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 | |
|---|---|---|---|---|---|---|
1726
CALL
Chubb
CB
$133B
| $13.3M | 0.01% |
128,100
-33,000
| -20% | -$3.24M |
|
|
CLGX
1727
DELISTED
Corelogic, Inc.
CLGX
| $13.3M | 0.01% |
373,217
+334,614
| +867% | +$10.9M |
|
|
BLOX
1728
CALL
DELISTED
Infoblox Inc
BLOX
| $13.3M | 0.01% |
401,500
+75,200
| +23% | +$2.94M |
|
1729
PUT
Buckle
BKE
$2.28B
| $13.2M | 0.01% |
257,561
+140,302
| +120% | +$6.94M |
|
1730
Pan American Silver
PAAS
$21.8B
| $13.2M | 0.01% |
1,129,422
+371,719
| +49% | +$3.96M |
|
1731
CALL
NetEase
NTES
$79B
| $13.2M | 0.01% |
840,000
+120,000
| +17% | +$1.68M |
|
1732
Becton Dickinson
BDX
$51.8B
| $13.2M | 0.01% |
122,046
+48,688
| +66% | +$5.05M |
|
1733
CALL
DaVita
DVA
$11.5B
| $13.2M | 0.01% |
207,600
-76,500
| -27% | -$4.49M |
|
1734
CALL
Marvell Technology
MRVL
$220B
| $13.1M | 0.01% |
912,600
-181,400
| -17% | -$2.34M |
|
1735
Autodesk
ADSK
$53.8B
| $13.1M | 0.01% |
260,266
-21,233
| -8% | -$930K |
|
|
TAL
1736
CALL
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $13.1M | 0.01% |
228,300
+78,000
| +52% | +$4.02M |
|
|
K
1737
CALL
DELISTED
Kellanova
K
| $13.1M | 0.01% |
228,123
+1,065
| +0.5% | +$61.3K |
|
1738
PUT
Allstate
ALL
$66.2B
| $13.1M | 0.01% |
239,600
+41,700
| +21% | +$2.22M |
|
|
CXO
1739
DELISTED
CONCHO RESOURCES INC.
CXO
| $13.1M | 0.01% |
120,833
+110,079
| +1,024% | +$11.9M |
|
1740
PUT
Canadian Solar
CSIQ
$942M
| $13M | 0.01% |
437,300
+107,400
| +33% | +$2.84M |
|
1741
KBR
KBR
$4.78B
| $13M | 0.01% |
408,810
+307,320
| +303% | +$10.2M |
|
1742
Capital One
COF
$133B
| $13M | 0.01% |
169,960
+66,802
| +65% | +$4.76M |
|
1743
CALL
PBF Energy
PBF
$8.27B
| $13M | 0.01% |
413,900
-156,100
| -27% | -$4.26M |
|
|
BCR
1744
DELISTED
CR Bard Inc.
BCR
| $13M | 0.01% |
97,028
-7,483
| -7% | -$987K |
|
|
CRR
1745
DELISTED
Carbo Ceramics Inc.
CRR
| $13M | 0.01% |
111,493
+41,755
| +60% | +$4.75M |
|
1746
PUT
Iron Mountain
IRM
$36.2B
| $13M | 0.01% |
462,771
+73,251
| +19% | +$1.88M |
|
|
VVUS
1747
DELISTED
Vivus Inc
VVUS
| $13M | 0.01% |
142,651
+69,295
| +94% | +$6.69M |
|
|
CS
1748
CALL
DELISTED
Credit Suisse Group
CS
| $12.9M | 0.01% |
416,500
-170,300
| -29% | -$5.16M |
|
1749
Rockwell Automation
ROK
$47.9B
| $12.9M | 0.01% |
109,378
-68,442
| -38% | -$7.61M |
|
1750
CALL
Toll Brothers
TOL
$13.7B
| $12.9M | 0.01% |
349,100
+96,800
| +38% | +$3.21M |
|
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.