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 | |
|---|---|---|---|---|---|---|
2851
Icahn Enterprises
IEP
$4.82B
| $4.52M | ﹤0.01% |
+54,265
| New | +$4.08M |
|
2852
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.4B
| $4.52M | ﹤0.01% |
73,085
-71,432
| -49% | -$4.39M |
|
2853
CALL
Newell Brands
NWL
$2.63B
| $4.51M | ﹤0.01% |
164,000
+86,200
| +111% | +$2.3M |
|
|
DANG
2854
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $4.51M | ﹤0.01% |
430,341
+87,139
| +25% | +$771K |
|
|
PCL
2855
CALL
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $4.51M | ﹤0.01% |
96,300
-35,700
| -27% | -$1.67M |
|
2856
CALL
Clean Energy Fuels
CLNE
$359M
| $4.51M | ﹤0.01% |
352,600
+125,400
| +55% | +$1.61M |
|
2857
Diageo
DEO
$51.7B
| $4.5M | ﹤0.01% |
35,453
-80,111
| -69% | -$10M |
|
2858
CALL
Voya Financial
VOYA
$9.29B
| $4.5M | ﹤0.01% |
153,900
+73,700
| +92% | +$2.2M |
|
2859
PUT
Beazer Homes USA
BZH
$886M
| $4.49M | ﹤0.01% |
249,200
+111,500
| +81% | +$1.96M |
|
|
CAVM
2860
PUT
DELISTED
Cavium, Inc.
CAVM
| $4.48M | ﹤0.01% |
108,800
-9,000
| -8% | -$339K |
|
2861
Teekay
TK
$1.14B
| $4.48M | ﹤0.01% |
104,758
+83,755
| +399% | +$3.37M |
|
2862
CALL
Smith & Wesson
SWBI
$573M
| $4.48M | ﹤0.01% |
529,897
-91,851
| -15% | -$794K |
|
|
AUXL
2863
PUT
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
| $4.47M | ﹤0.01% |
245,400
+77,800
| +46% | +$1.41M |
|
2864
PUT
Direxion Daily Real Estate Bull 3X ETF
DRN
$43.5M
| $4.47M | ﹤0.01% |
452,000
-60,800
| -12% | -$649K |
|
|
LF
2865
CALL
DELISTED
LEAPFROG ENTERPRISES INC.
LF
| $4.47M | ﹤0.01% |
474,300
-115,200
| -20% | -$1.19M |
|
|
PCL
2866
PUT
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $4.47M | ﹤0.01% |
95,400
-48,500
| -34% | -$2.27M |
|
|
ACI
2867
PUT
DELISTED
ARCH COAL, INC.
ACI
| $4.47M | ﹤0.01% |
108,670
+21,290
| +24% | +$924K |
|
2868
CALL
Edison International
EIX
$27B
| $4.45M | ﹤0.01% |
96,600
+27,200
| +39% | +$1.29M |
|
2869
PUT
Kimco Realty
KIM
$16B
| $4.45M | ﹤0.01% |
220,400
+201,000
| +1,036% | +$4.29M |
|
2870
CALL
Enovis
ENOV
$1.44B
| $4.45M | ﹤0.01% |
+45,725
| New | +$4.22M |
|
2871
CALL
Moody's
MCO
$89.2B
| $4.45M | ﹤0.01% |
63,200
-115,200
| -65% | -$7.56M |
|
2872
PUT
TSMC
TSM
$2.17T
| $4.44M | ﹤0.01% |
261,800
-22,300
| -8% | -$380K |
|
|
LO
2873
DELISTED
LORILLARD INC COM STK
LO
| $4.44M | ﹤0.01% |
99,124
-125,135
| -56% | -$5.51M |
|
|
ACHN
2874
PUT
DELISTED
Achillion Pharmaceuticals
ACHN
| $4.43M | ﹤0.01% |
1,468,100
+264,200
| +22% | +$1.81M |
|
2875
CALL
FTI Consulting
FCN
$4.25B
| $4.43M | ﹤0.01% |
+117,200
| New | +$4.15M |
|
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.