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 | |
|---|---|---|---|---|---|---|
|
KCG
2626
PUT
DELISTED
KCG Holdings, Inc.
KCG
| $5.26M | ﹤0.01% |
+606,400
| New | +$5.49M |
|
2627
Northrop Grumman
NOC
$77.5B
| $5.26M | ﹤0.01% |
55,165
-70,955
| -56% | -$6.56M |
|
|
HLSS
2628
PUT
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $5.25M | ﹤0.01% |
238,500
+181,300
| +317% | +$4.3M |
|
|
HSP
2629
CALL
DELISTED
HOSPIRA INC
HSP
| $5.24M | ﹤0.01% |
133,600
+75,400
| +130% | +$3.01M |
|
2630
Chubb
CB
$131B
| $5.24M | ﹤0.01% |
55,990
+11,512
| +26% | +$1.05M |
|
2631
PUT
Crocs
CROX
$5.86B
| $5.24M | ﹤0.01% |
384,800
+135,600
| +54% | +$1.97M |
|
2632
PUT
Adeia
ADEA
$2.84B
| $5.24M | ﹤0.01% |
1,022,868
+684,558
| +202% | +$3.62M |
|
2633
Invesco S&P 500 Pure Growth ETF
RPG
$1.93B
| $5.24M | ﹤0.01% |
412,045
+205,150
| +99% | +$2.52M |
|
2634
CALL
Centene
CNC
$32B
| $5.23M | ﹤0.01% |
327,200
-92,800
| -22% | -$1.34M |
|
2635
Best Buy
BBY
$17.4B
| $5.23M | ﹤0.01% |
139,475
+71,955
| +107% | +$2.39M |
|
2636
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.42B
| $5.23M | ﹤0.01% |
200,008
+152,554
| +321% | +$3.9M |
|
|
TRQ
2637
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $5.23M | ﹤0.01% |
153,639
+123,309
| +407% | +$4.86M |
|
|
CY
2638
DELISTED
Cypress Semiconductor
CY
| $5.22M | ﹤0.01% |
558,707
+133,880
| +32% | +$1.56M |
|
2639
PUT
Generac Holdings
GNRC
$10.8B
| $5.21M | ﹤0.01% |
122,200
-51,400
| -30% | -$2.13M |
|
2640
Spectrum Brands
SPB
$2.04B
| $5.21M | ﹤0.01% |
79,138
+4,428
| +6% | +$271K |
|
2641
PUT
ProShares UltraShort Energy
DUG
$27.6M
| $5.21M | ﹤0.01% |
4,490
-1,260
| -22% | -$1.5M |
|
2642
CALL
Warner Bros
WBD
$72.1B
| $5.2M | ﹤0.01% |
120,551
+67,908
| +129% | +$2.82M |
|
|
RVBD
2643
CALL
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $5.2M | ﹤0.01% |
356,200
-303,200
| -46% | -$4.85M |
|
2644
PPG Industries
PPG
$25.4B
| $5.19M | ﹤0.01% |
62,122
-177,840
| -74% | -$14.2M |
|
|
MHR
2645
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $5.19M | ﹤0.01% |
840,868
+374,847
| +80% | +$1.7M |
|
2646
Intuit
INTU
$97.9B
| $5.19M | ﹤0.01% |
78,232
+22,501
| +40% | +$1.45M |
|
|
FSL
2647
PUT
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $5.19M | ﹤0.01% |
311,500
+43,200
| +16% | +$666K |
|
2648
Willis Towers Watson
WTW
$31.9B
| $5.18M | ﹤0.01% |
+45,162
| New | +$5.1M |
|
|
XONE
2649
PUT
DELISTED
The ExOne Company
XONE
| $5.18M | ﹤0.01% |
+121,600
| New | +$7.62M |
|
|
TTM
2650
DELISTED
Tata Motors Limited
TTM
| $5.17M | ﹤0.01% |
194,418
+47,960
| +33% | +$1.18M |
|
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.