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 | |
|---|---|---|---|---|---|---|
3201
Core Laboratories
CLB
$567M
| $3.51M | ﹤0.01% |
20,731
+9,442
| +84% | +$1.47M |
|
3202
PUT
World Acceptance Corp
WRLD
$878M
| $3.51M | ﹤0.01% |
39,000
-7,700
| -16% | -$656K |
|
|
OAK
3203
PUT
DELISTED
OAKTREE CAPITAL GROUP, LLC
OAK
| $3.51M | ﹤0.01% |
67,000
+15,000
| +29% | +$798K |
|
3204
CALL
Lithia Motors
LAD
$8.14B
| $3.5M | ﹤0.01% |
48,000
+12,700
| +36% | +$830K |
|
3205
iShares Select U.S. REIT ETF
ICF
$2.08B
| $3.5M | ﹤0.01% |
91,048
-184,956
| -67% | -$7.33M |
|
|
AFSI
3206
PUT
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $3.5M | ﹤0.01% |
179,180
-29,600
| -14% | -$550K |
|
3207
CALL
America Movil
AMX
$69.4B
| $3.5M | ﹤0.01% |
176,600
-195,100
| -52% | -$4.02M |
|
|
SKX
3208
DELISTED
Skechers
SKX
| $3.5M | ﹤0.01% |
337,338
+30,738
| +10% | +$292K |
|
3209
Travel + Leisure Co
TNL
$4.36B
| $3.5M | ﹤0.01% |
127,079
+73,363
| +137% | +$2.01M |
|
3210
Perion Network
PERI
$382M
| $3.5M | ﹤0.01% |
+88,569
| New | +$3.19M |
|
3211
Schwab Emerging Markets Equity ETF
SCHE
$13B
| $3.49M | ﹤0.01% |
141,928
-15,159
| -10% | -$363K |
|
3212
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.6B
| $3.49M | ﹤0.01% |
125,538
+107,028
| +578% | +$2.89M |
|
3213
Strategic Education
STRA
$1.88B
| $3.49M | ﹤0.01% |
84,059
+23,352
| +38% | +$1.04M |
|
|
CSOD
3214
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $3.49M | ﹤0.01% |
67,833
+41,706
| +160% | +$2.06M |
|
3215
PUT
iShares Russell Mid-Cap Growth ETF
IWP
$20.2B
| $3.49M | ﹤0.01% |
89,200
+83,000
| +1,339% | +$3.16M |
|
3216
Idacorp
IDA
$7.85B
| $3.48M | ﹤0.01% |
71,938
+54,470
| +312% | +$2.71M |
|
|
DRWI
3217
DELISTED
DragonWave Inc
DRWI
| $3.48M | ﹤0.01% |
70,267
+69,645
| +11,197% | +$4.92M |
|
3218
CALL
Banco Bradesco
BBD
$34.4B
| $3.48M | ﹤0.01% |
639,037
+284,620
| +80% | +$1.4M |
|
|
AHD
3219
CALL
DELISTED
ATLAS ENERGY L P COM UNITS REPSTG LTD PARTNER INT (DE)
AHD
| $3.47M | ﹤0.01% |
63,600
+48,500
| +321% | +$2.65M |
|
3220
CALL
Reliance Steel & Aluminium
RS
$19.8B
| $3.47M | ﹤0.01% |
47,400
+26,500
| +127% | +$1.85M |
|
|
DXPS
3221
DELISTED
WisdomTree United Kingdom Hedged Equity Fund
DXPS
| $3.47M | ﹤0.01% |
+134,229
| New | +$3.57M |
|
|
WCC
3222
WESCO International
WCC
$16.4B
| $3.47M | ﹤0.01% |
45,326
-11,651
| -20% | -$864K |
|
3223
CALL
Jack Henry & Associates
JKHY
$12.1B
| $3.47M | ﹤0.01% |
+67,200
| New | +$3.35M |
|
|
CHU
3224
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $3.47M | ﹤0.01% |
224,914
+117,674
| +110% | +$1.76M |
|
|
ANR
3225
CALL
DELISTED
Alpha Natural Resources Inc
ANR
| $3.46M | ﹤0.01% |
580,900
+76,400
| +15% | +$448K |
|
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.