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 | |
|---|---|---|---|---|---|---|
3276
Marriott International
MAR
$91.5B
| $3.35M | ﹤0.01% |
79,639
+25,088
| +46% | +$1.04M |
|
3277
PUT
Children's Place
PLCE
$54.9M
| $3.35M | ﹤0.01% |
57,900
-30,100
| -34% | -$1.65M |
|
3278
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$150M
| $3.35M | ﹤0.01% |
+134,803
| New | +$3.36M |
|
|
AXJL
3279
DELISTED
WisdomTree Asia-Pacific ex-Japan Fund
AXJL
| $3.34M | ﹤0.01% |
50,401
+29,709
| +144% | +$1.94M |
|
3280
PUT
Ameren
AEE
$29.4B
| $3.34M | ﹤0.01% |
95,900
-30,900
| -24% | -$1.07M |
|
3281
CALL
Carlyle Group
CG
$17.5B
| $3.34M | ﹤0.01% |
129,900
+70,100
| +117% | +$1.86M |
|
3282
CALL
ANI Pharmaceuticals
ANIP
$1.67B
| $3.34M | ﹤0.01% |
341,700
+281,000
| +463% | +$2.02M |
|
3283
PUT
SFL Corp
SFL
$1.72B
| $3.33M | ﹤0.01% |
218,300
+29,700
| +16% | +$464K |
|
3284
SITE Centers
SITC
$157M
| $3.33M | ﹤0.01% |
164,698
-72,758
| -31% | -$1.54M |
|
3285
CALL
Wendy's
WEN
$1.58B
| $3.33M | ﹤0.01% |
392,900
+337,600
| +610% | +$2.53M |
|
3286
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$252M
| $3.33M | ﹤0.01% |
200,365
+54,440
| +37% | +$919K |
|
3287
PUT
Honda
HMC
$41.3B
| $3.33M | ﹤0.01% |
87,300
+4,600
| +6% | +$176K |
|
3288
HCA Healthcare
HCA
$90.5B
| $3.33M | ﹤0.01% |
77,870
-33,425
| -30% | -$1.31M |
|
|
BRSL
3289
CALL
Brightstar Lottery PLC
BRSL
$2.11B
| $3.32M | ﹤0.01% |
175,500
-173,500
| -50% | -$3.31M |
|
|
VSI
3290
CALL
DELISTED
Vitamin Shoppe Inc.
VSI
| $3.32M | ﹤0.01% |
75,900
-8,300
| -10% | -$367K |
|
|
CST
3291
DELISTED
CST Brands, Inc.
CST
| $3.32M | ﹤0.01% |
111,376
+39,119
| +54% | +$1.23M |
|
3292
KBR
KBR
$4.79B
| $3.31M | ﹤0.01% |
101,490
-45,997
| -31% | -$1.46M |
|
3293
Entergy
ETR
$49.3B
| $3.31M | ﹤0.01% |
104,762
-182,204
| -63% | -$6.05M |
|
3294
CALL
iShares US Oil Equipment & Services ETF
IEZ
$386M
| $3.31M | ﹤0.01% |
52,900
+16,600
| +46% | +$1.01M |
|
3295
CALL
IPG Photonics
IPGP
$3.26B
| $3.31M | ﹤0.01% |
58,700
-23,400
| -29% | -$1.37M |
|
|
DCH
3296
Dauch Corp
DCH
$1.5B
| $3.3M | ﹤0.01% |
167,537
+27,645
| +20% | +$545K |
|
3297
PUT
Radware
RDWR
$1.2B
| $3.3M | ﹤0.01% |
236,600
+119,000
| +101% | +$1.73M |
|
3298
Urban Outfitters
URBN
$6.95B
| $3.3M | ﹤0.01% |
89,760
+32,272
| +56% | +$1.33M |
|
3299
CALL
Adtran
ADTN
$629M
| $3.3M | ﹤0.01% |
123,800
-159,900
| -56% | -$4.15M |
|
3300
Global X MSCI China Consumer Discretionary ETF
CHIQ
$115M
| $3.3M | ﹤0.01% |
216,274
+20,595
| +11% | +$297K |
|
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.