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 | |
|---|---|---|---|---|---|---|
3376
PUT
Manhattan Associates
MANH
$13B
| $3.14M | ﹤0.01% |
+131,600
| New | +$2.9M |
|
|
MCF
3377
CALL
DELISTED
Contango Oil & Gas Co.
MCF
| $3.14M | ﹤0.01% |
85,400
+6,500
| +8% | +$245K |
|
|
UVG
3378
DELISTED
PROSHARES ULTRA RUSSELL 1000 VALUE
UVG
| $3.14M | ﹤0.01% |
61,617
+12,058
| +24% | +$624K |
|
3379
Deutsche Bank
DB
$75.8B
| $3.13M | ﹤0.01% |
80,201
-19,822
| -20% | -$764K |
|
|
BERY
3380
PUT
DELISTED
Berry Global Group, Inc.
BERY
| $3.13M | ﹤0.01% |
170,864
+159,756
| +1,438% | +$3.33M |
|
3381
PUT
Tenaris
TS
$27.2B
| $3.13M | ﹤0.01% |
66,900
+42,700
| +176% | +$1.94M |
|
3382
Fastenal
FAST
$57.1B
| $3.13M | ﹤0.01% |
248,952
-87,868
| -26% | -$1.04M |
|
|
LUMO
3383
PUT
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $3.12M | ﹤0.01% |
18,467
+9,267
| +101% | +$1.49M |
|
3384
PUT
Pilgrim's Pride
PPC
$7.55B
| $3.12M | ﹤0.01% |
185,800
+49,200
| +36% | +$811K |
|
3385
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.6B
| $3.12M | ﹤0.01% |
238,230
+118,835
| +100% | +$1.52M |
|
3386
ProShares Ultra Semiconductors
USD
$2.6B
| $3.12M | ﹤0.01% |
6,800,640
+3,804,864
| +127% | +$1.68M |
|
|
JNS
3387
DELISTED
Janus Capital Group Inc
JNS
| $3.12M | ﹤0.01% |
366,264
+115,230
| +46% | +$1.03M |
|
|
ANV
3388
DELISTED
Allied Nevada Gold Corp
ANV
| $3.12M | ﹤0.01% |
745,337
+23,499
| +3% | +$123K |
|
|
MNK
3389
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $3.11M | ﹤0.01% |
+70,600
| New | +$3.1M |
|
3390
Progressive
PGR
$127B
| $3.11M | ﹤0.01% |
114,290
+29,632
| +35% | +$768K |
|
3391
CALL
Prologis
PLD
$134B
| $3.11M | ﹤0.01% |
82,700
-74,800
| -47% | -$2.82M |
|
3392
PUT
First Majestic Silver
AG
$10.2B
| $3.1M | ﹤0.01% |
261,800
-154,900
| -37% | -$2.02M |
|
|
OA
3393
PUT
DELISTED
Orbital ATK, Inc.
OA
| $3.1M | ﹤0.01% |
31,800
+28,800
| +960% | +$2.73M |
|
3394
W.R. Berkley
WRB
$25.4B
| $3.1M | ﹤0.01% |
244,144
-16,268
| -6% | -$204K |
|
|
MIC
3395
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $3.1M | ﹤0.01% |
57,900
+34,500
| +147% | +$1.89M |
|
3396
Invesco S&P 500 Low Volatility ETF
SPLV
$7.03B
| $3.1M | ﹤0.01% |
99,222
-498,101
| -83% | -$15.8M |
|
3397
Schwab US Large-Cap Growth ETF
SCHG
$63.1B
| $3.09M | ﹤0.01% |
+601,800
| New | +$3.04M |
|
3398
CALL
YPF Sociedad Anonima ADS
YPF
$19.7B
| $3.09M | ﹤0.01% |
153,500
-193,200
| -56% | -$3.31M |
|
3399
PUT
Global X Silver Miners ETF NEW
SIL
$5.38B
| $3.09M | ﹤0.01% |
77,933
-10,667
| -12% | -$442K |
|
|
TUMI
3400
PUT
DELISTED
TUMI HLDGS INC COM
TUMI
| $3.08M | ﹤0.01% |
153,100
+69,800
| +84% | +$1.58M |
|
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.