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 | |
|---|---|---|---|---|---|---|
1601
CALL
Cracker Barrel
CBRL
$1.3B
| $15.6M | 0.01% |
141,300
+55,400
| +64% | +$6.01M |
|
1602
CALL
Incyte
INCY
$26.1B
| $15.5M | 0.01% |
306,300
+101,000
| +49% | +$4.39M |
|
|
DO
1603
PUT
DELISTED
Diamond Offshore Drilling
DO
| $15.5M | 0.01% |
272,400
+95,700
| +54% | +$5.77M |
|
|
LGF
1604
DELISTED
Lions Gate Entertainment
LGF
| $15.5M | 0.01% |
489,433
+266,905
| +120% | +$8.81M |
|
1605
CALL
iShares Select Dividend ETF
DVY
$24B
| $15.5M | 0.01% |
217,100
+43,100
| +25% | +$3M |
|
1606
PUT
Boston Scientific
BSX
$69.2B
| $15.5M | 0.01% |
1,286,700
+720,600
| +127% | +$8.51M |
|
|
BEAV
1607
DELISTED
B/E Aerospace Inc
BEAV
| $15.4M | 0.01% |
245,161
+32,432
| +15% | +$1.94M |
|
1608
PUT
Masco
MAS
$14.5B
| $15.4M | 0.01% |
770,767
+321,826
| +72% | +$5.98M |
|
1609
PUT
Welltower
WELL
$175B
| $15.3M | 0.01% |
286,400
+18,300
| +7% | +$1.09M |
|
|
FIO
1610
CALL
DELISTED
FUSION-IO INC COM
FIO
| $15.3M | 0.01% |
1,721,400
+74,400
| +5% | +$804K |
|
1611
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$383M
| $15.3M | 0.01% |
7,614
-831
| -10% | -$1.65M |
|
1612
CALL
Royal Caribbean
RCL
$77.9B
| $15.3M | 0.01% |
323,000
+192,100
| +147% | +$8.15M |
|
1613
CALL
Zoetis
ZTS
$32.1B
| $15.3M | 0.01% |
467,700
-20,700
| -4% | -$660K |
|
1614
PUT
Cboe Global Markets
CBOE
$32.3B
| $15.3M | 0.01% |
294,100
-70,300
| -19% | -$3.54M |
|
1615
PUT
American Eagle Outfitters
AEO
$2.93B
| $15.3M | 0.01% |
1,060,800
+530,600
| +100% | +$7.87M |
|
1616
PUT
CSX Corp
CSX
$96.3B
| $15.3M | 0.01% |
1,591,800
-127,500
| -7% | -$1.14M |
|
1617
Agilent Technologies
A
$43.3B
| $15.3M | 0.01% |
372,834
+38,003
| +11% | +$1.44M |
|
1618
AGCO
AGCO
$7.81B
| $15.2M | 0.01% |
257,504
+139,105
| +117% | +$8.29M |
|
|
DTV
1619
DELISTED
DIRECTV COM STK (DE)
DTV
| $15.2M | 0.01% |
220,089
-325,614
| -60% | -$20.8M |
|
|
ENDP
1620
DELISTED
Endo International plc
ENDP
| $15.2M | 0.01% |
225,258
-38,362
| -15% | -$2.19M |
|
|
APL
1621
CALL
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $15.2M | 0.01% |
433,200
+153,500
| +55% | +$5.59M |
|
|
NTI
1622
PUT
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $15.2M | 0.01% |
616,800
-297,400
| -33% | -$7.01M |
|
1623
D.R. Horton
DHI
$42.1B
| $15.2M | 0.01% |
679,685
+543,721
| +400% | +$10.5M |
|
1624
Ashland
ASH
$3.38B
| $15.2M | 0.01% |
319,160
-13,113
| -4% | -$586K |
|
|
LXK
1625
CALL
DELISTED
Lexmark Intl Inc
LXK
| $15.1M | 0.01% |
425,900
+63,000
| +17% | +$2.22M |
|
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.