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 | |
|---|---|---|---|---|---|---|
3426
PUT
Warner Bros
WBD
$72.1B
| $3.04M | ﹤0.01% |
70,452
-34,052
| -33% | -$1.42M |
|
|
ROC
3427
PUT
DELISTED
ROCKWOOD HLDGS INC
ROC
| $3.04M | ﹤0.01% |
45,400
+42,200
| +1,319% | +$2.78M |
|
|
ZVO
3428
DELISTED
Zovio Inc. Common Stock
ZVO
| $3.04M | ﹤0.01% |
168,314
-104,254
| -38% | -$1.7M |
|
|
RTK
3429
DELISTED
Rentech, Inc.
RTK
| $3.04M | ﹤0.01% |
153,361
-99,816
| -39% | -$2.1M |
|
3430
CALL
Apollo Global Management
APO
$79.7B
| $3.03M | ﹤0.01% |
107,300
-248,100
| -70% | -$6.66M |
|
3431
Trinity Industries
TRN
$2.33B
| $3.03M | ﹤0.01% |
185,712
-64,564
| -26% | -$953K |
|
3432
iShares Government/Credit Bond ETF
GBF
$128M
| $3.03M | ﹤0.01% |
27,615
-7,498
| -21% | -$822K |
|
|
HSNI
3433
DELISTED
HSN, Inc.
HSNI
| $3.02M | ﹤0.01% |
56,414
-22,459
| -28% | -$1.29M |
|
3434
ProShares Ultra MSCI Emerging Markets
EET
$38.7M
| $3.02M | ﹤0.01% |
+42,138
| New | +$2.88M |
|
3435
PUT
Carlyle Group
CG
$17.5B
| $3.02M | ﹤0.01% |
117,400
+6,200
| +6% | +$164K |
|
3436
CALL
Dine Brands
DIN
$425M
| $3.02M | ﹤0.01% |
43,700
+11,800
| +37% | +$809K |
|
3437
PUT
Guidewire Software
GWRE
$17.1B
| $3.02M | ﹤0.01% |
64,000
+23,700
| +59% | +$1.07M |
|
3438
CALL
State Street SPDR Dow Jones REIT ETF
RWR
$1.84B
| $3.01M | ﹤0.01% |
41,300
+21,500
| +109% | +$1.61M |
|
|
MRSH
3439
CALL
Marsh
MRSH
$91.9B
| $3.01M | ﹤0.01% |
69,100
+14,600
| +27% | +$614K |
|
|
GOLD
3440
DELISTED
Randgold Resources Ltd
GOLD
| $3.01M | ﹤0.01% |
42,658
-84,851
| -67% | -$6.07M |
|
3441
H.B. Fuller
FUL
$3.03B
| $3M | ﹤0.01% |
66,511
-19,935
| -23% | -$796K |
|
3442
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.6B
| $3M | ﹤0.01% |
80,038
-1,173
| -1% | -$43.4K |
|
|
SPYM
3443
State Street SPDR Portfolio S&P 500 ETF
SPYM
$171B
| $3M | ﹤0.01% |
151,532
+26,424
| +21% | +$522K |
|
3444
CALL
Mid-America Apartment Communities
MAA
$15B
| $3M | ﹤0.01% |
48,000
+10,900
| +29% | +$704K |
|
|
ESL
3445
CALL
DELISTED
Esterline Technologies
ESL
| $3M | ﹤0.01% |
37,500
+1,900
| +5% | +$152K |
|
3446
Vanguard World Funds Extended Duration ETF
EDV
$3.52B
| $3M | ﹤0.01% |
31,535
+26,711
| +554% | +$2.54M |
|
3447
PUT
AAR Corp
AIR
$5.36B
| $2.99M | ﹤0.01% |
+109,500
| New | +$2.8M |
|
3448
PUT
Charter Communications
CHTR
$18.3B
| $2.99M | ﹤0.01% |
22,200
+6,000
| +37% | +$761K |
|
3449
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $2.99M | ﹤0.01% |
195,300
-65,100
| -25% | -$1.01M |
|
3450
LKQ Corp
LKQ
$6.46B
| $2.99M | ﹤0.01% |
93,883
+53,898
| +135% | +$1.56M |
|
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.