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 | |
|---|---|---|---|---|---|---|
3551
NXP Semiconductors
NXPI
$56.4B
| $2.8M | ﹤0.01% |
75,247
-111,572
| -60% | -$3.95M |
|
3552
iShares MSCI France ETF
EWQ
$333M
| $2.8M | ﹤0.01% |
104,132
-951,702
| -90% | -$24.3M |
|
3553
PUT
Vail Resorts
MTN
$5.06B
| $2.8M | ﹤0.01% |
40,300
+6,500
| +19% | +$440K |
|
|
FST
3554
DELISTED
FOREST OIL CORPORATION
FST
| $2.79M | ﹤0.01% |
456,962
+300,787
| +193% | +$1.61M |
|
3555
Brookfield
BN
$92.3B
| $2.78M | ﹤0.01% |
317,666
+93,419
| +42% | +$798K |
|
|
KEG
3556
CALL
DELISTED
KEY ENERGY SERVICES INC
KEG
| $2.78M | ﹤0.01% |
381,300
+365,000
| +2,239% | +$2.66M |
|
|
MHR
3557
PUT
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $2.77M | ﹤0.01% |
449,800
+161,700
| +56% | +$733K |
|
3558
CALL
iShares MSCI Hong Kong ETF
EWH
$1.26B
| $2.77M | ﹤0.01% |
137,100
+22,600
| +20% | +$436K |
|
3559
CALL
Pentair
PNR
$9.84B
| $2.77M | ﹤0.01% |
63,580
-7,594
| -11% | -$316K |
|
|
RST
3560
DELISTED
ROSETTA STONE INC
RST
| $2.77M | ﹤0.01% |
+170,849
| New | +$2.73M |
|
|
CALL
3561
PUT
DELISTED
magicJack VocalTec Ltd
CALL
| $2.77M | ﹤0.01% |
215,500
-54,600
| -20% | -$784K |
|
3562
CALL
Equinor
EQNR
$98.2B
| $2.77M | ﹤0.01% |
122,100
+105,600
| +640% | +$2.31M |
|
3563
CALL
Fomento Económico Mexicano
FMX
$40.9B
| $2.77M | ﹤0.01% |
28,500
-8,100
| -22% | -$814K |
|
3564
WisdomTree Emerging Markets Local Debt Fund
ELD
$143M
| $2.77M | ﹤0.01% |
58,755
+50,948
| +653% | +$2.4M |
|
3565
PUT
Targa Resources
TRGP
$61.7B
| $2.77M | ﹤0.01% |
37,900
+10,400
| +38% | +$718K |
|
3566
PUT
iShares MSCI South Africa ETF
EZA
$587M
| $2.76M | ﹤0.01% |
43,700
+27,700
| +173% | +$1.68M |
|
3567
ProShares Large Cap Core Plus
CSM
$530M
| $2.76M | ﹤0.01% |
+139,132
| New | +$2.76M |
|
3568
Molson Coors Class B
TAP
$7.73B
| $2.76M | ﹤0.01% |
55,092
-64,893
| -54% | -$3.26M |
|
3569
CALL
Extra Space Storage
EXR
$30.2B
| $2.76M | ﹤0.01% |
60,300
+47,400
| +367% | +$2.05M |
|
|
PWE
3570
CALL
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $2.76M | ﹤0.01% |
247,600
-29,200
| -11% | -$339K |
|
3571
NatWest
NWG
$73B
| $2.75M | ﹤0.01% |
220,759
+157,906
| +251% | +$1.77M |
|
3572
Invesco Building & Construction ETF
PKB
$344M
| $2.75M | ﹤0.01% |
135,454
+29,725
| +28% | +$587K |
|
|
ALJ
3573
DELISTED
Alon USA Energy Inc
ALJ
| $2.75M | ﹤0.01% |
268,927
+252,693
| +1,557% | +$3.12M |
|
|
SJT
3574
PUT
San Juan Basin Royalty Trust
SJT
$126M
| $2.75M | ﹤0.01% |
171,800
-59,800
| -26% | -$983K |
|
3575
iShares MSCI Italy ETF
EWI
$1.12B
| $2.74M | ﹤0.01% |
97,031
-260,530
| -73% | -$6.91M |
|
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.