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 | |
|---|---|---|---|---|---|---|
|
TGP
3026
CALL
DELISTED
Teekay LNG Partners L.P.
TGP
| $3.94M | ﹤0.01% |
89,300
+39,900
| +81% | +$1.71M |
|
|
LNCO
3027
CALL
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $3.93M | ﹤0.01% |
134,800
-96,700
| -42% | -$2.81M |
|
|
EWRS
3028
DELISTED
GUGGENHEIM RUSSELL 2000 EQUAL WEIGHT ETF
EWRS
| $3.93M | ﹤0.01% |
93,928
-553
| -0.6% | -$22.5K |
|
3029
Vera Bradley
VRA
$94.1M
| $3.93M | ﹤0.01% |
+191,029
| New | +$4.08M |
|
|
SCG
3030
DELISTED
Scana
SCG
| $3.92M | ﹤0.01% |
85,248
+43,083
| +102% | +$2.12M |
|
|
SEE
3031
PUT
DELISTED
Sealed Air
SEE
| $3.92M | ﹤0.01% |
144,300
+26,800
| +23% | +$759K |
|
3032
PUT
Vanda Pharmaceuticals
VNDA
$320M
| $3.92M | ﹤0.01% |
357,700
+180,600
| +102% | +$1.93M |
|
|
FIRE
3033
DELISTED
SOURCEFIRE INC COM STK
FIRE
| $3.92M | ﹤0.01% |
51,684
+25,413
| +97% | +$1.82M |
|
3034
PUT
Albemarle
ALB
$16.2B
| $3.92M | ﹤0.01% |
62,300
+39,400
| +172% | +$2.48M |
|
3035
PUT
Edison International
EIX
$27B
| $3.92M | ﹤0.01% |
85,100
+37,600
| +79% | +$1.78M |
|
|
ACI
3036
DELISTED
ARCH COAL, INC.
ACI
| $3.92M | ﹤0.01% |
95,338
+65,935
| +224% | +$2.86M |
|
3037
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $3.92M | ﹤0.01% |
+103,084
| New | +$3.94M |
|
|
TIBX
3038
DELISTED
TIBCO SOFTWARE INC
TIBX
| $3.92M | ﹤0.01% |
153,050
-167,112
| -52% | -$3.99M |
|
|
FLG
3039
Flagstar Bank National Association
FLG
$5.58B
| $3.92M | ﹤0.01% |
86,372
+61,157
| +243% | +$2.75M |
|
3040
PUT
iShares TIPS Bond ETF
TIP
$15B
| $3.91M | ﹤0.01% |
34,700
+23,400
| +207% | +$2.61M |
|
|
VRNG
3041
DELISTED
VRINGO, INC COM STK NEW (DE)
VRNG
| $3.9M | ﹤0.01% |
135,564
+42,689
| +46% | +$1.35M |
|
|
SNP
3042
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $3.9M | ﹤0.01% |
49,843
+43,483
| +684% | +$3.25M |
|
3043
PUT
NETGEAR
NTGR
$573M
| $3.9M | ﹤0.01% |
126,400
+75,400
| +148% | +$2.31M |
|
|
CB
3044
PUT
DELISTED
CHUBB CORPORATION
CB
| $3.9M | ﹤0.01% |
43,700
-28,900
| -40% | -$2.5M |
|
3045
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $3.9M | ﹤0.01% |
59,756
-1,188,819
| -95% | -$76.7M |
|
|
BEAM
3046
DELISTED
BEAM INC COM STK (DE)
BEAM
| $3.9M | ﹤0.01% |
60,252
+48,095
| +396% | +$3.09M |
|
3047
Sanmina
SANM
$10.4B
| $3.89M | ﹤0.01% |
222,616
+28,755
| +15% | +$471K |
|
3048
Worthington Enterprises
WOR
$2.8B
| $3.89M | ﹤0.01% |
183,260
-56,837
| -24% | -$1.22M |
|
3049
PUT
ProShares UltraPro Short S&P 500
SPXU
$387M
| $3.89M | ﹤0.01% |
117
-33
| -22% | -$1.13M |
|
3050
CALL
Popular Inc
BPOP
$10.8B
| $3.88M | ﹤0.01% |
148,100
+111,700
| +307% | +$3.52M |
|
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.