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 | |
|---|---|---|---|---|---|---|
851
American Airlines Group
AAL
$9.02B
| $36.2M | 0.02% |
+1,433,148
| New | +$36.9M |
|
852
CALL
United States Oil Fund
USO
$2.07B
| $36.1M | 0.02% |
127,938
-127,837
| -50% | -$35.9M |
|
853
American Express
AXP
$228B
| $36.1M | 0.02% |
398,282
-480,895
| -55% | -$39.5M |
|
|
FRX
854
PUT
DELISTED
FOREST LABORATORIES INC
FRX
| $36.1M | 0.02% |
600,600
+435,800
| +264% | +$21.9M |
|
855
Teradata
TDC
$2.56B
| $36M | 0.02% |
790,646
+769,617
| +3,660% | +$34.9M |
|
856
Nike
NKE
$60.5B
| $35.9M | 0.02% |
913,464
+399,280
| +78% | +$15.3M |
|
|
MJN
857
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $35.8M | 0.02% |
427,900
-40,900
| -9% | -$3.33M |
|
858
TJX Companies
TJX
$155B
| $35.7M | 0.02% |
1,118,936
+761,562
| +213% | +$23.1M |
|
859
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $35.5M | 0.02% |
678,667
-616,326
| -48% | -$30.3M |
|
860
PUT
H&R Block
HRB
$6.62B
| $35.5M | 0.02% |
1,221,200
+52,800
| +5% | +$1.5M |
|
|
861
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $35.5M | 0.02% |
862,000
+63,600
| +8% | +$2.62M |
|
862
PUT
Delta Air Lines
DAL
$54.2B
| $35.4M | 0.02% |
1,287,600
+221,100
| +21% | +$5.94M |
|
|
IOC
863
PUT
DELISTED
Interoil Corporation
IOC
| $35.3M | 0.02% |
686,500
-1,129,600
| -62% | -$78.2M |
|
864
CALL
Canadian Natural Resources
CNQ
$104B
| $35.3M | 0.02% |
2,157,080
+1,109,568
| +106% | +$17.3M |
|
865
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$260M
| $35.2M | 0.02% |
39,110
-1,220
| -3% | -$1.01M |
|
|
RAD
866
PUT
DELISTED
Rite Aid Corporation
RAD
| $35.1M | 0.02% |
347,185
+163,230
| +89% | +$17.4M |
|
867
PUT
Wheaton Precious Metals
WPM
$72.8B
| $35.1M | 0.02% |
1,739,800
-620,800
| -26% | -$13.5M |
|
868
CALL
Palo Alto Networks
PANW
$286B
| $35.1M | 0.02% |
3,662,400
+2,611,800
| +249% | +$20.7M |
|
|
WBA
869
DELISTED
Walgreens Boots Alliance
WBA
| $35M | 0.02% |
609,508
-157,336
| -21% | -$9.15M |
|
870
CALL
NOV
NOV
$7.04B
| $35M | 0.02% |
487,738
-79,183
| -14% | -$5.76M |
|
|
871
Wheaton Precious Metals
WPM
$72.8B
| $35M | 0.02% |
1,732,290
+347,487
| +25% | +$7.55M |
|
872
Lumen
LUMN
$5.85B
| $34.9M | 0.02% |
1,096,400
+904,875
| +472% | +$28.9M |
|
|
VPHM
873
PUT
DELISTED
VIROPHARMA INC
VPHM
| $34.9M | 0.02% |
700,200
+447,300
| +177% | +$20M |
|
874
PUT
VirnetX Holding Corp
VHC
$52.1M
| $34.8M | 0.02% |
89,740
+40,145
| +81% | +$16M |
|
|
LNCO
875
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $34.8M | 0.02% |
1,130,216
+1,072,943
| +1,873% | +$32.8M |
|
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.