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 | |
|---|---|---|---|---|---|---|
|
WW
1326
CALL
DELISTED
WW International
WW
| $20.3M | 0.01% |
616,800
+215,000
| +54% | +$7.5M |
|
|
CBST
1327
CALL
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $20.3M | 0.01% |
294,800
+54,400
| +23% | +$3.52M |
|
|
AHD
1328
PUT
DELISTED
ATLAS ENERGY L P COM UNITS REPSTG LTD PARTNER INT (DE)
AHD
| $20.3M | 0.01% |
432,700
+220,100
| +104% | +$10.3M |
|
|
SCTY
1329
DELISTED
SolarCity Corporation
SCTY
| $20.3M | 0.01% |
356,722
-28,252
| -7% | -$1.45M |
|
1330
Enterprise Products Partners
EPD
$82.4B
| $20.3M | 0.01% |
611,232
+407,548
| +200% | +$12.7M |
|
1331
CALL
NRG Energy
NRG
$24.2B
| $20.2M | 0.01% |
704,600
+241,200
| +52% | +$6.74M |
|
|
AVP
1332
CALL
DELISTED
Avon Products, Inc.
AVP
| $20.2M | 0.01% |
1,174,900
+582,400
| +98% | +$10.9M |
|
|
QLIK
1333
PUT
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $20.2M | 0.01% |
758,900
+146,400
| +24% | +$4.04M |
|
1334
CALL
Lincoln National
LNC
$8.09B
| $20.2M | 0.01% |
391,400
-73,800
| -16% | -$3.54M |
|
1335
CALL
Myriad Genetics
MYGN
$298M
| $20.2M | 0.01% |
962,600
+520,600
| +118% | +$13.2M |
|
|
MCP
1336
DELISTED
MOLYCORP INC COM STK
MCP
| $20.1M | 0.01% |
3,583,528
+2,529,049
| +240% | +$13.3M |
|
1337
PUT
Honeywell
HON
$68.3B
| $20.1M | 0.01% |
244,726
-120,860
| -33% | -$9.45M |
|
1338
CALL
Polaris
PII
$3.65B
| $20.1M | 0.01% |
137,800
-61,400
| -31% | -$8.22M |
|
1339
CALL
Jazz Pharmaceuticals
JAZZ
$17.1B
| $20M | 0.01% |
157,700
+24,900
| +19% | +$2.58M |
|
|
1340
PUT
Polaris
PII
$3.65B
| $19.9M | 0.01% |
136,800
+11,400
| +9% | +$1.53M |
|
|
NVO
1341
CALL
Novo Nordisk
NVO
$213B
| $19.9M | 0.01% |
1,076,000
-1,433,000
| -57% | -$25M |
|
1342
Cirrus Logic
CRUS
$5.58B
| $19.9M | 0.01% |
973,026
+307,206
| +46% | +$6.63M |
|
1343
PUT
Terex
TEX
$7.45B
| $19.9M | 0.01% |
473,000
-95,500
| -17% | -$3.46M |
|
1344
CALL
Fastenal
FAST
$58B
| $19.9M | 0.01% |
1,671,200
+651,600
| +64% | +$7.83M |
|
1345
PUT
PRA Group
PRAA
$741M
| $19.8M | 0.01% |
375,300
+291,900
| +350% | +$16.6M |
|
|
SEE
1346
CALL
DELISTED
Sealed Air
SEE
| $19.8M | 0.01% |
580,700
+493,400
| +565% | +$15M |
|
|
KSU
1347
CALL
DELISTED
Kansas City Southern
KSU
| $19.7M | 0.01% |
158,900
+64,000
| +67% | +$7.66M |
|
1348
TE Connectivity
TEL
$57.8B
| $19.7M | 0.01% |
356,792
-3,823
| -1% | -$201K |
|
1349
Kroger
KR
$35.6B
| $19.6M | 0.01% |
993,854
+481,658
| +94% | +$9.96M |
|
1350
US Bancorp
USB
$97.2B
| $19.6M | 0.01% |
486,026
-135,184
| -22% | -$5.19M |
|
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.