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 | |
|---|---|---|---|---|---|---|
176
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $193M | 0.09% |
4,354,200
-405,400
| -9% | -$17.5M |
|
177
CALL
Salesforce
CRM
$171B
| $192M | 0.09% |
3,484,200
-271,000
| -7% | -$14.5M |
|
178
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $191M | 0.09% |
2,836,800
+1,975,200
| +229% | +$118M |
|
179
CALL
Phillips 66
PSX
$96.9B
| $191M | 0.09% |
2,480,700
+762,500
| +44% | +$50.9M |
|
|
B
180
PUT
Barrick Mining
B
$78.3B
| $191M | 0.09% |
10,833,000
-3,066,900
| -22% | -$54.1M |
|
181
GE Aerospace
GE
$361B
| $190M | 0.09% |
1,417,983
-77,118
| -5% | -$9.71M |
|
182
PUT
Walmart Inc
WMT
$825B
| $189M | 0.09% |
7,219,500
+186,000
| +3% | +$4.8M |
|
183
PUT
Merck
MRK
$376B
| $189M | 0.09% |
3,957,353
+58,898
| +2% | +$2.69M |
|
184
CALL
Pfizer
PFE
$160B
| $188M | 0.09% |
6,478,200
+1,712,855
| +36% | +$49.9M |
|
185
CALL
Marathon Petroleum
MPC
$101B
| $188M | 0.09% |
4,097,000
+1,438,800
| +54% | +$55.4M |
|
186
CALL
American Airlines Group
AAL
$9.15B
| $186M | 0.09% |
+7,383,000
| New | +$190M |
|
187
CALL
eBay
EBAY
$46.3B
| $185M | 0.09% |
8,006,170
+4,916,657
| +159% | +$109M |
|
188
PUT
McDonald's
MCD
$192B
| $184M | 0.08% |
1,895,000
-87,300
| -4% | -$8.39M |
|
189
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $182M | 0.08% |
8,070,800
-3,078,400
| -28% | -$61.1M |
|
|
TWC
190
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $182M | 0.08% |
1,340,300
-129,000
| -9% | -$16M |
|
191
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $180M | 0.08% |
735,600
+153,000
| +26% | +$36M |
|
|
192
PUT
Pfizer
PFE
$160B
| $177M | 0.08% |
6,079,050
-1,603,556
| -21% | -$46.7M |
|
|
193
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $174M | 0.08% |
4,237,088
-5,596,764
| -57% | -$231M |
|
194
PUT
Union Pacific
UNP
$183B
| $174M | 0.08% |
2,071,800
+327,000
| +19% | +$25.9M |
|
|
WBA
195
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $173M | 0.08% |
3,011,300
-111,600
| -4% | -$6.49M |
|
196
iShares MSCI Brazil ETF
EWZ
$8.52B
| $173M | 0.08% |
3,867,247
+246,810
| +7% | +$11.7M |
|
|
APC
197
PUT
DELISTED
Anadarko Petroleum
APC
| $173M | 0.08% |
2,175,700
+979,300
| +82% | +$87.8M |
|
198
Caterpillar
CAT
$381B
| $172M | 0.08% |
1,895,265
-42,214
| -2% | -$3.6M |
|
199
PUT
Occidental Petroleum
OXY
$61.3B
| $172M | 0.08% |
1,882,865
+543,181
| +41% | +$49.6M |
|
200
CALL
Ford
F
$57.5B
| $170M | 0.08% |
11,043,300
+385,800
| +4% | +$6.47M |
|
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.