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 | |
|---|---|---|---|---|---|---|
|
ETFC
1226
DELISTED
E*Trade Financial Corporation
ETFC
| $22.4M | 0.01% |
1,141,562
+377,966
| +49% | +$6.72M |
|
1227
ArcelorMittal
MT
$54.9B
| $22.4M | 0.01% |
549,497
-79,261
| -13% | -$2.95M |
|
1228
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.85B
| $22.4M | 0.01% |
969,600
-291,800
| -23% | -$6.41M |
|
1229
PUT
Fastenal
FAST
$58.2B
| $22.4M | 0.01% |
1,884,800
+546,400
| +41% | +$6.56M |
|
1230
PUT
Mohawk Industries
MHK
$9.09B
| $22.4M | 0.01% |
150,200
-36,300
| -19% | -$4.96M |
|
1231
CALL
Western Union
WU
$2.27B
| $22.3M | 0.01% |
1,292,500
+653,400
| +102% | +$11.4M |
|
1232
PUT
Royal Gold
RGLD
$22.4B
| $22.3M | 0.01% |
483,700
-20,600
| -4% | -$972K |
|
1233
Fortinet
FTNT
$113B
| $22.3M | 0.01% |
5,820,605
+4,439,135
| +321% | +$17.3M |
|
|
EXXI
1234
CALL
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $22.3M | 0.01% |
822,300
+213,900
| +35% | +$6.14M |
|
|
SLXP
1235
CALL
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $22.2M | 0.01% |
247,300
+82,300
| +50% | +$6.56M |
|
1236
CALL
Workday
WDAY
$48.1B
| $22.2M | 0.01% |
267,400
+94,500
| +55% | +$7.46M |
|
1237
CALL
NextEra Energy
NEE
$175B
| $22.2M | 0.01% |
1,038,000
-716,800
| -41% | -$15.1M |
|
|
LXK
1238
DELISTED
Lexmark Intl Inc
LXK
| $22.2M | 0.01% |
625,381
+147,661
| +31% | +$5.2M |
|
1239
PUT
Marvell Technology
MRVL
$218B
| $22.2M | 0.01% |
1,544,600
+138,100
| +10% | +$1.78M |
|
1240
PUT
Illinois Tool Works
ITW
$80.3B
| $22.2M | 0.01% |
264,100
+3,300
| +1% | +$260K |
|
|
SWI
1241
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $22.2M | 0.01% |
586,855
+502,161
| +593% | +$17.5M |
|
1242
CALL
Enterprise Products Partners
EPD
$82.5B
| $22.2M | 0.01% |
669,600
-18,600
| -3% | -$579K |
|
1243
Advanced Micro Devices
AMD
$782B
| $22.2M | 0.01% |
5,734,703
+1,913,883
| +50% | +$6.86M |
|
1244
PUT
Nasdaq
NDAQ
$55.3B
| $22.2M | 0.01% |
1,670,400
+1,028,100
| +160% | +$12.6M |
|
1245
Deere & Co
DE
$171B
| $22.1M | 0.01% |
242,381
-167,125
| -41% | -$14.1M |
|
1246
Kinross Gold
KGC
$39B
| $22.1M | 0.01% |
5,050,298
+1,052,271
| +26% | +$5.02M |
|
|
1247
Royal Gold
RGLD
$22.4B
| $22.1M | 0.01% |
479,292
+85,309
| +22% | +$4.02M |
|
|
CZR
1248
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $22.1M | 0.01% |
1,024,100
-307,600
| -23% | -$6M |
|
1249
Delta Air Lines
DAL
$54.1B
| $22M | 0.01% |
801,311
+664,453
| +486% | +$17.9M |
|
|
RDS.B
1250
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $22M | 0.01% |
292,910
+274,765
| +1,514% | +$19.3M |
|
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.