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 | |
|---|---|---|---|---|---|---|
3101
CALL
iShares MSCI Canada ETF
EWC
$6.85B
| $3.73M | ﹤0.01% |
131,600
+53,900
| +69% | +$1.49M |
|
3102
CALL
Olin
OLN
$1.95B
| $3.72M | ﹤0.01% |
161,400
+72,500
| +82% | +$1.72M |
|
|
GWR
3103
CALL
DELISTED
Genesee & Wyoming Inc.
GWR
| $3.72M | ﹤0.01% |
40,000
+23,400
| +141% | +$2.11M |
|
3104
CALL
Vanguard FTSE Developed Markets ETF
VEA
$238B
| $3.72M | ﹤0.01% |
93,900
+68,000
| +263% | +$2.59M |
|
3105
Invesco DB Agriculture Fund
DBA
$1.26B
| $3.71M | ﹤0.01% |
146,836
-292,823
| -67% | -$7.33M |
|
3106
VanEck Agribusiness ETF
MOO
$1.02B
| $3.71M | ﹤0.01% |
72,290
-103,580
| -59% | -$5.3M |
|
|
TWO
3107
PUT
DELISTED
Two Harbors Investment
TWO
| $3.71M | ﹤0.01% |
47,775
+5,975
| +14% | +$469K |
|
3108
Royal Caribbean
RCL
$74.7B
| $3.71M | ﹤0.01% |
96,860
+9,639
| +11% | +$361K |
|
3109
PUT
Voya Financial
VOYA
$9.29B
| $3.71M | ﹤0.01% |
126,900
+76,300
| +151% | +$2.28M |
|
3110
CALL
Eldorado Gold
EGO
$11.9B
| $3.71M | ﹤0.01% |
110,460
-40,320
| -27% | -$1.53M |
|
3111
CALL
Avnet
AVT
$7.27B
| $3.7M | ﹤0.01% |
88,800
+30,100
| +51% | +$1.16M |
|
3112
CALL
PG&E
PCG
$36.6B
| $3.7M | ﹤0.01% |
90,500
+71,600
| +379% | +$3.11M |
|
|
TIVO
3113
PUT
DELISTED
TIVO INC
TIVO
| $3.7M | ﹤0.01% |
297,400
-672,100
| -69% | -$7.76M |
|
|
ARO
3114
DELISTED
Aeropostale Inc
ARO
| $3.7M | ﹤0.01% |
393,382
+365,030
| +1,287% | +$4.34M |
|
|
SVU
3115
DELISTED
SUPERVALU Inc.
SVU
| $3.7M | ﹤0.01% |
64,164
-37,030
| -37% | -$1.95M |
|
3116
Labcorp
LH
$27.2B
| $3.69M | ﹤0.01% |
43,386
+23,830
| +122% | +$2.01M |
|
|
NGD
3117
DELISTED
New Gold Inc
NGD
| $3.69M | ﹤0.01% |
617,751
-694,596
| -53% | -$4.73M |
|
3118
Plains All American Pipeline
PAA
$18B
| $3.68M | ﹤0.01% |
69,966
-12,338
| -15% | -$659K |
|
|
BTU
3119
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $3.68M | ﹤0.01% |
14,234
-78,955
| -85% | -$20.2M |
|
|
CST
3120
PUT
DELISTED
CST Brands, Inc.
CST
| $3.68M | ﹤0.01% |
123,500
+72,000
| +140% | +$2.26M |
|
3121
Equinor
EQNR
$98.2B
| $3.68M | ﹤0.01% |
162,278
-78,917
| -33% | -$1.73M |
|
|
CHS
3122
CALL
DELISTED
Chicos FAS, Inc.
CHS
| $3.68M | ﹤0.01% |
220,800
-585,600
| -73% | -$9.65M |
|
|
WMC
3123
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.68M | ﹤0.01% |
23,006
-7,294
| -24% | -$1.18M |
|
|
TGP
3124
PUT
DELISTED
Teekay LNG Partners L.P.
TGP
| $3.68M | ﹤0.01% |
83,400
+19,700
| +31% | +$846K |
|
|
INFN
3125
DELISTED
Infinera Corporation Common Stock
INFN
| $3.68M | ﹤0.01% |
325,193
+84,569
| +35% | +$926K |
|
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.