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 | |
|---|---|---|---|---|---|---|
|
BIG
2701
CALL
DELISTED
Big Lots, Inc.
BIG
| $5M | ﹤0.01% |
134,900
-210,200
| -61% | -$7.44M |
|
|
FCE.A
2702
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $5M | ﹤0.01% |
263,981
+13,338
| +5% | +$242K |
|
2703
PUT
PRA Group
PRAA
$721M
| $5M | ﹤0.01% |
83,400
+58,800
| +239% | +$3.15M |
|
|
SNTS
2704
PUT
DELISTED
SANTARUS INC
SNTS
| $5M | ﹤0.01% |
221,400
+153,200
| +225% | +$3.64M |
|
2705
CALL
ATI
ATI
$28.7B
| $5M | ﹤0.01% |
163,700
+53,300
| +48% | +$1.49M |
|
|
BRSL
2706
Brightstar Lottery PLC
BRSL
$2.11B
| $4.99M | ﹤0.01% |
263,540
+178,151
| +209% | +$3.39M |
|
2707
Reliance Steel & Aluminium
RS
$19.8B
| $4.98M | ﹤0.01% |
68,023
-2,312
| -3% | -$161K |
|
2708
PUT
Trinity Industries
TRN
$2.33B
| $4.98M | ﹤0.01% |
305,302
-113,065
| -27% | -$1.67M |
|
|
OCR
2709
PUT
DELISTED
OMNICARE INC
OCR
| $4.98M | ﹤0.01% |
89,700
+3,900
| +5% | +$208K |
|
2710
PUT
Essex Property Trust
ESS
$18.3B
| $4.98M | ﹤0.01% |
33,700
+3,500
| +12% | +$543K |
|
2711
PUT
Rockwell Automation
ROK
$47.8B
| $4.97M | ﹤0.01% |
46,500
-6,100
| -12% | -$596K |
|
2712
WisdomTree US Value Fund
WTV
$3.31B
| $4.97M | ﹤0.01% |
190,982
+24,402
| +15% | +$635K |
|
|
BSFT
2713
PUT
DELISTED
BroadSoft, Inc.
BSFT
| $4.96M | ﹤0.01% |
137,800
+10,800
| +9% | +$350K |
|
2714
PUT
Jabil
JBL
$31.6B
| $4.96M | ﹤0.01% |
228,900
+93,400
| +69% | +$2.13M |
|
2715
American Eagle Outfitters
AEO
$2.83B
| $4.96M | ﹤0.01% |
354,409
+45,768
| +15% | +$767K |
|
2716
Crown Castle
CCI
$32.4B
| $4.96M | ﹤0.01% |
67,887
-18,034
| -21% | -$1.29M |
|
|
TTM
2717
CALL
DELISTED
Tata Motors Limited
TTM
| $4.96M | ﹤0.01% |
186,200
-12,100
| -6% | -$297K |
|
|
PMT
2718
CALL
PennyMac Mortgage Investment
PMT
$814M
| $4.96M | ﹤0.01% |
218,500
+137,500
| +170% | +$3M |
|
|
PNK
2719
CALL
DELISTED
Pinnacle Entertainment Inc.
PNK
| $4.95M | ﹤0.01% |
197,400
+178,900
| +967% | +$4.01M |
|
|
VER
2720
PUT
DELISTED
VEREIT, Inc.
VER
| $4.94M | ﹤0.01% |
80,980
+54,400
| +205% | +$3.71M |
|
2721
Telephone and Data Systems
TDS
$3.87B
| $4.94M | ﹤0.01% |
167,102
+82,578
| +98% | +$2.27M |
|
2722
CALL
Broadcom
AVGO
$1.75T
| $4.93M | ﹤0.01% |
1,144,000
-2,361,000
| -67% | -$9.07M |
|
2723
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $4.93M | ﹤0.01% |
232,308
+175,484
| +309% | +$3.76M |
|
|
SN
2724
PUT
DELISTED
Sanchez Energy Corporation
SN
| $4.93M | ﹤0.01% |
186,600
+119,400
| +178% | +$2.83M |
|
|
COL
2725
CALL
DELISTED
Rockwell Collins
COL
| $4.93M | ﹤0.01% |
72,600
+38,300
| +112% | +$2.71M |
|
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.