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 | |
|---|---|---|---|---|---|---|
2826
CALL
NewMarket
NEU
$8.41B
| $4.61M | ﹤0.01% |
16,000
-6,100
| -28% | -$1.69M |
|
2827
Rockwell Medical
RMTI
$32.9M
| $4.59M | ﹤0.01% |
3,659
+1,733
| +90% | +$1.18M |
|
|
ESI
2828
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $4.59M | ﹤0.01% |
148,081
+73,156
| +98% | +$2.06M |
|
|
CFN
2829
DELISTED
CAREFUSION CORPORATION
CFN
| $4.58M | ﹤0.01% |
124,177
-7,458
| -6% | -$278K |
|
2830
CALL
Oshkosh
OSK
$9.51B
| $4.58M | ﹤0.01% |
93,500
-51,000
| -35% | -$2.27M |
|
2831
CALL
Ameriprise Financial
AMP
$49.4B
| $4.57M | ﹤0.01% |
50,200
+14,300
| +40% | +$1.26M |
|
2832
PUT
iShares Gold Trust
IAU
$66.1B
| $4.57M | ﹤0.01% |
177,100
+67,400
| +61% | +$1.74M |
|
2833
Liberty Global Class C
LBTYK
$3.56B
| $4.57M | ﹤0.01% |
149,637
-63,921
| -30% | -$1.92M |
|
|
CSC
2834
DELISTED
Computer Sciences
CSC
| $4.57M | ﹤0.01% |
209,386
+110,935
| +113% | +$2.33M |
|
|
CVA
2835
DELISTED
Covanta Holding Corporation
CVA
| $4.57M | ﹤0.01% |
213,521
+10,709
| +5% | +$225K |
|
|
FNSR
2836
CALL
DELISTED
Finisar Corp
FNSR
| $4.57M | ﹤0.01% |
201,700
-37,000
| -16% | -$762K |
|
2837
PUT
Kroger
KR
$35.4B
| $4.56M | ﹤0.01% |
226,200
-36,000
| -14% | -$692K |
|
|
GAS
2838
DELISTED
AGL Resources Inc
GAS
| $4.56M | ﹤0.01% |
99,025
+82,625
| +504% | +$3.72M |
|
|
VER
2839
DELISTED
VEREIT, Inc.
VER
| $4.55M | ﹤0.01% |
74,590
+53,651
| +256% | +$3.65M |
|
2840
PUT
Veeco
VECO
$2.71B
| $4.55M | ﹤0.01% |
122,200
-16,300
| -12% | -$570K |
|
|
SCHW
2841
Charles Schwab
SCHW
$191B
| $4.54M | ﹤0.01% |
214,928
+85,881
| +67% | +$1.87M |
|
2842
WisdomTree US SmallCap Earnings Fund
EES
$720M
| $4.54M | ﹤0.01% |
184,194
-90,792
| -33% | -$2.17M |
|
2843
iShares S&P Small-Cap 600 Value ETF
IJS
$8.28B
| $4.54M | ﹤0.01% |
88,876
-57,742
| -39% | -$2.87M |
|
2844
CSX Corp
CSX
$95B
| $4.54M | ﹤0.01% |
529,032
-1,215,813
| -70% | -$10.2M |
|
|
ESI
2845
PUT
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $4.54M | ﹤0.01% |
146,400
+33,900
| +30% | +$956K |
|
2846
PUT
Middleby
MIDD
$5.1B
| $4.53M | ﹤0.01% |
65,100
-123,300
| -65% | -$7.92M |
|
|
DBD
2847
PUT
DELISTED
Diebold Nixdorf Incorporated
DBD
| $4.53M | ﹤0.01% |
154,300
+61,700
| +67% | +$1.93M |
|
2848
PUT
HDFC Bank
HDB
$119B
| $4.53M | ﹤0.01% |
588,400
+503,200
| +591% | +$4.14M |
|
2849
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $4.53M | ﹤0.01% |
141,372
-136,199
| -49% | -$4.42M |
|
|
VCI
2850
DELISTED
VALASSIS COMMUNICATIONS INC
VCI
| $4.53M | ﹤0.01% |
156,681
-47,978
| -23% | -$1.35M |
|
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.