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 | |
|---|---|---|---|---|---|---|
|
ARG
1826
DELISTED
Airgas Inc
ARG
| $12M | 0.01% |
107,239
+63,328
| +144% | +$6.9M |
|
1827
PUT
Core Laboratories
CLB
$550M
| $12M | 0.01% |
62,800
+46,000
| +274% | +$8.56M |
|
1828
PUT
KLA
KLAC
$240B
| $12M | 0.01% |
1,856,000
+61,000
| +3% | +$385K |
|
|
USG
1829
CALL
DELISTED
Usg
USG
| $11.9M | 0.01% |
420,200
-176,500
| -30% | -$4.78M |
|
|
TIVO
1830
CALL
DELISTED
TIVO INC
TIVO
| $11.9M | 0.01% |
908,800
-520,400
| -36% | -$6.74M |
|
1831
PUT
Incyte
INCY
$26B
| $11.9M | 0.01% |
235,500
+60,900
| +35% | +$2.65M |
|
1832
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$380M
| $11.9M | 0.01% |
5,920
-765
| -11% | -$1.52M |
|
1833
PUT
AstraZeneca
AZN
$258B
| $11.9M | 0.01% |
200,700
+28,600
| +17% | +$1.55M |
|
|
PCP
1834
DELISTED
PRECISION CASTPARTS CORP
PCP
| $11.9M | 0.01% |
44,235
-12,033
| -21% | -$3.03M |
|
1835
VF Corp
VFC
$5.46B
| $11.9M | 0.01% |
202,795
+141,369
| +230% | +$7.37M |
|
1836
Lear
LEA
$8.28B
| $11.9M | 0.01% |
146,994
-262,757
| -64% | -$20.6M |
|
|
EMFM
1837
DELISTED
Global X MSCI Next Emerging & Frontier ETF
EMFM
| $11.9M | 0.01% |
+486,916
| New | +$12M |
|
1838
CALL
Diamondback Energy
FANG
$56B
| $11.9M | 0.01% |
225,000
+70,200
| +45% | +$3.49M |
|
1839
CALL
Canadian Solar
CSIQ
$942M
| $11.9M | 0.01% |
398,600
-94,400
| -19% | -$2.5M |
|
1840
CALL
M&T Bank
MTB
$34.9B
| $11.9M | 0.01% |
102,000
-44,900
| -31% | -$5.1M |
|
|
HK
1841
DELISTED
Halcon Resources Corporation
HK
| $11.9M | 0.01% |
17,838
+13,398
| +302% | +$10.4M |
|
1842
CALL
NXP Semiconductors
NXPI
$56.3B
| $11.9M | 0.01% |
258,400
+58,100
| +29% | +$2.39M |
|
|
ARO
1843
DELISTED
Aeropostale Inc
ARO
| $11.9M | 0.01% |
1,305,716
+912,334
| +232% | +$8.35M |
|
1844
Sempra
SRE
$55.8B
| $11.9M | 0.01% |
264,382
-198,738
| -43% | -$8.83M |
|
1845
State Street
STT
$53.2B
| $11.9M | 0.01% |
161,665
-44,154
| -21% | -$3.09M |
|
|
SPWR
1846
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $11.9M | 0.01% |
607,746
-211,490
| -26% | -$4.23M |
|
1847
Universal Health Services
UHS
$10.5B
| $11.9M | 0.01% |
145,915
+118,712
| +436% | +$9.48M |
|
|
EXXI
1848
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $11.9M | 0.01% |
438,181
-26,386
| -6% | -$757K |
|
1849
CALL
Allstate
ALL
$66.2B
| $11.9M | 0.01% |
217,300
+53,400
| +33% | +$2.85M |
|
1850
Genuine Parts
GPC
$19.2B
| $11.8M | 0.01% |
142,355
+126,718
| +810% | +$10.2M |
|
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.