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 | |
|---|---|---|---|---|---|---|
1776
Herc Holdings
HRI
$5.22B
| $12.6M | 0.01% |
146,579
-207,092
| -59% | -$14.8M |
|
1777
PUT
NRG Energy
NRG
$24.4B
| $12.6M | 0.01% |
437,900
+4,200
| +1% | +$117K |
|
1778
PUT
Kinross Gold
KGC
$38.3B
| $12.6M | 0.01% |
2,868,700
-864,700
| -23% | -$4.13M |
|
|
ITC
1779
CALL
DELISTED
ITC HOLDINGS CORP
ITC
| $12.6M | 0.01% |
393,300
+17,700
| +5% | +$565K |
|
1780
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.6B
| $12.6M | 0.01% |
+234,844
| New | +$12.6M |
|
1781
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.88B
| $12.5M | 0.01% |
208,004
+101,631
| +96% | +$6.1M |
|
|
RYL
1782
PUT
DELISTED
RYLAND GROUP INC
RYL
| $12.5M | 0.01% |
288,900
-126,200
| -30% | -$5.01M |
|
|
SAFE
1783
PUT
Safehold
SAFE
$1.09B
| $12.5M | 0.01% |
180,376
-781
| -0.4% | -$48.7K |
|
|
RYL
1784
CALL
DELISTED
RYLAND GROUP INC
RYL
| $12.5M | 0.01% |
287,800
-60,400
| -17% | -$2.4M |
|
|
KMR
1785
PUT
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $12.5M | 0.01% |
176,650
-35,212
| -17% | -$2.46M |
|
1786
Zimmer Biomet
ZBH
$19.3B
| $12.5M | 0.01% |
137,998
+60,875
| +79% | +$5.27M |
|
1787
ITT
ITT
$18.8B
| $12.5M | 0.01% |
287,340
-23,596
| -8% | -$938K |
|
1788
Motorola Solutions
MSI
$80.6B
| $12.5M | 0.01% |
184,828
+34,535
| +23% | +$2.2M |
|
|
MLNX
1789
CALL
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $12.5M | 0.01% |
312,000
-151,800
| -33% | -$5.79M |
|
|
JWN
1790
PUT
DELISTED
Nordstrom
JWN
| $12.4M | 0.01% |
201,100
-60,100
| -23% | -$3.62M |
|
1791
Liberty Media Series A
FWONA
$23.9B
| $12.4M | 0.01% |
477,894
-48,246
| -9% | -$1.28M |
|
1792
PUT
Workday
WDAY
$47.1B
| $12.4M | 0.01% |
149,000
-179,000
| -55% | -$14.1M |
|
|
ALU
1793
PUT
DELISTED
Alcatel-Lucent
ALU
| $12.4M | 0.01% |
2,815,200
+761,616
| +37% | +$2.99M |
|
1794
KeyCorp
KEY
$23.6B
| $12.4M | 0.01% |
922,051
+644,825
| +233% | +$8.16M |
|
|
ANR
1795
DELISTED
Alpha Natural Resources Inc
ANR
| $12.4M | 0.01% |
1,730,517
+338,855
| +24% | +$2.29M |
|
|
LGF
1796
PUT
DELISTED
Lions Gate Entertainment
LGF
| $12.3M | 0.01% |
389,900
+140,000
| +56% | +$4.62M |
|
|
ACAS
1797
DELISTED
American Capital Ltd
ACAS
| $12.3M | 0.01% |
788,804
+15,246
| +2% | +$221K |
|
1798
PUT
Trane Technologies
TT
$102B
| $12.3M | 0.01% |
199,500
-81,699
| -29% | -$4.5M |
|
1799
Golar LNG
GLNG
$5.23B
| $12.3M | 0.01% |
338,393
+210,851
| +165% | +$7.73M |
|
1800
Public Storage
PSA
$59.3B
| $12.3M | 0.01% |
81,567
+50,956
| +166% | +$8.14M |
|
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.