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 | |
|---|---|---|---|---|---|---|
1851
PUT
iShares S&P Small-Cap 600 Value ETF
IJS
$8.31B
| $10.2M | 0.01% |
200,400
+127,400
| +175% | +$6.34M |
|
|
CTB
1852
DELISTED
Cooper Tire & Rubber Co.
CTB
| $10.2M | 0.01% |
332,036
+208,759
| +169% | +$6.8M |
|
1853
Bunge Global
BG
$21.4B
| $10.2M | 0.01% |
134,587
-155
| -0.1% | -$11.7K |
|
1854
PUT
Perrigo
PRGO
$1.99B
| $10.2M | 0.01% |
82,800
+78,000
| +1,625% | +$9.73M |
|
1855
CALL
Marriott International
MAR
$92.3B
| $10.2M | 0.01% |
242,700
+42,300
| +21% | +$1.75M |
|
|
NFX
1856
DELISTED
Newfield Exploration
NFX
| $10.2M | 0.01% |
372,880
+155,367
| +71% | +$3.89M |
|
1857
PUT
Vornado Realty Trust
VNO
$7.23B
| $10.2M | 0.01% |
165,936
-70,256
| -30% | -$4.35M |
|
1858
CALL
ProShares UltraPro QQQ
TQQQ
$36.9B
| $10.2M | 0.01% |
10,848,000
-739,200
| -6% | -$624K |
|
|
BEAM
1859
PUT
DELISTED
BEAM INC COM STK (DE)
BEAM
| $10.2M | 0.01% |
157,400
+116,900
| +289% | +$7.5M |
|
1860
Check Point Software Technologies
CHKP
$13.6B
| $10.2M | 0.01% |
179,863
+54,872
| +44% | +$3.08M |
|
1861
CALL
Advanced Micro Devices
AMD
$778B
| $10.2M | 0.01% |
2,666,800
-835,900
| -24% | -$3.18M |
|
1862
CALL
PENN Entertainment
PENN
$2.33B
| $10.1M | 0.01% |
808,967
+420,628
| +108% | +$5.07M |
|
1863
CALL
United States Gasoline Fund
UGA
$142M
| $10.1M | 0.01% |
180,500
+87,200
| +93% | +$5.21M |
|
1864
CALL
J.M. Smucker
SJM
$14.1B
| $10.1M | 0.01% |
96,300
+52,300
| +119% | +$5.66M |
|
|
SN
1865
CALL
DELISTED
Sanchez Energy Corporation
SN
| $10.1M | 0.01% |
383,000
-124,100
| -24% | -$2.94M |
|
|
BRY
1866
PUT
DELISTED
BERRY PETROLEUM CO CL A
BRY
| $10.1M | 0.01% |
234,400
-84,100
| -26% | -$3.5M |
|
1867
Vulcan Materials
VMC
$35.5B
| $10.1M | 0.01% |
195,067
+108,650
| +126% | +$5.37M |
|
|
SIAL
1868
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $10.1M | 0.01% |
118,425
+1,399
| +1% | +$118K |
|
|
NPSP
1869
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $10.1M | 0.01% |
317,539
+198,901
| +168% | +$4.56M |
|
1870
CALL
W.P. Carey
WPC
$16B
| $10.1M | 0.01% |
159,276
+95,770
| +151% | +$6.3M |
|
1871
TJX Companies
TJX
$148B
| $10.1M | 0.01% |
357,374
-137,370
| -28% | -$3.66M |
|
1872
CALL
ProShares Ultra Silver
AGQ
$1.67B
| $10.1M | 0.01% |
125,450
+51,100
| +69% | +$4.11M |
|
|
OUTR
1873
DELISTED
OUTERWALL INC
OUTR
| $10M | 0.01% |
200,711
+33,696
| +20% | +$1.98M |
|
|
SA
1874
PUT
Seabridge Gold
SA
$3.67B
| $10M | 0.01% |
958,500
+179,500
| +23% | +$2.21M |
|
1875
Gen Digital
GEN
$18.3B
| $10M | 0.01% |
404,923
-413,885
| -51% | -$10.4M |
|
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.