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 | |
|---|---|---|---|---|---|---|
5551
State Street SPDR S&P Capital Markets ETF
KCE
$488M
| $841K | ﹤0.01% |
+19,700
| New | +$840K |
|
5552
PUT
CoStar Group
CSGP
$13.1B
| $840K | ﹤0.01% |
+50,000
| New | +$767K |
|
5553
CALL
SLR Investment Corp
SLRC
$683M
| $840K | ﹤0.01% |
+37,900
| New | +$856K |
|
|
UTIW
5554
DELISTED
UTI WORLDWIDE INC
UTIW
| $840K | ﹤0.01% |
+55,643
| New | +$902K |
|
5555
PUT
Alerian MLP ETF
AMLP
$13.4B
| $839K | ﹤0.01% |
9,540
-94,280
| -91% | -$8.32M |
|
|
SLH
5556
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $839K | ﹤0.01% |
15,876
+7,142
| +82% | +$391K |
|
5557
PUT
Greif
GEF
$4.78B
| $838K | ﹤0.01% |
17,100
-14,500
| -46% | -$780K |
|
5558
PUT
Insmed
INSM
$25.9B
| $838K | ﹤0.01% |
53,700
-39,600
| -42% | -$503K |
|
5559
PUT
USA Compression Partners
USAC
$3.9B
| $838K | ﹤0.01% |
35,200
-20,300
| -37% | -$497K |
|
5560
CALL
Vanguard Health Care ETF
VHT
$19.3B
| $838K | ﹤0.01% |
9,000
+400
| +5% | +$36.7K |
|
|
FGEM
5561
DELISTED
EGSHARES FINANCIALS GEMS ETF
FGEM
| $837K | ﹤0.01% |
42,218
+5,661
| +15% | +$110K |
|
5562
CALL
Wabtec
WAB
$49.4B
| $836K | ﹤0.01% |
13,300
-34,100
| -72% | -$2M |
|
|
MM
5563
DELISTED
MILLENNIAL MEDIA INC COM STK (DE)
MM
| $836K | ﹤0.01% |
+118,204
| New | +$956K |
|
5564
Federated Hermes
FHI
$4.81B
| $835K | ﹤0.01% |
+30,750
| New | +$874K |
|
|
AH
5565
CALL
DELISTED
Accretive Health
AH
| $834K | ﹤0.01% |
91,400
+800
| +0.9% | +$7.95K |
|
5566
iShares MSCI Hong Kong ETF
EWH
$1.26B
| $833K | ﹤0.01% |
41,578
-1,243,314
| -97% | -$24M |
|
|
AF
5567
DELISTED
Astoria Financial Corporation
AF
| $833K | ﹤0.01% |
66,939
+234
| +0.4% | +$2.89K |
|
5568
CALL
Silicon Motion
SIMO
$8.33B
| $832K | ﹤0.01% |
63,700
-158,500
| -71% | -$1.79M |
|
|
BRZS
5569
DELISTED
DIREXION DAILY BRAZIL BEAR 3X SHARES
BRZS
| $832K | ﹤0.01% |
17,274
-5,536
| -24% | -$360K |
|
5570
PUT
Casey's General Stores
CASY
$28B
| $831K | ﹤0.01% |
11,300
+5,600
| +98% | +$380K |
|
5571
PUT
DTE Energy
DTE
$28.3B
| $831K | ﹤0.01% |
14,805
-1,058
| -7% | -$61.3K |
|
5572
CALL
Pool Corp
POOL
$6.83B
| $831K | ﹤0.01% |
14,800
+8,500
| +135% | +$460K |
|
5573
CALL
iShares MSCI ACWI ETF
ACWI
$33.3B
| $830K | ﹤0.01% |
+15,400
| New | +$810K |
|
5574
CALL
Braskem
BAK
$669M
| $829K | ﹤0.01% |
52,000
-13,100
| -20% | -$201K |
|
5575
PUT
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.31B
| $829K | ﹤0.01% |
28,400
-4,000
| -12% | -$114K |
|
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.