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 | |
|---|---|---|---|---|---|---|
|
DTV
701
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
| $46.2M | 0.02% |
669,200
+128,500
| +24% | +$8.22M |
|
702
PUT
Expedia Group
EXPE
$40.7B
| $46.2M | 0.02% |
663,700
-441,100
| -40% | -$25.9M |
|
|
RAX
703
DELISTED
Rackspace Hosting Inc
RAX
| $46.1M | 0.02% |
1,179,050
+979,188
| +490% | +$42.6M |
|
|
KRFT
704
CALL
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $46.1M | 0.02% |
855,600
+133,400
| +18% | +$7.12M |
|
705
PUT
PPG Industries
PPG
$25.2B
| $46.1M | 0.02% |
486,000
+124,600
| +34% | +$11.2M |
|
706
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$200M
| $45.8M | 0.02% |
251,880
-34,480
| -12% | -$5.97M |
|
|
GM.WS.B
707
DELISTED
General Motors Company
GM.WS.B
| $45.8M | 0.02% |
1,978,443
+99,758
| +5% | +$2.03M |
|
708
CALL
Norfolk Southern
NSC
$79.3B
| $45.6M | 0.02% |
491,300
-99,500
| -17% | -$8.54M |
|
|
CIE
709
CALL
DELISTED
Cobalt International Energy, Inc
CIE
| $45.6M | 0.02% |
184,800
-6,560
| -3% | -$2.05M |
|
710
PUT
iShares MSCI Japan ETF
EWJ
$22.4B
| $45.5M | 0.02% |
937,525
+107,425
| +13% | +$5.12M |
|
|
S
711
CALL
DELISTED
Sprint Corporation
S
| $45.4M | 0.02% |
4,222,500
+1,651,900
| +64% | +$12.4M |
|
712
CALL
Monster Beverage
MNST
$95.8B
| $45.4M | 0.02% |
8,034,000
+1,206,000
| +18% | +$5.92M |
|
713
CALL
Medtronic
MDT
$119B
| $45.3M | 0.02% |
789,900
-352,100
| -31% | -$20M |
|
|
LINE
714
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $45.2M | 0.02% |
1,468,797
+218,884
| +18% | +$6.35M |
|
|
SOHU
715
PUT
Sohu.com
SOHU
$379M
| $45M | 0.02% |
617,700
-140,300
| -19% | -$10M |
|
716
PUT
Rio Tinto
RIO
$170B
| $45M | 0.02% |
797,400
-703,100
| -47% | -$36.6M |
|
717
United States Oil Fund
USO
$2.07B
| $45M | 0.02% |
159,080
+114,377
| +256% | +$32.1M |
|
|
ESV
718
PUT
DELISTED
Ensco Rowan plc
ESV
| $44.9M | 0.02% |
196,400
-18,450
| -9% | -$4.26M |
|
|
ARMH
719
CALL
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $44.9M | 0.02% |
820,500
-236,200
| -22% | -$11.5M |
|
720
CALL
Lockheed Martin
LMT
$130B
| $44.9M | 0.02% |
302,000
-10,400
| -3% | -$1.41M |
|
721
NetEase
NTES
$78.7B
| $44.9M | 0.02% |
2,855,055
+1,688,830
| +145% | +$23.7M |
|
722
Cummins
CMI
$78.7B
| $44.9M | 0.02% |
318,349
+176,207
| +124% | +$23.4M |
|
|
SPLS
723
PUT
DELISTED
Staples Inc
SPLS
| $44.9M | 0.02% |
2,823,500
+851,300
| +43% | +$13.3M |
|
724
CALL
Honeywell
HON
$68.1B
| $44.8M | 0.02% |
545,652
-73,006
| -12% | -$5.71M |
|
725
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $44.8M | 0.02% |
270,548
-526,541
| -66% | -$82.7M |
|
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.