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 | |
|---|---|---|---|---|---|---|
1376
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $19.1M | 0.01% |
191,800
-52,000
| -21% | -$5.28M |
|
1377
PUT
KKR & Co
KKR
$96.6B
| $19.1M | 0.01% |
784,900
+259,100
| +49% | +$5.96M |
|
1378
CALL
Annaly Capital Management
NLY
$17.4B
| $19.1M | 0.01% |
478,500
+103,100
| +27% | +$4.48M |
|
|
GAP
1379
The Gap Inc
GAP
$7.25B
| $19.1M | 0.01% |
488,121
+129,118
| +36% | +$5.06M |
|
1380
CALL
RH
RH
$2.67B
| $19.1M | 0.01% |
283,200
+207,600
| +275% | +$14.2M |
|
|
CERN
1381
CALL
DELISTED
Cerner Corp
CERN
| $19.1M | 0.01% |
341,900
-220,900
| -39% | -$12.4M |
|
1382
Mohawk Industries
MHK
$9.06B
| $19.1M | 0.01% |
127,947
-32,426
| -20% | -$4.43M |
|
1383
CALL
Omnicom Group
OMC
$24.2B
| $19M | 0.01% |
255,200
+2,300
| +0.9% | +$158K |
|
1384
Kimberly-Clark
KMB
$36.9B
| $18.9M | 0.01% |
189,109
+134,954
| +249% | +$13.5M |
|
1385
Lamar Advertising Co
LAMR
$15.4B
| $18.9M | 0.01% |
362,364
+43,584
| +14% | +$2.13M |
|
|
RAI
1386
PUT
DELISTED
Reynolds American Inc
RAI
| $18.9M | 0.01% |
757,400
+99,400
| +15% | +$2.51M |
|
1387
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $18.9M | 0.01% |
155,500
-107,800
| -41% | -$13.1M |
|
|
ARNA
1388
CALL
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $18.9M | 0.01% |
322,550
+91,150
| +39% | +$4.76M |
|
|
MDR
1389
DELISTED
McDermott International
MDR
| $18.9M | 0.01% |
686,547
+241,989
| +54% | +$5.66M |
|
1390
Hecla Mining
HL
$14.1B
| $18.9M | 0.01% |
6,122,249
+1,314,794
| +27% | +$3.97M |
|
|
SFUN
1391
PUT
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $18.8M | 0.01% |
22,860
+10,340
| +83% | +$6.5M |
|
1392
CALL
Align Technology
ALGN
$11.3B
| $18.8M | 0.01% |
329,600
-77,100
| -19% | -$4.15M |
|
|
BEAM
1393
CALL
DELISTED
BEAM INC COM STK (DE)
BEAM
| $18.8M | 0.01% |
276,500
-16,400
| -6% | -$1.11M |
|
1394
PUT
Carnival Corporation Ltd
CCL
$35.8B
| $18.8M | 0.01% |
467,900
-353,000
| -43% | -$12.5M |
|
1395
PUT
Sysco
SYY
$40B
| $18.8M | 0.01% |
519,900
+128,500
| +33% | +$4.34M |
|
1396
PUT
Ambarella
AMBA
$3.1B
| $18.7M | 0.01% |
551,900
+391,000
| +243% | +$8.97M |
|
1397
Prudential Financial
PRU
$41.5B
| $18.7M | 0.01% |
202,789
+86,815
| +75% | +$7.41M |
|
1398
PUT
NextEra Energy
NEE
$176B
| $18.7M | 0.01% |
873,600
+86,800
| +11% | +$1.83M |
|
|
ARIA
1399
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $18.7M | 0.01% |
2,740,263
+2,215,605
| +422% | +$12M |
|
1400
CALL
Owens Corning
OC
$11.6B
| $18.7M | 0.01% |
458,800
-88,100
| -16% | -$3.34M |
|
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.