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 | |
|---|---|---|---|---|---|---|
1401
PUT
Parker-Hannifin
PH
$128B
| $18.7M | 0.01% |
145,100
-22,100
| -13% | -$2.57M |
|
|
ARNA
1402
PUT
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $18.6M | 0.01% |
318,780
+44,210
| +16% | +$2.31M |
|
1403
CALL
Radian Group
RDN
$4.87B
| $18.6M | 0.01% |
1,318,600
+42,000
| +3% | +$588K |
|
1404
PUT
Aon
AON
$75.3B
| $18.6M | 0.01% |
221,800
+199,200
| +881% | +$15.8M |
|
|
HIMX
1405
CALL
Himax Technologies
HIMX
$2.38B
| $18.6M | 0.01% |
1,264,900
+494,000
| +64% | +$5.23M |
|
|
TIBX
1406
PUT
DELISTED
TIBCO SOFTWARE INC
TIBX
| $18.6M | 0.01% |
826,700
+152,100
| +23% | +$3.72M |
|
|
MHFI
1407
CALL
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $18.6M | 0.01% |
237,300
+61,400
| +35% | +$4.41M |
|
1408
PUT
Moody's
MCO
$88.9B
| $18.5M | 0.01% |
236,300
+59,900
| +34% | +$4.38M |
|
1409
PUT
Jazz Pharmaceuticals
JAZZ
$16.9B
| $18.5M | 0.01% |
146,300
+4,300
| +3% | +$445K |
|
|
APOL
1410
CALL
DELISTED
Apollo Education Group Inc Class A
APOL
| $18.5M | 0.01% |
677,600
+314,500
| +87% | +$7.81M |
|
1411
CALL
Hovnanian Enterprises
HOV
$747M
| $18.5M | 0.01% |
111,776
+1,872
| +2% | +$245K |
|
1412
Iron Mountain
IRM
$36B
| $18.5M | 0.01% |
658,791
+427,803
| +185% | +$11M |
|
1413
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $18.5M | 0.01% |
553,000
-982,000
| -64% | -$31.2M |
|
|
JWN
1414
CALL
DELISTED
Nordstrom
JWN
| $18.4M | 0.01% |
297,800
+46,300
| +18% | +$2.79M |
|
1415
PUT
KBR
KBR
$4.75B
| $18.4M | 0.01% |
577,100
+381,100
| +194% | +$12.7M |
|
1416
PUT
Consolidated Edison
ED
$39.6B
| $18.4M | 0.01% |
332,700
-69,900
| -17% | -$3.93M |
|
1417
CALL
American Tower
AMT
$83.2B
| $18.4M | 0.01% |
230,300
-257,500
| -53% | -$20M |
|
|
WFT
1418
DELISTED
Weatherford International plc
WFT
| $18.4M | 0.01% |
1,186,387
-4,612
| -0.4% | -$73.3K |
|
|
PTR
1419
PUT
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $18.4M | 0.01% |
167,300
+79,500
| +91% | +$9.09M |
|
1420
Dominion Energy
D
$58.9B
| $18.4M | 0.01% |
283,779
+185,412
| +188% | +$11.9M |
|
1421
Fluor
FLR
$6.86B
| $18.3M | 0.01% |
228,010
+65,402
| +40% | +$4.99M |
|
1422
CALL
GSK
GSK
$104B
| $18.3M | 0.01% |
274,160
-205,200
| -43% | -$13.3M |
|
1423
CALL
Diageo
DEO
$52.7B
| $18.3M | 0.01% |
138,100
+78,300
| +131% | +$10M |
|
1424
CALL
KKR & Co
KKR
$96.6B
| $18.3M | 0.01% |
750,800
+196,900
| +36% | +$4.53M |
|
|
1425
Parker-Hannifin
PH
$128B
| $18.3M | 0.01% |
141,979
+133,273
| +1,531% | +$15.5M |
|
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.