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 20+ Year Treasury Bond ETF
TLT
|
+$607M |
| 2 |
Apple
AAPL
|
+$361M |
| 3 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$214M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$208M |
| 5 |
Intel
INTC
|
+$169M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.73B |
| 2 |
Pfizer
PFE
|
+$887M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$696M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$433M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$320M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 86.04% |
| 2 | Technology | 3.9% |
| 3 | Financials | 1.72% |
| 4 | Consumer Discretionary | 1.47% |
| 5 | Energy | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Vanguard FTSE Europe ETF
VGK
$30.9B
| $5.75M | ﹤0.01% |
105,461
-202,015
| -66% | -$10.6M |
|
|
STI.WS.A
2502
DELISTED
Suntrust Banks Inc
STI.WS.A
| $5.75M | ﹤0.01% |
756,400
| – | – |
|
2503
CALL
Copart
CPRT
$30.6B
| $5.74M | ﹤0.01% |
1,445,600
-2,272,000
| -61% | -$9.25M |
|
|
BRSL
2504
PUT
Brightstar Lottery PLC
BRSL
$2.11B
| $5.74M | ﹤0.01% |
303,300
+67,200
| +28% | +$1.28M |
|
|
ELLI
2505
CALL
DELISTED
Ellie Mae Inc
ELLI
| $5.74M | ﹤0.01% |
179,300
+78,200
| +77% | +$2.18M |
|
2506
PUT
Cimpress
CMPR
$2.16B
| $5.73M | ﹤0.01% |
101,200
-7,900
| -7% | -$420K |
|
2507
Howard Hughes
HHH
$3.88B
| $5.73M | ﹤0.01% |
53,474
+24,207
| +83% | +$2.53M |
|
2508
Oneok
OKE
$60.2B
| $5.73M | ﹤0.01% |
122,686
-279,421
| -69% | -$12.1M |
|
|
LLTC
2509
PUT
DELISTED
Linear Technology Corp
LLTC
| $5.72M | ﹤0.01% |
144,300
+92,100
| +176% | +$3.64M |
|
2510
PUT
AGCO
AGCO
$7.77B
| $5.72M | ﹤0.01% |
94,700
-84,600
| -47% | -$4.79M |
|
|
URS
2511
DELISTED
URS CORP
URS
| $5.71M | ﹤0.01% |
106,286
+30,986
| +41% | +$1.54M |
|
|
UNXL
2512
CALL
DELISTED
Uni-Pixel, Inc.
UNXL
| $5.7M | ﹤0.01% |
321,400
+161,400
| +101% | +$2.57M |
|
2513
PUT
Clean Harbors
CLH
$16.4B
| $5.7M | ﹤0.01% |
97,100
-28,500
| -23% | -$1.59M |
|
|
SWC
2514
CALL
DELISTED
Stillwater Mining Co
SWC
| $5.69M | ﹤0.01% |
517,000
+126,000
| +32% | +$1.46M |
|
|
IMGN
2515
PUT
DELISTED
Immunogen Inc
IMGN
| $5.68M | ﹤0.01% |
333,600
+121,900
| +58% | +$2.14M |
|
2516
PUT
Ubiquiti
UI
$36.8B
| $5.67M | ﹤0.01% |
168,900
+69,300
| +70% | +$1.86M |
|
2517
CALL
Enbridge
ENB
$110B
| $5.67M | ﹤0.01% |
135,900
+93,900
| +224% | +$4M |
|
2518
PUT
Vanguard Real Estate ETF
VNQ
$38.6B
| $5.67M | ﹤0.01% |
85,700
-68,400
| -44% | -$4.65M |
|
2519
M&T Bank
MTB
$34.4B
| $5.65M | ﹤0.01% |
50,459
+29,908
| +146% | +$3.46M |
|
|
WCC
2520
CALL
WESCO International
WCC
$16.4B
| $5.65M | ﹤0.01% |
73,800
-23,800
| -24% | -$1.77M |
|
2521
Synaptics
SYNA
$3.72B
| $5.65M | ﹤0.01% |
127,520
+119,874
| +1,568% | +$4.91M |
|
2522
CALL
Louisiana-Pacific
LPX
$4.91B
| $5.64M | ﹤0.01% |
320,500
+48,700
| +18% | +$805K |
|
|
RAI
2523
DELISTED
Reynolds American Inc
RAI
| $5.64M | ﹤0.01% |
231,100
+107,536
| +87% | +$2.67M |
|
|
ZQK
2524
CALL
DELISTED
QUICKSILVER,INC.
ZQK
| $5.63M | ﹤0.01% |
801,100
+425,500
| +113% | +$2.66M |
|
2525
CALL
Pricesmart
PSMT
$5.23B
| $5.63M | ﹤0.01% |
59,100
+27,900
| +89% | +$2.51M |
|
Similar funds
Jeff Yass's Q3 2013 Portfolio in Review
As of Q3 2013, Jeff Yass held 9,320 positions worth $189B, up 7.4% from $176B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jeff Yass withdrew a net $9.21B in Q3 2013, closing 982 positions and reducing 3,282 holdings. Its most notable exit was NEWS CORPORATION CL-A, an estimated $41.4M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 86% of assets, down from 87% a quarter earlier, followed by Technology and Financials.
Against the trend, Jeff Yass opened a new position in Invesco DB Commodity Index Tracking Fund worth $46.1M.
- Jeff Yass's largest Q3 2013 buy was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M.
- Jeff Yass added most to iShares 20+ Year Treasury Bond ETF in Q3 2013, an estimated $607M increase.
- Jeff Yass's biggest Q3 2013 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.73B.
- Jeff Yass fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $41.4M.
- Jeff Yass's ten largest holdings make up 24% of its $189B portfolio in Q3 2013.
- Jeff Yass opened 1,211 new positions and closed 982 in Q3 2013.
- Jeff Yass's portfolio value rose 7.4% quarter-over-quarter to $189B.
Based on Susquehanna International Group's 13F filing for Q3 2013, filed 13 Nov 2013.