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 | |
|---|---|---|---|---|---|---|
|
ENLC
5901
PUT
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $689K | ﹤0.01% |
33,000
+10,300
| +45% | +$208K |
|
5902
Associated Banc-Corp
ASB
$5.84B
| $688K | ﹤0.01% |
44,393
+33,329
| +301% | +$549K |
|
5903
Global X SuperDividend ETF
SDIV
$1.23B
| $688K | ﹤0.01% |
10,020
+1,452
| +17% | +$97.2K |
|
5904
RLI Corp
RLI
$5.9B
| $686K | ﹤0.01% |
31,396
+6,300
| +25% | +$129K |
|
5905
Northern Trust iBoxx 5-Year Target Duration TIPS ETF
TDTF
$1.04B
| $686K | ﹤0.01% |
27,270
-9,361
| -26% | -$234K |
|
5906
CALL
Tetra Tech
TTEK
$9.36B
| $686K | ﹤0.01% |
132,500
+2,000
| +2% | +$9.59K |
|
5907
Hovnanian Enterprises
HOV
$760M
| $685K | ﹤0.01% |
5,239
-8,468
| -62% | -$1.13M |
|
|
FEIC
5908
PUT
DELISTED
FEI COMPANY
FEIC
| $685K | ﹤0.01% |
7,800
-3,000
| -28% | -$239K |
|
5909
PUT
Leggett & Platt
LEG
| $684K | ﹤0.01% |
22,700
-7,700
| -25% | -$237K |
|
5910
CALL
Vanguard Consumer Staples ETF
VDC
$7.94B
| $684K | ﹤0.01% |
6,600
+2,300
| +53% | +$242K |
|
5911
CALL
Dolby
DLB
$5.76B
| $683K | ﹤0.01% |
19,800
-20,200
| -51% | -$671K |
|
5912
Carpenter Technology
CRS
$23.6B
| $682K | ﹤0.01% |
11,741
+3,240
| +38% | +$173K |
|
5913
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$431M
| $682K | ﹤0.01% |
18,465
-40,196
| -69% | -$1.42M |
|
|
AFAM
5914
CALL
DELISTED
Almost Family Inc
AFAM
| $682K | ﹤0.01% |
35,100
+1,600
| +5% | +$30.8K |
|
5915
CALL
Nordic American Tanker
NAT
$1.43B
| $680K | ﹤0.01% |
84,324
+21,055
| +33% | +$176K |
|
|
GHDX
5916
CALL
DELISTED
Genomic Health, Inc.
GHDX
| $679K | ﹤0.01% |
22,200
+12,700
| +134% | +$425K |
|
|
MM
5917
PUT
DELISTED
MILLENNIAL MEDIA INC COM STK (DE)
MM
| $679K | ﹤0.01% |
96,000
+46,900
| +96% | +$379K |
|
5918
PUT
Hormel Foods
HRL
$11.9B
| $678K | ﹤0.01% |
32,200
+15,800
| +96% | +$332K |
|
5919
Iridium Communications
IRDM
$4.94B
| $677K | ﹤0.01% |
98,487
+84,593
| +609% | +$633K |
|
5920
PUT
Methanex
MEOH
$4.46B
| $677K | ﹤0.01% |
13,200
-34,800
| -73% | -$1.65M |
|
|
CMO
5921
PUT
DELISTED
Capstead Mortgage Corp.
CMO
| $677K | ﹤0.01% |
+57,500
| New | +$680K |
|
|
KRA
5922
PUT
DELISTED
Kraton Corporation
KRA
| $676K | ﹤0.01% |
+34,500
| New | +$689K |
|
5923
CALL
Public Service Enterprise Group
PEG
$36.5B
| $675K | ﹤0.01% |
20,500
-78,600
| -79% | -$2.6M |
|
|
HNSN
5924
DELISTED
HANSEN MEDICAL, INC. COM NEW
HNSN
| $675K | ﹤0.01% |
37,705
-12,077
| -24% | -$190K |
|
5925
PUT
iShares Russell 1000 Growth ETF
IWF
$126B
| $673K | ﹤0.01% |
34,400
+14,400
| +72% | +$276K |
|
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.