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 | |
|---|---|---|---|---|---|---|
951
CALL
Sarepta Therapeutics
SRPT
$1.92B
| $31.2M | 0.01% |
1,530,400
-364,200
| -19% | -$10.8M |
|
952
PUT
General Dynamics
GD
$104B
| $31.1M | 0.01% |
326,000
+36,500
| +13% | +$3.26M |
|
|
WLL
953
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $31.1M | 0.01% |
1,676
| – | – |
|
954
Exelon
EXC
$45.7B
| $31M | 0.01% |
1,586,209
-1,122,807
| -41% | -$22.6M |
|
955
CALL
Kinder Morgan
KMI
$69B
| $31M | 0.01% |
860,700
-126,200
| -13% | -$4.42M |
|
956
PNC Financial Services
PNC
$97.2B
| $30.9M | 0.01% |
398,634
+242,045
| +155% | +$18.1M |
|
957
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$42.9B
| $30.9M | 0.01% |
309,800
+276,600
| +833% | +$28.1M |
|
958
CALL
Royal Gold
RGLD
$22.3B
| $30.8M | 0.01% |
669,600
+109,000
| +19% | +$5.14M |
|
959
CALL
Clorox
CLX
$13B
| $30.8M | 0.01% |
332,200
-38,800
| -10% | -$3.49M |
|
|
GPOR
960
PUT
DELISTED
Gulfport Energy Corp.
GPOR
| $30.8M | 0.01% |
487,500
-116,700
| -19% | -$7.07M |
|
|
SDRL
961
CALL
DELISTED
Seadrill Limited Common Stock
SDRL
| $30.8M | 0.01% |
2,799
+327
| +13% | +$3.86M |
|
962
NRG Energy
NRG
$23.5B
| $30.8M | 0.01% |
1,071,740
+568,065
| +113% | +$15.9M |
|
963
FirstEnergy
FE
$26.9B
| $30.8M | 0.01% |
932,995
+804,244
| +625% | +$28.3M |
|
964
PUT
Cirrus Logic
CRUS
$5.6B
| $30.7M | 0.01% |
1,504,700
-43,600
| -3% | -$941K |
|
|
965
CALL
General Dynamics
GD
$104B
| $30.7M | 0.01% |
321,200
+39,300
| +14% | +$3.51M |
|
966
PUT
Johnson Controls International
JCI
$86.6B
| $30.7M | 0.01% |
571,090
+334,537
| +141% | +$16.5M |
|
967
CALL
Waste Management
WM
$90.5B
| $30.6M | 0.01% |
681,900
-8,000
| -1% | -$349K |
|
968
Toyota
TM
$229B
| $30.6M | 0.01% |
250,700
+39,843
| +19% | +$5.01M |
|
969
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.52B
| $30.6M | 0.01% |
27,875
-7,790
| -22% | -$11.8M |
|
970
PUT
Akamai
AKAM
$15.2B
| $30.5M | 0.01% |
646,500
+104,300
| +19% | +$4.92M |
|
971
Chipotle Mexican Grill
CMG
$48.1B
| $30.5M | 0.01% |
2,861,850
+444,800
| +18% | +$4.52M |
|
972
Stratasys
SSYS
$670M
| $30.4M | 0.01% |
225,446
+45,890
| +26% | +$5.31M |
|
|
RHT
973
PUT
DELISTED
Red Hat Inc
RHT
| $30.4M | 0.01% |
541,800
-209,000
| -28% | -$9.68M |
|
974
PUT
General Mills
GIS
$21.9B
| $30.3M | 0.01% |
607,400
-64,300
| -10% | -$3.2M |
|
|
LO
975
CALL
DELISTED
LORILLARD INC COM STK
LO
| $30.3M | 0.01% |
597,800
-2,800
| -0.5% | -$140K |
|
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.