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 | |
|---|---|---|---|---|---|---|
5526
CALL
Axos Financial
AX
$5.55B
| $850K | ﹤0.01% |
+52,400
| New | +$781K |
|
5527
Viavi Solutions
VIAV
$9.02B
| $850K | ﹤0.01% |
101,598
-553,006
| -84% | -$4.55M |
|
5528
CALL
Arq
ARQ
$94.3M
| $850K | ﹤0.01% |
39,800
+26,400
| +197% | +$544K |
|
|
APAGF
5529
DELISTED
APCO OIL AND GAS INTERNATIONAL INC
APAGF
| $850K | ﹤0.01% |
59,624
-8,910
| -13% | -$127K |
|
5530
CALL
Global X Silver Miners ETF NEW
SIL
$5.38B
| $849K | ﹤0.01% |
21,433
-12,900
| -38% | -$535K |
|
5531
CALL
Invesco DB Oil Fund
DBO
$258M
| $848K | ﹤0.01% |
30,900
+5,800
| +23% | +$159K |
|
5532
CALL
Kirby Corp
KEX
$7.34B
| $848K | ﹤0.01% |
9,800
-9,200
| -48% | -$772K |
|
5533
NewMarket
NEU
$8.41B
| $847K | ﹤0.01% |
2,941
-6,666
| -69% | -$1.85M |
|
5534
CALL
W&T Offshore
WTI
$539M
| $847K | ﹤0.01% |
47,800
+23,100
| +94% | +$373K |
|
5535
CALL
Cedar Fair
FUN
$1.66B
| $846K | ﹤0.01% |
19,400
-3,200
| -14% | -$138K |
|
5536
CALL
Host Hotels & Resorts
HST
$15.3B
| $846K | ﹤0.01% |
47,900
-500
| -1% | -$8.87K |
|
5537
CALL
Semtech
SMTC
$12.2B
| $846K | ﹤0.01% |
28,200
+13,000
| +86% | +$410K |
|
|
FFG
5538
DELISTED
FBL Financial Group
FFG
| $846K | ﹤0.01% |
18,836
| – | – |
|
|
AXAS
5539
DELISTED
Abraxas Petroleum Corp
AXAS
| $846K | ﹤0.01% |
16,453
+15,939
| +3,101% | +$789K |
|
5540
California Water Service
CWT
$3.12B
| $844K | ﹤0.01% |
+41,541
| New | +$855K |
|
5541
PUT
Gogo Inc
GOGO
$369M
| $844K | ﹤0.01% |
+47,500
| New | +$622K |
|
5542
PUT
Murphy USA
MUSA
$9.25B
| $844K | ﹤0.01% |
+20,900
| New | +$836K |
|
|
PRGN
5543
DELISTED
PARAGON SHIPPING INC CL A NEW (MHL)
PRGN
| $844K | ﹤0.01% |
+3,843
| New | +$795K |
|
5544
PUT
Carpenter Technology
CRS
$23.6B
| $842K | ﹤0.01% |
14,500
+6,200
| +75% | +$331K |
|
|
GAU
5545
PUT
Galiano Gold
GAU
$599M
| $842K | ﹤0.01% |
365,900
-900
| -0.2% | -$2.37K |
|
5546
State Street SPDR S&P Insurance ETF
KIE
$709M
| $842K | ﹤0.01% |
44,514
-893,658
| -95% | -$16.7M |
|
5547
Movado Group
MOV
$769M
| $842K | ﹤0.01% |
+19,250
| New | +$754K |
|
5548
ProShares Ultra Bloomberg Crude Oil
UCO
$387M
| $842K | ﹤0.01% |
388
-784
| -67% | -$1.78M |
|
5549
CALL
Dentsply Sirona
XRAY
$2.22B
| $842K | ﹤0.01% |
19,400
-63,200
| -77% | -$2.7M |
|
|
RPAI
5550
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $842K | ﹤0.01% |
+61,224
| New | +$869K |
|
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.