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 | |
|---|---|---|---|---|---|---|
3226
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.88B
| $3.46M | ﹤0.01% |
78,516
+68,350
| +672% | +$2.92M |
|
|
STON
3227
PUT
DELISTED
StoneMor Inc.
STON
| $3.46M | ﹤0.01% |
146,200
+53,000
| +57% | +$1.3M |
|
3228
PUT
Marriott International
MAR
$91.5B
| $3.46M | ﹤0.01% |
82,200
-116,800
| -59% | -$4.85M |
|
3229
CALL
Vanguard Total World Stock ETF
VT
$81.2B
| $3.45M | ﹤0.01% |
62,100
+31,300
| +102% | +$1.7M |
|
3230
Intrepid Potash
IPI
$506M
| $3.45M | ﹤0.01% |
21,986
+15,977
| +266% | +$2.45M |
|
3231
PUT
AllianceBernstein
AB
$3.43B
| $3.44M | ﹤0.01% |
173,300
+54,400
| +46% | +$1.13M |
|
|
IPG
3232
CALL
DELISTED
Interpublic Group of Companies
IPG
| $3.44M | ﹤0.01% |
200,300
-62,400
| -24% | -$1.01M |
|
3233
United States Natural Gas Fund
UNG
$520M
| $3.44M | ﹤0.01% |
11,757
+4,424
| +60% | +$1.33M |
|
3234
CALL
Expeditors International
EXPD
$24.8B
| $3.44M | ﹤0.01% |
78,000
-127,500
| -62% | -$5.29M |
|
|
WIN
3235
PUT
DELISTED
Windstream Holdings Inc
WIN
| $3.43M | ﹤0.01% |
54,756
+2,655
| +5% | +$171K |
|
3236
CALL
Thor Industries
THO
$4.01B
| $3.43M | ﹤0.01% |
59,100
+10,000
| +20% | +$530K |
|
3237
Invesco DB US Dollar Index Bearish Fund
UDN
$101M
| $3.43M | ﹤0.01% |
126,708
+50,298
| +66% | +$1.33M |
|
|
HRC
3238
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $3.43M | ﹤0.01% |
95,666
-10,140
| -10% | -$359K |
|
|
DATA
3239
PUT
DELISTED
Tableau Software, Inc.
DATA
| $3.43M | ﹤0.01% |
48,100
+37,500
| +354% | +$2.41M |
|
3240
PUT
Noodles & Co
NDLS
$88.2M
| $3.42M | ﹤0.01% |
+9,988
| New | +$3.47M |
|
|
FLG
3241
PUT
Flagstar Bank National Association
FLG
$5.58B
| $3.42M | ﹤0.01% |
75,533
+11,833
| +19% | +$532K |
|
3242
CALL
Microchip Technology
MCHP
$39.6B
| $3.42M | ﹤0.01% |
169,600
-267,000
| -61% | -$5.29M |
|
3243
CALL
Altisource Portfolio Solutions
ASPS
$62.8M
| $3.42M | ﹤0.01% |
3,050
+800
| +36% | +$777K |
|
|
AGEM
3244
DELISTED
EGSHARES GEMS COMPOSITE ETF
AGEM
| $3.42M | ﹤0.01% |
153,310
+128,506
| +518% | +$2.77M |
|
3245
CALL
Madrigal Pharmaceuticals
MDGL
$12.3B
| $3.41M | ﹤0.01% |
15,457
-6,514
| -30% | -$1.39M |
|
3246
PUT
Textron
TXT
$14.3B
| $3.41M | ﹤0.01% |
123,600
+2,400
| +2% | +$66.9K |
|
3247
Gildan
GIL
$9.84B
| $3.41M | ﹤0.01% |
146,862
-11,566
| -7% | -$259K |
|
3248
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$132M
| $3.41M | ﹤0.01% |
142,536
-143,991
| -50% | -$3.3M |
|
|
BPL
3249
PUT
DELISTED
Buckeye Partners, L.P.
BPL
| $3.41M | ﹤0.01% |
52,000
+27,300
| +111% | +$1.89M |
|
3250
PUT
iShares Select U.S. REIT ETF
ICF
$2.08B
| $3.41M | ﹤0.01% |
+88,600
| New | +$3.51M |
|
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.