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 | |
|---|---|---|---|---|---|---|
2151
CALL
Opko Health
OPK
$1.12B
| $7.78M | ﹤0.01% |
883,200
+201,300
| +30% | +$1.61M |
|
|
LFC
2152
PUT
DELISTED
China Life Insurance Company Ltd.
LFC
| $7.78M | ﹤0.01% |
592,200
-58,200
| -9% | -$728K |
|
2153
Copa Holdings
CPA
$5.94B
| $7.76M | ﹤0.01% |
55,968
-8,521
| -13% | -$1.17M |
|
|
JNY
2154
CALL
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $7.76M | ﹤0.01% |
517,000
+498,000
| +2,621% | +$7.82M |
|
|
PPO
2155
CALL
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $7.74M | ﹤0.01% |
188,800
+61,500
| +48% | +$2.62M |
|
|
HBI
2156
PUT
DELISTED
Hanesbrands
HBI
| $7.73M | ﹤0.01% |
496,400
+187,600
| +61% | +$2.79M |
|
|
TLM
2157
CALL
DELISTED
TALISMAN ENERGY INC
TLM
| $7.73M | ﹤0.01% |
672,400
+167,200
| +33% | +$1.87M |
|
2158
CALL
Beazer Homes USA
BZH
$886M
| $7.73M | ﹤0.01% |
429,500
-347,500
| -45% | -$6.11M |
|
|
HIMX
2159
CALL
Himax Technologies
HIMX
$2.45B
| $7.71M | ﹤0.01% |
770,900
+722,200
| +1,483% | +$5.14M |
|
2160
iShares US Consumer Discretionary ETF
IYC
$1.19B
| $7.69M | ﹤0.01% |
279,676
+119,312
| +74% | +$3.21M |
|
2161
Royal Bank of Canada
RY
$284B
| $7.68M | ﹤0.01% |
119,563
+101,942
| +579% | +$6.33M |
|
2162
Vornado Realty Trust
VNO
$7.23B
| $7.67M | ﹤0.01% |
124,806
+9,371
| +8% | +$580K |
|
2163
CALL
Aptiv
APTV
$9.43B
| $7.67M | ﹤0.01% |
131,300
+24,500
| +23% | +$1.36M |
|
2164
CALL
Strategy Inc
MSTR
$54.6B
| $7.67M | ﹤0.01% |
739,000
-4,000
| -0.5% | -$38.9K |
|
|
CBST
2165
PUT
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $7.66M | ﹤0.01% |
120,600
+26,600
| +28% | +$1.61M |
|
2166
PUT
Vulcan Materials
VMC
$35.5B
| $7.66M | ﹤0.01% |
147,900
+69,800
| +89% | +$3.45M |
|
2167
PUT
Skyworks Solutions
SWKS
$10.1B
| $7.66M | ﹤0.01% |
308,200
-46,100
| -13% | -$1.12M |
|
|
RDS.B
2168
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $7.64M | ﹤0.01% |
111,000
-70,600
| -39% | -$4.82M |
|
|
DNKN
2169
PUT
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $7.61M | ﹤0.01% |
168,200
-82,800
| -33% | -$3.63M |
|
2170
Hershey
HSY
$36.4B
| $7.61M | ﹤0.01% |
82,268
+3,156
| +4% | +$294K |
|
2171
PUT
Cencora
COR
$61.3B
| $7.61M | ﹤0.01% |
124,500
-156,700
| -56% | -$9.16M |
|
2172
CALL
Diageo
DEO
$51.2B
| $7.6M | ﹤0.01% |
59,800
-43,400
| -42% | -$5.43M |
|
|
CMA.WS
2173
DELISTED
Comerica Incorporated Ws
CMA.WS
| $7.6M | ﹤0.01% |
548,494
| – | – |
|
|
IRBT
2174
PUT
DELISTED
iRobot
IRBT
| $7.58M | ﹤0.01% |
201,200
+133,500
| +197% | +$4.79M |
|
|
COL
2175
PUT
DELISTED
Rockwell Collins
COL
| $7.57M | ﹤0.01% |
111,600
+105,400
| +1,700% | +$7.45M |
|
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.