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 | |
|---|---|---|---|---|---|---|
|
GM.WS.C
1651
DELISTED
GENERAL MTRS CO WTS EXP 12/31/15 (DE)
GM.WS.C
| $12.3M | 0.01% |
+3,073,000
| New | +$12.2M |
|
1652
Agilent Technologies
A
$44.5B
| $12.3M | 0.01% |
334,831
+125,251
| +60% | +$4.22M |
|
1653
AES
AES
$10.5B
| $12.3M | 0.01% |
923,624
+56,522
| +7% | +$725K |
|
1654
PUT
American Electric Power
AEP
$66.7B
| $12.3M | 0.01% |
283,100
-83,800
| -23% | -$3.73M |
|
|
BPL
1655
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $12.3M | 0.01% |
187,100
+83,400
| +80% | +$5.76M |
|
1656
Carnival Corporation Ltd
CCL
$34.8B
| $12.3M | 0.01% |
375,295
+286,767
| +324% | +$10.4M |
|
|
CAM
1657
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $12.3M | 0.01% |
209,861
+88,387
| +73% | +$5.27M |
|
|
LGF
1658
CALL
DELISTED
Lions Gate Entertainment
LGF
| $12.2M | 0.01% |
349,100
+78,900
| +29% | +$2.68M |
|
|
COV
1659
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $12.2M | 0.01% |
200,681
-28,209
| -12% | -$1.72M |
|
1660
CALL
Jazz Pharmaceuticals
JAZZ
$16.3B
| $12.2M | 0.01% |
132,800
+2,800
| +2% | +$226K |
|
1661
CALL
PVH
PVH
$3.58B
| $12.2M | 0.01% |
102,900
+21,400
| +26% | +$2.75M |
|
|
ALXN
1662
DELISTED
Alexion Pharmaceuticals
ALXN
| $12.2M | 0.01% |
105,127
-60,545
| -37% | -$6.64M |
|
|
AVP
1663
CALL
DELISTED
Avon Products, Inc.
AVP
| $12.2M | 0.01% |
592,500
-1,808,400
| -75% | -$38.7M |
|
|
ARNA
1664
CALL
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $12.2M | 0.01% |
231,400
-102,570
| -31% | -$6.89M |
|
|
MJN
1665
DELISTED
Mead Johnson Nutrition Company
MJN
| $12.2M | 0.01% |
164,211
+149,974
| +1,053% | +$11.2M |
|
|
MDRX
1666
CALL
DELISTED
Veradigm Inc. Common Stock
MDRX
| $12.2M | 0.01% |
819,900
+623,600
| +318% | +$9.4M |
|
1667
Huntsman Corp
HUN
$1.69B
| $12.2M | 0.01% |
591,504
+102,066
| +21% | +$1.86M |
|
1668
BorgWarner
BWA
$13.2B
| $12.2M | 0.01% |
273,038
+15,041
| +6% | +$632K |
|
|
UPL
1669
CALL
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $12.2M | 0.01% |
592,300
-197,400
| -25% | -$4.16M |
|
1670
CALL
W.W. Grainger
GWW
$62B
| $12.2M | 0.01% |
46,500
+18,100
| +64% | +$4.71M |
|
|
SPLS
1671
DELISTED
Staples Inc
SPLS
| $12.1M | 0.01% |
828,424
-148,001
| -15% | -$2.32M |
|
|
GDP
1672
PUT
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $12.1M | 0.01% |
499,400
+418,900
| +520% | +$8.43M |
|
1673
VirnetX Holding Corp
VHC
$55.1M
| $12.1M | 0.01% |
29,582
-8,765
| -23% | -$3.46M |
|
1674
Eastman Chemical
EMN
$8.35B
| $12.1M | 0.01% |
154,885
-48,965
| -24% | -$3.77M |
|
|
EA
1675
PUT
DELISTED
Electronic Arts
EA
| $12.1M | 0.01% |
472,000
+29,100
| +7% | +$756K |
|
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.