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 | |
|---|---|---|---|---|---|---|
3476
Huntington Ingalls Industries
HII
$11.6B
| $2.94M | ﹤0.01% |
43,571
+771
| +2% | +$49.2K |
|
|
IBCB
3477
DELISTED
ISHARES IBONDS MAR 2016 CORPORATE EX-FINANCIALS ETF
IBCB
| $2.94M | ﹤0.01% |
+29,210
| New | +$2.91M |
|
|
PLL
3478
CALL
DELISTED
PALL CORP
PLL
| $2.94M | ﹤0.01% |
38,100
+23,400
| +159% | +$1.68M |
|
3479
State Street SPDR Global Dow ETF
DGT
$632M
| $2.93M | ﹤0.01% |
45,590
+31,966
| +235% | +$2M |
|
3480
CALL
CBRE Group
CBRE
$43.7B
| $2.93M | ﹤0.01% |
126,800
+96,400
| +317% | +$2.23M |
|
3481
Valmont Industries
VMI
$9.19B
| $2.93M | ﹤0.01% |
21,102
+1,802
| +9% | +$258K |
|
3482
PUT
CVR Partners
UAN
$1.32B
| $2.93M | ﹤0.01% |
16,550
+5,440
| +49% | +$1.1M |
|
3483
Waters Corp
WAT
$40.7B
| $2.93M | ﹤0.01% |
27,562
-4,536
| -14% | -$465K |
|
|
YGE
3484
PUT
DELISTED
Yingli Green Energy Holding Comp
YGE
| $2.93M | ﹤0.01% |
42,160
+17,360
| +70% | +$779K |
|
|
ETP
3485
DELISTED
Energy Transfer Partners, L.P.
ETP
| $2.92M | ﹤0.01% |
88,000
-17,482
| -17% | -$558K |
|
|
LM
3486
PUT
DELISTED
Legg Mason, Inc.
LM
| $2.92M | ﹤0.01% |
87,400
-630,600
| -88% | -$21.1M |
|
3487
Cigna
CI
$73.7B
| $2.92M | ﹤0.01% |
38,008
+25,890
| +214% | +$2.02M |
|
3488
iShares Global Consumer Discretionary ETF
RXI
$270M
| $2.92M | ﹤0.01% |
37,463
+9,873
| +36% | +$745K |
|
3489
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$5.86B
| $2.92M | ﹤0.01% |
2,220,000
-1,610,000
| -42% | -$2.07M |
|
3490
CALL
CVR Energy
CVI
$4.2B
| $2.91M | ﹤0.01% |
75,600
-122,000
| -62% | -$5.35M |
|
3491
PUT
Genuine Parts
GPC
$19B
| $2.91M | ﹤0.01% |
36,000
+23,600
| +190% | +$1.92M |
|
|
BGC
3492
CALL
DELISTED
General Cable Corporation
BGC
| $2.91M | ﹤0.01% |
91,700
-22,000
| -19% | -$690K |
|
3493
CALL
Brinker International
EAT
$9.87B
| $2.91M | ﹤0.01% |
71,800
+29,600
| +70% | +$1.21M |
|
|
GOV
3494
DELISTED
Government Properties Income Trust
GOV
| $2.91M | ﹤0.01% |
121,599
+47,505
| +64% | +$1.17M |
|
3495
PUT
Vera Bradley
VRA
$94.1M
| $2.91M | ﹤0.01% |
141,500
+69,300
| +96% | +$1.48M |
|
3496
Sanofi
SNY
$107B
| $2.9M | ﹤0.01% |
+57,377
| New | +$2.92M |
|
3497
PUT
W.P. Carey
WPC
$16.1B
| $2.9M | ﹤0.01% |
45,843
+6,024
| +15% | +$396K |
|
3498
American Superconductor
AMSC
$1.38B
| $2.9M | ﹤0.01% |
123,993
+113,707
| +1,105% | +$2.88M |
|
|
SUNE
3499
DELISTED
SUNEDISON, INC COM
SUNE
| $2.9M | ﹤0.01% |
363,985
-221,460
| -38% | -$1.84M |
|
|
GTAT
3500
CALL
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $2.9M | ﹤0.01% |
340,900
+315,000
| +1,216% | +$1.88M |
|
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.