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 | |
|---|---|---|---|---|---|---|
1676
CALL
PVH
PVH
$3.54B
| $14.2M | 0.01% |
104,300
+1,400
| +1% | +$178K |
|
1677
Zillow
ZG
$8.13B
| $14.2M | 0.01% |
520,758
+355,122
| +214% | +$9.39M |
|
1678
PUT
Hecla Mining
HL
$14B
| $14.2M | 0.01% |
4,605,600
-267,900
| -5% | -$809K |
|
1679
CALL
Weyerhaeuser
WY
$17.4B
| $14.2M | 0.01% |
449,000
-443,800
| -50% | -$13.3M |
|
1680
Tyson Foods
TSN
$20.1B
| $14.2M | 0.01% |
423,316
+53,050
| +14% | +$1.62M |
|
1681
Icahn Enterprises
IEP
$4.85B
| $14.1M | 0.01% |
129,167
+74,902
| +138% | +$8.14M |
|
|
GGP
1682
CALL
DELISTED
GGP Inc.
GGP
| $14.1M | 0.01% |
703,900
+260,700
| +59% | +$5.37M |
|
1683
PUT
IPG Photonics
IPGP
$3.08B
| $14.1M | 0.01% |
181,200
+23,200
| +15% | +$1.58M |
|
|
TYC
1684
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $14.1M | 0.01% |
327,094
-53,014
| -14% | -$2.06M |
|
1685
CALL
Helmerich & Payne
HP
$4.1B
| $14.1M | 0.01% |
167,100
+92,600
| +124% | +$7.21M |
|
1686
PUT
Palo Alto Networks
PANW
$277B
| $14M | 0.01% |
1,466,400
-531,000
| -27% | -$4.21M |
|
1687
PUT
Motorola Solutions
MSI
$80.9B
| $14M | 0.01% |
207,500
-304,600
| -59% | -$19.4M |
|
1688
CALL
Teradata
TDC
$2.52B
| $14M | 0.01% |
307,600
+120,800
| +65% | +$5.48M |
|
1689
CALL
Invesco
IVZ
$14.7B
| $14M | 0.01% |
383,400
+74,200
| +24% | +$2.52M |
|
|
CTXS
1690
DELISTED
Citrix Systems Inc
CTXS
| $13.9M | 0.01% |
275,369
+77,720
| +39% | +$3.7M |
|
1691
AerCap
AER
$23.4B
| $13.8M | 0.01% |
360,746
+196,218
| +119% | +$4.62M |
|
|
BKS
1692
PUT
DELISTED
Barnes & Noble
BKS
| $13.8M | 0.01% |
1,409,261
+527,843
| +60% | +$5.09M |
|
1693
PUT
SAP
SAP
$243B
| $13.8M | 0.01% |
158,200
+48,000
| +44% | +$3.82M |
|
|
IFN
1694
Aberdeen India Fund
IFN
$490M
| $13.8M | 0.01% |
688,293
| – | – |
|
1695
PUT
Universal Display
OLED
$4.01B
| $13.7M | 0.01% |
399,300
+75,700
| +23% | +$2.52M |
|
1696
PUT
Altisource Portfolio Solutions
ASPS
$65.3M
| $13.7M | 0.01% |
10,800
+3,587
| +50% | +$4.33M |
|
1697
United Parcel Service
UPS
$90.4B
| $13.7M | 0.01% |
130,330
-468,656
| -78% | -$46.2M |
|
|
PPO
1698
PUT
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $13.7M | 0.01% |
351,100
-353,600
| -50% | -$13.9M |
|
1699
PUT
Danaher
DHR
$151B
| $13.7M | 0.01% |
263,197
+197,435
| +300% | +$9.71M |
|
|
LFC
1700
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $13.6M | 0.01% |
864,300
+272,100
| +46% | +$3.94M |
|
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.