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 | |
|---|---|---|---|---|---|---|
|
TCP
3451
PUT
DELISTED
TC Pipelines LP
TCP
| $2.99M | ﹤0.01% |
61,400
+20,600
| +50% | +$1.02M |
|
3452
PUT
Rayonier
RYN
$6.06B
| $2.99M | ﹤0.01% |
79,255
+62,873
| +384% | +$2.41M |
|
|
ATW
3453
CALL
DELISTED
Atwood Oceanics
ATW
| $2.99M | ﹤0.01% |
54,300
+34,100
| +169% | +$1.92M |
|
3454
CALL
Middleby
MIDD
$5.1B
| $2.99M | ﹤0.01% |
42,900
-29,100
| -40% | -$1.87M |
|
3455
WisdomTree International MidCap Dividend Fund
DIM
$170M
| $2.98M | ﹤0.01% |
53,169
-6,642
| -11% | -$358K |
|
|
HGI
3456
DELISTED
Invesco Zacks International Multi-Asset Income ETF
HGI
| $2.98M | ﹤0.01% |
169,208
+32,139
| +23% | +$552K |
|
|
TECD
3457
PUT
DELISTED
Tech Data Corp
TECD
| $2.98M | ﹤0.01% |
59,700
+49,200
| +469% | +$2.48M |
|
3458
Precigen
PGEN
$2.49B
| $2.98M | ﹤0.01% |
+131,536
| New | +$3.04M |
|
3459
PUT
Unilever
UL
$140B
| $2.98M | ﹤0.01% |
68,622
+27,200
| +66% | +$1.23M |
|
3460
First Trust Switzerland AlphaDEX Fund
FSZ
$36.9M
| $2.98M | ﹤0.01% |
78,197
-20,153
| -20% | -$739K |
|
3461
Direxion Daily Retail Bull 3X ETF
RETL
$25.7M
| $2.97M | ﹤0.01% |
609,138
+561,038
| +1,166% | +$2.67M |
|
|
SWI
3462
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $2.97M | ﹤0.01% |
84,694
+24,644
| +41% | +$964K |
|
3463
CALL
First Trust Natural Gas ETF
FCG
$669M
| $2.97M | ﹤0.01% |
31,700
+19,240
| +154% | +$1.69M |
|
3464
Manhattan Associates
MANH
$13B
| $2.96M | ﹤0.01% |
124,164
+15,092
| +14% | +$333K |
|
3465
Invesco S&P 500 BuyWrite ETF
PBP
$376M
| $2.96M | ﹤0.01% |
148,152
-178,614
| -55% | -$3.64M |
|
|
TC
3466
DELISTED
Thompson Creek Metals Company Inc. Ordinary Shares (Canada)
TC
| $2.96M | ﹤0.01% |
823,780
+189,018
| +30% | +$635K |
|
3467
PUT
SPX Corp
SPXC
$9.95B
| $2.95M | ﹤0.01% |
138,588
+12,707
| +10% | +$247K |
|
3468
Rambus
RMBS
$9.3B
| $2.95M | ﹤0.01% |
313,934
+21,737
| +7% | +$199K |
|
3469
CALL
Roper Technologies
ROP
$42.2B
| $2.95M | ﹤0.01% |
22,200
-11,100
| -33% | -$1.43M |
|
3470
CALL
HDFC Bank
HDB
$119B
| $2.95M | ﹤0.01% |
383,200
+226,800
| +145% | +$1.86M |
|
|
TEN
3471
CALL
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $2.95M | ﹤0.01% |
58,400
-2,300
| -4% | -$112K |
|
3472
PUT
Community Health Systems
CYH
$413M
| $2.95M | ﹤0.01% |
85,910
+39,567
| +85% | +$1.4M |
|
|
OA
3473
CALL
DELISTED
Orbital ATK, Inc.
OA
| $2.95M | ﹤0.01% |
30,200
+18,600
| +160% | +$1.76M |
|
3474
iShares MSCI ACWI ex US ETF
ACWX
$12.5B
| $2.94M | ﹤0.01% |
65,675
-241,744
| -79% | -$10.4M |
|
|
MEMP
3475
PUT
DELISTED
Memorial Production Partners LP Common Units
MEMP
| $2.94M | ﹤0.01% |
141,100
+40,200
| +40% | +$818K |
|
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.