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 | |
|---|---|---|---|---|---|---|
|
LFC
3001
DELISTED
China Life Insurance Company Ltd.
LFC
| $4.01M | ﹤0.01% |
309,705
+55,359
| +22% | +$693K |
|
3002
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24B
| $4.01M | ﹤0.01% |
35,000
+24,000
| +218% | +$2.65M |
|
|
FAZ
3003
Direxion Daily Financial Bear 3x ETF
FAZ
$88.2M
| $4M | ﹤0.01% |
84
-87
| -51% | -$4.14M |
|
|
JKS
3004
PUT
JinkoSolar
JKS
$709M
| $4M | ﹤0.01% |
177,300
+83,400
| +89% | +$1.24M |
|
3005
PUT
Flowserve
FLS
$10.2B
| $3.99M | ﹤0.01% |
63,900
-145,200
| -69% | -$8.4M |
|
3006
CALL
Crocs
CROX
$5.86B
| $3.98M | ﹤0.01% |
292,700
+11,300
| +4% | +$164K |
|
3007
AAR Corp
AIR
$5.36B
| $3.98M | ﹤0.01% |
145,717
+25,827
| +22% | +$660K |
|
3008
McKesson
MCK
$104B
| $3.98M | ﹤0.01% |
31,046
-83,868
| -73% | -$10.3M |
|
|
TEG
3009
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $3.98M | ﹤0.01% |
71,219
+56,419
| +381% | +$3.31M |
|
|
KOG
3010
PUT
DELISTED
KODIAK OIL & GAS CORP
KOG
| $3.98M | ﹤0.01% |
329,600
+28,000
| +9% | +$281K |
|
3011
CALL
Unilever
UL
$140B
| $3.97M | ﹤0.01% |
91,467
+4,089
| +5% | +$186K |
|
|
CTB
3012
CALL
DELISTED
Cooper Tire & Rubber Co.
CTB
| $3.97M | ﹤0.01% |
128,900
+25,300
| +24% | +$824K |
|
3013
PUT
National Fuel Gas
NFG
$7.89B
| $3.97M | ﹤0.01% |
57,700
-30,700
| -35% | -$2M |
|
|
MDSO
3014
CALL
DELISTED
Medidata Solutions, Inc.
MDSO
| $3.97M | ﹤0.01% |
80,200
+41,400
| +107% | +$1.83M |
|
|
PTR
3015
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $3.97M | ﹤0.01% |
36,071
-34,702
| -49% | -$3.97M |
|
3016
State Street SPDR S&P Dividend ETF
SDY
$22B
| $3.96M | ﹤0.01% |
57,479
-134,041
| -70% | -$9.25M |
|
3017
CALL
Essex Property Trust
ESS
$18.3B
| $3.96M | ﹤0.01% |
26,800
-24,600
| -48% | -$3.82M |
|
3018
NNN REIT
NNN
$8.77B
| $3.96M | ﹤0.01% |
124,312
+10
| +0% | +$333 |
|
|
FCS
3019
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $3.96M | ﹤0.01% |
284,734
-9,431
| -3% | -$124K |
|
3020
PUT
Archrock
AROC
$5.48B
| $3.95M | ﹤0.01% |
143,400
+125,900
| +719% | +$3.69M |
|
3021
Paychex
PAYX
$45.2B
| $3.95M | ﹤0.01% |
97,222
+35,097
| +56% | +$1.39M |
|
3022
CALL
Community Health Systems
CYH
$413M
| $3.95M | ﹤0.01% |
115,071
+3,388
| +3% | +$120K |
|
|
DNR
3023
PUT
DELISTED
Denbury Resources, Inc.
DNR
| $3.95M | ﹤0.01% |
214,400
-294,000
| -58% | -$5.18M |
|
3024
Nokia
NOK
$57.2B
| $3.94M | ﹤0.01% |
605,899
-9,113,710
| -94% | -$43M |
|
3025
PUT
iShares Russell 3000 ETF
IWV
$20.3B
| $3.94M | ﹤0.01% |
39,000
-25,700
| -40% | -$2.58M |
|
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.