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 | |
|---|---|---|---|---|---|---|
526
PUT
AGNC Investment
AGNC
$13B
| $64.1M | 0.03% |
3,321,700
-252,400
| -7% | -$5.37M |
|
|
GG
527
PUT
DELISTED
Goldcorp Inc
GG
| $63.8M | 0.03% |
2,944,400
+742,600
| +34% | +$17.4M |
|
|
LO
528
PUT
DELISTED
LORILLARD INC COM STK
LO
| $63.8M | 0.03% |
1,258,500
+74,100
| +6% | +$3.69M |
|
|
DISH
529
PUT
DELISTED
DISH Network Corp.
DISH
| $63.7M | 0.03% |
1,099,300
-801,400
| -42% | -$41M |
|
530
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $63.7M | 0.03% |
9,932,800
+515,200
| +5% | +$3.02M |
|
531
Alcoa
AA
$13B
| $63.6M | 0.03% |
2,489,634
-90,230
| -3% | -$2M |
|
532
PUT
Target
TGT
$77.2B
| $63.5M | 0.03% |
1,004,000
-242,300
| -19% | -$15.5M |
|
|
GG
533
CALL
DELISTED
Goldcorp Inc
GG
| $63.4M | 0.03% |
2,927,400
+1,170,500
| +67% | +$27.5M |
|
534
Amgen
AMGN
$240B
| $63.4M | 0.03% |
555,477
-373,168
| -40% | -$42.4M |
|
535
Comcast
CMCSA
$95.9B
| $63.2M | 0.03% |
2,431,740
+668,150
| +38% | +$16.1M |
|
536
CALL
Dollar General
DG
$27.6B
| $62.9M | 0.03% |
1,043,100
+411,800
| +65% | +$24.2M |
|
537
Home Depot
HD
$336B
| $62.3M | 0.03% |
756,146
-81,999
| -10% | -$6.39M |
|
|
KMP
538
CALL
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $62.1M | 0.03% |
770,300
+225,600
| +41% | +$18.2M |
|
|
CHK
539
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $62M | 0.03% |
12,079
-3,957
| -25% | -$20.1M |
|
540
PUT
Fluor
FLR
$6.86B
| $62M | 0.03% |
772,300
+394,300
| +104% | +$30.1M |
|
|
BHI
541
CALL
DELISTED
Baker Hughes
BHI
| $61.9M | 0.03% |
1,120,600
+114,200
| +11% | +$6.25M |
|
|
BBBY
542
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $61.9M | 0.03% |
770,700
-123,400
| -14% | -$9.55M |
|
543
CALL
Novartis
NVS
$300B
| $61.9M | 0.03% |
858,985
+442,940
| +106% | +$30.8M |
|
544
CALL
Whirlpool
WHR
$2.62B
| $61.8M | 0.03% |
394,000
-291,100
| -42% | -$42.7M |
|
545
CALL
Blackrock
BLK
$182B
| $61.8M | 0.03% |
195,200
-55,400
| -22% | -$16.5M |
|
546
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $61.8M | 0.03% |
1,854,700
+140,100
| +8% | +$4.34M |
|
|
JCP
547
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $61.7M | 0.03% |
6,740,400
-779,800
| -10% | -$6.5M |
|
|
SODA
548
PUT
DELISTED
SodaStream International Ltd
SODA
| $61.4M | 0.03% |
1,236,300
+271,600
| +28% | +$15.4M |
|
|
MDVN
549
PUT
DELISTED
MEDIVATION, INC.
MDVN
| $60.9M | 0.03% |
1,910,000
-239,400
| -11% | -$7.23M |
|
550
DuPont de Nemours
DD
$18.5B
| $60.8M | 0.03% |
541,021
+353,116
| +188% | +$36.2M |
|
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.