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 | |
|---|---|---|---|---|---|---|
|
PXD
726
DELISTED
Pioneer Natural Resource Co.
PXD
| $44.4M | 0.02% |
240,958
+156,146
| +184% | +$30.1M |
|
|
S
727
PUT
DELISTED
Sprint Corporation
S
| $44.3M | 0.02% |
4,124,100
+1,028,000
| +33% | +$7.74M |
|
728
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $44.3M | 0.02% |
326,000
-227,000
| -41% | -$30.6M |
|
729
CALL
Nu Skin
NUS
$232M
| $44.3M | 0.02% |
320,500
-56,900
| -15% | -$6.7M |
|
|
ETP
730
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $44.3M | 0.02% |
773,600
-174,300
| -18% | -$9.25M |
|
731
CALL
TotalEnergies
TTE
$198B
| $44.3M | 0.02% |
722,700
-8,900
| -1% | -$530K |
|
|
CLR
732
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $44.2M | 0.02% |
786,400
+336,400
| +75% | +$18.8M |
|
|
SHLD
733
DELISTED
Sears Holding Corporation
SHLD
| $44.2M | 0.02% |
1,195,059
+247,348
| +26% | +$10.4M |
|
|
FRX
734
CALL
DELISTED
FOREST LABORATORIES INC
FRX
| $44.1M | 0.02% |
734,200
+414,700
| +130% | +$20.9M |
|
735
CALL
Yum! Brands
YUM
$42.9B
| $43.8M | 0.02% |
804,972
-381,412
| -32% | -$19.6M |
|
|
OUTR
736
PUT
DELISTED
OUTERWALL INC
OUTR
| $43.7M | 0.02% |
650,200
-383,700
| -37% | -$25M |
|
737
PUT
IDEX
IEX
$17.2B
| $43.7M | 0.02% |
591,400
-219,300
| -27% | -$15.2M |
|
738
Union Pacific
UNP
$184B
| $43.6M | 0.02% |
519,066
-234,174
| -31% | -$18.5M |
|
739
Marvell Technology
MRVL
$206B
| $43.5M | 0.02% |
3,022,576
+709,071
| +31% | +$9.13M |
|
740
CALL
Darden Restaurants
DRI
$25.6B
| $43.3M | 0.02% |
891,375
+300,481
| +51% | +$13.9M |
|
|
P
741
PUT
DELISTED
Pandora Media Inc
P
| $43.3M | 0.02% |
1,626,200
+587,300
| +57% | +$16.1M |
|
742
PUT
Mercado Libre
MELI
$98.8B
| $43.1M | 0.02% |
400,000
+105,300
| +36% | +$12.6M |
|
|
743
CALL
IDEX
IEX
$17.2B
| $43.1M | 0.02% |
583,800
-106,200
| -15% | -$7.38M |
|
744
CALL
Sysco
SYY
$40.1B
| $43.1M | 0.02% |
1,194,300
+525,300
| +79% | +$17.8M |
|
745
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $43.1M | 0.02% |
1,865,600
+184,800
| +11% | +$4.06M |
|
|
LNKD
746
DELISTED
LinkedIn Corporation
LNKD
| $43.1M | 0.02% |
198,576
-73,057
| -27% | -$16.6M |
|
|
INFA
747
CALL
DELISTED
INFORMATICA CORP
INFA
| $42.8M | 0.02% |
1,032,500
-39,000
| -4% | -$1.52M |
|
748
PUT
US Bancorp
USB
$97.3B
| $42.6M | 0.02% |
1,055,700
+595,300
| +129% | +$22.8M |
|
749
CALL
Abbott
ABT
$202B
| $42.6M | 0.02% |
1,111,300
+42,800
| +4% | +$1.58M |
|
750
PUT
Monster Beverage
MNST
$95.8B
| $42.5M | 0.02% |
7,527,600
-939,600
| -11% | -$4.61M |
|
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.