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 | |
|---|---|---|---|---|---|---|
1801
Radian Group
RDN
$4.87B
| $12.2M | 0.01% |
866,730
-85,276
| -9% | -$1.19M |
|
|
BCR
1802
PUT
DELISTED
CR Bard Inc.
BCR
| $12.2M | 0.01% |
91,200
+54,000
| +145% | +$7.12M |
|
1803
CALL
Amphenol
APH
$199B
| $12.2M | 0.01% |
1,095,200
+744,800
| +213% | +$7.7M |
|
1804
ICICI Bank
IBN
$108B
| $12.2M | 0.01% |
1,806,294
+844,184
| +88% | +$5.39M |
|
1805
GSK
GSK
$103B
| $12.2M | 0.01% |
182,882
+139,588
| +322% | +$9.05M |
|
|
BKS
1806
CALL
DELISTED
Barnes & Noble
BKS
| $12.2M | 0.01% |
1,244,911
-90,186
| -7% | -$869K |
|
1807
Invesco Mortgage Capital
IVR
$793M
| $12.2M | 0.01% |
83,018
+58,031
| +232% | +$8.81M |
|
|
FRX
1808
DELISTED
FOREST LABORATORIES INC
FRX
| $12.2M | 0.01% |
202,916
+148,053
| +270% | +$7.45M |
|
1809
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.9M
| $12.2M | 0.01% |
136,200
-254,800
| -65% | -$23.7M |
|
1810
PUT
PACCAR
PCAR
$68B
| $12.2M | 0.01% |
308,700
+150,900
| +96% | +$5.71M |
|
1811
CACI
CACI
$13.8B
| $12.2M | 0.01% |
166,270
+8,283
| +5% | +$587K |
|
1812
Vulcan Materials
VMC
$35.5B
| $12.2M | 0.01% |
204,856
+9,789
| +5% | +$540K |
|
1813
CALL
Apollo Global Management
APO
$78.9B
| $12.2M | 0.01% |
385,000
+277,700
| +259% | +$8.61M |
|
|
BYI
1814
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $12.1M | 0.01% |
154,541
+145,479
| +1,605% | +$10.6M |
|
1815
Commercial Metals
CMC
$7.57B
| $12.1M | 0.01% |
595,437
+49,664
| +9% | +$923K |
|
1816
PUT
J.M. Smucker
SJM
$14B
| $12.1M | 0.01% |
116,800
+71,800
| +160% | +$7.61M |
|
|
ZNGA
1817
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $12.1M | 0.01% |
3,181,800
-1,174,700
| -27% | -$4.55M |
|
1818
Lockheed Martin
LMT
$131B
| $12M | 0.01% |
81,022
+8,778
| +12% | +$1.19M |
|
1819
State Street Materials Select Sector SPDR ETF
XLB
$8.9B
| $12M | 0.01% |
521,112
-236,942
| -31% | -$5.21M |
|
|
TLM
1820
DELISTED
TALISMAN ENERGY INC
TLM
| $12M | 0.01% |
1,033,388
+232,120
| +29% | +$2.79M |
|
1821
iShares Core S&P 500 ETF
IVV
$894B
| $12M | 0.01% |
64,704
-31,590
| -33% | -$5.62M |
|
1822
Eldorado Gold
EGO
$12.2B
| $12M | 0.01% |
422,075
+131,688
| +45% | +$4.04M |
|
|
SFUN
1823
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $12M | 0.01% |
14,566
+10,322
| +243% | +$6.48M |
|
1824
Myriad Genetics
MYGN
$298M
| $12M | 0.01% |
571,997
+146,413
| +34% | +$3.7M |
|
1825
PUT
Digital Realty Trust
DLR
$71.8B
| $12M | 0.01% |
244,200
-35,000
| -13% | -$1.74M |
|
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.