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 | |
|---|---|---|---|---|---|---|
2101
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$426M
| $8.13M | ﹤0.01% |
6
-6
| -50% | -$8.38M |
|
2102
PUT
Viavi Solutions
VIAV
$9.49B
| $8.13M | ﹤0.01% |
971,119
+282,510
| +41% | +$2.32M |
|
2103
PUT
Omnicom Group
OMC
$24.1B
| $8.11M | ﹤0.01% |
127,900
+21,200
| +20% | +$1.35M |
|
2104
PUT
Altisource Portfolio Solutions
ASPS
$63.7M
| $8.08M | ﹤0.01% |
7,213
+1,425
| +25% | +$1.38M |
|
2105
CALL
BorgWarner
BWA
$13.2B
| $8.07M | ﹤0.01% |
180,851
-39,760
| -18% | -$1.67M |
|
2106
Host Hotels & Resorts
HST
$15.3B
| $8.07M | ﹤0.01% |
456,483
+60,269
| +15% | +$1.07M |
|
2107
PUT
Opko Health
OPK
$1.12B
| $8.06M | ﹤0.01% |
915,400
+249,900
| +38% | +$2M |
|
|
MAKO
2108
DELISTED
MAKO SURGICAL CORP COM
MAKO
| $8.06M | ﹤0.01% |
273,015
+19,520
| +8% | +$297K |
|
2109
iShares MSCI China ETF
MCHI
$6.21B
| $8.06M | ﹤0.01% |
174,949
-698,990
| -80% | -$30.8M |
|
2110
CALL
Cooper Companies
COO
$13.8B
| $8.05M | ﹤0.01% |
248,400
+204,400
| +465% | +$6.59M |
|
|
GTLS
2111
DELISTED
Chart Industries
GTLS
| $8.05M | ﹤0.01% |
65,463
+18,057
| +38% | +$2.03M |
|
|
OVTI
2112
PUT
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $8.05M | ﹤0.01% |
525,900
-99,700
| -16% | -$1.66M |
|
|
SPRD
2113
CALL
DELISTED
SPREADTRUM COMMUNICATIONS INC ADS (CAYMAN ISLANDS)
SPRD
| $8.05M | ﹤0.01% |
264,300
-109,500
| -29% | -$3.24M |
|
|
PTR
2114
CALL
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $8.05M | ﹤0.01% |
73,200
+9,900
| +16% | +$1.13M |
|
2115
Schwab US Broad Market ETF
SCHB
$44.9B
| $8.04M | ﹤0.01% |
1,174,614
+506,646
| +76% | +$3.44M |
|
2116
Invesco CurrencyShares Euro Currency Trust
FXE
$360M
| $8.03M | ﹤0.01% |
60,002
-8,336
| -12% | -$1.09M |
|
2117
iShares Biotechnology ETF
IBB
$10.8B
| $8.03M | ﹤0.01% |
114,861
-151,269
| -57% | -$9.91M |
|
2118
CALL
Palo Alto Networks
PANW
$312B
| $8.02M | ﹤0.01% |
1,050,600
-502,200
| -32% | -$3.96M |
|
2119
Amphenol
APH
$199B
| $8.01M | ﹤0.01% |
828,432
-401,112
| -33% | -$3.92M |
|
2120
CALL
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.9B
| $8.01M | ﹤0.01% |
137,400
+133,600
| +3,516% | +$7.55M |
|
2121
CALL
JB Hunt Transport Services
JBHT
$24.7B
| $8.01M | ﹤0.01% |
109,800
-47,700
| -30% | -$3.55M |
|
2122
NCR Voyix
VYX
$1.27B
| $8.01M | ﹤0.01% |
329,425
+96,824
| +42% | +$2.17M |
|
2123
PUT
ProShares Ultra Energy
DIG
$79.8M
| $8M | ﹤0.01% |
105,760
-50,720
| -32% | -$3.78M |
|
2124
Illinois Tool Works
ITW
$80.2B
| $8M | ﹤0.01% |
104,851
-90,403
| -46% | -$6.61M |
|
2125
Pan American Silver
PAAS
$22.8B
| $7.99M | ﹤0.01% |
757,703
-224,268
| -23% | -$2.73M |
|
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.