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 | |
|---|---|---|---|---|---|---|
1551
Autoliv
ALV
$9B
| $16.3M | 0.01% |
246,648
| – | – |
|
|
NAV
1552
CALL
DELISTED
Navistar International
NAV
| $16.3M | 0.01% |
426,400
-226,300
| -35% | -$8.65M |
|
|
VSI
1553
DELISTED
Vitamin Shoppe Inc.
VSI
| $16.3M | 0.01% |
312,722
+307,030
| +5,394% | +$15.2M |
|
1554
PUT
Teradata
TDC
$2.5B
| $16.3M | 0.01% |
357,500
+233,000
| +187% | +$10.6M |
|
1555
VeriSign
VRSN
$26.6B
| $16.2M | 0.01% |
271,599
+14,677
| +6% | +$808K |
|
|
GOLD
1556
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $16.2M | 0.01% |
262,125
-1,217
| -0.5% | -$83.6K |
|
1557
PUT
World Acceptance Corp
WRLD
$899M
| $16.2M | 0.01% |
185,300
+146,300
| +375% | +$13.6M |
|
1558
CALL
Cintas
CTAS
$82.3B
| $16.2M | 0.01% |
1,087,600
+211,200
| +24% | +$2.87M |
|
|
NUAN
1559
CALL
DELISTED
Nuance Communications, Inc.
NUAN
| $16.2M | 0.01% |
1,230,884
+246,362
| +25% | +$3.39M |
|
1560
Goodyear
GT
$1.87B
| $16.2M | 0.01% |
679,045
+595,156
| +709% | +$13.2M |
|
1561
PUT
Apollo Global Management
APO
$79.2B
| $16.2M | 0.01% |
512,300
+74,900
| +17% | +$2.32M |
|
|
ESI
1562
CALL
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $16.2M | 0.01% |
481,700
+12,700
| +3% | +$456K |
|
1563
CALL
Southern Copper
SCCO
$182B
| $16.2M | 0.01% |
614,385
-180,232
| -23% | -$4.47M |
|
|
ITC
1564
PUT
DELISTED
ITC HOLDINGS CORP
ITC
| $16.2M | 0.01% |
505,800
+86,400
| +21% | +$2.76M |
|
1565
CALL
Strategy Inc
MSTR
$48.4B
| $16.2M | 0.01% |
1,300,000
+561,000
| +76% | +$6.61M |
|
|
SPRD
1566
PUT
DELISTED
SPREADTRUM COMMUNICATIONS INC ADS (CAYMAN ISLANDS)
SPRD
| $16.1M | 0.01% |
521,800
-427,000
| -45% | -$13.1M |
|
|
NLSN
1567
DELISTED
Nielsen Holdings plc
NLSN
| $16.1M | 0.01% |
351,507
+342,071
| +3,625% | +$14M |
|
|
CTRX
1568
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $16.1M | 0.01% |
339,448
+31,464
| +10% | +$1.48M |
|
|
JIVE
1569
PUT
DELISTED
Jive Software, Inc.
JIVE
| $16.1M | 0.01% |
1,428,300
+272,900
| +24% | +$3.08M |
|
1570
PUT
ProShares Ultra QQQ
QLD
$13.8B
| $16.1M | 0.01% |
5,158,400
+3,235,200
| +168% | +$9.02M |
|
|
XEC
1571
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $16.1M | 0.01% |
153,000
+55,400
| +57% | +$5.61M |
|
1572
CALL
Check Point Software Technologies
CHKP
$13.1B
| $16M | 0.01% |
248,500
+14,800
| +6% | +$890K |
|
1573
CALL
Pediatrix Medical
MD
$2.17B
| $16M | 0.01% |
300,300
+176,900
| +143% | +$9.49M |
|
|
WNR
1574
CALL
DELISTED
Western Refining Inc
WNR
| $16M | 0.01% |
377,900
+19,800
| +6% | +$711K |
|
1575
PUT
M&T Bank
MTB
$34.9B
| $16M | 0.01% |
137,600
+63,400
| +85% | +$7.2M |
|
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.