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 | |
|---|---|---|---|---|---|---|
1351
PUT
Toll Brothers
TOL
$13.5B
| $16.5M | 0.01% |
508,800
-74,500
| -13% | -$2.41M |
|
1352
PUT
Cboe Global Markets
CBOE
$33.1B
| $16.5M | 0.01% |
364,400
+100,100
| +38% | +$4.75M |
|
1353
CALL
M&T Bank
MTB
$34.5B
| $16.4M | 0.01% |
146,900
+32,300
| +28% | +$3.74M |
|
|
LEAP
1354
CALL
DELISTED
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
| $16.4M | 0.01% |
1,038,300
+663,700
| +177% | +$9.89M |
|
|
SFD
1355
PUT
DELISTED
SMITHFIELD FOODS,INC
SFD
| $16.4M | 0.01% |
481,300
-159,900
| -25% | -$5.35M |
|
1356
CALL
Tyson Foods
TSN
$19.5B
| $16.4M | 0.01% |
578,500
+200,200
| +53% | +$5.8M |
|
1357
MGIC Investment
MTG
$6.42B
| $16.3M | 0.01% |
2,242,952
+416,866
| +23% | +$2.96M |
|
|
INVN
1358
DELISTED
Invensense Inc
INVN
| $16.3M | 0.01% |
924,566
+45,148
| +5% | +$763K |
|
|
AET
1359
DELISTED
Aetna Inc
AET
| $16.3M | 0.01% |
254,365
+72,799
| +40% | +$4.67M |
|
1360
iShares Core S&P 500 ETF
IVV
$899B
| $16.3M | 0.01% |
96,294
-18,267
| -16% | -$3.08M |
|
|
CONN
1361
CALL
DELISTED
Conn's Inc.
CONN
| $16.2M | 0.01% |
324,700
-60,300
| -16% | -$3.57M |
|
1362
PUT
Canadian Pacific Kansas City
CP
$82.8B
| $16.2M | 0.01% |
658,500
-158,000
| -19% | -$3.9M |
|
|
DO
1363
CALL
DELISTED
Diamond Offshore Drilling
DO
| $16.2M | 0.01% |
260,400
-49,700
| -16% | -$3.33M |
|
1364
CALL
MBIA
MBI
$249M
| $16.2M | 0.01% |
1,586,100
-2,171,800
| -58% | -$27.3M |
|
1365
CALL
Zimmer Biomet
ZBH
$19.3B
| $16.2M | 0.01% |
203,322
-9,064
| -4% | -$714K |
|
1366
PUT
Polaris
PII
$3.66B
| $16.2M | 0.01% |
125,400
-12,600
| -9% | -$1.41M |
|
1367
CALL
State Street
STT
$53.3B
| $16.2M | 0.01% |
246,300
-47,500
| -16% | -$3.25M |
|
|
SGEN
1368
DELISTED
Seagen Inc. Common Stock
SGEN
| $16.2M | 0.01% |
369,176
-13,284
| -3% | -$553K |
|
1369
PUT
Marvell Technology
MRVL
$219B
| $16.2M | 0.01% |
1,406,500
+248,500
| +21% | +$3.07M |
|
1370
CALL
DaVita
DVA
$11.4B
| $16.2M | 0.01% |
284,100
-43,900
| -13% | -$2.52M |
|
|
AXLL
1371
CALL
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $16.1M | 0.01% |
426,400
+244,900
| +135% | +$10.2M |
|
1372
AB InBev
BUD
$154B
| $16.1M | 0.01% |
162,426
+73,813
| +83% | +$7.03M |
|
1373
CALL
Sturm, Ruger & Co
RGR
$599M
| $16.1M | 0.01% |
257,000
+81,500
| +46% | +$4.38M |
|
1374
CALL
Angi Inc
ANGI
$190M
| $16.1M | 0.01% |
71,420
+43,220
| +153% | +$10.1M |
|
1375
iShares North American Natural Resources ETF
IGE
$772M
| $16.1M | 0.01% |
387,618
+374,350
| +2,821% | +$15.3M |
|
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.