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 | |
|---|---|---|---|---|---|---|
1576
PUT
Urban Outfitters
URBN
$6.8B
| $16M | 0.01% |
431,700
+174,600
| +68% | +$6.54M |
|
1577
PUT
Entergy
ETR
$50.3B
| $16M | 0.01% |
506,200
+5,200
| +1% | +$166K |
|
1578
PUT
Celldex Therapeutics
CLDX
$3.21B
| $16M | 0.01% |
44,033
+18,320
| +71% | +$7.06M |
|
|
SWN
1579
DELISTED
Southwestern Energy Company
SWN
| $16M | 0.01% |
406,476
+189,341
| +87% | +$7.11M |
|
1580
PUT
Martin Marietta Materials
MLM
$38.4B
| $16M | 0.01% |
159,800
+5,800
| +4% | +$570K |
|
|
BEAM
1581
DELISTED
BEAM INC COM STK (DE)
BEAM
| $16M | 0.01% |
234,614
+174,362
| +289% | +$11.8M |
|
|
TAL
1582
PUT
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $16M | 0.01% |
278,200
+76,500
| +38% | +$3.94M |
|
1583
CALL
MBIA
MBI
$248M
| $15.9M | 0.01% |
1,332,400
-253,700
| -16% | -$2.92M |
|
|
BZT
1584
DELISTED
BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT
BZT
| $15.9M | 0.01% |
425,000
| – | – |
|
1585
Aptiv
APTV
$9.65B
| $15.9M | 0.01% |
264,012
-93,273
| -26% | -$5.4M |
|
1586
PUT
Cameco
CCJ
$47.6B
| $15.9M | 0.01% |
764,100
-8,700
| -1% | -$169K |
|
|
ITMN
1587
PUT
DELISTED
INTERMUNE INC
ITMN
| $15.9M | 0.01% |
1,076,200
+603,400
| +128% | +$8.34M |
|
|
LNCO
1588
PUT
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $15.8M | 0.01% |
513,500
+322,600
| +169% | +$9.87M |
|
1589
PUT
Molson Coors Class B
TAP
$7.89B
| $15.8M | 0.01% |
281,600
-53,600
| -16% | -$2.87M |
|
1590
PUT
Helmerich & Payne
HP
$4.2B
| $15.8M | 0.01% |
187,600
+14,100
| +8% | +$1.1M |
|
|
DO
1591
DELISTED
Diamond Offshore Drilling
DO
| $15.8M | 0.01% |
276,748
+264,617
| +2,181% | +$15.9M |
|
|
TUP
1592
DELISTED
Tupperware Brands Corporation
TUP
| $15.7M | 0.01% |
166,529
+82,886
| +99% | +$7.52M |
|
1593
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $15.7M | 0.01% |
901,700
-658,500
| -42% | -$11M |
|
1594
CALL
Advanced Micro Devices
AMD
$788B
| $15.7M | 0.01% |
4,060,800
+1,394,000
| +52% | +$5M |
|
1595
PUT
Novartis
NVS
$302B
| $15.7M | 0.01% |
218,178
-22,878
| -9% | -$1.59M |
|
1596
CALL
Cemex
CX
$16B
| $15.7M | 0.01% |
1,549,758
-457,191
| -23% | -$4.29M |
|
|
ETFC
1597
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $15.7M | 0.01% |
797,800
+252,500
| +46% | +$4.49M |
|
|
VXX
1598
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $15.6M | 0.01% |
22,882
+21,044
| +1,145% | +$16.8M |
|
1599
PUT
Barclays
BCS
$91B
| $15.6M | 0.01% |
928,496
-413,998
| -31% | -$6.56M |
|
1600
PUT
Diageo
DEO
$52.8B
| $15.6M | 0.01% |
117,600
-68,300
| -37% | -$8.72M |
|
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.