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 | |
|---|---|---|---|---|---|---|
1976
CALL
Five Below
FIVE
$14.2B
| $10.6M | ﹤0.01% |
244,700
+18,900
| +8% | +$906K |
|
1977
PUT
Timken Company
TKR
$8.74B
| $10.6M | ﹤0.01% |
267,945
+140,539
| +110% | +$5.48M |
|
1978
CALL
Nexstar Media Group
NXST
$5.72B
| $10.6M | ﹤0.01% |
189,500
-32,100
| -14% | -$1.53M |
|
1979
Global Payments
GPN
$24.6B
| $10.6M | ﹤0.01% |
324,702
+290,540
| +850% | +$8.8M |
|
|
BPL
1980
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $10.6M | ﹤0.01% |
148,600
-38,500
| -21% | -$2.59M |
|
|
TUP
1981
PUT
DELISTED
Tupperware Brands Corporation
TUP
| $10.5M | ﹤0.01% |
111,500
+25,500
| +30% | +$2.31M |
|
|
PPLI
1982
PUT
People Inc
PPLI
$2.92B
| $10.5M | ﹤0.01% |
858,336
+424,132
| +98% | +$4.37M |
|
|
ODP
1983
DELISTED
ODP
ODP
| $10.5M | ﹤0.01% |
198,949
+85,615
| +76% | +$4.53M |
|
1984
Graham Holdings Company
GHC
$4.93B
| $10.5M | ﹤0.01% |
26,247
-647
| -2% | -$250K |
|
1985
Prospect Capital
PSEC
$1.18B
| $10.5M | ﹤0.01% |
937,707
+905,589
| +2,820% | +$10.2M |
|
|
COV
1986
PUT
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $10.5M | ﹤0.01% |
154,400
-51,500
| -25% | -$3.35M |
|
1987
Bread Financial
BFH
$4.13B
| $10.5M | ﹤0.01% |
50,044
+33,883
| +210% | +$6.47M |
|
1988
PUT
Plains All American Pipeline
PAA
$18.1B
| $10.5M | ﹤0.01% |
202,800
+67,100
| +49% | +$3.43M |
|
1989
CALL
Tyson Foods
TSN
$19.9B
| $10.5M | ﹤0.01% |
313,600
-264,900
| -46% | -$8.07M |
|
|
SD
1990
CALL
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $10.5M | ﹤0.01% |
1,728,200
-1,273,600
| -42% | -$7.61M |
|
1991
CALL
Ubiquiti
UI
$36.1B
| $10.5M | ﹤0.01% |
228,100
-100,300
| -31% | -$3.99M |
|
1992
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.88B
| $10.5M | ﹤0.01% |
657,200
-41,600
| -6% | -$581K |
|
1993
ManpowerGroup
MAN
$2.88B
| $10.5M | ﹤0.01% |
122,048
-3,146
| -3% | -$252K |
|
1994
T-Mobile US
TMUS
$193B
| $10.5M | ﹤0.01% |
311,163
+48,242
| +18% | +$1.32M |
|
1995
CALL
Tenet Healthcare
THC
$22.1B
| $10.5M | ﹤0.01% |
248,500
-56,000
| -18% | -$2.44M |
|
|
ARMH
1996
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $10.5M | ﹤0.01% |
191,121
+183,151
| +2,298% | +$8.92M |
|
|
CMA.WS
1997
DELISTED
Comerica Incorporated Ws
CMA.WS
| $10.4M | ﹤0.01% |
548,494
| – | – |
|
1998
AstraZeneca
AZN
$258B
| $10.4M | ﹤0.01% |
175,600
+137,448
| +360% | +$7.47M |
|
1999
Itaú Unibanco
ITUB
$83.9B
| $10.4M | ﹤0.01% |
2,106,200
-790,804
| -27% | -$4.11M |
|
2000
CALL
iShares Core S&P 500 ETF
IVV
$894B
| $10.4M | ﹤0.01% |
56,100
-215,300
| -79% | -$38.3M |
|
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.