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 | |
|---|---|---|---|---|---|---|
|
SCTY
876
CALL
DELISTED
SolarCity Corporation
SCTY
| $34.8M | 0.02% |
612,400
+195,800
| +47% | +$10.1M |
|
|
AMTD
877
DELISTED
TD Ameritrade Holding Corp
AMTD
| $34.8M | 0.02% |
1,134,175
-1,148,226
| -50% | -$32.7M |
|
|
TFCF
878
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $34.7M | 0.02% |
1,004,142
+59,630
| +6% | +$1.99M |
|
879
PUT
Ionis Pharmaceuticals
IONS
$10.3B
| $34.6M | 0.02% |
868,200
+354,800
| +69% | +$12.6M |
|
880
Suncor Energy
SU
$78.8B
| $34.5M | 0.02% |
983,607
+340,389
| +53% | +$12M |
|
|
WPRT
881
Westport Fuel Systems
WPRT
$34.8M
| $34.4M | 0.02% |
175,605
+74,562
| +74% | +$16.5M |
|
|
WFT
882
CALL
DELISTED
Weatherford International plc
WFT
| $34.3M | 0.02% |
2,216,300
+26,800
| +1% | +$426K |
|
883
CALL
Dominion Energy
D
$58.6B
| $34.3M | 0.02% |
530,500
+57,300
| +12% | +$3.69M |
|
884
PUT
MBIA
MBI
$250M
| $34.3M | 0.02% |
2,870,500
-12,400
| -0.4% | -$143K |
|
885
CALL
Adobe
ADBE
$110B
| $34.2M | 0.02% |
571,600
+47,700
| +9% | +$2.64M |
|
|
ONIT
886
Onity Group
ONIT
$299M
| $34.2M | 0.02% |
41,140
-4,377
| -10% | -$3.6M |
|
887
CALL
Constellation Brands
STZ
$23.5B
| $34M | 0.02% |
483,700
-337,700
| -41% | -$22.6M |
|
888
CALL
Liberty Global Class A
LBTYA
$3.66B
| $34M | 0.02% |
927,538
+130,704
| +16% | +$4.38M |
|
889
CALL
Ashland
ASH
$3.38B
| $34M | 0.02% |
715,400
+500,371
| +233% | +$22.4M |
|
|
ALXN
890
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $33.9M | 0.02% |
254,400
-79,500
| -24% | -$9.54M |
|
|
WW
891
PUT
DELISTED
WW International
WW
| $33.8M | 0.02% |
1,025,400
+165,400
| +19% | +$5.77M |
|
892
PUT
D.R. Horton
DHI
$41.7B
| $33.8M | 0.02% |
1,512,400
+563,900
| +59% | +$10.9M |
|
|
RSX
893
DELISTED
VanEck Russia ETF
RSX
| $33.8M | 0.02% |
1,169,050
+978,659
| +514% | +$28.1M |
|
894
PUT
Avis
CAR
$5.19B
| $33.7M | 0.02% |
833,600
+222,000
| +36% | +$7.43M |
|
895
CALL
Fluor
FLR
$6.86B
| $33.6M | 0.02% |
419,000
-5,500
| -1% | -$420K |
|
|
PARA
896
CALL
DELISTED
Paramount Global Class B
PARA
| $33.4M | 0.02% |
524,700
+335,100
| +177% | +$19.7M |
|
|
MLNX
897
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $33.4M | 0.02% |
835,852
+340,846
| +69% | +$13M |
|
|
STI
898
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $33.4M | 0.02% |
907,400
-121,300
| -12% | -$4.23M |
|
|
CIE
899
PUT
DELISTED
Cobalt International Energy, Inc
CIE
| $33.4M | 0.02% |
135,300
-50,167
| -27% | -$15.7M |
|
|
BHI
900
PUT
DELISTED
Baker Hughes
BHI
| $33.4M | 0.02% |
603,800
+112,900
| +23% | +$6.18M |
|
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.