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 | |
|---|---|---|---|---|---|---|
1701
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $11.8M | 0.01% |
307,300
-827,400
| -73% | -$30M |
|
|
TRW
1702
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $11.8M | 0.01% |
165,330
-32,470
| -16% | -$2.28M |
|
|
TTM
1703
PUT
DELISTED
Tata Motors Limited
TTM
| $11.8M | 0.01% |
442,400
+51,300
| +13% | +$1.26M |
|
|
WW
1704
DELISTED
WW International
WW
| $11.8M | 0.01% |
314,980
+229,078
| +267% | +$9.23M |
|
|
GNC
1705
CALL
DELISTED
GNC Holdings, Inc.
GNC
| $11.8M | 0.01% |
215,100
+3,300
| +2% | +$169K |
|
|
ITC
1706
CALL
DELISTED
ITC HOLDINGS CORP
ITC
| $11.8M | 0.01% |
375,600
+323,700
| +624% | +$9.83M |
|
1707
Range Resources
RRC
$9.62B
| $11.8M | 0.01% |
154,834
-161,854
| -51% | -$12.6M |
|
1708
PVH
PVH
$3.56B
| $11.7M | 0.01% |
98,940
-26,907
| -21% | -$3.45M |
|
1709
F5
FFIV
$23.1B
| $11.7M | 0.01% |
136,914
-137,877
| -50% | -$11.7M |
|
|
NVO
1710
Novo Nordisk
NVO
$204B
| $11.7M | 0.01% |
693,480
+233,370
| +51% | +$3.93M |
|
|
NPSP
1711
CALL
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $11.7M | 0.01% |
368,700
+27,300
| +8% | +$626K |
|
|
STJ
1712
DELISTED
St Jude Medical
STJ
| $11.7M | 0.01% |
218,455
+108,390
| +98% | +$5.58M |
|
|
SD
1713
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $11.7M | 0.01% |
1,998,591
+701,390
| +54% | +$3.76M |
|
|
SFLY
1714
PUT
DELISTED
Shutterfly, Inc.
SFLY
| $11.7M | 0.01% |
209,200
+183,900
| +727% | +$10.2M |
|
|
JASO
1715
PUT
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $11.7M | 0.01% |
1,148,200
+1,072,900
| +1,425% | +$9.09M |
|
1716
Pultegroup
PHM
$24.2B
| $11.7M | 0.01% |
706,648
+479,245
| +211% | +$8.17M |
|
|
AHD
1717
PUT
DELISTED
ATLAS ENERGY L P COM UNITS REPSTG LTD PARTNER INT (DE)
AHD
| $11.6M | 0.01% |
212,600
+21,500
| +11% | +$1.17M |
|
1718
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$196M
| $11.6M | 0.01% |
68,320
-97,400
| -59% | -$17.2M |
|
|
SNDK
1719
DELISTED
SANDISK CORP
SNDK
| $11.6M | 0.01% |
194,945
-13,538
| -6% | -$795K |
|
1720
Autodesk
ADSK
$56.9B
| $11.6M | 0.01% |
281,499
+133,874
| +91% | +$4.94M |
|
1721
PUT
Viatris
VTRS
$19.5B
| $11.6M | 0.01% |
303,500
-98,200
| -24% | -$3.46M |
|
1722
CALL
Franco-Nevada
FNV
$52.2B
| $11.6M | 0.01% |
255,400
+117,100
| +85% | +$4.98M |
|
1723
PUT
Celanese
CE
$4.88B
| $11.6M | 0.01% |
218,800
+26,800
| +14% | +$1.31M |
|
1724
CALL
iShares Select Dividend ETF
DVY
$23.8B
| $11.5M | 0.01% |
174,000
-143,600
| -45% | -$9.54M |
|
1725
Fluor
FLR
$7.2B
| $11.5M | 0.01% |
162,608
+48,566
| +43% | +$3.15M |
|
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.