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 | |
|---|---|---|---|---|---|---|
1626
Monster Beverage
MNST
$91.7B
| $12.6M | 0.01% |
2,885,700
+1,827,552
| +173% | +$9.02M |
|
|
COV
1627
PUT
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $12.5M | 0.01% |
205,900
-20,828
| -9% | -$1.27M |
|
1628
CALL
Tenet Healthcare
THC
$21.7B
| $12.5M | 0.01% |
304,500
+227,800
| +297% | +$9.53M |
|
1629
HF Sinclair
DINO
$17B
| $12.5M | 0.01% |
297,674
-51,616
| -15% | -$2.24M |
|
|
K
1630
CALL
DELISTED
Kellanova
K
| $12.5M | 0.01% |
227,058
-33,548
| -13% | -$2M |
|
|
RSH
1631
CALL
DELISTED
RADIOSHACK CORP
RSH
| $12.5M | 0.01% |
3,671,800
+3,162,200
| +621% | +$10.1M |
|
1632
PUT
Vipshop
VIPS
$6.34B
| $12.5M | 0.01% |
2,204,000
+396,000
| +22% | +$1.71M |
|
|
TGNA
1633
PUT
DELISTED
TEGNA Inc
TGNA
| $12.5M | 0.01% |
891,546
+150,821
| +20% | +$2.02M |
|
1634
Jabil
JBL
$32.7B
| $12.5M | 0.01% |
575,953
+40,191
| +8% | +$917K |
|
1635
Cardinal Health
CAH
$54.8B
| $12.5M | 0.01% |
239,179
+15,081
| +7% | +$766K |
|
|
CBI
1636
DELISTED
Chicago Bridge & Iron Nv
CBI
| $12.5M | 0.01% |
184,057
-68,482
| -27% | -$4.23M |
|
1637
PUT
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.19B
| $12.5M | 0.01% |
230,000
+190,600
| +484% | +$9.95M |
|
1638
PUT
Sysco
SYY
$39.7B
| $12.5M | 0.01% |
391,400
+243,100
| +164% | +$8.16M |
|
1639
CALL
Welltower
WELL
$172B
| $12.5M | 0.01% |
199,700
+1,400
| +0.7% | +$89K |
|
|
BZT
1640
DELISTED
BEAZER HOMES USA, INC. TANGIBLE EQUITY UNIT
BZT
| $12.4M | 0.01% |
425,000
+270,000
| +174% | +$7.75M |
|
1641
PUT
iShares Russell 1000 ETF
IWB
$49.2B
| $12.4M | 0.01% |
132,000
+108,500
| +462% | +$10.1M |
|
1642
Fossil Group
FOSL
$325M
| $12.4M | 0.01% |
106,831
-50,064
| -32% | -$5.72M |
|
1643
PUT
Moody's
MCO
$89.2B
| $12.4M | 0.01% |
176,400
-113,700
| -39% | -$7.46M |
|
|
HOUS
1644
PUT
DELISTED
Anywhere Real Estate
HOUS
| $12.4M | 0.01% |
288,200
+212,600
| +281% | +$9.62M |
|
|
FDO
1645
DELISTED
FAMILY DOLLAR STORES
FDO
| $12.4M | 0.01% |
171,788
+166,009
| +2,873% | +$11.7M |
|
1646
PUT
Apollo Global Management
APO
$79.7B
| $12.4M | 0.01% |
437,400
+47,700
| +12% | +$1.28M |
|
1647
American International
AIG
$39.8B
| $12.4M | 0.01% |
253,965
-1,427,579
| -85% | -$67.8M |
|
|
RPRX
1648
CALL
DELISTED
Repros Therapeutics Inc.
RPRX
| $12.3M | 0.01% |
460,800
+35,800
| +8% | +$767K |
|
|
DRC
1649
CALL
DELISTED
DRESSER-RAND GROUP INC
DRC
| $12.3M | 0.01% |
197,300
+58,300
| +42% | +$3.64M |
|
|
CLVS
1650
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $12.3M | 0.01% |
+202,500
| New | +$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.