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 | |
|---|---|---|---|---|---|---|
|
TSL
3351
DELISTED
Trina Solar Limited
TSL
| $3.19M | ﹤0.01% |
206,285
+162,351
| +370% | +$1.44M |
|
3352
Carlyle Group
CG
$17.5B
| $3.19M | ﹤0.01% |
123,942
+69,476
| +128% | +$1.84M |
|
3353
CALL
Banco Santander
SAN
$213B
| $3.18M | ﹤0.01% |
428,942
+50,755
| +13% | +$337K |
|
|
FTR
3354
PUT
DELISTED
Frontier Communications Corp.
FTR
| $3.18M | ﹤0.01% |
50,893
+3,140
| +7% | +$204K |
|
|
AMPE
3355
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
| $3.18M | ﹤0.01% |
+1,413
| New | +$2.73M |
|
|
LLTC
3356
DELISTED
Linear Technology Corp
LLTC
| $3.18M | ﹤0.01% |
80,162
+34,310
| +75% | +$1.35M |
|
3357
Teck Resources
TECK
$34B
| $3.17M | ﹤0.01% |
118,274
-127,589
| -52% | -$3.21M |
|
3358
CALL
Northern Oil and Gas
NOG
$2.74B
| $3.17M | ﹤0.01% |
21,970
+11,610
| +112% | +$1.55M |
|
|
HAR
3359
DELISTED
Harman International Industries
HAR
| $3.17M | ﹤0.01% |
47,845
-94,812
| -66% | -$5.92M |
|
3360
WisdomTree New Economy Real Estate Fund
WTRE
$15.3M
| $3.16M | ﹤0.01% |
112,997
+84,506
| +297% | +$2.34M |
|
3361
PUT
Henry Schein
HSIC
$9.98B
| $3.16M | ﹤0.01% |
77,775
+40,545
| +109% | +$1.64M |
|
3362
KeyCorp
KEY
$23.4B
| $3.16M | ﹤0.01% |
277,226
-475,460
| -63% | -$5.68M |
|
3363
PUT
Omega Healthcare
OHI
$13.9B
| $3.16M | ﹤0.01% |
105,800
+63,400
| +150% | +$1.93M |
|
|
KEG
3364
DELISTED
KEY ENERGY SERVICES INC
KEG
| $3.16M | ﹤0.01% |
433,432
+394,313
| +1,008% | +$2.87M |
|
3365
PUT
Rambus
RMBS
$9.3B
| $3.16M | ﹤0.01% |
335,700
+83,900
| +33% | +$768K |
|
3366
ProShares UltraPro QQQ
TQQQ
$36.2B
| $3.16M | ﹤0.01% |
3,363,264
-2,793,696
| -45% | -$2.36M |
|
3367
CALL
ASML
ASML
$651B
| $3.15M | ﹤0.01% |
31,900
-79,900
| -71% | -$7.19M |
|
3368
CALL
Pilgrim's Pride
PPC
$7.55B
| $3.15M | ﹤0.01% |
187,600
+54,200
| +41% | +$894K |
|
3369
Tractor Supply
TSCO
$18.1B
| $3.15M | ﹤0.01% |
234,460
+160,690
| +218% | +$1.98M |
|
3370
CALL
JetBlue
JBLU
$1.81B
| $3.15M | ﹤0.01% |
472,800
+120,800
| +34% | +$781K |
|
3371
Tapestry
TPR
$25B
| $3.15M | ﹤0.01% |
57,742
-15,685
| -21% | -$864K |
|
|
BSFT
3372
CALL
DELISTED
BroadSoft, Inc.
BSFT
| $3.15M | ﹤0.01% |
87,400
+36,900
| +73% | +$1.2M |
|
|
AKRX
3373
CALL
DELISTED
Akorn Inc
AKRX
| $3.14M | ﹤0.01% |
159,700
+45,500
| +40% | +$736K |
|
3374
PUT
Ambarella
AMBA
$3.1B
| $3.14M | ﹤0.01% |
160,900
+50,000
| +45% | +$851K |
|
3375
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$10.2B
| $3.14M | ﹤0.01% |
+118,830
| New | +$3.06M |
|
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.