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 | |
|---|---|---|---|---|---|---|
2726
PUT
Cracker Barrel
CBRL
$1.24B
| $4.92M | ﹤0.01% |
47,700
+8,700
| +22% | +$872K |
|
2727
Healthpeak Properties
DOC
$14.5B
| $4.92M | ﹤0.01% |
131,938
-391,874
| -75% | -$15.3M |
|
|
PPL
2728
PUT
PPL Corp
PPL
$25.7B
| $4.92M | ﹤0.01% |
173,824
-21,903
| -11% | -$628K |
|
|
RST
2729
PUT
DELISTED
ROSETTA STONE INC
RST
| $4.92M | ﹤0.01% |
303,100
+223,300
| +280% | +$3.57M |
|
2730
Public Storage
PSA
$58.5B
| $4.92M | ﹤0.01% |
30,611
+5,376
| +21% | +$852K |
|
|
JAH
2731
CALL
DELISTED
JARDEN CORPORATION
JAH
| $4.91M | ﹤0.01% |
152,250
-6,675
| -4% | -$206K |
|
|
SLCA
2732
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $4.91M | ﹤0.01% |
197,200
+5,500
| +3% | +$128K |
|
2733
Conagra Brands
CAG
$7.72B
| $4.91M | ﹤0.01% |
207,940
+125,692
| +153% | +$3.39M |
|
2734
Chord Energy
CHRD
$7.99B
| $4.91M | ﹤0.01% |
99,857
-159,889
| -62% | -$6.72M |
|
2735
CALL
Pan American Silver
PAAS
$21.9B
| $4.9M | ﹤0.01% |
464,300
+16,700
| +4% | +$203K |
|
2736
CALL
Vanguard Dividend Appreciation ETF
VIG
$113B
| $4.89M | ﹤0.01% |
70,300
-37,600
| -35% | -$2.6M |
|
2737
Kimberly-Clark
KMB
$36.4B
| $4.89M | ﹤0.01% |
54,155
-272,578
| -83% | -$25.3M |
|
|
IMPV
2738
PUT
DELISTED
Imperva, Inc.
IMPV
| $4.89M | ﹤0.01% |
116,400
+105,500
| +968% | +$5.02M |
|
2739
CALL
Huntington Bancshares
HBAN
$34.2B
| $4.89M | ﹤0.01% |
591,500
+229,000
| +63% | +$1.93M |
|
|
RDS.B
2740
PUT
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $4.88M | ﹤0.01% |
70,900
-25,500
| -26% | -$1.74M |
|
2741
Cimpress
CMPR
$2.17B
| $4.88M | ﹤0.01% |
86,343
+70,165
| +434% | +$3.73M |
|
|
NOAH
2742
PUT
Noah Holdings
NOAH
$589M
| $4.88M | ﹤0.01% |
286,000
+227,500
| +389% | +$3.18M |
|
2743
PUT
iShares MSCI Italy ETF
EWI
$1.12B
| $4.87M | ﹤0.01% |
172,450
-310,250
| -64% | -$8.23M |
|
|
CIT
2744
DELISTED
CIT Group Inc.
CIT
| $4.87M | ﹤0.01% |
99,753
-153,070
| -61% | -$7.52M |
|
2745
CALL
Ares Capital
ARCC
$14.3B
| $4.86M | ﹤0.01% |
281,100
+206,700
| +278% | +$3.62M |
|
2746
PUT
Invesco
IVZ
$14.5B
| $4.86M | ﹤0.01% |
152,200
-100
| -0.1% | -$3.19K |
|
|
BID
2747
DELISTED
Sotheby's
BID
| $4.85M | ﹤0.01% |
98,802
+55,039
| +126% | +$2.45M |
|
|
GRMN
2748
Garmin
GRMN
$55B
| $4.85M | ﹤0.01% |
107,397
-49,102
| -31% | -$1.95M |
|
2749
Lincoln Electric
LECO
$15.5B
| $4.85M | ﹤0.01% |
72,856
+63,631
| +690% | +$3.99M |
|
|
BBL
2750
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $4.85M | ﹤0.01% |
82,428
+19,657
| +31% | +$1.14M |
|
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.