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 | |
|---|---|---|---|---|---|---|
3151
First Trust Emerging Markets AlphaDEX Fund
FEM
$810M
| $3.62M | ﹤0.01% |
149,002
-22,247
| -13% | -$530K |
|
3152
Thermo Fisher Scientific
TMO
$230B
| $3.62M | ﹤0.01% |
39,293
+20,056
| +104% | +$1.81M |
|
|
TOO
3153
CALL
DELISTED
Teekay Offshore Partners L.P.
TOO
| $3.62M | ﹤0.01% |
108,500
-4,100
| -4% | -$134K |
|
|
PLCM
3154
CALL
DELISTED
POLYCOM INC
PLCM
| $3.62M | ﹤0.01% |
331,500
+219,800
| +197% | +$2.29M |
|
3155
PUT
Copa Holdings
CPA
$5.29B
| $3.62M | ﹤0.01% |
26,100
-4,200
| -14% | -$576K |
|
3156
CALL
Vanguard FTSE Europe ETF
VGK
$30.9B
| $3.62M | ﹤0.01% |
66,400
+29,600
| +80% | +$1.55M |
|
|
KRU
3157
DELISTED
ProShares Ultra S&P Regional Banking of Proshares Trust
KRU
| $3.62M | ﹤0.01% |
101,184
+72,778
| +256% | +$2.64M |
|
|
MHR
3158
CALL
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $3.62M | ﹤0.01% |
586,200
-168,300
| -22% | -$763K |
|
3159
State Street SPDR S&P International Small Cap ETF
GWX
$936M
| $3.61M | ﹤0.01% |
110,443
-245,388
| -69% | -$7.65M |
|
3160
America Movil
AMX
$69.4B
| $3.61M | ﹤0.01% |
182,243
+124,696
| +217% | +$2.57M |
|
|
XCO
3161
DELISTED
Exco Resources
XCO
| $3.61M | ﹤0.01% |
36,104
+25,014
| +226% | +$2.88M |
|
3162
PUT
SM Energy
SM
$8.71B
| $3.6M | ﹤0.01% |
46,700
-7,400
| -14% | -$512K |
|
3163
PUT
PG&E
PCG
$36.6B
| $3.6M | ﹤0.01% |
88,000
+55,700
| +172% | +$2.42M |
|
3164
CALL
iShares MSCI Pacific ex Japan ETF
EPP
$2.32B
| $3.6M | ﹤0.01% |
75,500
+9,600
| +15% | +$437K |
|
3165
Franklin Templeton
BEN
$17.6B
| $3.6M | ﹤0.01% |
71,144
-305,692
| -81% | -$14.8M |
|
|
CYOU
3166
CALL
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $3.6M | ﹤0.01% |
101,200
+75,200
| +289% | +$2.42M |
|
3167
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$6.96B
| $3.59M | ﹤0.01% |
299,200
-223,600
| -43% | -$2.64M |
|
3168
Yum! Brands
YUM
$42B
| $3.59M | ﹤0.01% |
70,019
-567,809
| -89% | -$29.4M |
|
3169
Vanguard Morningstar Mega Cap ETF
MGC
$10.3B
| $3.59M | ﹤0.01% |
62,469
+35,010
| +127% | +$2.01M |
|
|
TEF
3170
PUT
DELISTED
Telefonica
TEF
| $3.58M | ﹤0.01% |
315,626
-74,819
| -19% | -$773K |
|
3171
PUT
iShares MSCI Spain ETF
EWP
$2.24B
| $3.58M | ﹤0.01% |
103,100
-142,700
| -58% | -$4.49M |
|
3172
LiveRamp
RAMP
$2.29B
| $3.58M | ﹤0.01% |
126,118
-6,338
| -5% | -$163K |
|
3173
CALL
TechnipFMC
FTI
$29.7B
| $3.58M | ﹤0.01% |
86,822
+27,820
| +47% | +$1.14M |
|
3174
Woodward
WWD
$20.2B
| $3.58M | ﹤0.01% |
87,646
+70,502
| +411% | +$2.89M |
|
|
ASB.WS
3175
DELISTED
Associated Banc-Corp Warrants
ASB.WS
| $3.58M | ﹤0.01% |
2,043,908
| – | – |
|
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.