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 | |
|---|---|---|---|---|---|---|
|
DD
826
DELISTED
Du Pont De Nemours E I
DD
| $37.6M | 0.02% |
609,281
+93,629
| +18% | +$5.41M |
|
827
Vertex Pharmaceuticals
VRTX
$139B
| $37.6M | 0.02% |
505,450
+268,757
| +114% | +$18.7M |
|
828
CME Group
CME
$100B
| $37.5M | 0.02% |
478,547
-1,243,567
| -72% | -$97.4M |
|
829
iShares MSCI Japan ETF
EWJ
$22.4B
| $37.5M | 0.02% |
773,216
+143,630
| +23% | +$6.84M |
|
830
Edwards Lifesciences
EW
$52.2B
| $37.5M | 0.02% |
3,422,838
+2,671,392
| +356% | +$30.1M |
|
831
Loews
L
$22.8B
| $37.5M | 0.02% |
776,984
-32,739
| -4% | -$1.56M |
|
832
PUT
HSBC
HSBC
$357B
| $37.5M | 0.02% |
788,603
+338,188
| +75% | +$16M |
|
833
PUT
ArcelorMittal
MT
$54.8B
| $37.4M | 0.02% |
917,001
-40,978
| -4% | -$1.52M |
|
|
RDS.A
834
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $37.3M | 0.02% |
560,581
+123,979
| +28% | +$7.78M |
|
835
Illumina
ILMN
$33.7B
| $37.3M | 0.02% |
346,575
+125,062
| +56% | +$11.5M |
|
|
SD
836
PUT
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $37.2M | 0.02% |
6,130,600
-763,800
| -11% | -$4.57M |
|
837
CVS Health
CVS
$120B
| $37.1M | 0.02% |
518,974
+5,634
| +1% | +$362K |
|
838
PUT
Assured Guaranty
AGO
$3.26B
| $37.1M | 0.02% |
1,574,000
-149,700
| -9% | -$3.26M |
|
839
CALL
iShares Russell Mid-Cap ETF
IWR
$57.5B
| $36.9M | 0.02% |
982,800
-19,600
| -2% | -$708K |
|
|
QEP
840
CALL
DELISTED
QEP RESOURCES, INC.
QEP
| $36.8M | 0.02% |
1,201,900
+900,700
| +299% | +$28.2M |
|
|
SOHU
841
Sohu.com
SOHU
$379M
| $36.8M | 0.02% |
504,285
+50,564
| +11% | +$3.61M |
|
842
Capri Holdings
CPRI
$1.55B
| $36.8M | 0.02% |
452,848
+251,155
| +125% | +$19.8M |
|
843
PUT
Exelon
EXC
$45.7B
| $36.7M | 0.02% |
1,879,802
-913,122
| -33% | -$18.4M |
|
844
CALL
Newmont
NEM
$139B
| $36.6M | 0.02% |
1,588,700
-134,100
| -8% | -$3.44M |
|
|
PCYC
845
DELISTED
PHARMACYCLICS INC
PCYC
| $36.5M | 0.02% |
345,242
+136,375
| +65% | +$16.6M |
|
846
CALL
Energy Transfer Partners
ET
$72.6B
| $36.5M | 0.02% |
1,786,000
+236,000
| +15% | +$4.25M |
|
|
OPEN
847
CALL
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $36.4M | 0.02% |
459,100
-48,800
| -10% | -$3.74M |
|
848
CALL
FirstEnergy
FE
$26.9B
| $36.4M | 0.02% |
1,104,000
+256,700
| +30% | +$9.04M |
|
|
BTU
849
CALL
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $36.3M | 0.02% |
123,860
-17,593
| -12% | -$4.96M |
|
850
PUT
Lennar Class A
LEN
$21.2B
| $36.2M | 0.02% |
961,158
-174,393
| -15% | -$5.88M |
|
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.