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 | |
|---|---|---|---|---|---|---|
1351
CALL
YPF Sociedad Anonima ADS
YPF
$19.6B
| $19.6M | 0.01% |
595,400
+441,900
| +288% | +$11.3M |
|
1352
Air Products & Chemicals
APD
$67.7B
| $19.6M | 0.01% |
189,778
+2,369
| +1% | +$239K |
|
|
EGN
1353
DELISTED
Energen
EGN
| $19.6M | 0.01% |
277,187
+79,402
| +40% | +$5.97M |
|
1354
CALL
Zillow
ZG
$8.34B
| $19.6M | 0.01% |
719,400
-56,700
| -7% | -$1.5M |
|
|
AEGR
1355
PUT
DELISTED
Aegerion Pharmaceuticals
AEGR
| $19.6M | 0.01% |
276,000
-396,700
| -59% | -$30.3M |
|
1356
PUT
Cemex
CX
$15.9B
| $19.6M | 0.01% |
1,934,478
+372,778
| +24% | +$3.5M |
|
1357
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.64B
| $19.5M | 0.01% |
335,201
+305,907
| +1,044% | +$18.1M |
|
1358
PUT
iShares US Home Construction ETF
ITB
$2.29B
| $19.5M | 0.01% |
786,100
-402,100
| -34% | -$9.1M |
|
|
MDVN
1359
DELISTED
MEDIVATION, INC.
MDVN
| $19.5M | 0.01% |
611,704
+163,476
| +36% | +$4.94M |
|
1360
VirnetX Holding Corp
VHC
$53.9M
| $19.5M | 0.01% |
50,237
+20,655
| +70% | +$8.22M |
|
|
GDP
1361
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $19.5M | 0.01% |
1,145,584
+315,720
| +38% | +$6.78M |
|
|
CRR
1362
PUT
DELISTED
Carbo Ceramics Inc.
CRR
| $19.5M | 0.01% |
167,300
-29,600
| -15% | -$3.37M |
|
1363
PUT
Public Storage
PSA
$60.3B
| $19.5M | 0.01% |
129,300
+95,000
| +277% | +$15.2M |
|
1364
CALL
Aon
AON
$75.3B
| $19.4M | 0.01% |
231,100
+51,100
| +28% | +$4.05M |
|
1365
Paychex
PAYX
$44.5B
| $19.4M | 0.01% |
425,637
+328,415
| +338% | +$14M |
|
|
LVLT
1366
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $19.4M | 0.01% |
584,200
+70,900
| +14% | +$2.09M |
|
1367
Regions Financial
RF
$26.1B
| $19.4M | 0.01% |
1,956,548
-8,663
| -0.4% | -$83.4K |
|
1368
CALL
Agilent Technologies
A
$43.7B
| $19.3M | 0.01% |
471,685
-637,628
| -57% | -$24.2M |
|
1369
PUT
Stanley Black & Decker
SWK
$14.9B
| $19.2M | 0.01% |
238,000
+69,400
| +41% | +$5.68M |
|
|
TIBX
1370
DELISTED
TIBCO SOFTWARE INC
TIBX
| $19.2M | 0.01% |
854,157
+701,107
| +458% | +$17.2M |
|
|
SVU
1371
CALL
DELISTED
SUPERVALU Inc.
SVU
| $19.2M | 0.01% |
375,729
+116,715
| +45% | +$5.76M |
|
1372
iShares Semiconductor ETF
SOXX
$41.9B
| $19.2M | 0.01% |
790,446
+653,343
| +477% | +$15M |
|
1373
Yelp
YELP
$1.29B
| $19.1M | 0.01% |
277,683
+38,161
| +16% | +$2.53M |
|
1374
CALL
Crown Castle
CCI
$32.5B
| $19.1M | 0.01% |
260,700
+84,900
| +48% | +$6.28M |
|
1375
Salesforce
CRM
$168B
| $19.1M | 0.01% |
346,436
+49,283
| +17% | +$2.64M |
|
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.