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 | |
|---|---|---|---|---|---|---|
2126
PUT
Waters Corp
WAT
$41.4B
| $7.96M | ﹤0.01% |
75,000
+42,000
| +127% | +$4.31M |
|
2127
CALL
ProShares Ultra Financials
UYG
$840M
| $7.96M | ﹤0.01% |
486,000
+119,400
| +33% | +$1.99M |
|
2128
PUT
Pan American Silver
PAAS
$22.8B
| $7.96M | ﹤0.01% |
754,000
+34,800
| +5% | +$424K |
|
|
STI.WS.B
2129
DELISTED
Suntrust Banks Inc
STI.WS.B
| $7.96M | ﹤0.01% |
2,272,780
| – | – |
|
2130
PUT
ProShares UltraShort Yen
YCS
$30.1M
| $7.95M | ﹤0.01% |
510,800
-110,800
| -18% | -$1.75M |
|
|
HTS
2131
PUT
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $7.94M | ﹤0.01% |
424,600
-53,200
| -11% | -$1.07M |
|
2132
CALL
Ross Stores
ROST
$73.7B
| $7.94M | ﹤0.01% |
218,200
-219,600
| -50% | -$7.5M |
|
|
MJN
2133
CALL
DELISTED
Mead Johnson Nutrition Company
MJN
| $7.92M | ﹤0.01% |
106,600
-72,900
| -41% | -$5.47M |
|
|
EZCH
2134
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $7.91M | ﹤0.01% |
320,974
+129,280
| +67% | +$3.63M |
|
|
OVTI
2135
CALL
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $7.91M | ﹤0.01% |
516,500
-57,300
| -10% | -$952K |
|
|
S
2136
DELISTED
Sprint Corporation
S
| $7.91M | ﹤0.01% |
+1,271,082
| New | +$8.37M |
|
|
SWN
2137
DELISTED
Southwestern Energy Company
SWN
| $7.9M | ﹤0.01% |
217,135
-28,900
| -12% | -$1.1M |
|
|
ASNA
2138
PUT
DELISTED
Ascena Retail Group, Inc.
ASNA
| $7.9M | ﹤0.01% |
19,820
+8,190
| +70% | +$2.91M |
|
2139
Direxion Daily Financial Bull 3x ETF
FAS
$2.4B
| $7.89M | ﹤0.01% |
458,568
-2,098,940
| -82% | -$37.1M |
|
|
ADT
2140
DELISTED
ADT Corp
ADT
| $7.88M | ﹤0.01% |
193,814
+123,228
| +175% | +$5.07M |
|
2141
AngloGold Ashanti
AU
$59.9B
| $7.87M | ﹤0.01% |
592,731
+210,761
| +55% | +$2.82M |
|
2142
CALL
Bread Financial
BFH
$4.15B
| $7.87M | ﹤0.01% |
46,612
-7,518
| -14% | -$1.19M |
|
2143
CALL
Assured Guaranty
AGO
$3.34B
| $7.87M | ﹤0.01% |
419,500
+74,700
| +22% | +$1.58M |
|
|
ASTX
2144
PUT
DELISTED
ASTEX PHARMACEUTICALS, INC COM
ASTX
| $7.86M | ﹤0.01% |
926,600
+592,600
| +177% | +$3.75M |
|
2145
Magna International
MGA
$17.6B
| $7.84M | ﹤0.01% |
190,000
-74,324
| -28% | -$2.91M |
|
2146
CALL
Incyte
INCY
$25.9B
| $7.83M | ﹤0.01% |
205,300
+118,600
| +137% | +$3.5M |
|
|
LGF
2147
DELISTED
Lions Gate Entertainment
LGF
| $7.8M | ﹤0.01% |
222,528
-402,402
| -64% | -$13.6M |
|
|
TFCF
2148
CALL
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $7.8M | ﹤0.01% |
+233,400
| New | +$7.36M |
|
2149
iShares MSCI Malaysia ETF
EWM
$322M
| $7.79M | ﹤0.01% |
129,543
+124,268
| +2,356% | +$7.56M |
|
2150
Dollar Tree
DLTR
$24.4B
| $7.78M | ﹤0.01% |
136,184
+1,864
| +1% | +$101K |
|
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.