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 | |
|---|---|---|---|---|---|---|
|
FISV
3076
CALL
Fiserv Inc
FISV
$28.3B
| $3.8M | ﹤0.01% |
150,400
+103,200
| +219% | +$2.5M |
|
|
KCG
3077
CALL
DELISTED
KCG Holdings, Inc.
KCG
| $3.8M | ﹤0.01% |
+438,000
| New | +$3.97M |
|
3078
National Fuel Gas
NFG
$7.89B
| $3.79M | ﹤0.01% |
+55,090
| New | +$3.58M |
|
3079
Jack in the Box
JACK
$311M
| $3.79M | ﹤0.01% |
94,682
-5,300
| -5% | -$213K |
|
|
HOLX
3080
PUT
DELISTED
Hologic
HOLX
| $3.79M | ﹤0.01% |
183,300
+45,300
| +33% | +$964K |
|
|
VNR
3081
DELISTED
Vanguard Natural Resources, LLC
VNR
| $3.79M | ﹤0.01% |
135,267
+27,180
| +25% | +$745K |
|
3082
Prologis
PLD
$134B
| $3.78M | ﹤0.01% |
100,567
-19,618
| -16% | -$740K |
|
3083
WisdomTree US MidCap Fund
EZM
$947M
| $3.78M | ﹤0.01% |
143,886
-138,720
| -49% | -$3.55M |
|
|
UKW
3084
DELISTED
PROSHARES ULTRA RUSSELL MIDCAP GROWTH
UKW
| $3.77M | ﹤0.01% |
45,716
+6,220
| +16% | +$488K |
|
3085
PUT
Canadian National Railway
CNI
$76.2B
| $3.77M | ﹤0.01% |
74,400
-14,800
| -17% | -$731K |
|
3086
PUT
Copart
CPRT
$30.5B
| $3.77M | ﹤0.01% |
948,800
-132,800
| -12% | -$541K |
|
3087
PUT
United Therapeutics
UTHR
$22.1B
| $3.77M | ﹤0.01% |
47,800
-39,400
| -45% | -$2.88M |
|
|
DNDN
3088
DELISTED
DENDREON CORPORATION
DNDN
| $3.76M | ﹤0.01% |
1,284,228
-124,919
| -9% | -$462K |
|
3089
ASML
ASML
$651B
| $3.75M | ﹤0.01% |
38,018
-6,169
| -14% | -$556K |
|
|
QRE
3090
CALL
DELISTED
QR ENERGY LP UNIT LTD PARTNERSHIP INT (DE)
QRE
| $3.75M | ﹤0.01% |
230,600
+95,500
| +71% | +$1.6M |
|
3091
CALL
Cullen/Frost Bankers
CFR
$10B
| $3.75M | ﹤0.01% |
53,200
+15,600
| +41% | +$1.11M |
|
|
INFI
3092
PUT
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $3.75M | ﹤0.01% |
215,100
-153,200
| -42% | -$2.93M |
|
|
PRE
3093
CALL
DELISTED
PARTNERRE LTD
PRE
| $3.75M | ﹤0.01% |
41,000
-14,500
| -26% | -$1.3M |
|
3094
PUT
ING
ING
$101B
| $3.75M | ﹤0.01% |
330,400
-55,500
| -14% | -$599K |
|
3095
CALL
iShares US Energy ETF
IYE
$1.83B
| $3.75M | ﹤0.01% |
79,600
-52,500
| -40% | -$2.46M |
|
3096
PUT
O-I Glass
OI
$1.14B
| $3.75M | ﹤0.01% |
124,900
-26,100
| -17% | -$775K |
|
3097
PUT
Bruker
BRKR
$8.7B
| $3.75M | ﹤0.01% |
181,400
+160,800
| +781% | +$3.07M |
|
3098
PUT
T. Rowe Price
TROW
$23.7B
| $3.74M | ﹤0.01% |
52,000
+7,000
| +16% | +$518K |
|
3099
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.82B
| $3.73M | ﹤0.01% |
101,580
-20,382
| -17% | -$740K |
|
|
TIVO
3100
DELISTED
TIVO INC
TIVO
| $3.73M | ﹤0.01% |
300,072
-39,053
| -12% | -$451K |
|
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.