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 | |
|---|---|---|---|---|---|---|
|
PWRD
2651
DELISTED
PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
| $5.17M | ﹤0.01% |
259,763
+248,821
| +2,274% | +$5.06M |
|
2652
PUT
Ares Capital
ARCC
$14.3B
| $5.17M | ﹤0.01% |
298,700
+25,700
| +9% | +$450K |
|
2653
iShares Russell Mid-Cap ETF
IWR
$57.1B
| $5.17M | ﹤0.01% |
148,552
+56,920
| +62% | +$1.94M |
|
2654
CALL
AES
AES
$10.5B
| $5.16M | ﹤0.01% |
388,600
-63,100
| -14% | -$810K |
|
2655
CALL
FMC
FMC
$1.42B
| $5.16M | ﹤0.01% |
83,016
+54,306
| +189% | +$3.12M |
|
2656
PUT
ProShares VIX Short-Term Futures ETF
VIXY
$216M
| $5.16M | ﹤0.01% |
82
-133
| -62% | -$8.97M |
|
2657
PUT
Unisys
UIS
$196M
| $5.16M | ﹤0.01% |
204,800
+114,000
| +126% | +$2.86M |
|
|
CSC
2658
CALL
DELISTED
Computer Sciences
CSC
| $5.16M | ﹤0.01% |
236,588
+34,408
| +17% | +$724K |
|
|
SIX
2659
DELISTED
Six Flags Entertainment Corp.
SIX
| $5.16M | ﹤0.01% |
152,617
-51,417
| -25% | -$1.82M |
|
2660
Vanguard Consumer Staples ETF
VDC
$7.94B
| $5.15M | ﹤0.01% |
49,724
-16,856
| -25% | -$1.77M |
|
|
RNF
2661
PUT
DELISTED
RENTECH NITROGEN PARTNERS, L.P. INT
RNF
| $5.15M | ﹤0.01% |
210,100
-114,600
| -35% | -$3.22M |
|
2662
Vanguard Long-Term Bond ETF
BLV
$5.74B
| $5.15M | ﹤0.01% |
+61,997
| New | +$5.14M |
|
2663
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42B
| $5.14M | ﹤0.01% |
183,536
+107,164
| +140% | +$2.88M |
|
2664
CALL
Jabil
JBL
$31.6B
| $5.14M | ﹤0.01% |
237,100
+144,600
| +156% | +$3.3M |
|
2665
ProShares Ulta SmallCap600
SAA
$29M
| $5.14M | ﹤0.01% |
580,310
+8,050
| +1% | +$66.8K |
|
2666
CALL
Helmerich & Payne
HP
$4.25B
| $5.14M | ﹤0.01% |
74,500
-11,300
| -13% | -$746K |
|
|
FWLT
2667
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $5.14M | ﹤0.01% |
195,016
-77,447
| -28% | -$1.81M |
|
2668
iShares S&P 500 Value ETF
IVE
$50.2B
| $5.13M | ﹤0.01% |
65,565
-227,584
| -78% | -$18M |
|
|
ULTI
2669
DELISTED
Ultimate Software Group Inc
ULTI
| $5.13M | ﹤0.01% |
34,841
-7,827
| -18% | -$1.09M |
|
|
TNGO
2670
CALL
DELISTED
Tangoe, Inc.
TNGO
| $5.13M | ﹤0.01% |
215,200
+167,700
| +353% | +$3.26M |
|
2671
PUT
ProShares UltraPro QQQ
TQQQ
$36.2B
| $5.13M | ﹤0.01% |
5,462,400
-5,548,800
| -50% | -$4.68M |
|
2672
Jefferies Financial Group
JEF
$12.2B
| $5.12M | ﹤0.01% |
210,077
+90,816
| +76% | +$2.17M |
|
2673
CALL
ServiceNow
NOW
$150B
| $5.12M | ﹤0.01% |
493,000
+388,500
| +372% | +$3.57M |
|
|
JNPR
2674
DELISTED
Juniper Networks
JNPR
| $5.11M | ﹤0.01% |
257,085
-48,486
| -16% | -$999K |
|
|
PPL
2675
PPL Corp
PPL
$25.7B
| $5.1M | ﹤0.01% |
180,212
+69,343
| +63% | +$1.99M |
|
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.