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 | |
|---|---|---|---|---|---|---|
|
CONN
1926
DELISTED
Conn's Inc.
CONN
| $11.1M | 0.01% |
141,077
+55,710
| +65% | +$3.57M |
|
|
FITB
1927
Fifth Third Bancorp
FITB
$50B
| $11.1M | 0.01% |
528,347
-100,610
| -16% | -$1.97M |
|
1928
BHP
BHP
$245B
| $11.1M | 0.01% |
192,587
-87,611
| -31% | -$5.07M |
|
1929
CALL
Boston Properties
BXP
$11.2B
| $11.1M | 0.01% |
110,600
-8,300
| -7% | -$859K |
|
1930
Best Buy
BBY
$18.4B
| $11.1M | 0.01% |
278,126
+138,651
| +99% | +$5.69M |
|
1931
Western Union
WU
$2.26B
| $11.1M | 0.01% |
642,035
+68,063
| +12% | +$1.19M |
|
1932
CALL
Viavi Solutions
VIAV
$9.57B
| $11.1M | 0.01% |
1,498,519
+644,834
| +76% | +$4.9M |
|
1933
Adobe
ADBE
$109B
| $11M | 0.01% |
184,468
-224,521
| -55% | -$12.4M |
|
|
RAI
1934
CALL
DELISTED
Reynolds American Inc
RAI
| $11M | 0.01% |
441,200
+219,000
| +99% | +$5.52M |
|
1935
Terex
TEX
$7.47B
| $11M | 0.01% |
262,400
+221,131
| +536% | +$8.01M |
|
1936
Avnet
AVT
$7.41B
| $11M | 0.01% |
248,850
+97,752
| +65% | +$4.03M |
|
1937
VanEck Biotech ETF
BBH
$472M
| $11M | 0.01% |
123,783
+79,801
| +181% | +$6.67M |
|
|
ENDP
1938
PUT
DELISTED
Endo International plc
ENDP
| $10.9M | 0.01% |
162,300
+60,700
| +60% | +$3.46M |
|
|
TYC
1939
CALL
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $10.9M | 0.01% |
254,603
+58,446
| +30% | +$2.27M |
|
|
AVP
1940
DELISTED
Avon Products, Inc.
AVP
| $10.9M | 0.01% |
634,989
+527,236
| +489% | +$9.85M |
|
1941
CALL
Stryker
SYK
$126B
| $10.9M | 0.01% |
145,500
-164,700
| -53% | -$12M |
|
1942
PUT
iShares Russell 2000 Value ETF
IWN
$14.6B
| $10.9M | 0.01% |
109,800
+29,500
| +37% | +$2.82M |
|
1943
PUT
Fortinet
FTNT
$116B
| $10.9M | 0.01% |
2,853,500
+1,021,500
| +56% | +$3.98M |
|
1944
IAMGOLD
IAG
$12.3B
| $10.9M | 0.01% |
3,276,580
+1,760,206
| +116% | +$7.63M |
|
1945
PUT
Sempra
SRE
$55.8B
| $10.9M | 0.01% |
242,400
+220,200
| +992% | +$9.78M |
|
1946
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $10.9M | 0.01% |
+135,846
| New | +$10.9M |
|
1947
PUT
Pitney Bowes
PBI
$2.33B
| $10.8M | 0.01% |
465,500
-159,800
| -26% | -$3.44M |
|
|
LGF
1948
CALL
DELISTED
Lions Gate Entertainment
LGF
| $10.8M | 0.01% |
342,300
-6,800
| -2% | -$224K |
|
1949
HCA Healthcare
HCA
$92.5B
| $10.8M | 0.01% |
227,054
+149,184
| +192% | +$6.89M |
|
1950
CALL
Harley-Davidson
HOG
$2.9B
| $10.8M | 0.01% |
156,400
-8,800
| -5% | -$583K |
|
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.