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 | |
|---|---|---|---|---|---|---|
|
N
2601
DELISTED
Netsuite Inc
N
| $5.34M | ﹤0.01% |
49,511
+46,391
| +1,487% | +$4.58M |
|
2602
CALL
Barclays
BCS
$90.2B
| $5.34M | ﹤0.01% |
338,784
-165,746
| -33% | -$2.59M |
|
|
CIM
2603
PUT
Chimera Investment
CIM
$963M
| $5.34M | ﹤0.01% |
117,100
+67,373
| +135% | +$3M |
|
2604
Veeco
VECO
$2.71B
| $5.34M | ﹤0.01% |
143,376
-31,681
| -18% | -$1.11M |
|
|
TSL
2605
CALL
DELISTED
Trina Solar Limited
TSL
| $5.33M | ﹤0.01% |
344,900
+17,800
| +5% | +$158K |
|
2606
ICICI Bank
IBN
$107B
| $5.33M | ﹤0.01% |
962,110
+203,022
| +27% | +$1.19M |
|
2607
VanEck Uranium + Nuclear Energy ETF
NLR
$4.15B
| $5.33M | ﹤0.01% |
118,067
+99,000
| +519% | +$4.43M |
|
2608
Ecolab
ECL
$80.4B
| $5.33M | ﹤0.01% |
53,964
-43,589
| -45% | -$4.06M |
|
2609
Take-Two Interactive
TTWO
$44B
| $5.33M | ﹤0.01% |
293,465
+179,141
| +157% | +$3.13M |
|
|
AOL
2610
PUT
DELISTED
AOL INC COMMON STOCK
AOL
| $5.33M | ﹤0.01% |
154,000
-103,700
| -40% | -$3.69M |
|
2611
PUT
Realty Income
O
$58.6B
| $5.32M | ﹤0.01% |
138,185
-59,649
| -30% | -$2.42M |
|
2612
Omega Healthcare
OHI
$13.9B
| $5.32M | ﹤0.01% |
178,122
-298,602
| -63% | -$9.09M |
|
|
MTOR
2613
PUT
DELISTED
MERITOR, Inc.
MTOR
| $5.32M | ﹤0.01% |
677,000
+512,700
| +312% | +$3.96M |
|
2614
PUT
Cardinal Health
CAH
$54.6B
| $5.31M | ﹤0.01% |
101,800
-35,700
| -26% | -$1.81M |
|
2615
PUT
Becton Dickinson
BDX
$51.6B
| $5.3M | ﹤0.01% |
54,325
| – | – |
|
2616
Apollo Global Management
APO
$79.7B
| $5.3M | ﹤0.01% |
187,454
+79,491
| +74% | +$2.13M |
|
2617
CALL
Golar LNG
GLNG
$5.13B
| $5.3M | ﹤0.01% |
140,600
+65,500
| +87% | +$2.4M |
|
2618
PUT
ProShares UltraShort QQQ
QID
$216M
| $5.3M | ﹤0.01% |
871
-407
| -32% | -$2.69M |
|
|
PDCE
2619
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $5.29M | ﹤0.01% |
88,900
+23,500
| +36% | +$1.32M |
|
2620
CALL
Alaska Air
ALK
$4.72B
| $5.29M | ﹤0.01% |
169,000
-223,200
| -57% | -$6.67M |
|
2621
CALL
L3Harris
LHX
$48.9B
| $5.28M | ﹤0.01% |
89,100
+43,000
| +93% | +$2.39M |
|
|
WMC
2622
PUT
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $5.28M | ﹤0.01% |
33,010
-1,550
| -4% | -$251K |
|
|
IM
2623
DELISTED
Ingram Micro
IM
| $5.27M | ﹤0.01% |
228,704
+33,641
| +17% | +$742K |
|
2624
PUT
Designer Brands
DBI
$279M
| $5.26M | ﹤0.01% |
123,400
+29,000
| +31% | +$1.17M |
|
|
AGN
2625
DELISTED
Allergan Inc
AGN
| $5.26M | ﹤0.01% |
58,134
-252,410
| -81% | -$22.7M |
|
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.