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 | |
|---|---|---|---|---|---|---|
2951
CALL
AllianceBernstein
AB
$3.43B
| $4.19M | ﹤0.01% |
211,000
+136,500
| +183% | +$2.82M |
|
2952
CALL
Federal Realty Investment Trust
FRT
$10.1B
| $4.19M | ﹤0.01% |
41,300
+29,000
| +236% | +$2.97M |
|
|
BPT
2953
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $4.18M | ﹤0.01% |
48,265
-12,265
| -20% | -$1.08M |
|
2954
Ecopetrol
EC
$33.9B
| $4.18M | ﹤0.01% |
+90,953
| New | +$4.12M |
|
|
ASTX
2955
DELISTED
ASTEX PHARMACEUTICALS, INC COM
ASTX
| $4.18M | ﹤0.01% |
493,438
+68,541
| +16% | +$434K |
|
2956
PUT
iShares US Oil & Gas Exploration & Production ETF
IEO
$613M
| $4.17M | ﹤0.01% |
53,600
+38,200
| +248% | +$2.9M |
|
|
CMA
2957
PUT
DELISTED
Comerica
CMA
| $4.17M | ﹤0.01% |
106,100
-58,000
| -35% | -$2.41M |
|
2958
PUT
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $4.15M | ﹤0.01% |
+109,300
| New | +$4.18M |
|
2959
American Vanguard Corp
AVD
$64.6M
| $4.15M | ﹤0.01% |
154,161
+45,274
| +42% | +$1.15M |
|
2960
CALL
iShares Latin America 40 ETF
ILF
$3.72B
| $4.15M | ﹤0.01% |
108,400
+33,900
| +46% | +$1.25M |
|
2961
CALL
Xerox
XRX
$402M
| $4.14M | ﹤0.01% |
152,825
-253,620
| -62% | -$6.66M |
|
|
AWAY
2962
DELISTED
HOMEAWAY INC COM
AWAY
| $4.14M | ﹤0.01% |
+147,926
| New | +$4.59M |
|
|
NES
2963
DELISTED
NUVERRA ENVIRONMENTAL INC NEW COM STK (DE)
NES
| $4.14M | ﹤0.01% |
180,830
+75,821
| +72% | +$2.14M |
|
|
HOLX
2964
CALL
DELISTED
Hologic
HOLX
| $4.14M | ﹤0.01% |
200,500
-87,100
| -30% | -$1.85M |
|
2965
PUT
Factset
FDS
$11B
| $4.13M | ﹤0.01% |
37,900
-100,500
| -73% | -$10.9M |
|
|
THOR
2966
PUT
DELISTED
THORATEC CORPORATION
THOR
| $4.13M | ﹤0.01% |
110,900
+43,600
| +65% | +$1.52M |
|
2967
CALL
Kimco Realty
KIM
$16B
| $4.13M | ﹤0.01% |
+204,500
| New | +$4.36M |
|
2968
iShares US Transportation ETF
IYT
$2.26B
| $4.13M | ﹤0.01% |
140,252
-68,200
| -33% | -$1.97M |
|
2969
CALL
Omega Healthcare
OHI
$13.9B
| $4.12M | ﹤0.01% |
138,000
+28,100
| +26% | +$855K |
|
2970
Invesco S&P International Developed Low Volatility ETF
IDLV
$345M
| $4.11M | ﹤0.01% |
134,757
-596,922
| -82% | -$17.9M |
|
2971
Essential Utilities
WTRG
$11.7B
| $4.11M | ﹤0.01% |
166,317
+131,624
| +379% | +$3.36M |
|
2972
MBIA
MBI
$244M
| $4.11M | ﹤0.01% |
401,735
-1,014,161
| -72% | -$12.8M |
|
2973
PUT
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.14B
| $4.11M | ﹤0.01% |
79,500
+42,200
| +113% | +$2.12M |
|
2974
PUT
Nordic American Tanker
NAT
$1.43B
| $4.11M | ﹤0.01% |
509,625
+26,882
| +6% | +$224K |
|
|
CAA
2975
CALL
DELISTED
CalAtlantic Group, Inc.
CAA
| $4.11M | ﹤0.01% |
103,840
-29,080
| -22% | -$1.15M |
|
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.