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 | |
|---|---|---|---|---|---|---|
|
BTH
4101
PUT
DELISTED
BLYTH,INC
BTH
| $1.95M | ﹤0.01% |
140,700
+107,200
| +320% | +$1.3M |
|
4102
Exelixis
EXEL
$13.5B
| $1.94M | ﹤0.01% |
333,751
+189,959
| +132% | +$983K |
|
4103
CALL
Commercial Metals
CMC
$7.48B
| $1.94M | ﹤0.01% |
114,500
+51,400
| +81% | +$805K |
|
4104
PUT
Lazard
LAZ
$4.25B
| $1.94M | ﹤0.01% |
53,900
+600
| +1% | +$21.3K |
|
4105
CarMax
KMX
$8.81B
| $1.94M | ﹤0.01% |
39,975
+589
| +1% | +$28.8K |
|
|
QRE
4106
PUT
DELISTED
QR ENERGY LP UNIT LTD PARTNERSHIP INT (DE)
QRE
| $1.94M | ﹤0.01% |
119,000
-123,700
| -51% | -$2.07M |
|
4107
PUT
Main Street Capital
MAIN
$5.47B
| $1.93M | ﹤0.01% |
64,600
+19,500
| +43% | +$581K |
|
|
PVR
4108
CALL
DELISTED
PVR PARTNERS L P COM UNIT REPTG LTD PARTNERSHIP INT
PVR
| $1.93M | ﹤0.01% |
83,500
-18,400
| -18% | -$459K |
|
4109
CALL
Badger Meter
BMI
$3.93B
| $1.93M | ﹤0.01% |
83,000
+40,800
| +97% | +$959K |
|
|
SNBR
4110
CALL
DELISTED
Sleep Number
SNBR
| $1.93M | ﹤0.01% |
79,200
-172,900
| -69% | -$4.16M |
|
4111
iShares US Healthcare ETF
IYH
$3.74B
| $1.93M | ﹤0.01% |
90,000
-124,885
| -58% | -$2.65M |
|
4112
WisdomTree Japan SmallCap Dividend Fund
DFJ
$405M
| $1.92M | ﹤0.01% |
37,517
-9,195
| -20% | -$452K |
|
4113
PUT
State Street SPDR S&P Capital Markets ETF
KCE
$488M
| $1.92M | ﹤0.01% |
+45,000
| New | +$1.92M |
|
4114
PUT
TechnipFMC
FTI
$29.7B
| $1.92M | ﹤0.01% |
46,502
+2,284
| +5% | +$93.9K |
|
|
PBCT
4115
CALL
DELISTED
People's United Financial Inc
PBCT
| $1.92M | ﹤0.01% |
133,400
+40,900
| +44% | +$607K |
|
4116
CALL
Invesco DB Precious Metals Fund
DBP
$268M
| $1.92M | ﹤0.01% |
43,600
+700
| +2% | +$30.6K |
|
4117
iShares US Industrials ETF
IYJ
$1.9B
| $1.92M | ﹤0.01% |
+42,368
| New | +$1.87M |
|
|
HNT
4118
DELISTED
HEALTH NET INC
HNT
| $1.92M | ﹤0.01% |
60,461
-23,141
| -28% | -$730K |
|
|
UWC
4119
DELISTED
PROSHARES TR ULTRA RUSSELL3000
UWC
| $1.92M | ﹤0.01% |
27,942
-45,822
| -62% | -$3.09M |
|
4120
PUT
Canadian Imperial Bank of Commerce
CM
$104B
| $1.91M | ﹤0.01% |
48,997
+18,782
| +62% | +$702K |
|
|
CVA
4121
PUT
DELISTED
Covanta Holding Corporation
CVA
| $1.91M | ﹤0.01% |
89,400
+25,900
| +41% | +$544K |
|
|
NOAH
4122
CALL
Noah Holdings
NOAH
$589M
| $1.91M | ﹤0.01% |
112,100
+89,200
| +390% | +$1.25M |
|
|
RDUS
4123
PUT
DELISTED
Radius Recycling
RDUS
| $1.91M | ﹤0.01% |
69,400
-9,200
| -12% | -$241K |
|
4124
Direxion Daily Real Estate Bear 3X ETF
DRV
$26.8M
| $1.91M | ﹤0.01% |
583
+503
| +629% | +$1.61M |
|
|
PCL
4125
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $1.91M | ﹤0.01% |
40,753
-3,588
| -8% | -$168K |
|
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.