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 | |
|---|---|---|---|---|---|---|
4076
PUT
BCE
BCE
$21.9B
| $1.98M | ﹤0.01% |
46,400
-4,900
| -10% | -$204K |
|
4077
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.24B
| $1.98M | ﹤0.01% |
16,320
+8,800
| +117% | +$1.06M |
|
|
CCXE
4078
DELISTED
WISDOMTREE COMMODITY COUNTRY EQUITY FND (DE)
CCXE
| $1.98M | ﹤0.01% |
64,477
+9,982
| +18% | +$293K |
|
4079
iShares Core MSCI Total International Stock ETF
IXUS
$60.8B
| $1.98M | ﹤0.01% |
35,866
-120,097
| -77% | -$6.35M |
|
4080
First Trust US Equity Opportunities ETF
FPX
$1.48B
| $1.98M | ﹤0.01% |
47,986
-28,284
| -37% | -$1.11M |
|
4081
CALL
Nektar Therapeutics
NKTR
$2.48B
| $1.97M | ﹤0.01% |
12,600
+3,940
| +45% | +$728K |
|
|
VNR
4082
PUT
DELISTED
Vanguard Natural Resources, LLC
VNR
| $1.97M | ﹤0.01% |
70,500
-23,900
| -25% | -$655K |
|
|
OMX
4083
DELISTED
OFFICEMAX INCORPORATED
OMX
| $1.97M | ﹤0.01% |
154,214
-257,286
| -63% | -$2.91M |
|
|
KKD
4084
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $1.97M | ﹤0.01% |
101,979
+91,279
| +853% | +$1.86M |
|
4085
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$709M
| $1.97M | ﹤0.01% |
55,654
+37,424
| +205% | +$1.29M |
|
4086
CALL
Patterson-UTI
PTEN
$4.74B
| $1.97M | ﹤0.01% |
92,200
-37,700
| -29% | -$774K |
|
4087
PUT
Madrigal Pharmaceuticals
MDGL
$12.3B
| $1.97M | ﹤0.01% |
8,914
+4,025
| +82% | +$856K |
|
|
SGEN
4088
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $1.96M | ﹤0.01% |
44,800
+7,200
| +19% | +$300K |
|
|
PDCE
4089
PUT
DELISTED
PDC Energy, Inc.
PDCE
| $1.96M | ﹤0.01% |
32,900
-109,300
| -77% | -$6.16M |
|
|
KZ
4090
DELISTED
KongZhong Corporation
KZ
| $1.96M | ﹤0.01% |
149,559
+117,585
| +368% | +$1.17M |
|
4091
PUT
ProShares Ultra Technology
ROM
$1.25B
| $1.96M | ﹤0.01% |
716,800
-950,400
| -57% | -$2.51M |
|
|
TRLA
4092
PUT
DELISTED
TRULIA INC (DEL)
TRLA
| $1.96M | ﹤0.01% |
41,600
+3,500
| +9% | +$146K |
|
4093
Manulife Financial
MFC
$70.9B
| $1.95M | ﹤0.01% |
+117,975
| New | +$2.01M |
|
|
XL
4094
PUT
DELISTED
XL Group Ltd.
XL
| $1.95M | ﹤0.01% |
63,400
+6,200
| +11% | +$193K |
|
4095
CALL
ProShares Ultra Gold
UGL
$852M
| $1.95M | ﹤0.01% |
153,600
+110,800
| +259% | +$1.42M |
|
4096
Dentsply Sirona
XRAY
$2.22B
| $1.95M | ﹤0.01% |
44,988
+13,422
| +43% | +$573K |
|
|
IRV
4097
DELISTED
SPDR S&P International Materials Sector
IRV
| $1.95M | ﹤0.01% |
84,207
+3,853
| +5% | +$85.9K |
|
4098
CALL
Dana Inc
DAN
$3.26B
| $1.95M | ﹤0.01% |
85,400
+26,800
| +46% | +$581K |
|
4099
Canadian Solar
CSIQ
$892M
| $1.95M | ﹤0.01% |
+114,496
| New | +$1.53M |
|
|
OKS
4100
DELISTED
Oneok Partners LP
OKS
| $1.95M | ﹤0.01% |
36,701
+23,736
| +183% | +$1.2M |
|
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.