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 | |
|---|---|---|---|---|---|---|
2176
PUT
Strategy Inc
MSTR
$54.6B
| $7.57M | ﹤0.01% |
729,000
+258,000
| +55% | +$2.51M |
|
|
APOL
2177
CALL
DELISTED
Apollo Education Group Inc Class A
APOL
| $7.56M | ﹤0.01% |
363,100
-363,700
| -50% | -$7.03M |
|
2178
CALL
Group 1 Automotive
GPI
$3.12B
| $7.55M | ﹤0.01% |
97,200
+77,700
| +398% | +$5.79M |
|
|
INFA
2179
DELISTED
INFORMATICA CORP
INFA
| $7.54M | ﹤0.01% |
193,458
+60,206
| +45% | +$2.28M |
|
|
MCP
2180
PUT
DELISTED
MOLYCORP INC COM STK
MCP
| $7.54M | ﹤0.01% |
1,149,000
-239,600
| -17% | -$1.61M |
|
2181
CoreCivic
CXW
$3.34B
| $7.53M | ﹤0.01% |
217,897
+34,838
| +19% | +$1.17M |
|
|
ARO
2182
CALL
DELISTED
Aeropostale Inc
ARO
| $7.53M | ﹤0.01% |
800,900
+389,700
| +95% | +$4.63M |
|
|
TLM
2183
PUT
DELISTED
TALISMAN ENERGY INC
TLM
| $7.53M | ﹤0.01% |
654,500
+69,900
| +12% | +$782K |
|
2184
Mattel
MAT
$4.26B
| $7.52M | ﹤0.01% |
179,565
-36,163
| -17% | -$1.55M |
|
|
DMND
2185
CALL
DELISTED
DIAMOND FOODS, INC.
DMND
| $7.5M | ﹤0.01% |
318,100
-78,200
| -20% | -$1.69M |
|
2186
PUT
Dillards
DDS
$9.85B
| $7.48M | ﹤0.01% |
95,500
-6,900
| -7% | -$559K |
|
|
BKS
2187
PUT
DELISTED
Barnes & Noble
BKS
| $7.47M | ﹤0.01% |
881,418
-637,410
| -42% | -$6.64M |
|
2188
CALL
NXP Semiconductors
NXPI
$57B
| $7.45M | ﹤0.01% |
200,300
-306,600
| -60% | -$10.8M |
|
|
RDC
2189
CALL
DELISTED
Rowan Companies Plc
RDC
| $7.45M | ﹤0.01% |
202,900
+74,400
| +58% | +$2.67M |
|
|
LVLT
2190
PUT
DELISTED
Level 3 Communications Inc
LVLT
| $7.45M | ﹤0.01% |
279,100
-199,600
| -42% | -$4.61M |
|
2191
CALL
Carnival Corporation Ltd
CCL
$34.2B
| $7.45M | ﹤0.01% |
228,100
-33,400
| -13% | -$1.21M |
|
|
LSI
2192
DELISTED
LSI CORPORATION
LSI
| $7.44M | ﹤0.01% |
950,800
+95,366
| +11% | +$730K |
|
|
TYC
2193
PUT
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $7.43M | ﹤0.01% |
202,937
+160,822
| +382% | +$5.83M |
|
2194
CALL
iShares Russell 1000 ETF
IWB
$49.2B
| $7.43M | ﹤0.01% |
78,900
+57,900
| +276% | +$5.41M |
|
|
TUP
2195
PUT
DELISTED
Tupperware Brands Corporation
TUP
| $7.43M | ﹤0.01% |
86,000
-25,700
| -23% | -$2.14M |
|
2196
PUT
Fortinet
FTNT
$127B
| $7.42M | ﹤0.01% |
1,832,000
+362,500
| +25% | +$1.47M |
|
2197
PUT
American Eagle Outfitters
AEO
$2.8B
| $7.42M | ﹤0.01% |
530,200
+199,100
| +60% | +$3.34M |
|
|
OKS
2198
PUT
DELISTED
Oneok Partners LP
OKS
| $7.41M | ﹤0.01% |
139,700
+85,500
| +158% | +$4.34M |
|
|
ALTR
2199
DELISTED
Altera Corp
ALTR
| $7.38M | ﹤0.01% |
198,488
-241,631
| -55% | -$8.67M |
|
2200
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $7.36M | ﹤0.01% |
80,300
-5,000
| -6% | -$451K |
|
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.