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 | |
|---|---|---|---|---|---|---|
1526
CALL
Gogo Inc
GOGO
$369M
| $16.7M | 0.01% |
671,300
+631,500
| +1,587% | +$14.6M |
|
|
JASO
1527
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $16.7M | 0.01% |
1,817,200
+954,894
| +111% | +$9.61M |
|
1528
CALL
Avis
CAR
$5.13B
| $16.6M | 0.01% |
411,500
-230,500
| -36% | -$7.72M |
|
1529
CALL
Consolidated Edison
ED
$39.6B
| $16.6M | 0.01% |
300,500
+39,400
| +15% | +$2.22M |
|
1530
America Movil
AMX
$71.2B
| $16.6M | 0.01% |
710,552
+528,309
| +290% | +$11.5M |
|
|
FIO
1531
DELISTED
FUSION-IO INC COM
FIO
| $16.6M | 0.01% |
1,863,652
-45,212
| -2% | -$489K |
|
1532
CALL
Penske Automotive Group
PAG
$14.4B
| $16.6M | 0.01% |
351,900
+340,100
| +2,882% | +$14.5M |
|
1533
Lam Research
LRCX
$394B
| $16.6M | 0.01% |
3,046,700
+382,060
| +14% | +$2.01M |
|
|
JNPR
1534
DELISTED
Juniper Networks
JNPR
| $16.6M | 0.01% |
734,710
+477,625
| +186% | +$9.69M |
|
1535
PUT
Regions Financial
RF
$26.1B
| $16.5M | 0.01% |
1,672,700
-133,300
| -7% | -$1.28M |
|
1536
Ameriprise Financial
AMP
$49.5B
| $16.5M | 0.01% |
143,681
+33,766
| +31% | +$3.49M |
|
1537
Equinix
EQIX
$106B
| $16.5M | 0.01% |
93,080
-19,131
| -17% | -$3.18M |
|
|
WPRT
1538
CALL
Westport Fuel Systems
WPRT
$35M
| $16.5M | 0.01% |
84,190
-15,120
| -15% | -$3.35M |
|
1539
Vanguard Information Technology ETF
VGT
$144B
| $16.5M | 0.01% |
1,473,936
+1,290,728
| +705% | +$13.7M |
|
1540
Companhia Siderúrgica Nacional
SID
$1.35B
| $16.5M | 0.01% |
2,659,278
+2,104,977
| +380% | +$11.5M |
|
|
MRO
1541
CALL
DELISTED
Marathon Oil Corporation
MRO
| $16.5M | 0.01% |
466,900
-8,800
| -2% | -$314K |
|
|
VPHM
1542
CALL
DELISTED
VIROPHARMA INC
VPHM
| $16.5M | 0.01% |
330,600
+153,900
| +87% | +$6.88M |
|
|
LKM
1543
CALL
DELISTED
Link Motion Inc.
LKM
| $16.5M | 0.01% |
1,120,400
+510,400
| +84% | +$7.58M |
|
1544
Principal Financial Group
PFG
$23.9B
| $16.5M | 0.01% |
333,708
+26,889
| +9% | +$1.28M |
|
1545
Nucor
NUE
$56.2B
| $16.4M | 0.01% |
307,588
+259,397
| +538% | +$13.4M |
|
1546
Cameco
CCJ
$46.6B
| $16.4M | 0.01% |
789,452
+177,162
| +29% | +$3.44M |
|
|
WW
1547
DELISTED
WW International
WW
| $16.4M | 0.01% |
497,264
+182,284
| +58% | +$6.36M |
|
|
TGNA
1548
CALL
DELISTED
TEGNA Inc
TGNA
| $16.4M | 0.01% |
1,057,851
+82,388
| +8% | +$1.16M |
|
|
CMA
1549
CALL
DELISTED
Comerica
CMA
| $16.3M | 0.01% |
343,800
+106,800
| +45% | +$4.69M |
|
1550
RTX Corp
RTX
$283B
| $16.3M | 0.01% |
228,206
-112,790
| -33% | -$7.69M |
|
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.