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 | |
|---|---|---|---|---|---|---|
|
N
2351
CALL
DELISTED
Netsuite Inc
N
| $6.5M | ﹤0.01% |
60,200
+30,000
| +99% | +$2.96M |
|
|
KOG
2352
CALL
DELISTED
KODIAK OIL & GAS CORP
KOG
| $6.49M | ﹤0.01% |
538,400
+268,800
| +100% | +$2.7M |
|
|
ERF
2353
CALL
DELISTED
Enerplus Corporation
ERF
| $6.48M | ﹤0.01% |
393,480
+130,858
| +50% | +$2.15M |
|
2354
CALL
Take-Two Interactive
TTWO
$43.6B
| $6.47M | ﹤0.01% |
356,500
+128,400
| +56% | +$2.25M |
|
2355
PUT
Manitowoc
MTW
$686M
| $6.47M | ﹤0.01% |
364,638
+152,898
| +72% | +$2.78M |
|
|
TRQ
2356
PUT
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $6.47M | ﹤0.01% |
190,044
+157,816
| +490% | +$6.21M |
|
|
SFUN
2357
PUT
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $6.46M | ﹤0.01% |
12,520
+10,080
| +413% | +$3.88M |
|
2358
TD Synnex
SNX
$20.8B
| $6.46M | ﹤0.01% |
210,368
+14,938
| +8% | +$382K |
|
|
FAZ
2359
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$88.9M
| $6.45M | ﹤0.01% |
96
-10
| -9% | -$475K |
|
|
SKS
2360
PUT
DELISTED
SAKS INCORPORATED
SKS
| $6.45M | ﹤0.01% |
404,300
+180,100
| +80% | +$2.8M |
|
2361
PUT
FTI Consulting
FCN
$4.2B
| $6.44M | ﹤0.01% |
170,300
+47,500
| +39% | +$1.68M |
|
2362
PUT
New Oriental
EDU
$9.22B
| $6.43M | ﹤0.01% |
258,400
-342,000
| -57% | -$7.81M |
|
2363
PUT
Labcorp
LH
$27.3B
| $6.42M | ﹤0.01% |
75,427
+1,629
| +2% | +$137K |
|
2364
Tidewater
TDW
$4.63B
| $6.42M | ﹤0.01% |
3,358
+2,934
| +692% | +$5.46M |
|
2365
CALL
Calumet Specialty Products
CLMT
$4.02B
| $6.42M | ﹤0.01% |
235,200
-80,200
| -25% | -$2.52M |
|
|
STI
2366
DELISTED
SunTrust Banks, Inc.
STI
| $6.42M | ﹤0.01% |
197,977
+21,649
| +12% | +$732K |
|
2367
PUT
VeriSign
VRSN
$26.6B
| $6.42M | ﹤0.01% |
126,100
+37,100
| +42% | +$1.79M |
|
2368
CALL
Dover
DOV
$27.2B
| $6.41M | ﹤0.01% |
106,514
-231,675
| -69% | -$13.4M |
|
|
TSL
2369
PUT
DELISTED
Trina Solar Limited
TSL
| $6.4M | ﹤0.01% |
414,200
+239,000
| +136% | +$2.12M |
|
2370
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $6.4M | ﹤0.01% |
56,400
+18,800
| +50% | +$2.13M |
|
2371
PUT
KBR
KBR
$4.81B
| $6.4M | ﹤0.01% |
196,000
+135,200
| +222% | +$4.29M |
|
|
PPO
2372
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $6.4M | ﹤0.01% |
156,131
+149,472
| +2,245% | +$6.37M |
|
|
SNP
2373
PUT
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $6.4M | ﹤0.01% |
81,690
-18,930
| -19% | -$1.42M |
|
2374
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.9B
| $6.38M | ﹤0.01% |
202,392
+55,708
| +38% | +$1.71M |
|
|
MRO
2375
DELISTED
Marathon Oil Corporation
MRO
| $6.38M | ﹤0.01% |
182,799
+109,415
| +149% | +$3.89M |
|
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.