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 | |
|---|---|---|---|---|---|---|
1301
CNX Resources
CNX
$5.32B
| $20.8M | 0.01% |
656,983
+598,764
| +1,028% | +$18.3M |
|
1302
PUT
Emerson Electric
EMR
$87B
| $20.8M | 0.01% |
296,600
-47,000
| -14% | -$3.14M |
|
1303
CALL
VeriSign
VRSN
$26.6B
| $20.8M | 0.01% |
348,200
+101,100
| +41% | +$5.57M |
|
|
MWE
1304
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $20.8M | 0.01% |
314,469
+3,830
| +1% | +$266K |
|
1305
CALL
iShares US Home Construction ETF
ITB
$2.28B
| $20.8M | 0.01% |
837,000
+69,800
| +9% | +$1.58M |
|
1306
Stryker
SYK
$127B
| $20.8M | 0.01% |
276,655
+58,255
| +27% | +$4.25M |
|
1307
CALL
Nasdaq
NDAQ
$55.4B
| $20.7M | 0.01% |
1,563,000
+1,113,300
| +248% | +$13.6M |
|
1308
United Therapeutics
UTHR
$22.2B
| $20.7M | 0.01% |
183,174
-52,500
| -22% | -$4.73M |
|
|
GDP
1309
CALL
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $20.7M | 0.01% |
1,215,000
+192,500
| +19% | +$4.13M |
|
1310
CALL
iShares MSCI Germany ETF
EWG
$1.73B
| $20.7M | 0.01% |
650,700
+388,600
| +148% | +$11.5M |
|
1311
CALL
ProShares UltraPro QQQ
TQQQ
$35.2B
| $20.7M | 0.01% |
15,974,400
+5,126,400
| +47% | +$5.63M |
|
1312
General Mills
GIS
$21.4B
| $20.6M | 0.01% |
413,150
+116,830
| +39% | +$5.82M |
|
|
TFCFA
1313
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $20.6M | 0.01% |
585,641
+66,539
| +13% | +$2.24M |
|
|
CRZO
1314
CALL
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $20.6M | 0.01% |
459,700
+195,100
| +74% | +$8.29M |
|
1315
CALL
iShares MBS ETF
MBB
$39.3B
| $20.6M | 0.01% |
+196,800
| New | +$20.8M |
|
|
MMP
1316
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $20.5M | 0.01% |
324,700
+157,100
| +94% | +$9.38M |
|
1317
PUT
Norfolk Southern
NSC
$79.3B
| $20.5M | 0.01% |
220,900
-40,400
| -15% | -$3.47M |
|
1318
Sony
SONY
$140B
| $20.5M | 0.01% |
5,925,230
+2,995,515
| +102% | +$11.1M |
|
|
GRMN
1319
CALL
Garmin
GRMN
$55.8B
| $20.5M | 0.01% |
442,500
+197,300
| +80% | +$9.36M |
|
|
K
1320
PUT
DELISTED
Kellanova
K
| $20.4M | 0.01% |
356,562
-3,941
| -1% | -$227K |
|
1321
CALL
Entergy
ETR
$49.7B
| $20.4M | 0.01% |
646,200
+2,800
| +0.4% | +$89.2K |
|
1322
iShares Global Timber & Forestry ETF
WOOD
$273M
| $20.4M | 0.01% |
+385,172
| New | +$19.7M |
|
|
FL
1323
CALL
DELISTED
Foot Locker
FL
| $20.4M | 0.01% |
491,300
+109,200
| +29% | +$4M |
|
1324
CALL
Eastman Chemical
EMN
$8.2B
| $20.4M | 0.01% |
252,200
+60,400
| +31% | +$4.69M |
|
1325
PUT
TJX Companies
TJX
$155B
| $20.3M | 0.01% |
637,600
+6,200
| +1% | +$188K |
|
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.