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 | |
|---|---|---|---|---|---|---|
|
TAO
2901
DELISTED
Invesco China Real Estate ETF
TAO
| $4.32M | ﹤0.01% |
+200,254
| New | +$4.24M |
|
|
DANG
2902
CALL
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $4.32M | ﹤0.01% |
412,200
+188,000
| +84% | +$1.66M |
|
2903
Enovis
ENOV
$1.44B
| $4.32M | ﹤0.01% |
44,416
+41,650
| +1,506% | +$3.84M |
|
2904
PUT
SL Green Realty
SLG
$4.08B
| $4.32M | ﹤0.01% |
50,205
+3,719
| +8% | +$324K |
|
2905
PUT
iShares North American Natural Resources ETF
IGE
$770M
| $4.31M | ﹤0.01% |
+104,100
| New | +$4.25M |
|
2906
CALL
Brookdale Senior Living
BKD
$2.8B
| $4.31M | ﹤0.01% |
164,000
-47,200
| -22% | -$1.29M |
|
2907
CALL
Stanley Black & Decker
SWK
$14.8B
| $4.31M | ﹤0.01% |
47,600
-78,400
| -62% | -$6.72M |
|
|
EXPR
2908
PUT
DELISTED
Express, Inc.
EXPR
| $4.31M | ﹤0.01% |
9,135
+1,720
| +23% | +$759K |
|
|
BIG
2909
PUT
DELISTED
Big Lots, Inc.
BIG
| $4.31M | ﹤0.01% |
116,100
-84,100
| -42% | -$2.98M |
|
|
AVNR
2910
DELISTED
AVANIR PHARMACEUTICALS, INC CL A
AVNR
| $4.3M | ﹤0.01% |
1,013,652
+478,568
| +89% | +$2.27M |
|
|
AOL
2911
DELISTED
AOL INC COMMON STOCK
AOL
| $4.29M | ﹤0.01% |
124,152
+67,483
| +119% | +$2.4M |
|
|
TXI
2912
CALL
DELISTED
TEXAS INDUSTRIES INC
TXI
| $4.29M | ﹤0.01% |
64,700
+11,700
| +22% | +$736K |
|
2913
CALL
ING
ING
$101B
| $4.29M | ﹤0.01% |
377,800
+50,000
| +15% | +$539K |
|
2914
PUT
SLM Corp
SLM
$4.97B
| $4.29M | ﹤0.01% |
481,536
-562,678
| -54% | -$4.91M |
|
|
BCR
2915
PUT
DELISTED
CR Bard Inc.
BCR
| $4.29M | ﹤0.01% |
37,200
-10,100
| -21% | -$1.16M |
|
2916
Acuity Brands
AYI
$10B
| $4.28M | ﹤0.01% |
46,522
-18,655
| -29% | -$1.63M |
|
2917
Kimco Realty
KIM
$16B
| $4.28M | ﹤0.01% |
211,997
-64,199
| -23% | -$1.37M |
|
2918
CALL
Kulicke & Soffa
KLIC
$4.24B
| $4.28M | ﹤0.01% |
370,500
+22,700
| +7% | +$258K |
|
2919
CALL
Designer Brands
DBI
$279M
| $4.28M | ﹤0.01% |
100,200
+61,200
| +157% | +$2.47M |
|
|
EQC
2920
CALL
DELISTED
Equity Commonwealth
EQC
| $4.27M | ﹤0.01% |
195,000
+51,200
| +36% | +$1.22M |
|
|
CONN
2921
DELISTED
Conn's Inc.
CONN
| $4.27M | ﹤0.01% |
85,367
-64,543
| -43% | -$3.82M |
|
2922
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.96B
| $4.27M | ﹤0.01% |
355,468
-21,732
| -6% | -$257K |
|
2923
PUT
Innoviva
INVA
$1.51B
| $4.26M | ﹤0.01% |
129,436
+56,589
| +78% | +$1.76M |
|
|
IMOS
2924
ChipMOS TECHNOLOGIES
IMOS
$1.93B
| $4.26M | ﹤0.01% |
214,895
+146,580
| +215% | +$2.77M |
|
|
QLIK
2925
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $4.25M | ﹤0.01% |
124,199
+48,872
| +65% | +$1.6M |
|
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.