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 | |
|---|---|---|---|---|---|---|
576
PUT
Suncor Energy
SU
$78.8B
| $57.5M | 0.03% |
1,640,900
-472,900
| -22% | -$16.6M |
|
577
CALL
Hartford Financial Services
HIG
$37.6B
| $57.5M | 0.03% |
1,586,300
-792,400
| -33% | -$27.3M |
|
|
JOY
578
CALL
DELISTED
Joy Global Inc
JOY
| $57.4M | 0.03% |
980,700
+362,500
| +59% | +$20M |
|
579
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $57.3M | 0.03% |
576,968
+508,868
| +747% | +$51.6M |
|
580
PUT
NetApp
NTAP
$36.7B
| $57.2M | 0.03% |
1,391,400
-66,400
| -5% | -$2.7M |
|
581
PUT
AbbVie
ABBV
$467B
| $57.1M | 0.03% |
1,082,100
+522,400
| +93% | +$25.7M |
|
582
PUT
Trip.com Group
TCOM
$29B
| $57.1M | 0.03% |
2,303,200
+1,553,600
| +207% | +$40.5M |
|
|
ATHN
583
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $57.1M | 0.03% |
424,800
-47,700
| -10% | -$6.13M |
|
584
PUT
United Parcel Service
UPS
$87.4B
| $56.8M | 0.03% |
540,400
-10,000
| -2% | -$985K |
|
585
CALL
Baxter International
BAX
$13.7B
| $56.7M | 0.03% |
1,501,336
-738,793
| -33% | -$26.8M |
|
586
APA Corp
APA
$15.1B
| $56.7M | 0.03% |
659,344
-327,873
| -33% | -$29.2M |
|
|
ANDV
587
PUT
DELISTED
Andeavor
ANDV
| $56.6M | 0.03% |
967,800
-64,300
| -6% | -$3.34M |
|
|
COF.WS
588
DELISTED
Capital One Financial Corp
COF.WS
| $56.5M | 0.03% |
1,594,169
| – | – |
|
589
PUT
Nu Skin
NUS
$232M
| $56.4M | 0.03% |
408,300
-14,800
| -3% | -$1.74M |
|
590
CALL
Herc Holdings
HRI
$5.28B
| $56.3M | 0.03% |
655,200
+515,167
| +368% | +$36.8M |
|
591
AGNC Investment
AGNC
$13B
| $56.2M | 0.03% |
2,913,462
+1,449,206
| +99% | +$30.9M |
|
592
Newmont
NEM
$139B
| $56.1M | 0.03% |
2,437,939
+962,410
| +65% | +$24.7M |
|
593
PUT
Williams Companies
WMB
$86.8B
| $56M | 0.03% |
1,451,900
+934,700
| +181% | +$33.6M |
|
594
CALL
Humana
HUM
$46.4B
| $55.8M | 0.03% |
541,000
-29,800
| -5% | -$2.92M |
|
595
CALL
Eaton
ETN
$159B
| $55.8M | 0.03% |
732,600
+167,200
| +30% | +$11.9M |
|
596
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| – | – |
0
| – | – |
|
597
PUT
Archer Daniels Midland
ADM
$37.7B
| $55.5M | 0.03% |
1,279,200
+138,200
| +12% | +$5.59M |
|
598
CALL
The Mosaic Company
MOS
$7.63B
| $55.5M | 0.03% |
1,173,500
-177,300
| -13% | -$8.23M |
|
599
PUT
Liberty Global Class A
LBTYA
$3.66B
| $55.4M | 0.03% |
1,509,523
-1,221,925
| -45% | -$41M |
|
600
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $55.3M | 0.03% |
1,287,242
+322,366
| +33% | +$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.