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 | |
|---|---|---|---|---|---|---|
|
QCOR
1201
DELISTED
QUESTCOR PHARMA INC
QCOR
| $22.9M | 0.01% |
420,942
-6,993
| -2% | -$413K |
|
1202
Medtronic
MDT
$118B
| $22.9M | 0.01% |
399,212
+3,881
| +1% | +$220K |
|
|
RAX
1203
CALL
DELISTED
Rackspace Hosting Inc
RAX
| $22.9M | 0.01% |
585,100
+212,000
| +57% | +$9.22M |
|
1204
Crocs
CROX
$5.91B
| $22.9M | 0.01% |
1,438,029
+1,341,493
| +1,390% | +$17.9M |
|
1205
PUT
Sarepta Therapeutics
SRPT
$1.99B
| $22.9M | 0.01% |
1,123,500
-169,900
| -13% | -$5.05M |
|
|
ALU
1206
CALL
DELISTED
Alcatel-Lucent
ALU
| $22.8M | 0.01% |
5,192,500
+747,124
| +17% | +$2.94M |
|
1207
Ulta Beauty
ULTA
$22.8B
| $22.8M | 0.01% |
236,149
+136,342
| +137% | +$16M |
|
1208
Under Armour
UAA
$2.22B
| $22.8M | 0.01% |
1,043,548
-195,880
| -16% | -$4.01M |
|
|
CHL
1209
CALL
DELISTED
China Mobile Limited
CHL
| $22.8M | 0.01% |
435,400
+175,700
| +68% | +$9.35M |
|
1210
iShares North American Natural Resources ETF
IGE
$779M
| $22.7M | 0.01% |
524,263
+136,645
| +35% | +$5.83M |
|
1211
Automatic Data Processing
ADP
$112B
| $22.7M | 0.01% |
320,127
+120,498
| +60% | +$8.1M |
|
1212
CenterPoint Energy
CNP
$25.7B
| $22.7M | 0.01% |
979,860
+733,131
| +297% | +$17.6M |
|
1213
CALL
Mohawk Industries
MHK
$9.07B
| $22.7M | 0.01% |
152,500
-38,900
| -20% | -$5.31M |
|
|
PAY
1214
CALL
DELISTED
Verifone Systems Inc
PAY
| $22.6M | 0.01% |
843,800
-36,000
| -4% | -$861K |
|
|
WLT
1215
PUT
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
| $22.6M | 0.01% |
1,360,700
-651,400
| -32% | -$10.2M |
|
1216
PUT
KB Home
KBH
$3.42B
| $22.6M | 0.01% |
1,237,000
-391,000
| -24% | -$6.72M |
|
1217
CALL
Intuit
INTU
$98.2B
| $22.6M | 0.01% |
296,200
+141,700
| +92% | +$10.2M |
|
1218
CALL
Trane Technologies
TT
$99.6B
| $22.6M | 0.01% |
366,700
-56,726
| -13% | -$3.12M |
|
1219
CALL
Zimmer Biomet
ZBH
$19.1B
| $22.6M | 0.01% |
249,672
+46,350
| +23% | +$4.01M |
|
1220
State Street Health Care Select Sector SPDR ETF
XLV
$45.6B
| $22.6M | 0.01% |
407,392
-245,804
| -38% | -$13.1M |
|
1221
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$409M
| $22.6M | 0.01% |
14
+8
| +133% | +$11.1M |
|
|
ARIA
1222
PUT
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $22.6M | 0.01% |
3,308,300
+2,478,400
| +299% | +$13.4M |
|
|
ARNA
1223
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $22.6M | 0.01% |
385,476
+256,130
| +198% | +$13.4M |
|
1224
CALL
Agnico Eagle Mines
AEM
$113B
| $22.5M | 0.01% |
853,500
-66,900
| -7% | -$1.8M |
|
1225
Yum! Brands
YUM
$42.8B
| $22.5M | 0.01% |
413,080
+343,061
| +490% | +$17.7M |
|
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.