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 | |
|---|---|---|---|---|---|---|
1576
CALL
Trinity Industries
TRN
$2.32B
| $13.1M | 0.01% |
804,787
+285,023
| +55% | +$4.21M |
|
1577
PUT
iShares MSCI Australia ETF
EWA
$1.34B
| $13.1M | 0.01% |
519,400
+299,400
| +136% | +$7.2M |
|
|
ITC
1578
PUT
DELISTED
ITC HOLDINGS CORP
ITC
| $13.1M | 0.01% |
419,400
+353,400
| +535% | +$10.7M |
|
1579
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.8B
| $13.1M | 0.01% |
882,200
+748,700
| +561% | +$10.7M |
|
1580
PUT
Aptiv
APTV
$9.67B
| $13.1M | 0.01% |
224,200
+124,800
| +126% | +$6.93M |
|
1581
CALL
Vanda Pharmaceuticals
VNDA
$328M
| $13.1M | 0.01% |
1,193,700
+604,500
| +103% | +$6.46M |
|
|
SPLK
1582
PUT
DELISTED
Splunk Inc
SPLK
| $13.1M | 0.01% |
218,100
+157,400
| +259% | +$8.37M |
|
1583
PUT
PBF Energy
PBF
$8.06B
| $13.1M | 0.01% |
582,600
+103,800
| +22% | +$2.35M |
|
1584
VeriSign
VRSN
$26.8B
| $13.1M | 0.01% |
256,922
+130,214
| +103% | +$6.29M |
|
1585
PUT
Jazz Pharmaceuticals
JAZZ
$16.1B
| $13.1M | 0.01% |
142,000
+13,500
| +11% | +$1.09M |
|
1586
CALL
World Acceptance Corp
WRLD
$901M
| $13.1M | 0.01% |
145,200
+128,200
| +754% | +$10.9M |
|
1587
PUT
O'Reilly Automotive
ORLY
$71.3B
| $13M | 0.01% |
1,530,000
+396,000
| +35% | +$3.24M |
|
|
RVBD
1588
PUT
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $13M | 0.01% |
891,300
-40,000
| -4% | -$640K |
|
1589
CALL
Central Pacific Financial
CPF
$966M
| $13M | 0.01% |
733,900
-6,900
| -0.9% | -$124K |
|
1590
Assured Guaranty
AGO
$3.32B
| $13M | 0.01% |
692,434
+455,918
| +193% | +$9.64M |
|
|
FL
1591
CALL
DELISTED
Foot Locker
FL
| $13M | 0.01% |
382,100
+20,700
| +6% | +$718K |
|
1592
CALL
Williams-Sonoma
WSM
$28.7B
| $12.9M | 0.01% |
460,200
+197,200
| +75% | +$5.71M |
|
|
PLCM
1593
DELISTED
POLYCOM INC
PLCM
| $12.9M | 0.01% |
1,182,984
+80,775
| +7% | +$842K |
|
|
FAZ
1594
CALL
Direxion Daily Financial Bear 3x ETF
FAZ
$88.5M
| $12.9M | 0.01% |
192
+25
| +15% | +$1.19M |
|
1595
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $12.9M | 0.01% |
839,865
+502,902
| +149% | +$7.79M |
|
1596
CALL
American Electric Power
AEP
$66.8B
| $12.9M | 0.01% |
296,600
+122,100
| +70% | +$5.43M |
|
|
ESV
1597
DELISTED
Ensco Rowan plc
ESV
| $12.8M | 0.01% |
59,752
+35,218
| +144% | +$8.08M |
|
1598
CALL
Crown Castle
CCI
$32.1B
| $12.8M | 0.01% |
175,800
+54,500
| +45% | +$3.9M |
|
1599
CALL
Universal Display
OLED
$4.01B
| $12.8M | 0.01% |
400,700
+76,900
| +24% | +$2.46M |
|
1600
CALL
Fastenal
FAST
$58.6B
| $12.8M | 0.01% |
1,019,600
-167,600
| -14% | -$1.99M |
|
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.