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 | |
|---|---|---|---|---|---|---|
626
PUT
Advance Auto Parts
AAP
$2.59B
| $52.2M | 0.02% |
471,900
+133,200
| +39% | +$13.2M |
|
627
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $52.1M | 0.02% |
383,100
+213,900
| +126% | +$28.8M |
|
|
AGU
628
PUT
DELISTED
Agrium
AGU
| $52M | 0.02% |
568,700
-273,200
| -32% | -$24.1M |
|
|
AEGR
629
CALL
DELISTED
Aegerion Pharmaceuticals
AEGR
| $52M | 0.02% |
733,100
+338,100
| +86% | +$25.9M |
|
630
CALL
Cummins
CMI
$78.8B
| $51.9M | 0.02% |
368,000
+73,700
| +25% | +$9.78M |
|
|
AET
631
PUT
DELISTED
Aetna Inc
AET
| $51.9M | 0.02% |
756,100
+220,200
| +41% | +$14.4M |
|
632
Walmart Inc
WMT
$843B
| $51.6M | 0.02% |
1,966,287
+695,244
| +55% | +$18M |
|
633
CALL
BlackBerry
BB
$4.51B
| $51.5M | 0.02% |
6,912,800
+1,817,700
| +36% | +$12.8M |
|
634
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$260M
| $51.5M | 0.02% |
57,250
+1,000
| +2% | +$826K |
|
635
PUT
Deutsche Bank
DB
$72.3B
| $51.4M | 0.02% |
1,249,820
-9,155
| -0.7% | -$369K |
|
|
RHT
636
CALL
DELISTED
Red Hat Inc
RHT
| $51.2M | 0.02% |
913,800
-146,000
| -14% | -$6.76M |
|
|
637
PUT
BlackBerry
BB
$4.51B
| $51.2M | 0.02% |
6,869,000
-2,679,500
| -28% | -$18.9M |
|
638
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $51.2M | 0.02% |
1,531,400
-42,000
| -3% | -$1.34M |
|
639
PUT
Cognizant
CTSH
$27.9B
| $51.1M | 0.02% |
1,012,600
-401,800
| -28% | -$18.3M |
|
640
Mondelez International
MDLZ
$82.4B
| $51.1M | 0.02% |
1,447,642
+456,365
| +46% | +$15.2M |
|
641
CALL
Archer Daniels Midland
ADM
$37.6B
| $51M | 0.02% |
1,174,200
+594,400
| +103% | +$24M |
|
642
PepsiCo
PEP
$197B
| $50.9M | 0.02% |
613,202
-91,078
| -13% | -$7.56M |
|
643
CALL
Cboe Global Markets
CBOE
$32.2B
| $50.8M | 0.02% |
978,300
+96,500
| +11% | +$4.86M |
|
644
Elevance Health
ELV
$87.3B
| $50.8M | 0.02% |
549,875
+389,022
| +242% | +$34.6M |
|
645
CALL
Rio Tinto
RIO
$170B
| $50.8M | 0.02% |
899,700
-1,385,500
| -61% | -$72.1M |
|
|
NE
646
DELISTED
Noble Corporation
NE
| $50.6M | 0.02% |
1,544,236
-653,447
| -30% | -$21.7M |
|
|
ATHN
647
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $50.5M | 0.02% |
375,800
+143,200
| +62% | +$18.4M |
|
648
CALL
Stratasys
SSYS
$675M
| $50.5M | 0.02% |
375,200
+76,400
| +26% | +$8.83M |
|
649
3D Systems Corp
DDD
$523M
| $50.5M | 0.02% |
543,305
-87,452
| -14% | -$6.13M |
|
|
ADT
650
CALL
DELISTED
ADT Corp
ADT
| $50.4M | 0.02% |
1,244,400
-273,900
| -18% | -$11.3M |
|
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.