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 | |
|---|---|---|---|---|---|---|
2051
PUT
Zoetis
ZTS
$32B
| $10M | ﹤0.01% |
306,900
+34,100
| +13% | +$1.09M |
|
2052
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.15B
| $10M | ﹤0.01% |
196,507
+11,258
| +6% | +$586K |
|
|
TW
2053
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $9.99M | ﹤0.01% |
78,300
+64,218
| +456% | +$7.47M |
|
|
EZCH
2054
PUT
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $9.99M | ﹤0.01% |
406,000
-311,000
| -43% | -$7.68M |
|
|
ALXN
2055
DELISTED
Alexion Pharmaceuticals
ALXN
| $9.99M | ﹤0.01% |
75,049
-30,078
| -29% | -$3.61M |
|
2056
CALL
Dover
DOV
$27.6B
| $9.98M | ﹤0.01% |
154,251
+47,737
| +45% | +$2.92M |
|
|
DF
2057
DELISTED
Dean Foods Company
DF
| $9.98M | ﹤0.01% |
580,400
+31,413
| +6% | +$572K |
|
2058
PUT
iShares MSCI Australia ETF
EWA
$1.34B
| $9.96M | ﹤0.01% |
408,800
-110,600
| -21% | -$2.83M |
|
2059
PUT
IMAX
IMAX
$2.89B
| $9.95M | ﹤0.01% |
337,600
+244,900
| +264% | +$7.04M |
|
2060
Lloyds Banking Group
LYG
$87.5B
| $9.95M | ﹤0.01% |
1,869,551
+422,769
| +29% | +$2.12M |
|
2061
CALL
Vera Bradley
VRA
$95.3M
| $9.93M | ﹤0.01% |
413,100
-139,000
| -25% | -$3.19M |
|
2062
H&R Block
HRB
$6.49B
| $9.93M | ﹤0.01% |
341,851
+29,948
| +10% | +$850K |
|
2063
AutoZone
AZO
$49B
| $9.91M | ﹤0.01% |
20,738
-17,209
| -45% | -$7.72M |
|
2064
PUT
Alliance Resource Partners
ARLP
$3.37B
| $9.89M | ﹤0.01% |
257,000
+92,200
| +56% | +$3.47M |
|
|
2065
CALL
iShares MSCI Australia ETF
EWA
$1.34B
| $9.89M | ﹤0.01% |
405,900
-363,100
| -47% | -$9.28M |
|
2066
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$68.1M
| $9.88M | ﹤0.01% |
2
| – | – |
|
|
ITC
2067
DELISTED
ITC HOLDINGS CORP
ITC
| $9.88M | ﹤0.01% |
309,270
+218,616
| +241% | +$6.98M |
|
|
ARUN
2068
PUT
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $9.88M | ﹤0.01% |
551,700
+111,900
| +25% | +$2.01M |
|
2069
Albemarle
ALB
$15.9B
| $9.87M | ﹤0.01% |
155,748
+104,592
| +204% | +$6.94M |
|
2070
PUT
Canadian Pacific Kansas City
CP
$83.3B
| $9.87M | ﹤0.01% |
326,000
-332,500
| -50% | -$9.58M |
|
2071
PUT
Alaska Air
ALK
$4.8B
| $9.86M | ﹤0.01% |
268,800
+115,000
| +75% | +$4.09M |
|
2072
CALL
Vanguard FTSE Europe ETF
VGK
$31.2B
| $9.85M | ﹤0.01% |
167,500
+101,100
| +152% | +$5.7M |
|
2073
iShares Russell 3000 ETF
IWV
$20.2B
| $9.85M | ﹤0.01% |
88,980
+31,824
| +56% | +$3.38M |
|
|
VVUS
2074
CALL
DELISTED
Vivus Inc
VVUS
| $9.83M | ﹤0.01% |
108,300
-58,850
| -35% | -$5.68M |
|
2075
PUT
Align Technology
ALGN
$11.3B
| $9.83M | ﹤0.01% |
172,000
-104,300
| -38% | -$5.61M |
|
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.