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 | Technology | 3.9% |
| 2 | Financials | 1.72% |
| 3 | Consumer Discretionary | 1.47% |
| 4 | Energy | 1.36% |
| 5 | Healthcare | 1.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
PUT
Parker-Hannifin
PH
$131B
| $18.2M | 0.01% |
167,200
+64,100
| +62% | +$6.6M |
|
|
EVEP
1277
PUT
DELISTED
EV Energy Partners, L.P.
EVEP
| $18.1M | 0.01% |
488,600
-183,600
| -27% | -$7.01M |
|
|
OCR
1278
DELISTED
OMNICARE INC
OCR
| $18.1M | 0.01% |
325,706
+59,087
| +22% | +$3.15M |
|
1279
CALL
ProShares UltraShort Energy
DUG
$27.8M
| $18M | 0.01% |
15,545
-6,040
| -28% | -$7.2M |
|
|
KMR
1280
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $18M | 0.01% |
261,779
+213,749
| +445% | +$15.7M |
|
|
NTI
1281
PUT
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $18M | 0.01% |
914,200
+479,400
| +110% | +$10.6M |
|
|
RTN
1282
PUT
DELISTED
Raytheon Company
RTN
| $18M | 0.01% |
233,800
+22,100
| +10% | +$1.64M |
|
1283
CALL
Urban Outfitters
URBN
$7.1B
| $18M | 0.01% |
489,900
+198,300
| +68% | +$8.14M |
|
1284
Vertex Pharmaceuticals
VRTX
$139B
| $17.9M | 0.01% |
236,693
+46,535
| +24% | +$3.7M |
|
1285
PUT
Intuit
INTU
$94.6B
| $17.9M | 0.01% |
270,600
-17,600
| -6% | -$1.13M |
|
|
CS
1286
CALL
DELISTED
Credit Suisse Group
CS
| $17.9M | 0.01% |
586,800
-108,600
| -16% | -$3.23M |
|
1287
PENN Entertainment
PENN
$2.39B
| $17.9M | 0.01% |
+1,426,205
| New | +$17.2M |
|
|
CERN
1288
PUT
DELISTED
Cerner Corp
CERN
| $17.9M | 0.01% |
339,700
-383,100
| -53% | -$18.7M |
|
1289
PUT
TJX Companies
TJX
$151B
| $17.8M | 0.01% |
631,400
-115,200
| -15% | -$3.07M |
|
1290
CALL
Radian Group
RDN
$4.87B
| $17.8M | 0.01% |
1,276,600
+199,900
| +19% | +$2.67M |
|
|
TIVO
1291
CALL
DELISTED
TIVO INC
TIVO
| $17.8M | 0.01% |
1,429,200
+28,600
| +2% | +$330K |
|
1292
PUT
Weyerhaeuser
WY
$17.4B
| $17.8M | 0.01% |
620,200
-11,600
| -2% | -$328K |
|
1293
Flowserve
FLS
$10.5B
| $17.7M | 0.01% |
284,311
+4,021
| +1% | +$233K |
|
1294
CALL
Conagra Brands
CAG
$7.77B
| $17.7M | 0.01% |
749,669
+361,470
| +93% | +$9.75M |
|
1295
PUT
Sturm, Ruger & Co
RGR
$611M
| $17.7M | 0.01% |
282,600
+8,600
| +3% | +$462K |
|
|
RHT
1296
DELISTED
Red Hat Inc
RHT
| $17.7M | 0.01% |
383,502
+130,137
| +51% | +$6.6M |
|
|
RKT
1297
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $17.7M | 0.01% |
349,280
+43,378
| +14% | +$2.42M |
|
|
EZCH
1298
PUT
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $17.7M | 0.01% |
717,000
+512,400
| +250% | +$14.4M |
|
1299
PUT
Avis
CAR
$5.09B
| $17.6M | 0.01% |
611,600
+141,100
| +30% | +$4.22M |
|
1300
CALL
MGIC Investment
MTG
$6.42B
| $17.6M | 0.01% |
2,419,600
+1,073,000
| +80% | +$7.62M |
|
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's Q3 2013 filing shows 1,211 new, 3,709 increased, 3,282 reduced and 982 closed positions. Its largest new stake was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $6.73B.
By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.