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 | |
|---|---|---|---|---|---|---|
|
TAL
2251
CALL
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $7.02M | ﹤0.01% |
150,300
+17,200
| +13% | +$742K |
|
|
ULTI
2252
PUT
DELISTED
Ultimate Software Group Inc
ULTI
| $7.02M | ﹤0.01% |
47,600
+7,500
| +19% | +$1.04M |
|
2253
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.52B
| $6.97M | ﹤0.01% |
181,700
-61,900
| -25% | -$2.24M |
|
|
AWAY
2254
CALL
DELISTED
HOMEAWAY INC COM
AWAY
| $6.97M | ﹤0.01% |
249,000
-67,700
| -21% | -$2.1M |
|
|
ALU
2255
PUT
DELISTED
Alcatel-Lucent
ALU
| $6.97M | ﹤0.01% |
2,053,584
+465,088
| +29% | +$1.19M |
|
2256
Eaton
ETN
$162B
| $6.97M | ﹤0.01% |
101,238
-82,800
| -45% | -$5.56M |
|
2257
Lloyds Banking Group
LYG
$85.7B
| $6.96M | ﹤0.01% |
1,446,782
+1,298,855
| +878% | +$5.86M |
|
2258
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $6.95M | ﹤0.01% |
68,100
-101,108
| -60% | -$10.2M |
|
|
RPRX
2259
DELISTED
Repros Therapeutics Inc.
RPRX
| $6.95M | ﹤0.01% |
259,335
-113,075
| -30% | -$2.42M |
|
2260
CVR Energy
CVI
$4B
| $6.95M | ﹤0.01% |
180,374
+138,924
| +335% | +$6.09M |
|
|
VPHM
2261
CALL
DELISTED
VIROPHARMA INC
VPHM
| $6.94M | ﹤0.01% |
176,700
+138,400
| +361% | +$4.53M |
|
|
TW
2262
CALL
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $6.93M | ﹤0.01% |
64,800
+15,300
| +31% | +$1.35M |
|
2263
ProShares Ultra Gold
UGL
$912M
| $6.93M | ﹤0.01% |
+544,880
| New | +$7M |
|
|
MCP
2264
DELISTED
MOLYCORP INC COM STK
MCP
| $6.92M | ﹤0.01% |
1,054,479
-32,301
| -3% | -$217K |
|
|
MTB.WS
2265
DELISTED
M&T Bank Corporation
MTB.WS
| $6.91M | ﹤0.01% |
180,722
| – | – |
|
|
CRR
2266
DELISTED
Carbo Ceramics Inc.
CRR
| $6.91M | ﹤0.01% |
69,738
+20,063
| +40% | +$1.71M |
|
|
WFC.WS
2267
DELISTED
Wells Fargo & Company Ws
WFC.WS
| $6.91M | ﹤0.01% |
492,247
-23,534
| -5% | -$341K |
|
2268
PUT
Interactive Brokers
IBKR
$43.7B
| $6.91M | ﹤0.01% |
1,472,400
+111,200
| +8% | +$477K |
|
|
ETP
2269
DELISTED
Energy Transfer Partners L.p.
ETP
| $6.91M | ﹤0.01% |
132,678
-236,422
| -64% | -$12.2M |
|
2270
PUT
Teradata
TDC
$2.66B
| $6.9M | ﹤0.01% |
124,500
-115,300
| -48% | -$6.77M |
|
2271
Ross Stores
ROST
$73.7B
| $6.9M | ﹤0.01% |
189,552
+39,864
| +27% | +$1.36M |
|
2272
First Majestic Silver
AG
$10.7B
| $6.9M | ﹤0.01% |
581,714
-31,285
| -5% | -$409K |
|
|
TECD
2273
DELISTED
Tech Data Corp
TECD
| $6.9M | ﹤0.01% |
138,215
+8,842
| +7% | +$445K |
|
2274
PUT
Icahn Enterprises
IEP
$4.78B
| $6.89M | ﹤0.01% |
82,800
-11,500
| -12% | -$866K |
|
2275
PUT
Nasdaq
NDAQ
$55.5B
| $6.88M | ﹤0.01% |
642,300
+233,400
| +57% | +$2.5M |
|
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.