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 | |
|---|---|---|---|---|---|---|
7051
Petrobras Class A
PBR.A
$107B
| $325K | ﹤0.01% |
19,452
-16,027
| -45% | -$242K |
|
7052
PUT
Power Integrations
POWI
$3.09B
| $325K | ﹤0.01% |
12,000
+800
| +7% | +$20.7K |
|
|
LORL
7053
CALL
DELISTED
Loral Space and Communications, Inc.
LORL
| $325K | ﹤0.01% |
4,800
+400
| +9% | +$25.9K |
|
|
BLT
7054
CALL
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $325K | ﹤0.01% |
26,800
+14,900
| +125% | +$182K |
|
7055
PUT
Rigel Pharmaceuticals
RIGL
$875M
| $324K | ﹤0.01% |
9,060
+5,720
| +171% | +$209K |
|
7056
PUT
Talphera
TLPH
$63.8M
| $324K | ﹤0.01% |
1,505
+465
| +45% | +$101K |
|
|
JMBA
7057
DELISTED
Jamba, Inc.
JMBA
| $324K | ﹤0.01% |
+24,196
| New | +$341K |
|
|
PRKR
7058
PUT
DELISTED
Parkervision Inc
PRKR
| $323K | ﹤0.01% |
9,650
+8,260
| +594% | +$331K |
|
|
SMI
7059
DELISTED
Semiconductor Manufacturing Intl
SMI
| $323K | ﹤0.01% |
+93,098
| New | +$352K |
|
7060
PUT
Aegon
AEG
$13.6B
| $322K | ﹤0.01% |
64,074
+40,506
| +172% | +$207K |
|
7061
Chemed
CHE
$6.8B
| $322K | ﹤0.01% |
4,500
-14,200
| -76% | -$1.01M |
|
7062
FTI Consulting
FCN
$4.2B
| $322K | ﹤0.01% |
8,523
-16,220
| -66% | -$575K |
|
7063
Matrix Service
MTRX
$307M
| $322K | ﹤0.01% |
16,400
-9,124
| -36% | -$153K |
|
7064
Grupo SIMEC
SIM
$4.65B
| $322K | ﹤0.01% |
26,954
+13,776
| +105% | +$164K |
|
7065
Old Dominion Freight Line
ODFL
$41.5B
| $321K | ﹤0.01% |
20,907
-281,610
| -93% | -$4.19M |
|
|
CONE
7066
PUT
DELISTED
CyrusOne Inc Common Stock
CONE
| $321K | ﹤0.01% |
16,900
+7,000
| +71% | +$140K |
|
7067
PUT
Wolverine World Wide
WWW
$1.62B
| $320K | ﹤0.01% |
11,000
-800
| -7% | -$22.8K |
|
|
TPC
7068
Tutor Perini Cor
TPC
$4.83B
| $320K | ﹤0.01% |
+15,018
| New | +$290K |
|
|
CLVS
7069
DELISTED
Clovis Oncology, Inc.
CLVS
| $320K | ﹤0.01% |
5,257
-5,644
| -52% | -$400K |
|
|
NORW
7070
DELISTED
Global X MSCI Norway ETF
NORW
| $320K | ﹤0.01% |
+20,445
| New | +$320K |
|
7071
HEICO Corp
HEI
$47.1B
| $319K | ﹤0.01% |
14,392
-31,082
| -68% | -$610K |
|
|
SUP
7072
CALL
DELISTED
Superior Industries International
SUP
| $319K | ﹤0.01% |
17,900
+2,200
| +14% | +$39.5K |
|
7073
PUT
WPP
WPP
$5.6B
| $319K | ﹤0.01% |
3,100
-6,700
| -68% | -$630K |
|
|
ABMD
7074
DELISTED
Abiomed Inc
ABMD
| $319K | ﹤0.01% |
+16,747
| New | +$383K |
|
|
MKTG
7075
DELISTED
RESPONSYS INC COM STK (CA)
MKTG
| $319K | ﹤0.01% |
19,309
+1,580
| +9% | +$23.3K |
|
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.