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 | |
|---|---|---|---|---|---|---|
2776
ProShares Ultra Real Estate
URE
$56M
| $4.77M | ﹤0.01% |
138,458
+127,964
| +1,219% | +$4.59M |
|
2777
CALL
Ecolab
ECL
$80.4B
| $4.76M | ﹤0.01% |
48,200
-3,100
| -6% | -$288K |
|
2778
iShares Core 10+ Year USD Bond ETF
ILTB
$595M
| $4.76M | ﹤0.01% |
85,136
+43,192
| +103% | +$2.4M |
|
2779
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$687B
| $4.75M | ﹤0.01% |
54,000
-5,800
| -10% | -$504K |
|
2780
ProShares Trust Short MSCI Emerging Markets
EUM
$8.11M
| $4.75M | ﹤0.01% |
86,304
-40,356
| -32% | -$2.31M |
|
|
AMED
2781
CALL
DELISTED
Amedisys
AMED
| $4.75M | ﹤0.01% |
275,600
+13,200
| +5% | +$196K |
|
|
DMND
2782
PUT
DELISTED
DIAMOND FOODS, INC.
DMND
| $4.74M | ﹤0.01% |
201,200
-78,500
| -28% | -$1.69M |
|
2783
State Street SPDR S&P China ETF
GXC
$474M
| $4.74M | ﹤0.01% |
64,032
-105,264
| -62% | -$7.36M |
|
2784
PUT
J.M. Smucker
SJM
$14.1B
| $4.73M | ﹤0.01% |
45,000
-6,100
| -12% | -$661K |
|
2785
Donaldson
DCI
$10.7B
| $4.72M | ﹤0.01% |
123,893
-21,407
| -15% | -$792K |
|
|
MNTA
2786
CALL
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $4.72M | ﹤0.01% |
328,000
+42,900
| +15% | +$657K |
|
|
SEP
2787
CALL
DELISTED
Spectra Engy Parters Lp
SEP
| $4.72M | ﹤0.01% |
+107,500
| New | +$4.68M |
|
|
CST
2788
CALL
DELISTED
CST Brands, Inc.
CST
| $4.72M | ﹤0.01% |
158,300
+46,800
| +42% | +$1.47M |
|
2789
iShares MSCI South Africa ETF
EZA
$587M
| $4.72M | ﹤0.01% |
74,577
+39,309
| +111% | +$2.38M |
|
|
SHOS
2790
CALL
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
| $4.71M | ﹤0.01% |
148,500
-66,900
| -31% | -$2.57M |
|
2791
PUT
Centene
CNC
$32B
| $4.71M | ﹤0.01% |
294,800
+3,200
| +1% | +$46.1K |
|
2792
Invesco DB Oil Fund
DBO
$258M
| $4.71M | ﹤0.01% |
171,675
+136,684
| +391% | +$3.75M |
|
|
RSH
2793
PUT
DELISTED
RADIOSHACK CORP
RSH
| $4.71M | ﹤0.01% |
1,380,900
+785,000
| +132% | +$2.51M |
|
2794
CALL
Rockwell Automation
ROK
$47.8B
| $4.71M | ﹤0.01% |
44,000
+19,900
| +83% | +$1.94M |
|
|
CVA
2795
CALL
DELISTED
Covanta Holding Corporation
CVA
| $4.7M | ﹤0.01% |
219,600
+76,400
| +53% | +$1.6M |
|
2796
FirstEnergy
FE
$26.5B
| $4.69M | ﹤0.01% |
128,751
-106,324
| -45% | -$3.99M |
|
2797
CALL
abrdn Physical Gold Shares ETF
SGOL
$7.45B
| $4.69M | ﹤0.01% |
359,000
+230,000
| +178% | +$3.01M |
|
2798
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.04B
| $4.69M | ﹤0.01% |
131,600
-53,000
| -29% | -$1.91M |
|
2799
Equity Lifestyle Properties
ELS
$12.4B
| $4.69M | ﹤0.01% |
274,436
+6,652
| +2% | +$124K |
|
|
IMMU
2800
PUT
DELISTED
Immunomedics Inc
IMMU
| $4.69M | ﹤0.01% |
757,400
-48,400
| -6% | -$279K |
|
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.