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 | |
|---|---|---|---|---|---|---|
3326
CALL
Tyler Technologies
TYL
$15.5B
| $3.25M | ﹤0.01% |
+37,100
| New | +$2.86M |
|
3327
CALL
Tenaris
TS
$27.2B
| $3.24M | ﹤0.01% |
69,300
-87,500
| -56% | -$3.97M |
|
3328
CALL
CACI
CACI
$13.9B
| $3.24M | ﹤0.01% |
46,900
-85,400
| -65% | -$5.7M |
|
3329
Invesco KBW Property & Casualty Insurance ETF
KBWP
$288M
| $3.24M | ﹤0.01% |
88,777
+13,179
| +17% | +$473K |
|
3330
CALL
Ovintiv
OVV
$17.9B
| $3.24M | ﹤0.01% |
37,340
-18,020
| -33% | -$1.57M |
|
3331
Delta Air Lines
DAL
$52.7B
| $3.23M | ﹤0.01% |
136,858
-81,173
| -37% | -$1.69M |
|
3332
PUT
Genesis Energy
GEL
$1.96B
| $3.23M | ﹤0.01% |
64,500
+55,400
| +609% | +$2.79M |
|
|
EBIX
3333
CALL
DELISTED
Ebix Inc
EBIX
| $3.23M | ﹤0.01% |
324,700
+118,000
| +57% | +$1.28M |
|
|
ANSS
3334
CALL
DELISTED
Ansys
ANSS
| $3.23M | ﹤0.01% |
37,300
-14,700
| -28% | -$1.23M |
|
3335
Rayonier
RYN
$6.06B
| $3.23M | ﹤0.01% |
85,582
+42,786
| +100% | +$1.64M |
|
3336
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$258M
| $3.23M | ﹤0.01% |
48,780
-1,503
| -3% | -$98.2K |
|
|
VPHM
3337
DELISTED
VIROPHARMA INC
VPHM
| $3.22M | ﹤0.01% |
82,081
+27,530
| +50% | +$900K |
|
3338
Albemarle
ALB
$16.2B
| $3.22M | ﹤0.01% |
51,156
+860
| +2% | +$54.2K |
|
|
MMP
3339
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $3.22M | ﹤0.01% |
57,053
-48,271
| -46% | -$2.65M |
|
3340
CALL
Invesco Water Resources ETF
PHO
$2.05B
| $3.22M | ﹤0.01% |
134,600
+55,800
| +71% | +$1.29M |
|
3341
CALL
Flotek Industries
FTK
$867M
| $3.21M | ﹤0.01% |
23,283
+3,366
| +17% | +$408K |
|
|
SHOS
3342
PUT
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
| $3.21M | ﹤0.01% |
101,100
+94,600
| +1,455% | +$3.64M |
|
|
SZYM
3343
PUT
DELISTED
SOLAZYME INC COM STK (DE)
SZYM
| $3.21M | ﹤0.01% |
298,000
+165,500
| +125% | +$1.89M |
|
3344
AerCap
AER
$23.2B
| $3.2M | ﹤0.01% |
164,528
-26,712
| -14% | -$486K |
|
3345
PUT
Acacia Research
ACTG
$436M
| $3.2M | ﹤0.01% |
138,800
-95,200
| -41% | -$2.18M |
|
3346
Nasdaq
NDAQ
$55.5B
| $3.2M | ﹤0.01% |
298,893
+64,587
| +28% | +$691K |
|
3347
Danaher
DHR
$152B
| $3.19M | ﹤0.01% |
68,558
-64,901
| -49% | -$2.94M |
|
|
FSL
3348
CALL
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $3.19M | ﹤0.01% |
191,700
+54,900
| +40% | +$846K |
|
|
3349
Acacia Research
ACTG
$436M
| $3.19M | ﹤0.01% |
138,366
-38,312
| -22% | -$876K |
|
|
ACAT
3350
DELISTED
Arctic Cat Inc
ACAT
| $3.19M | ﹤0.01% |
55,930
+4,580
| +9% | +$249K |
|
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.