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 | |
|---|---|---|---|---|---|---|
|
AKS
926
DELISTED
AK Steel Holding Corp
AKS
| $32.2M | 0.01% |
3,922,407
+1,748,385
| +80% | +$9.23M |
|
927
Marathon Petroleum
MPC
$102B
| $32.1M | 0.01% |
700,128
+118,346
| +20% | +$4.55M |
|
928
PUT
Radian Group
RDN
$4.86B
| $32.1M | 0.01% |
2,272,800
-179,800
| -7% | -$2.52M |
|
929
Merck
MRK
$372B
| $32.1M | 0.01% |
671,125
-645,344
| -49% | -$29.5M |
|
930
Dollar General
DG
$27.6B
| $32M | 0.01% |
531,259
+286,416
| +117% | +$16.8M |
|
931
PUT
Accenture
ACN
$114B
| $32M | 0.01% |
389,600
-375,300
| -49% | -$28.4M |
|
932
Colgate-Palmolive
CL
$73.8B
| $32M | 0.01% |
490,854
-244,087
| -33% | -$15.6M |
|
|
JNPR
933
CALL
DELISTED
Juniper Networks
JNPR
| $32M | 0.01% |
1,416,500
+52,600
| +4% | +$1.07M |
|
|
GRMN
934
PUT
Garmin
GRMN
$56.2B
| $31.9M | 0.01% |
689,300
-53,500
| -7% | -$2.54M |
|
|
NSM
935
PUT
DELISTED
Nationstar Mortgage Holdings
NSM
| $31.9M | 0.01% |
861,800
-429,900
| -33% | -$19.3M |
|
936
Simon Property Group
SPG
$71.4B
| $31.8M | 0.01% |
222,377
-663
| -0.3% | -$95.5K |
|
937
CALL
Reinsurance Group of America
RGA
$16B
| $31.8M | 0.01% |
411,100
+387,400
| +1,635% | +$28.2M |
|
938
CALL
Sherwin-Williams
SHW
$84.2B
| $31.8M | 0.01% |
520,200
-137,100
| -21% | -$8.39M |
|
939
PUT
Pultegroup
PHM
$24.7B
| $31.8M | 0.01% |
1,559,700
-167,500
| -10% | -$2.97M |
|
940
PUT
United Rentals
URI
$67.4B
| $31.7M | 0.01% |
406,500
-220,100
| -35% | -$14.7M |
|
941
PUT
Groupon
GRPN
$798M
| $31.7M | 0.01% |
134,480
-17,975
| -12% | -$3.71M |
|
942
ConocoPhillips
COP
$160B
| $31.6M | 0.01% |
447,662
+197,715
| +79% | +$14.2M |
|
|
CBI
943
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $31.6M | 0.01% |
380,200
-84,800
| -18% | -$6.43M |
|
944
HP
HPQ
$26.1B
| $31.6M | 0.01% |
2,483,984
-5,824,455
| -70% | -$66.9M |
|
|
CTXS
945
CALL
DELISTED
Citrix Systems Inc
CTXS
| $31.4M | 0.01% |
623,881
+145,044
| +30% | +$6.91M |
|
946
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $31.4M | 0.01% |
1,653,684
+860,840
| +109% | +$16.5M |
|
947
PUT
Royal Bank of Canada
RY
$284B
| $31.4M | 0.01% |
466,800
+29,700
| +7% | +$1.97M |
|
|
XLNX
948
DELISTED
Xilinx Inc
XLNX
| $31.4M | 0.01% |
683,265
+276,727
| +68% | +$12.4M |
|
949
PUT
Xerox
XRX
$374M
| $31.4M | 0.01% |
977,971
+22,238
| +2% | +$640K |
|
950
CALL
Suncor Energy
SU
$78.8B
| $31.2M | 0.01% |
891,200
-110,600
| -11% | -$3.89M |
|
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.