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 | |
|---|---|---|---|---|---|---|
1551
iShares Russell 2000 Growth ETF
IWO
$15B
| $13.5M | 0.01% |
106,984
-48,493
| -31% | -$5.84M |
|
1552
CALL
ResMed
RMD
$34B
| $13.5M | 0.01% |
254,800
+93,200
| +58% | +$4.52M |
|
|
YOKU
1553
CALL
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $13.5M | 0.01% |
491,100
+392,700
| +399% | +$9M |
|
|
FM
1554
DELISTED
iShares Frontier and Select EM ETF
FM
| $13.4M | 0.01% |
426,846
+373,460
| +700% | +$11.6M |
|
1555
Elevance Health
ELV
$87.3B
| $13.4M | 0.01% |
160,853
-178,054
| -53% | -$15.3M |
|
|
MDVN
1556
DELISTED
MEDIVATION, INC.
MDVN
| $13.4M | 0.01% |
448,228
+232,356
| +108% | +$6.63M |
|
1557
CALL
Aon
AON
$75.1B
| $13.4M | 0.01% |
180,000
+54,100
| +43% | +$3.71M |
|
|
INVN
1558
CALL
DELISTED
Invensense Inc
INVN
| $13.4M | 0.01% |
760,100
+253,600
| +50% | +$4.28M |
|
|
SCTY
1559
DELISTED
SolarCity Corporation
SCTY
| $13.3M | 0.01% |
384,974
+308,964
| +406% | +$11.6M |
|
|
VMW
1560
DELISTED
VMware, Inc
VMW
| $13.3M | 0.01% |
164,557
-198,384
| -55% | -$16M |
|
1561
PUT
Align Technology
ALGN
$11.3B
| $13.3M | 0.01% |
276,300
+87,900
| +47% | +$3.84M |
|
|
LKM
1562
CALL
DELISTED
Link Motion Inc.
LKM
| $13.3M | 0.01% |
610,000
+557,900
| +1,071% | +$9.07M |
|
1563
Radian Group
RDN
$4.87B
| $13.3M | 0.01% |
952,006
+470,964
| +98% | +$6.29M |
|
1564
iShares Core MSCI EAFE ETF
IEFA
$196B
| $13.3M | 0.01% |
229,977
+154,236
| +204% | +$8.51M |
|
1565
PUT
Zions Bancorporation
ZION
$9.97B
| $13.2M | 0.01% |
483,100
-26,800
| -5% | -$782K |
|
1566
PUT
Westlake Corp
WLK
$9.53B
| $13.2M | 0.01% |
252,800
-74,000
| -23% | -$3.77M |
|
1567
CALL
Check Point Software Technologies
CHKP
$13.2B
| $13.2M | 0.01% |
233,700
+25,200
| +12% | +$1.42M |
|
|
VALE.P
1568
DELISTED
Vale S A
VALE.P
| $13.2M | 0.01% |
929,562
-907,242
| -49% | -$12M |
|
|
UNXL
1569
PUT
DELISTED
Uni-Pixel, Inc.
UNXL
| $13.2M | 0.01% |
744,500
-31,200
| -4% | -$497K |
|
|
SI
1570
CALL
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $13.2M | 0.01% |
109,500
-52,000
| -32% | -$5.79M |
|
|
IFN
1571
Aberdeen India Fund
IFN
$489M
| $13.2M | 0.01% |
+688,293
| New | +$13.3M |
|
1572
United States Oil Fund
USO
$1.99B
| $13.2M | 0.01% |
44,703
+18,895
| +73% | +$5.7M |
|
|
CS
1573
PUT
DELISTED
Credit Suisse Group
CS
| $13.2M | 0.01% |
430,700
+144,300
| +50% | +$4.29M |
|
1574
CALL
Protolabs
PRLB
$1.89B
| $13.1M | 0.01% |
172,100
+98,700
| +134% | +$6.83M |
|
1575
Principal Financial Group
PFG
$24B
| $13.1M | 0.01% |
306,819
+34,697
| +13% | +$1.45M |
|
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 Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
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.