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 | |
|---|---|---|---|---|---|---|
|
MENT
2676
DELISTED
Mentor Graphics Corp
MENT
| $5.1M | ﹤0.01% |
218,119
+25,615
| +13% | +$549K |
|
2677
Broadcom
AVGO
$1.75T
| $5.09M | ﹤0.01% |
1,179,720
+746,780
| +172% | +$2.87M |
|
|
TGI
2678
DELISTED
Triumph Group
TGI
| $5.08M | ﹤0.01% |
72,364
-33,753
| -32% | -$2.6M |
|
2679
CALL
Timken Company
TKR
$8.37B
| $5.08M | ﹤0.01% |
117,488
+42,190
| +56% | +$1.81M |
|
2680
Oceaneering
OII
$5.04B
| $5.08M | ﹤0.01% |
62,502
+46,802
| +298% | +$3.76M |
|
|
BBBY
2681
DELISTED
Bed Bath & Beyond Inc
BBBY
| $5.08M | ﹤0.01% |
65,622
-33,473
| -34% | -$2.51M |
|
2682
OSI Systems
OSIS
$3.29B
| $5.07M | ﹤0.01% |
68,138
+37,344
| +121% | +$2.65M |
|
|
UTEK
2683
PUT
DELISTED
Ultratech Inc.
UTEK
| $5.07M | ﹤0.01% |
167,400
+75,500
| +82% | +$2.31M |
|
|
AVB
2684
PUT
DELISTED
AvalonBay Communities
AVB
| $5.07M | ﹤0.01% |
39,900
-148,900
| -79% | -$19.6M |
|
|
DRC
2685
PUT
DELISTED
DRESSER-RAND GROUP INC
DRC
| $5.07M | ﹤0.01% |
81,200
+63,200
| +351% | +$3.95M |
|
|
TRW
2686
PUT
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $5.06M | ﹤0.01% |
71,000
+22,100
| +45% | +$1.55M |
|
2687
CALL
Neurocrine Biosciences
NBIX
$15.7B
| $5.05M | ﹤0.01% |
446,200
+275,300
| +161% | +$3.78M |
|
2688
PUT
Invesco CurrencyShares Canadian Dollar Trust
FXC
$66.9M
| $5.05M | ﹤0.01% |
52,300
-120,900
| -70% | -$11.6M |
|
|
TQNT
2689
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $5.05M | ﹤0.01% |
620,919
+42,948
| +7% | +$328K |
|
2690
CALL
Copa Holdings
CPA
$5.29B
| $5.05M | ﹤0.01% |
36,400
+14,400
| +65% | +$1.97M |
|
2691
CALL
Silicon Laboratories
SLAB
$7.29B
| $5.04M | ﹤0.01% |
118,100
+96,700
| +452% | +$4M |
|
|
SWI
2692
CALL
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $5.04M | ﹤0.01% |
143,700
+99,600
| +226% | +$3.9M |
|
|
DNDN
2693
CALL
DELISTED
DENDREON CORPORATION
DNDN
| $5.04M | ﹤0.01% |
1,719,400
+375,500
| +28% | +$1.39M |
|
2694
PUT
Ryder
R
$9.43B
| $5.03M | ﹤0.01% |
84,300
+29,000
| +52% | +$1.74M |
|
2695
PUT
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $5.03M | ﹤0.01% |
156,900
+40,600
| +35% | +$1.32M |
|
|
DATA
2696
CALL
DELISTED
Tableau Software, Inc.
DATA
| $5.02M | ﹤0.01% |
70,500
+39,100
| +125% | +$2.51M |
|
2697
Owens Corning
OC
$11.3B
| $5.01M | ﹤0.01% |
131,955
-11,738
| -8% | -$458K |
|
2698
CALL
Royal Caribbean
RCL
$74.7B
| $5.01M | ﹤0.01% |
130,900
-63,600
| -33% | -$2.38M |
|
2699
ProShares Ultra Industrials
UXI
$29.8M
| $5.01M | ﹤0.01% |
719,340
+244,368
| +51% | +$1.61M |
|
|
SKX
2700
PUT
DELISTED
Skechers
SKX
| $5M | ﹤0.01% |
482,700
+380,700
| +373% | +$3.62M |
|
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.