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 | |
|---|---|---|---|---|---|---|
1251
PUT
Aflac
AFL
$58.4B
| $22M | 0.01% |
658,600
-189,600
| -22% | -$6.22M |
|
1252
CALL
Oshkosh
OSK
$9.56B
| $22M | 0.01% |
436,300
+342,800
| +367% | +$17.1M |
|
|
INVN
1253
CALL
DELISTED
Invensense Inc
INVN
| $21.9M | 0.01% |
1,055,000
+294,900
| +39% | +$5.28M |
|
|
S
1254
DELISTED
Sprint Corporation
S
| $21.9M | 0.01% |
2,035,855
+764,773
| +60% | +$5.76M |
|
1255
CALL
Nucor
NUE
$55.9B
| $21.9M | 0.01% |
409,600
-292,200
| -42% | -$15.1M |
|
1256
CALL
Motorola Solutions
MSI
$80.3B
| $21.9M | 0.01% |
323,800
-101,200
| -24% | -$6.45M |
|
1257
CALL
Bread Financial
BFH
$4.13B
| $21.9M | 0.01% |
104,124
+57,512
| +123% | +$11M |
|
1258
CALL
Terex
TEX
$7.46B
| $21.8M | 0.01% |
519,800
-215,500
| -29% | -$7.81M |
|
1259
PUT
MGIC Investment
MTG
$6.35B
| $21.8M | 0.01% |
2,580,200
+1,112,500
| +76% | +$8.88M |
|
1260
Darden Restaurants
DRI
$25.2B
| $21.7M | 0.01% |
445,680
+309,683
| +228% | +$14.3M |
|
|
AVP
1261
PUT
DELISTED
Avon Products, Inc.
AVP
| $21.7M | 0.01% |
1,257,500
+699,300
| +125% | +$13.1M |
|
1262
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $21.6M | 0.01% |
512,400
+205,100
| +67% | +$8.27M |
|
1263
CALL
Wheaton Precious Metals
WPM
$73.8B
| $21.6M | 0.01% |
1,070,900
-735,600
| -41% | -$16M |
|
1264
Phillips 66
PSX
$95.9B
| $21.6M | 0.01% |
279,859
-671,977
| -71% | -$44.8M |
|
1265
PUT
Steel Dynamics
STLD
$32.7B
| $21.6M | 0.01% |
1,103,800
+10,000
| +0.9% | +$183K |
|
|
BID
1266
CALL
DELISTED
Sotheby's
BID
| $21.5M | 0.01% |
404,700
+63,500
| +19% | +$3.27M |
|
1267
CALL
Cencora
COR
$61.8B
| $21.5M | 0.01% |
306,200
+73,700
| +32% | +$4.95M |
|
|
SPLK
1268
CALL
DELISTED
Splunk Inc
SPLK
| $21.5M | 0.01% |
313,300
-50,700
| -14% | -$3.29M |
|
1269
Archer Daniels Midland
ADM
$37.7B
| $21.5M | 0.01% |
495,707
+25,110
| +5% | +$1.02M |
|
|
STI
1270
CALL
DELISTED
SunTrust Banks, Inc.
STI
| $21.5M | 0.01% |
582,900
-794,900
| -58% | -$27.7M |
|
1271
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
| $21.5M | 0.01% |
872,053
+730,125
| +514% | +$18.3M |
|
|
AGN
1272
DELISTED
Allergan plc
AGN
| $21.4M | 0.01% |
127,660
-162,183
| -56% | -$25.4M |
|
1273
Assured Guaranty
AGO
$3.28B
| $21.3M | 0.01% |
904,747
+212,313
| +31% | +$4.62M |
|
|
CTXS
1274
PUT
DELISTED
Citrix Systems Inc
CTXS
| $21.3M | 0.01% |
423,330
-44,958
| -10% | -$2.14M |
|
1275
CALL
Opko Health
OPK
$1.1B
| $21.3M | 0.01% |
2,520,700
+1,637,500
| +185% | +$16.6M |
|
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.