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 | |
|---|---|---|---|---|---|---|
2126
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $9.44M | ﹤0.01% |
146,200
+60,500
| +71% | +$4.05M |
|
|
JKS
2127
CALL
JinkoSolar
JKS
$715M
| $9.43M | ﹤0.01% |
321,800
+81,800
| +34% | +$2.2M |
|
2128
State Street SPDR S&P Metals & Mining ETF
XME
$4.81B
| $9.43M | ﹤0.01% |
224,031
-71,984
| -24% | -$2.82M |
|
2129
New Oriental
EDU
$9.19B
| $9.42M | ﹤0.01% |
299,157
-51,146
| -15% | -$1.42M |
|
|
CIT
2130
DELISTED
CIT Group Inc.
CIT
| $9.41M | ﹤0.01% |
180,461
+80,708
| +81% | +$4.01M |
|
|
BRSL
2131
Brightstar Lottery PLC
BRSL
$2.1B
| $9.39M | ﹤0.01% |
517,314
+253,774
| +96% | +$4.58M |
|
2132
Ball Corp
BALL
$17B
| $9.38M | ﹤0.01% |
363,192
+281,770
| +346% | +$6.87M |
|
2133
CALL
W.P. Carey
WPC
$16.2B
| $9.38M | ﹤0.01% |
156,111
-3,165
| -2% | -$199K |
|
|
CSC
2134
PUT
DELISTED
Computer Sciences
CSC
| $9.37M | ﹤0.01% |
397,952
-4,509
| -1% | -$100K |
|
2135
Check Point Software Technologies
CHKP
$13.2B
| $9.36M | ﹤0.01% |
145,035
-34,828
| -19% | -$2.09M |
|
2136
Community Health Systems
CYH
$412M
| $9.34M | ﹤0.01% |
287,913
+2,468
| +0.9% | +$84.8K |
|
2137
CALL
CarMax
KMX
$9.06B
| $9.34M | ﹤0.01% |
198,600
-2,000
| -1% | -$98K |
|
2138
PUT
Invesco Solar ETF
TAN
$1.26B
| $9.34M | ﹤0.01% |
265,400
+213,400
| +410% | +$7.99M |
|
|
KERX
2139
PUT
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $9.33M | ﹤0.01% |
720,800
+64,400
| +10% | +$769K |
|
2140
Helmerich & Payne
HP
$4.14B
| $9.29M | ﹤0.01% |
110,440
-9,913
| -8% | -$772K |
|
2141
Apollo Global Management
APO
$78.9B
| $9.27M | ﹤0.01% |
293,373
+105,919
| +57% | +$3.28M |
|
|
SAVE
2142
DELISTED
Spirit Airlines, Inc.
SAVE
| $9.24M | ﹤0.01% |
203,589
+19,243
| +10% | +$819K |
|
2143
Copa Holdings
CPA
$5.99B
| $9.24M | ﹤0.01% |
57,721
+1,753
| +3% | +$265K |
|
2144
CALL
Automatic Data Processing
ADP
$112B
| $9.24M | ﹤0.01% |
130,188
-24,716
| -16% | -$1.66M |
|
|
HOLX
2145
CALL
DELISTED
Hologic
HOLX
| $9.23M | ﹤0.01% |
412,900
+212,400
| +106% | +$4.68M |
|
2146
CALL
American Eagle Outfitters
AEO
$2.95B
| $9.22M | ﹤0.01% |
640,300
+365,900
| +133% | +$5.43M |
|
2147
PUT
Axos Financial
AX
$5.56B
| $9.22M | ﹤0.01% |
470,000
+436,400
| +1,299% | +$7.85M |
|
2148
CALL
SLM Corp
SLM
$5.03B
| $9.2M | ﹤0.01% |
979,860
+610,804
| +166% | +$5.62M |
|
|
MMP
2149
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $9.18M | ﹤0.01% |
145,100
-52,300
| -26% | -$3.12M |
|
2150
Trinity Industries
TRN
$2.35B
| $9.18M | ﹤0.01% |
467,637
+281,925
| +152% | +$5.11M |
|
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.