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 | |
|---|---|---|---|---|---|---|
2076
Lincoln National
LNC
$8.29B
| $9.82M | ﹤0.01% |
190,203
+116,991
| +160% | +$5.6M |
|
2077
PUT
FTI Consulting
FCN
$4.19B
| $9.82M | ﹤0.01% |
238,600
+68,300
| +40% | +$2.84M |
|
2078
Sysco
SYY
$39.9B
| $9.78M | ﹤0.01% |
271,013
+160,161
| +144% | +$5.41M |
|
|
VMRK
2079
PUT
Vivmark Residential
VMRK
$26.7B
| $9.78M | ﹤0.01% |
188,600
+60,800
| +48% | +$3.2M |
|
|
DNR
2080
CALL
DELISTED
Denbury Resources, Inc.
DNR
| $9.78M | ﹤0.01% |
595,400
+110,100
| +23% | +$1.94M |
|
2081
PUT
Sociedad Química y Minera de Chile
SQM
$22.4B
| $9.77M | ﹤0.01% |
387,590
+304,814
| +368% | +$7.87M |
|
|
HOT
2082
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $9.77M | ﹤0.01% |
122,915
+65,262
| +113% | +$4.77M |
|
2083
CALL
SM Energy
SM
$8.41B
| $9.77M | ﹤0.01% |
117,500
-3,500
| -3% | -$299K |
|
|
DHC
2084
Diversified Healthcare Trust
DHC
$1.95B
| $9.76M | ﹤0.01% |
443,058
+372,215
| +525% | +$8.62M |
|
2085
PUT
Howard Hughes
HHH
$3.92B
| $9.75M | ﹤0.01% |
85,179
+6,399
| +8% | +$694K |
|
2086
PUT
Jefferies Financial Group
JEF
$12.2B
| $9.75M | ﹤0.01% |
384,292
-69,485
| -15% | -$1.76M |
|
|
ROC
2087
DELISTED
ROCKWOOD HLDGS INC
ROC
| $9.74M | ﹤0.01% |
135,370
+69,752
| +106% | +$4.75M |
|
|
AVB
2088
DELISTED
AvalonBay Communities
AVB
| $9.72M | ﹤0.01% |
82,257
+45,938
| +126% | +$5.66M |
|
2089
SK Telecom
SKM
$15.3B
| $9.7M | ﹤0.01% |
239,037
-79,472
| -25% | -$3.13M |
|
|
SGY
2090
DELISTED
Stone Energy
SGY
| $9.69M | ﹤0.01% |
4,931
+4,586
| +1,329% | +$8.78M |
|
2091
Take-Two Interactive
TTWO
$43.7B
| $9.67M | ﹤0.01% |
556,857
+263,392
| +90% | +$4.56M |
|
2092
Coeur Mining
CDE
$22B
| $9.67M | ﹤0.01% |
891,239
+322,686
| +57% | +$3.64M |
|
2093
Clean Energy Fuels
CLNE
$357M
| $9.67M | ﹤0.01% |
750,772
+547,652
| +270% | +$6.68M |
|
2094
Moody's
MCO
$89.1B
| $9.67M | ﹤0.01% |
123,225
-25,751
| -17% | -$1.88M |
|
2095
Oshkosh
OSK
$9.72B
| $9.67M | ﹤0.01% |
191,915
+71,011
| +59% | +$3.54M |
|
2096
CALL
Alaska Air
ALK
$4.8B
| $9.66M | ﹤0.01% |
263,400
+94,400
| +56% | +$3.35M |
|
2097
Timken Company
TKR
$8.74B
| $9.64M | ﹤0.01% |
244,460
+99,157
| +68% | +$3.87M |
|
|
GTLS
2098
CALL
DELISTED
Chart Industries
GTLS
| $9.63M | ﹤0.01% |
100,700
+61,700
| +158% | +$6.49M |
|
|
HTS
2099
PUT
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $9.62M | ﹤0.01% |
589,000
+164,400
| +39% | +$2.87M |
|
2100
CALL
Protolabs
PRLB
$1.89B
| $9.62M | ﹤0.01% |
135,200
-36,900
| -21% | -$2.86M |
|
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.