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 | |
|---|---|---|---|---|---|---|
|
CERN
1626
PUT
DELISTED
Cerner Corp
CERN
| $15.1M | 0.01% |
271,300
-68,400
| -20% | -$3.83M |
|
1627
PUT
Viavi Solutions
VIAV
$9.46B
| $15.1M | 0.01% |
2,044,378
+1,073,259
| +111% | +$8.15M |
|
|
AXE
1628
DELISTED
Anixter International Inc
AXE
| $15.1M | 0.01% |
167,904
+37,362
| +29% | +$3.25M |
|
|
BRSL
1629
PUT
Brightstar Lottery PLC
BRSL
$2.1B
| $15.1M | 0.01% |
829,700
+526,400
| +174% | +$9.49M |
|
1630
C.H. Robinson
CHRW
$17.6B
| $15.1M | 0.01% |
258,046
+71,730
| +38% | +$4.22M |
|
|
CONN
1631
PUT
DELISTED
Conn's Inc.
CONN
| $15M | 0.01% |
190,800
-116,000
| -38% | -$7.44M |
|
|
BNY
1632
Bank of New York Mellon
BNY
$111B
| $15M | 0.01% |
430,007
+150,646
| +54% | +$4.91M |
|
1633
CALL
Infosys
INFY
$47.3B
| $15M | 0.01% |
2,120,800
-1,629,600
| -43% | -$11M |
|
1634
PRA Group
PRAA
$736M
| $15M | 0.01% |
283,779
+216,008
| +319% | +$12.3M |
|
1635
Humana
HUM
$46.7B
| $15M | 0.01% |
145,217
-11,474
| -7% | -$1.12M |
|
|
SIAL
1636
CALL
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $15M | 0.01% |
159,400
-155,600
| -49% | -$13.5M |
|
1637
Boston Scientific
BSX
$69.1B
| $15M | 0.01% |
1,246,451
+283,478
| +29% | +$3.35M |
|
1638
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$103M
| $15M | 0.01% |
64,800
+63,540
| +5,043% | +$17.8M |
|
|
ATVI
1639
DELISTED
Activision Blizzard
ATVI
| $15M | 0.01% |
839,754
+160,649
| +24% | +$2.76M |
|
1640
Baxter International
BAX
$13.7B
| $15M | 0.01% |
396,207
-182,863
| -32% | -$6.63M |
|
1641
Ingredion
INGR
$6.63B
| $15M | 0.01% |
218,598
+201,628
| +1,188% | +$13.6M |
|
1642
PUT
Opko Health
OPK
$1.12B
| $14.9M | 0.01% |
1,769,000
+853,600
| +93% | +$8.63M |
|
1643
NCR Voyix
VYX
$1.17B
| $14.9M | 0.01% |
713,141
+383,716
| +116% | +$8.53M |
|
|
VJET
1644
PUT
DELISTED
VOXELJET AG American Depositary Shares (each representing one Ordinary Share)
VJET
| $14.9M | 0.01% |
+75,400
| New | +$15M |
|
|
PTR
1645
CALL
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $14.9M | 0.01% |
135,600
+62,400
| +85% | +$7.13M |
|
1646
iShares Russell 1000 Value ETF
IWD
$84.3B
| $14.9M | 0.01% |
157,995
-24,065
| -13% | -$2.18M |
|
|
CERN
1647
DELISTED
Cerner Corp
CERN
| $14.8M | 0.01% |
265,869
+99,066
| +59% | +$5.55M |
|
1648
O'Reilly Automotive
ORLY
$72.7B
| $14.8M | 0.01% |
1,724,730
-775,815
| -31% | -$6.54M |
|
1649
Ubiquiti
UI
$35.5B
| $14.8M | 0.01% |
+322,014
| New | +$12.8M |
|
|
RAI
1650
DELISTED
Reynolds American Inc
RAI
| $14.8M | 0.01% |
591,298
+360,198
| +156% | +$9.09M |
|
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.