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 | |
|---|---|---|---|---|---|---|
|
GAP
1051
CALL
The Gap Inc
GAP
$7.33B
| $27.9M | 0.01% |
713,800
+231,300
| +48% | +$9.06M |
|
|
RDS.A
1052
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $27.9M | 0.01% |
418,937
-21,734
| -5% | -$1.36M |
|
1053
PUT
Air Products & Chemicals
APD
$68.2B
| $27.9M | 0.01% |
269,601
-36,322
| -12% | -$3.66M |
|
1054
PUT
Conagra Brands
CAG
$8B
| $27.8M | 0.01% |
1,061,667
+113,337
| +12% | +$2.83M |
|
1055
CALL
Fortinet
FTNT
$112B
| $27.8M | 0.01% |
7,272,500
+4,590,500
| +171% | +$17.9M |
|
1056
TSMC
TSM
$2.13T
| $27.8M | 0.01% |
1,594,790
-268,472
| -14% | -$4.77M |
|
1057
Intercontinental Exchange
ICE
$91.5B
| $27.8M | 0.01% |
618,120
+455,035
| +279% | +$18.7M |
|
|
SOHU
1058
CALL
Sohu.com
SOHU
$379M
| $27.8M | 0.01% |
380,900
-342,100
| -47% | -$24.4M |
|
1059
CALL
SiriusXM
SIRI
$9.59B
| $27.8M | 0.01% |
795,500
+33,680
| +4% | +$1.26M |
|
1060
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$5.38B
| $27.7M | 0.01% |
15,160,000
+12,940,000
| +583% | +$20.1M |
|
|
CRR
1061
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $27.6M | 0.01% |
237,100
-118,800
| -33% | -$13.5M |
|
|
HIMX
1062
Himax Technologies
HIMX
$2.34B
| $27.6M | 0.01% |
1,878,250
+1,316,619
| +234% | +$13.9M |
|
|
SLXP
1063
PUT
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $27.6M | 0.01% |
307,100
+31,600
| +11% | +$2.52M |
|
|
NBL
1064
PUT
DELISTED
Noble Energy, Inc.
NBL
| $27.6M | 0.01% |
405,200
+114,000
| +39% | +$8.08M |
|
1065
F5
FFIV
$21.5B
| $27.6M | 0.01% |
303,569
+166,655
| +122% | +$14.2M |
|
|
CAM
1066
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $27.5M | 0.01% |
461,900
+219,600
| +91% | +$12.7M |
|
1067
CALL
Campbell Soup
CPB
$7.2B
| $27.5M | 0.01% |
634,700
+258,700
| +69% | +$10.7M |
|
|
NBIS
1068
CALL
Nebius Group N.V.
NBIS
$57.3B
| $27.4M | 0.01% |
635,100
+108,900
| +21% | +$4.24M |
|
|
VVUS
1069
PUT
DELISTED
Vivus Inc
VVUS
| $27.3M | 0.01% |
300,860
-13,790
| -4% | -$1.33M |
|
1070
CALL
Vipshop
VIPS
$6.88B
| $27.3M | 0.01% |
3,263,000
+774,000
| +31% | +$5.9M |
|
1071
PUT
Lumen
LUMN
$5.85B
| $27.3M | 0.01% |
856,700
-172,600
| -17% | -$5.52M |
|
1072
PUT
ProShares UltraShort S&P500
SDS
$399M
| $27.2M | 0.01% |
9,182
-716
| -7% | -$2.35M |
|
|
CVC
1073
PUT
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $27.2M | 0.01% |
1,517,900
+423,800
| +39% | +$6.85M |
|
1074
DTE Energy
DTE
$28.2B
| $27.2M | 0.01% |
481,425
+377,282
| +362% | +$21.6M |
|
|
ZNGA
1075
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $27.1M | 0.01% |
7,143,937
+193,045
| +3% | +$747K |
|
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.