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 | |
|---|---|---|---|---|---|---|
2551
Hartford Financial Services
HIG
$37.5B
| $5.53M | ﹤0.01% |
177,629
+117,908
| +197% | +$3.68M |
|
2552
MSCI
MSCI
$41.6B
| $5.53M | ﹤0.01% |
137,246
+2,901
| +2% | +$108K |
|
2553
Ametek
AME
$54.3B
| $5.52M | ﹤0.01% |
119,944
+16,359
| +16% | +$737K |
|
2554
PUT
Timken Company
TKR
$8.39B
| $5.51M | ﹤0.01% |
127,406
+56,299
| +79% | +$2.41M |
|
2555
Ventas
VTR
$47.2B
| $5.51M | ﹤0.01% |
78,435
-50,907
| -39% | -$3.78M |
|
|
LM
2556
CALL
DELISTED
Legg Mason, Inc.
LM
| $5.51M | ﹤0.01% |
164,700
-304,300
| -65% | -$10.2M |
|
2557
PUT
Public Storage
PSA
$58.6B
| $5.51M | ﹤0.01% |
34,300
-51,400
| -60% | -$8.14M |
|
|
WCG
2558
DELISTED
Wellcare Health Plans, Inc.
WCG
| $5.5M | ﹤0.01% |
78,906
-38,266
| -33% | -$2.45M |
|
2559
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.04B
| $5.49M | ﹤0.01% |
+111,994
| New | +$5.34M |
|
|
HBI
2560
DELISTED
Hanesbrands
HBI
| $5.49M | ﹤0.01% |
352,588
+98,188
| +39% | +$1.46M |
|
|
NS
2561
PUT
DELISTED
NuStar Energy L.P.
NS
| $5.49M | ﹤0.01% |
136,900
+23,300
| +21% | +$989K |
|
2562
Helix Energy Solutions
HLX
$1.49B
| $5.49M | ﹤0.01% |
216,232
+25,363
| +13% | +$652K |
|
|
EVEP
2563
DELISTED
EV Energy Partners, L.P.
EVEP
| $5.48M | ﹤0.01% |
147,870
-154,066
| -51% | -$5.88M |
|
|
SGMO
2564
CALL
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $5.48M | ﹤0.01% |
522,500
-50,000
| -9% | -$497K |
|
|
ODP
2565
DELISTED
ODP
ODP
| $5.47M | ﹤0.01% |
113,334
+87,841
| +345% | +$3.79M |
|
|
WPX
2566
PUT
DELISTED
WPX Energy, Inc.
WPX
| $5.47M | ﹤0.01% |
284,200
-72,900
| -20% | -$1.4M |
|
2567
Commerce Bancshares
CBSH
$8.35B
| $5.47M | ﹤0.01% |
235,408
+32,927
| +16% | +$783K |
|
2568
PUT
Lindsay Corp
LNN
$1.16B
| $5.47M | ﹤0.01% |
67,000
+2,700
| +4% | +$211K |
|
|
ETP
2569
CALL
DELISTED
Energy Transfer Partners, L.P.
ETP
| $5.46M | ﹤0.01% |
164,400
+44,200
| +37% | +$1.41M |
|
|
OA
2570
DELISTED
Orbital ATK, Inc.
OA
| $5.46M | ﹤0.01% |
55,939
+50,283
| +889% | +$4.77M |
|
|
WR
2571
DELISTED
Westar Energy Inc
WR
| $5.46M | ﹤0.01% |
178,067
+125,760
| +240% | +$4.02M |
|
2572
PUT
Cheniere Energy
CQP
$33.1B
| $5.46M | ﹤0.01% |
207,000
+60,000
| +41% | +$1.69M |
|
2573
CALL
Bank of Montreal
BMO
$120B
| $5.45M | ﹤0.01% |
81,600
+43,200
| +113% | +$2.71M |
|
|
VRNG
2574
PUT
DELISTED
VRINGO, INC COM STK NEW (DE)
VRNG
| $5.45M | ﹤0.01% |
189,310
+72,840
| +63% | +$2.3M |
|
|
ELLI
2575
PUT
DELISTED
Ellie Mae Inc
ELLI
| $5.44M | ﹤0.01% |
170,000
-34,700
| -17% | -$967K |
|
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.