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 | |
|---|---|---|---|---|---|---|
2376
CALL
Domino's
DPZ
$11.5B
| $6.37M | ﹤0.01% |
93,800
+10,800
| +13% | +$683K |
|
2377
IPG Photonics
IPGP
$3.28B
| $6.37M | ﹤0.01% |
113,062
+26,303
| +30% | +$1.54M |
|
2378
Northern Oil and Gas
NOG
$2.73B
| $6.37M | ﹤0.01% |
44,114
+35,218
| +396% | +$4.69M |
|
2379
McCormick & Company Non-Voting
MKC
$14.9B
| $6.36M | ﹤0.01% |
196,554
-30,556
| -13% | -$1.07M |
|
2380
Textron
TXT
$14.2B
| $6.36M | ﹤0.01% |
230,195
-15,371
| -6% | -$429K |
|
2381
Dana Inc
DAN
$3.28B
| $6.35M | ﹤0.01% |
278,100
-103,189
| -27% | -$2.24M |
|
2382
CALL
Boston Beer
SAM
$1.91B
| $6.35M | ﹤0.01% |
26,000
-6,500
| -20% | -$1.34M |
|
2383
iShares Global Comm Services ETF
IXP
$504M
| $6.35M | ﹤0.01% |
98,916
+8,610
| +10% | +$531K |
|
|
JNY
2384
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $6.34M | ﹤0.01% |
422,616
+16,784
| +4% | +$264K |
|
|
MXIM
2385
DELISTED
Maxim Integrated Products
MXIM
| $6.34M | ﹤0.01% |
212,638
+2,193
| +1% | +$62.4K |
|
|
CLVS
2386
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $6.33M | ﹤0.01% |
+104,100
| New | +$7.38M |
|
|
SAVE
2387
DELISTED
Spirit Airlines, Inc.
SAVE
| $6.32M | ﹤0.01% |
+184,346
| New | +$6.1M |
|
2388
CALL
American Public Education
APEI
$849M
| $6.31M | ﹤0.01% |
166,900
+158,200
| +1,818% | +$6.23M |
|
|
RKT
2389
PUT
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $6.31M | ﹤0.01% |
124,600
+24,600
| +25% | +$1.37M |
|
2390
Avnet
AVT
$7.41B
| $6.3M | ﹤0.01% |
151,098
+32,798
| +28% | +$1.27M |
|
|
HTS
2391
CALL
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $6.3M | ﹤0.01% |
336,500
-59,000
| -15% | -$1.19M |
|
|
RKUS
2392
CALL
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $6.28M | ﹤0.01% |
373,400
+106,900
| +40% | +$1.56M |
|
2393
Timken Company
TKR
$8.53B
| $6.28M | ﹤0.01% |
145,303
+109,516
| +306% | +$4.69M |
|
2394
Globe Life
GL
$13.5B
| $6.27M | ﹤0.01% |
130,059
-18,489
| -12% | -$869K |
|
2395
PUT
Franco-Nevada
FNV
$51.9B
| $6.27M | ﹤0.01% |
138,600
-143,600
| -51% | -$6.11M |
|
2396
Groupon
GRPN
$796M
| $6.27M | ﹤0.01% |
27,977
+19,479
| +229% | +$3.88M |
|
|
PX
2397
DELISTED
Praxair Inc
PX
| $6.26M | ﹤0.01% |
52,124
-3,949
| -7% | -$469K |
|
2398
L3Harris
LHX
$49B
| $6.26M | ﹤0.01% |
105,613
+17,973
| +21% | +$1M |
|
2399
Vanguard Materials ETF
VAW
$3.13B
| $6.26M | ﹤0.01% |
65,811
-33,562
| -34% | -$3.1M |
|
|
NSR
2400
DELISTED
Neustar Inc
NSR
| $6.25M | ﹤0.01% |
126,288
+28,306
| +29% | +$1.47M |
|
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.