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 | |
|---|---|---|---|---|---|---|
|
HTWR
5051
CALL
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $1.12M | ﹤0.01% |
15,300
+7,900
| +107% | +$674K |
|
5052
State Street SPDR S&P Telecom ETF
XTL
$525M
| $1.12M | ﹤0.01% |
21,455
-15,640
| -42% | -$802K |
|
|
SCU
5053
PUT
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $1.12M | ﹤0.01% |
10,170
+5,670
| +126% | +$624K |
|
5054
Southwest Gas
SWX
$6.45B
| $1.12M | ﹤0.01% |
22,342
+11,992
| +116% | +$582K |
|
5055
Televisa
TV
$1.45B
| $1.12M | ﹤0.01% |
+39,941
| New | +$1.07M |
|
|
DWA
5056
PUT
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $1.12M | ﹤0.01% |
39,200
-62,300
| -61% | -$1.7M |
|
5057
CALL
Canadian National Railway
CNI
$76.2B
| $1.11M | ﹤0.01% |
22,000
-116,200
| -84% | -$5.74M |
|
5058
PUT
Genesco
GCO
$370M
| $1.11M | ﹤0.01% |
17,000
+6,700
| +65% | +$458K |
|
5059
Odyssey Marine Exploration
OMEX
$48.4M
| $1.11M | ﹤0.01% |
30,950
+15,508
| +100% | +$587K |
|
5060
CALL
Entegris
ENTG
$20.6B
| $1.11M | ﹤0.01% |
109,800
+92,400
| +531% | +$894K |
|
|
SPNC
5061
PUT
DELISTED
Spectranetics Corp
SPNC
| $1.11M | ﹤0.01% |
66,400
+21,100
| +47% | +$368K |
|
|
EEB
5062
DELISTED
Invesco BRIC ETF
EEB
| $1.11M | ﹤0.01% |
31,548
+7,616
| +32% | +$250K |
|
5063
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$310M
| $1.11M | ﹤0.01% |
37,267
-53,048
| -59% | -$1.64M |
|
|
VIVS
5064
VivoSim Labs
VIVS
$3.82M
| $1.11M | ﹤0.01% |
+801
| New | +$1.12M |
|
5065
CALL
iShares US Telecommunications ETF
IYZ
$1.28B
| $1.11M | ﹤0.01% |
+40,200
| New | +$1.1M |
|
|
CVC
5066
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $1.11M | ﹤0.01% |
65,868
-75,750
| -53% | -$1.39M |
|
|
RALS
5067
DELISTED
ProShares RAFI Long/Short
RALS
| $1.11M | ﹤0.01% |
+26,784
| New | +$1.13M |
|
5068
MarketAxess Holdings
MKTX
$5.73B
| $1.11M | ﹤0.01% |
18,458
+973
| +6% | +$52K |
|
|
JAH
5069
PUT
DELISTED
JARDEN CORPORATION
JAH
| $1.11M | ﹤0.01% |
34,350
-11,625
| -25% | -$359K |
|
5070
PUT
VEON
VEON
$4.19B
| $1.11M | ﹤0.01% |
3,768
+2,008
| +114% | +$535K |
|
|
ZLC
5071
CALL
DELISTED
ZALE CORPORATION
ZLC
| $1.11M | ﹤0.01% |
72,800
+56,000
| +333% | +$612K |
|
5072
TransDigm Group
TDG
$65.6B
| $1.1M | ﹤0.01% |
7,968
-70,940
| -90% | -$10.1M |
|
5073
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$344M
| $1.1M | ﹤0.01% |
49,675
-324,630
| -87% | -$6.99M |
|
|
VSI
5074
PUT
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.1M | ﹤0.01% |
25,200
-7,700
| -23% | -$341K |
|
|
LKM
5075
DELISTED
Link Motion Inc.
LKM
| $1.1M | ﹤0.01% |
50,589
-74,135
| -59% | -$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.