0.03% |
1,314,400
+169,500
| +15% | +$10M |
|
485
PUT
CVS Health
CVS
$119B
| $71.5M | 0.03% |
999,500
-29,700
| -3% | -$1.91M |
|
486
Cleveland-Cliffs
CLF
$6.62B
| $71.4M | 0.03% |
2,725,145
+1,781,604
| +189% | +$43.9M |
|
|
AGN
487
PUT
DELISTED
Allergan plc
AGN
| $71.4M | 0.03% |
424,800
+141,600
| +50% | +$22.1M |
|
488
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.78B
| $71.1M | 0.03% |
2,289,700
-13,300
| -0.6% | -$458K |
|
489
PUT
Humana
HUM
$46B
| $71M | 0.03% |
688,000
+226,700
| +49% | +$22.2M |
|
490
PUT
PNC Financial Services
PNC
$96.6B
| $70.7M | 0.03% |
911,900
+228,500
| +33% | +$17.1M |
|
491
CALL
HP
HPQ
$26.2B
| $70.5M | 0.03% |
5,547,278
-1,399,151
| -20% | -$16.1M |
|
492
CALL
APA Corp
APA
$14.8B
| $70.4M | 0.03% |
818,800
-281,600
| -26% | -$25.1M |
|
493
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $70.3M | 0.03% |
928,800
+122,400
| +15% | +$8.68M |
|
494
PUT
iShares MSCI South Korea ETF
EWY
$27.1B
| $70.2M | 0.03% |
1,086,200
+586,500
| +117% | +$37.2M |
|
495
PUT
C.H. Robinson
CHRW
$16.7B
| $70.2M | 0.03% |
1,203,900
+372,400
| +45% | +$21.9M |
|
496
CALL
Target
TGT
$77.4B
| $70M | 0.03% |
1,106,500
+204,300
| +23% | +$13.1M |
|
497
McDonald's
MCD
$193B
| $70M | 0.03% |
721,035
-840,831
| -54% | -$80.8M |
|
498
PUT
TripAdvisor
TRIP
$1.2B
| $69.9M | 0.03% |
844,300
+255,700
| +43% | +$20.9M |
|
|
LINE
499
PUT
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $69.6M | 0.03% |
2,259,000
-936,300
| -29% | -$27.2M |
|
500
CALL
Abercrombie & Fitch
ANF
$4.96B
| $69.3M | 0.03% |
2,107,100
+888,900
| +73% | +$30.7M |
|
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.