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 | |
|---|---|---|---|---|---|---|
5276
ProShares Ultra Yen
YCL
$31.9M
| $974K | ﹤0.01% |
11,224
+6,858
| +157% | +$583K |
|
5277
ProShares Ultra Materials
UYM
$41.7M
| $973K | ﹤0.01% |
93,280
-11,912
| -11% | -$117K |
|
|
INFN
5278
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $973K | ﹤0.01% |
86,000
-89,000
| -51% | -$975K |
|
5279
CALL
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.9B
| $972K | ﹤0.01% |
15,000
+900
| +6% | +$56.9K |
|
5280
CALL
Monro
MNRO
$405M
| $972K | ﹤0.01% |
20,900
-30,400
| -59% | -$1.39M |
|
5281
PUT
Silicon Motion
SIMO
$8.33B
| $972K | ﹤0.01% |
74,400
+31,100
| +72% | +$351K |
|
5282
WEX
WEX
$6.72B
| $970K | ﹤0.01% |
11,057
-3,962
| -26% | -$335K |
|
5283
Cadence Design Systems
CDNS
$93.7B
| $969K | ﹤0.01% |
71,766
+55,766
| +349% | +$800K |
|
5284
CALL
Telephone and Data Systems
TDS
$3.87B
| $969K | ﹤0.01% |
32,800
+9,800
| +43% | +$269K |
|
|
HMSY
5285
CALL
DELISTED
HMS Holdings Corp.
HMSY
| $968K | ﹤0.01% |
45,000
+6,500
| +17% | +$159K |
|
|
FONE
5286
DELISTED
First Trust NASDAQ Smartphone Index Fund
FONE
| $968K | ﹤0.01% |
30,241
+6,632
| +28% | +$201K |
|
|
SDR
5287
DELISTED
SANDRIDGE MISSISSIPPIAN TRUST II
SDR
| $967K | ﹤0.01% |
73,921
+36,555
| +98% | +$500K |
|
|
WES
5288
DELISTED
Western Gas Partners Lp
WES
| $967K | ﹤0.01% |
16,075
-15,041
| -48% | -$913K |
|
5289
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.4B
| $966K | ﹤0.01% |
1,350,000
+247,500
| +22% | +$164K |
|
|
AUQ
5290
DELISTED
AURICO GOLD INC COM
AUQ
| $966K | ﹤0.01% |
253,416
-355,699
| -58% | -$1.6M |
|
5291
Dine Brands
DIN
$425M
| $965K | ﹤0.01% |
13,981
-5,749
| -29% | -$394K |
|
5292
CALL
ON Semiconductor
ON
$28.3B
| $965K | ﹤0.01% |
132,200
+37,800
| +40% | +$290K |
|
5293
PUT
TD Synnex
SNX
$20.3B
| $965K | ﹤0.01% |
31,400
+21,000
| +202% | +$536K |
|
5294
CALL
Carter's
CRI
$1.23B
| $964K | ﹤0.01% |
12,700
-5,300
| -29% | -$387K |
|
|
CHIC
5295
DELISTED
Global X MSCI China Communication Services ETF
CHIC
| $963K | ﹤0.01% |
47,552
+4,922
| +12% | +$91.8K |
|
5296
CALL
Novavax
NVAX
$1.53B
| $962K | ﹤0.01% |
15,220
+9,310
| +158% | +$524K |
|
5297
CALL
RPC Inc
RES
$1.42B
| $962K | ﹤0.01% |
62,200
+34,200
| +122% | +$501K |
|
|
FRC
5298
DELISTED
First Republic Bank
FRC
| $961K | ﹤0.01% |
+20,611
| New | +$903K |
|
|
PUW
5299
DELISTED
Invesco WilderHill Progressive Energy ETF
PUW
| $961K | ﹤0.01% |
33,243
+19,366
| +140% | +$551K |
|
|
HILO
5300
DELISTED
Columbia EM Quality Dividend ETF
HILO
| $960K | ﹤0.01% |
53,981
+39,462
| +272% | +$715K |
|
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.