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 | |
|---|---|---|---|---|---|---|
|
NYX
1976
PUT
DELISTED
NYSE EURONEXT INC
NYX
| $9.17M | ﹤0.01% |
218,500
-45,000
| -17% | -$1.89M |
|
|
JIVE
1977
DELISTED
Jive Software, Inc.
JIVE
| $9.14M | ﹤0.01% |
731,034
+418,439
| +134% | +$6.01M |
|
|
BYI
1978
PUT
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $9.12M | ﹤0.01% |
126,600
+110,600
| +691% | +$7.79M |
|
|
SGI
1979
PUT
Somnigroup International
SGI
$13.1B
| $9.11M | ﹤0.01% |
829,200
-788,400
| -49% | -$8.18M |
|
1980
ManpowerGroup
MAN
$2.89B
| $9.11M | ﹤0.01% |
125,194
+35,875
| +40% | +$2.4M |
|
|
LKM
1981
PUT
DELISTED
Link Motion Inc.
LKM
| $9.09M | ﹤0.01% |
417,300
+311,300
| +294% | +$5.06M |
|
1982
PUT
BioMarin Pharmaceuticals
BMRN
$12.6B
| $9.09M | ﹤0.01% |
125,800
+26,800
| +27% | +$1.78M |
|
|
NILE
1983
PUT
DELISTED
Blue Nile, Inc.
NILE
| $9.07M | ﹤0.01% |
221,700
-55,900
| -20% | -$2.15M |
|
|
KERX
1984
CALL
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $9.07M | ﹤0.01% |
897,600
+410,500
| +84% | +$3.65M |
|
1985
Prudential Financial
PRU
$41.5B
| $9.04M | ﹤0.01% |
115,974
+50,878
| +78% | +$3.99M |
|
|
BWLD
1986
PUT
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $9.02M | ﹤0.01% |
81,100
+25,300
| +45% | +$2.66M |
|
1987
CoStar Group
CSGP
$12.7B
| $9.01M | ﹤0.01% |
536,750
+93,290
| +21% | +$1.43M |
|
|
ETFC
1988
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $9M | ﹤0.01% |
545,300
-288,000
| -35% | -$4.3M |
|
|
EEP
1989
PUT
DELISTED
Enbridge Energy Partners
EEP
| $8.99M | ﹤0.01% |
295,300
+100,600
| +52% | +$3.09M |
|
1990
PUT
America Movil
AMX
$70.4B
| $8.97M | ﹤0.01% |
453,000
-10,000
| -2% | -$206K |
|
|
TUP
1991
CALL
DELISTED
Tupperware Brands Corporation
TUP
| $8.97M | ﹤0.01% |
103,900
-10,600
| -9% | -$884K |
|
1992
PUT
AstraZeneca
AZN
$255B
| $8.94M | ﹤0.01% |
172,100
+62,300
| +57% | +$3.13M |
|
|
DNR
1993
CALL
DELISTED
Denbury Resources, Inc.
DNR
| $8.93M | ﹤0.01% |
485,300
-229,800
| -32% | -$4.05M |
|
1994
Motorola Solutions
MSI
$80.5B
| $8.93M | ﹤0.01% |
150,293
+131,253
| +689% | +$7.55M |
|
|
BEAV
1995
PUT
DELISTED
B/E Aerospace Inc
BEAV
| $8.91M | ﹤0.01% |
166,687
+147,905
| +787% | +$7.52M |
|
1996
CALL
T. Rowe Price
TROW
$24B
| $8.9M | ﹤0.01% |
123,700
+8,700
| +8% | +$644K |
|
1997
PUT
IPG Photonics
IPGP
$3.29B
| $8.9M | ﹤0.01% |
158,000
-2,800
| -2% | -$164K |
|
|
TXI
1998
PUT
DELISTED
TEXAS INDUSTRIES INC
TXI
| $8.88M | ﹤0.01% |
133,900
+4,600
| +4% | +$289K |
|
1999
CALL
Cracker Barrel
CBRL
$1.23B
| $8.87M | ﹤0.01% |
85,900
+36,000
| +72% | +$3.61M |
|
2000
Charter Communications
CHTR
$17.7B
| $8.86M | ﹤0.01% |
65,705
+12,518
| +24% | +$1.59M |
|
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.