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 | |
|---|---|---|---|---|---|---|
1876
Bausch Health
BHC
$2.43B
| $11.6M | 0.01% |
98,735
+92,068
| +1,381% | +$10.1M |
|
1877
MannKind Corp
MNKD
$1.32B
| $11.6M | 0.01% |
445,412
+282,038
| +173% | +$7.17M |
|
|
PETM
1878
PUT
DELISTED
PETSMART INC
PETM
| $11.6M | 0.01% |
159,100
+48,900
| +44% | +$3.58M |
|
1879
Oneok
OKE
$59.8B
| $11.6M | 0.01% |
212,595
+89,909
| +73% | +$4.51M |
|
|
PPLI
1880
People Inc
PPLI
$2.92B
| $11.6M | 0.01% |
+942,144
| New | +$9.72M |
|
1881
CALL
CenterPoint Energy
CNP
$26.1B
| $11.5M | 0.01% |
498,200
-86,600
| -15% | -$2.08M |
|
1882
CALL
Olin
OLN
$2B
| $11.5M | 0.01% |
400,200
+238,800
| +148% | +$5.93M |
|
1883
Cemex
CX
$15.8B
| $11.5M | 0.01% |
1,141,185
+438,189
| +62% | +$4.11M |
|
|
MW
1884
PUT
DELISTED
THE MENS WAREHOUSE INC
MW
| $11.5M | 0.01% |
225,600
-19,100
| -8% | -$890K |
|
|
ACI
1885
PUT
DELISTED
ARCH COAL, INC.
ACI
| $11.5M | 0.01% |
258,910
+150,240
| +138% | +$6.31M |
|
1886
CALL
ResMed
RMD
$34B
| $11.5M | 0.01% |
244,400
-10,400
| -4% | -$526K |
|
1887
Waste Management
WM
$88.4B
| $11.5M | 0.01% |
256,286
+201,914
| +371% | +$8.82M |
|
1888
Murphy Oil
MUR
$4.97B
| $11.5M | 0.01% |
176,913
+156,456
| +765% | +$9.81M |
|
1889
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$281M
| – | – |
0
| – | – |
|
|
VALE.P
1890
DELISTED
Vale S A
VALE.P
| $11.5M | 0.01% |
818,928
-110,634
| -12% | -$1.57M |
|
|
TW
1891
CALL
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $11.5M | 0.01% |
89,800
+25,000
| +39% | +$2.91M |
|
1892
CALL
State Street
STT
$53.2B
| $11.4M | 0.01% |
156,000
-90,300
| -37% | -$6.33M |
|
|
SWN
1893
CALL
DELISTED
Southwestern Energy Company
SWN
| $11.4M | 0.01% |
291,100
+18,600
| +7% | +$699K |
|
|
XONE
1894
PUT
DELISTED
The ExOne Company
XONE
| $11.4M | 0.01% |
189,300
+67,700
| +56% | +$3.67M |
|
1895
PUT
Boston Properties
BXP
$11.2B
| $11.4M | 0.01% |
114,000
+25,600
| +29% | +$2.65M |
|
1896
PUT
Nabors Industries
NBR
$1.29B
| $11.4M | 0.01% |
13,462
+5,022
| +60% | +$4.25M |
|
1897
CALL
Itaú Unibanco
ITUB
$83.9B
| $11.4M | 0.01% |
2,311,555
-163,615
| -7% | -$851K |
|
1898
Align Technology
ALGN
$11.3B
| $11.4M | 0.01% |
200,019
+171,308
| +597% | +$9.22M |
|
|
1899
PUT
MannKind Corp
MNKD
$1.32B
| $11.4M | 0.01% |
438,460
-219,320
| -33% | -$5.58M |
|
1900
CALL
WEC Energy
WEC
$35B
| $11.4M | 0.01% |
276,300
+19,100
| +7% | +$793K |
|
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.