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 | |
|---|---|---|---|---|---|---|
3301
PUT
Vanguard Morningstar Growth ETF
VUG
$228B
| $3.29M | ﹤0.01% |
233,400
-5,400
| -2% | -$74.4K |
|
3302
CALL
Boston Scientific
BSX
$67.9B
| $3.29M | ﹤0.01% |
279,800
+39,900
| +17% | +$432K |
|
3303
CALL
SLM Corp
SLM
$4.97B
| $3.28M | ﹤0.01% |
369,056
-1,130,672
| -75% | -$9.87M |
|
3304
CALL
Waters Corp
WAT
$40.7B
| $3.28M | ﹤0.01% |
30,900
+21,400
| +225% | +$2.19M |
|
|
JMBA
3305
PUT
DELISTED
Jamba, Inc.
JMBA
| $3.28M | ﹤0.01% |
245,200
+206,300
| +530% | +$2.91M |
|
|
JIVE
3306
CALL
DELISTED
Jive Software, Inc.
JIVE
| $3.28M | ﹤0.01% |
262,400
+128,800
| +96% | +$1.85M |
|
|
SSRI
3307
DELISTED
Silver Standard Resources
SSRI
| $3.28M | ﹤0.01% |
533,268
+58,733
| +12% | +$440K |
|
3308
Martin Marietta Materials
MLM
$37.7B
| $3.28M | ﹤0.01% |
33,375
+21,910
| +191% | +$2.18M |
|
3309
PUT
Coca-Cola Europacific Partners
CCEP
$48.2B
| $3.27M | ﹤0.01% |
81,400
-66,200
| -45% | -$2.52M |
|
3310
PUT
AngloGold Ashanti
AU
$57.2B
| $3.27M | ﹤0.01% |
246,200
-74,200
| -23% | -$994K |
|
|
MLPI
3311
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $3.27M | ﹤0.01% |
84,178
+55,731
| +196% | +$2.15M |
|
|
ATCO
3312
PUT
DELISTED
Atlas Corp.
ATCO
| $3.27M | ﹤0.01% |
133,500
-23,500
| -15% | -$510K |
|
|
CNW
3313
DELISTED
CON-WAY INC.
CNW
| $3.27M | ﹤0.01% |
+75,823
| New | +$3.21M |
|
|
HMA
3314
PUT
DELISTED
HEALTH MGMT ASSOC INC CL-A
HMA
| $3.26M | ﹤0.01% |
255,000
-82,900
| -25% | -$1.15M |
|
3315
Watsco Inc
WSO
$12.8B
| $3.26M | ﹤0.01% |
34,564
-4,826
| -12% | -$442K |
|
3316
Allegiant Air
ALGT
$2.16B
| $3.26M | ﹤0.01% |
30,923
-14,928
| -33% | -$1.47M |
|
|
ATW
3317
DELISTED
Atwood Oceanics
ATW
| $3.26M | ﹤0.01% |
59,191
-25
| -0% | -$1.41K |
|
|
KATE
3318
PUT
DELISTED
Kate Spade & Company
KATE
| $3.26M | ﹤0.01% |
129,600
+100,800
| +350% | +$2.46M |
|
3319
Delek US
DK
$4.42B
| $3.26M | ﹤0.01% |
+154,387
| New | +$4.08M |
|
3320
CALL
Invesco Mortgage Capital
IVR
$792M
| $3.26M | ﹤0.01% |
21,160
+4,880
| +30% | +$772K |
|
|
OREX
3321
CALL
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $3.25M | ﹤0.01% |
52,990
+10,350
| +24% | +$701K |
|
3322
PUT
Titan International
TWI
$453M
| $3.25M | ﹤0.01% |
222,100
+110,300
| +99% | +$1.82M |
|
|
VAR
3323
PUT
DELISTED
Varian Medical Systems, Inc.
VAR
| $3.25M | ﹤0.01% |
49,607
+32,501
| +190% | +$2.06M |
|
3324
CALL
Wintrust Financial
WTFC
$10.3B
| $3.25M | ﹤0.01% |
79,100
+10,400
| +15% | +$423K |
|
|
WAC
3325
DELISTED
Walter Investment Mgt Corp
WAC
| $3.25M | ﹤0.01% |
82,155
-18,591
| -18% | -$714K |
|
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.