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 | |
|---|---|---|---|---|---|---|
|
PHH
5851
DELISTED
PHH Corporation
PHH
| $703K | ﹤0.01% |
29,600
+3,591
| +14% | +$79.6K |
|
|
NTP
5852
CALL
DELISTED
Nam Tai Property Inc.
NTP
| $703K | ﹤0.01% |
90,400
+73,100
| +423% | +$546K |
|
|
POM
5853
PUT
DELISTED
PEPCO HOLDINGS, INC.
POM
| $703K | ﹤0.01% |
38,100
+26,600
| +231% | +$517K |
|
5854
First Trust Energy AlphaDEX Fund
FXN
$398M
| $702K | ﹤0.01% |
+30,597
| New | +$691K |
|
5855
PUT
ProShares Short Russell2000
RWM
$104M
| $702K | ﹤0.01% |
9,500
-925
| -9% | -$71K |
|
5856
CALL
Diodes
DIOD
$4.05B
| $701K | ﹤0.01% |
+28,600
| New | +$743K |
|
5857
CALL
Northwest Natural Holdings
NWN
$2.08B
| $701K | ﹤0.01% |
16,700
+5,000
| +43% | +$213K |
|
5858
CALL
Schwab US REIT ETF
SCHH
$11.3B
| $701K | ﹤0.01% |
+45,400
| New | +$719K |
|
|
ORAN
5859
PUT
DELISTED
Orange
ORAN
| $701K | ﹤0.01% |
56,000
-46,900
| -46% | -$491K |
|
|
DWRE
5860
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $701K | ﹤0.01% |
15,137
-3,574
| -19% | -$161K |
|
5861
CALL
State Street SPDR S&P International Dividend ETF
DWX
$527M
| $700K | ﹤0.01% |
15,000
+6,200
| +70% | +$281K |
|
|
GAU
5862
Galiano Gold
GAU
$599M
| $700K | ﹤0.01% |
304,193
-84,784
| -22% | -$223K |
|
|
AZIA
5863
DELISTED
GLOBAL X CENTRAL ASIA & MONGOLIA ETF
AZIA
| $700K | ﹤0.01% |
50,000
| – | – |
|
|
STRZA
5864
PUT
DELISTED
Starz - Series A
STRZA
| $700K | ﹤0.01% |
24,900
+12,600
| +102% | +$311K |
|
5865
Aecom
ACM
$8.9B
| $699K | ﹤0.01% |
22,349
-24,089
| -52% | -$754K |
|
5866
PUT
Alkermes
ALKS
$7.95B
| $699K | ﹤0.01% |
20,800
-24,100
| -54% | -$784K |
|
5867
PUT
AMC Global Media
AMCX
$522M
| $699K | ﹤0.01% |
10,200
+5,700
| +127% | +$378K |
|
5868
Clean Harbors
CLH
$16.4B
| $699K | ﹤0.01% |
11,916
-11,312
| -49% | -$631K |
|
|
LITS
5869
Lite Strategy Inc
LITS
$33.4M
| $699K | ﹤0.01% |
+3,082
| New | +$482K |
|
|
MFA
5870
PUT
MFA Financial
MFA
$893M
| $699K | ﹤0.01% |
23,450
+11,500
| +96% | +$353K |
|
5871
CALL
BWX Technologies
BWXT
$14B
| $698K | ﹤0.01% |
28,939
-18,453
| -39% | -$418K |
|
5872
CALL
Everest Group
EG
$14.5B
| $698K | ﹤0.01% |
4,800
-11,800
| -71% | -$1.6M |
|
5873
PUT
iShares MSCI Taiwan ETF
EWT
$11.7B
| $698K | ﹤0.01% |
24,900
+650
| +3% | +$17.8K |
|
|
RUSL
5874
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $698K | ﹤0.01% |
2,127
-8,033
| -79% | -$2.33M |
|
|
CMO
5875
CALL
DELISTED
Capstead Mortgage Corp.
CMO
| $698K | ﹤0.01% |
59,300
+32,100
| +118% | +$380K |
|
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.