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 | |
|---|---|---|---|---|---|---|
|
TXI
3801
DELISTED
TEXAS INDUSTRIES INC
TXI
| $2.35M | ﹤0.01% |
35,500
-43,469
| -55% | -$2.73M |
|
3802
PUT
iShares Latin America 40 ETF
ILF
$3.72B
| $2.35M | ﹤0.01% |
61,500
+45,700
| +289% | +$1.68M |
|
3803
West Pharmaceutical
WST
$23.7B
| $2.35M | ﹤0.01% |
57,196
-9,004
| -14% | -$343K |
|
3804
CALL
Idexx Laboratories
IDXX
$43.7B
| $2.35M | ﹤0.01% |
47,200
+28,800
| +157% | +$1.38M |
|
3805
PUT
ProShares UltraPro Short 20+ Year Treasury
TTT
$17.4M
| $2.35M | ﹤0.01% |
6,675
+2,300
| +53% | +$844K |
|
3806
iShares Expanded Tech Sector ETF
IGM
$10.6B
| $2.35M | ﹤0.01% |
177,000
-972,090
| -85% | -$12.7M |
|
3807
Halozyme
HALO
$12B
| $2.35M | ﹤0.01% |
212,827
+124,680
| +141% | +$1.04M |
|
|
FRX
3808
DELISTED
FOREST LABORATORIES INC
FRX
| $2.35M | ﹤0.01% |
54,863
+10,121
| +23% | +$440K |
|
3809
iShares MSCI EAFE Growth ETF
EFG
$17.1B
| $2.35M | ﹤0.01% |
34,436
-42,684
| -55% | -$2.8M |
|
3810
Adeia
ADEA
$2.84B
| $2.34M | ﹤0.01% |
457,883
+134,341
| +42% | +$710K |
|
3811
VanEck Israel ETF
ISRA
$160M
| $2.34M | ﹤0.01% |
+85,029
| New | +$2.27M |
|
|
YELL
3812
PUT
DELISTED
Yellow Corporation Common Stock
YELL
| $2.34M | ﹤0.01% |
138,800
+58,200
| +72% | +$1.36M |
|
|
CPN
3813
PUT
DELISTED
Calpine Corporation
CPN
| $2.34M | ﹤0.01% |
120,500
+98,700
| +453% | +$1.96M |
|
3814
PUT
Allegiant Air
ALGT
$2.16B
| $2.34M | ﹤0.01% |
22,200
-5,300
| -19% | -$523K |
|
|
CYBX
3815
CALL
DELISTED
CYBERONICS INC
CYBX
| $2.34M | ﹤0.01% |
46,100
-46,300
| -50% | -$2.43M |
|
|
MWV
3816
CALL
DELISTED
MEADWESTVACO CORP
MWV
| $2.34M | ﹤0.01% |
60,900
+13,400
| +28% | +$493K |
|
3817
Invesco S&P 500 Downside Hedged ETF
PHDG
$62.4M
| $2.33M | ﹤0.01% |
86,996
+57,517
| +195% | +$1.57M |
|
3818
CALL
AeroVironment
AVAV
$7.52B
| $2.33M | ﹤0.01% |
101,000
+42,900
| +74% | +$958K |
|
|
TUMI
3819
CALL
DELISTED
TUMI HLDGS INC COM
TUMI
| $2.33M | ﹤0.01% |
115,800
+87,300
| +306% | +$1.98M |
|
|
SKS
3820
DELISTED
SAKS INCORPORATED
SKS
| $2.33M | ﹤0.01% |
146,337
-138,491
| -49% | -$2.16M |
|
|
GGP
3821
DELISTED
GGP Inc.
GGP
| $2.33M | ﹤0.01% |
120,913
-20,490
| -14% | -$413K |
|
|
EPB
3822
PUT
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
| $2.33M | ﹤0.01% |
55,200
-1,500
| -3% | -$63.4K |
|
3823
PUT
ProShares UltraShort Gold
GLL
$94.2M
| $2.33M | ﹤0.01% |
6,625
+500
| +8% | +$180K |
|
|
CA
3824
PUT
DELISTED
CA, Inc.
CA
| $2.33M | ﹤0.01% |
78,500
-59,900
| -43% | -$1.79M |
|
3825
PUT
ServiceNow
NOW
$150B
| $2.33M | ﹤0.01% |
224,000
+90,000
| +67% | +$827K |
|
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.