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 | |
|---|---|---|---|---|---|---|
|
JOY
1251
DELISTED
Joy Global Inc
JOY
| $18.6M | 0.01% |
363,956
-193,099
| -35% | -$9.85M |
|
|
CAM
1252
PUT
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $18.6M | 0.01% |
318,200
+157,300
| +98% | +$9.37M |
|
|
GOLD
1253
PUT
DELISTED
Randgold Resources Ltd
GOLD
| $18.6M | 0.01% |
263,342
+153,337
| +139% | +$11M |
|
1254
CALL
Avis
CAR
$4.93B
| $18.5M | 0.01% |
642,000
+460,100
| +253% | +$13.8M |
|
1255
Expedia Group
EXPE
$38.2B
| $18.5M | 0.01% |
356,928
+169,823
| +91% | +$9.08M |
|
1256
CALL
VF Corp
VFC
$5.36B
| $18.5M | 0.01% |
394,639
-263,376
| -40% | -$12.2M |
|
1257
Air Products & Chemicals
APD
$68.1B
| $18.5M | 0.01% |
187,409
-34,582
| -16% | -$3.29M |
|
|
CAB
1258
CALL
DELISTED
Cabela's Inc
CAB
| $18.5M | 0.01% |
292,900
+25,700
| +10% | +$1.71M |
|
|
KMP
1259
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $18.5M | 0.01% |
231,260
-29,430
| -11% | -$2.44M |
|
1260
PUT
D.R. Horton
DHI
$40.6B
| $18.4M | 0.01% |
948,500
+329,600
| +53% | +$6.53M |
|
|
SLXP
1261
PUT
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $18.4M | 0.01% |
275,500
+238,100
| +637% | +$16.4M |
|
|
CVC
1262
PUT
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $18.4M | 0.01% |
1,094,100
+612,100
| +127% | +$11.2M |
|
1263
iShares Core MSCI Emerging Markets ETF
IEMG
$161B
| $18.4M | 0.01% |
377,832
+315,594
| +507% | +$14.9M |
|
|
EXXI
1264
CALL
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $18.4M | 0.01% |
608,400
+43,900
| +8% | +$1.18M |
|
|
ESV
1265
CALL
DELISTED
Ensco Rowan plc
ESV
| $18.4M | 0.01% |
85,450
+34,500
| +68% | +$7.91M |
|
1266
CALL
Iron Mountain
IRM
$36.7B
| $18.4M | 0.01% |
734,786
+368,854
| +101% | +$9.37M |
|
|
SODA
1267
DELISTED
SodaStream International Ltd
SODA
| $18.3M | 0.01% |
293,519
-153,683
| -34% | -$9.76M |
|
1268
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$388M
| $18.3M | 0.01% |
8,445
-7,803
| -48% | -$17.8M |
|
|
RAD
1269
CALL
DELISTED
Rite Aid Corporation
RAD
| $18.3M | 0.01% |
192,095
-9,645
| -5% | -$658K |
|
1270
CALL
Cardinal Health
CAH
$54.6B
| $18.3M | 0.01% |
350,500
+38,300
| +12% | +$1.95M |
|
1271
PUT
Steel Dynamics
STLD
$33.8B
| $18.3M | 0.01% |
1,093,800
-600
| -0.1% | -$9.52K |
|
1272
DuPont de Nemours
DD
$18.8B
| $18.3M | 0.01% |
187,905
+45,595
| +32% | +$4.25M |
|
|
WFT
1273
DELISTED
Weatherford International plc
WFT
| $18.3M | 0.01% |
1,190,999
+524,020
| +79% | +$7.69M |
|
1274
Regions Financial
RF
$25.9B
| $18.2M | 0.01% |
1,965,211
+793,642
| +68% | +$7.77M |
|
1275
Stratasys
SSYS
$697M
| $18.2M | 0.01% |
179,556
+149,124
| +490% | +$14.4M |
|
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.