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 | |
|---|---|---|---|---|---|---|
5251
PUT
Ironwood Pharmaceuticals
IRWD
$682M
| $992K | ﹤0.01% |
99,938
+86,565
| +647% | +$849K |
|
|
EXK
5252
Endeavour Silver
EXK
$3.19B
| $991K | ﹤0.01% |
230,403
-26,140
| -10% | -$111K |
|
5253
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.35B
| $991K | ﹤0.01% |
26,668
-11,025
| -29% | -$400K |
|
5254
CALL
Morningstar
MORN
$8.16B
| $991K | ﹤0.01% |
12,500
-500
| -4% | -$38.6K |
|
|
HMA
5255
DELISTED
HEALTH MGMT ASSOC INC CL-A
HMA
| $990K | ﹤0.01% |
77,346
+39,069
| +102% | +$543K |
|
5256
PUT
MIND Technology
MIND
$39.4M
| $988K | ﹤0.01% |
6,460
+3,300
| +104% | +$555K |
|
5257
PUT
Prospect Capital
PSEC
$1.15B
| $988K | ﹤0.01% |
88,400
+5,900
| +7% | +$65.5K |
|
|
FNGN
5258
DELISTED
Financial Engines, Inc.
FNGN
| $987K | ﹤0.01% |
16,615
+4,793
| +41% | +$255K |
|
5259
CALL
Magnachip Semiconductor
MX
$115M
| $986K | ﹤0.01% |
45,800
-18,000
| -28% | -$362K |
|
|
AKS
5260
CALL
DELISTED
AK Steel Holding Corp
AKS
| $986K | ﹤0.01% |
262,700
+136,500
| +108% | +$486K |
|
|
JPNL
5261
DELISTED
Direxion Daily Japan Bull 3x Shares
JPNL
| $986K | ﹤0.01% |
+19,725
| New | +$927K |
|
5262
Highwoods Properties
HIW
$3.44B
| $985K | ﹤0.01% |
27,886
+20,008
| +254% | +$711K |
|
5263
CVR Partners
UAN
$1.32B
| $985K | ﹤0.01% |
5,567
+1,039
| +23% | +$210K |
|
5264
Barrett Business Services
BBSI
$833M
| $984K | ﹤0.01% |
58,528
+16,728
| +40% | +$273K |
|
5265
WisdomTree US LargeCap Dividend Fund
DLN
$6.35B
| $984K | ﹤0.01% |
32,140
-82,074
| -72% | -$2.53M |
|
|
GCOM
5266
DELISTED
GLOBECOMM SYSTEMS INC
GCOM
| $984K | ﹤0.01% |
70,156
-1,086
| -2% | -$15.3K |
|
|
SDT
5267
DELISTED
SANDRIDGE MISSISSIPPIAN TRUST I
SDT
| $983K | ﹤0.01% |
74,396
+36,915
| +98% | +$490K |
|
5268
CALL
Cognex
CGNX
$10.2B
| $982K | ﹤0.01% |
62,600
+22,200
| +55% | +$311K |
|
|
RSXJ
5269
DELISTED
VanEck Russia Small-Cap ETF
RSXJ
| $982K | ﹤0.01% |
23,123
-5,876
| -20% | -$244K |
|
5270
PUT
JetBlue
JBLU
$1.81B
| $981K | ﹤0.01% |
147,300
+64,600
| +78% | +$417K |
|
|
ATW
5271
PUT
DELISTED
Atwood Oceanics
ATW
| $980K | ﹤0.01% |
+17,800
| New | +$1M |
|
5272
UGI
UGI
$8.15B
| $977K | ﹤0.01% |
37,437
+16,455
| +78% | +$441K |
|
|
ARR
5273
PUT
Armour Residential REIT
ARR
$2.31B
| $976K | ﹤0.01% |
5,810
-3,315
| -36% | -$569K |
|
5274
PUT
VanEck Biotech ETF
BBH
$460M
| $976K | ﹤0.01% |
11,800
+1,700
| +17% | +$133K |
|
|
WREI
5275
DELISTED
Invesco Wilshire US REIT ETF
WREI
| $975K | ﹤0.01% |
26,700
-41,997
| -61% | -$1.57M |
|
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.