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 | |
|---|---|---|---|---|---|---|
|
BKS
1751
CALL
DELISTED
Barnes & Noble
BKS
| $11.3M | 0.01% |
1,335,097
-1,848,749
| -58% | -$19.3M |
|
|
ATVI
1752
DELISTED
Activision Blizzard
ATVI
| $11.3M | 0.01% |
679,105
-74,426
| -10% | -$1.23M |
|
1753
Boston Scientific
BSX
$67.6B
| $11.3M | 0.01% |
962,973
+483,863
| +101% | +$5.23M |
|
1754
Ralph Lauren
RL
$21B
| $11.3M | 0.01% |
68,523
+29,059
| +74% | +$5.04M |
|
|
UNXL
1755
DELISTED
Uni-Pixel, Inc.
UNXL
| $11.3M | 0.01% |
635,904
+372,583
| +141% | +$5.94M |
|
|
FIRE
1756
PUT
DELISTED
SOURCEFIRE INC COM STK
FIRE
| $11.3M | 0.01% |
148,400
+4,500
| +3% | +$322K |
|
|
MGLN
1757
DELISTED
Magellan Health Services, Inc.
MGLN
| $11.3M | 0.01% |
187,700
| – | – |
|
|
PNK
1758
DELISTED
Pinnacle Entertainment Inc.
PNK
| $11.2M | 0.01% |
448,278
-18,304
| -4% | -$410K |
|
1759
CALL
Cintas
CTAS
$81.7B
| $11.2M | 0.01% |
876,400
-1,199,200
| -58% | -$14.6M |
|
1760
PUT
Stryker
SYK
$124B
| $11.2M | 0.01% |
165,900
+32,500
| +24% | +$2.24M |
|
|
EZCH
1761
CALL
DELISTED
EZCHIP SEMICONDUCTOR LIMITED ORD SHS (IL)
EZCH
| $11.2M | 0.01% |
453,800
+101,900
| +29% | +$2.86M |
|
1762
ITT
ITT
$18.6B
| $11.2M | 0.01% |
310,936
+10,582
| +4% | +$353K |
|
|
AKS
1763
PUT
DELISTED
AK Steel Holding Corp
AKS
| $11.1M | 0.01% |
2,973,100
+2,309,100
| +348% | +$8.22M |
|
|
MMP
1764
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $11.1M | 0.01% |
197,400
-258,100
| -57% | -$14.2M |
|
1765
CALL
Tractor Supply
TSCO
$18.1B
| $11.1M | 0.01% |
829,000
-386,000
| -32% | -$4.76M |
|
1766
Barclays
BCS
$90.3B
| $11.1M | 0.01% |
704,951
+595,966
| +547% | +$9.33M |
|
1767
LyondellBasell Industries
LYB
$20.4B
| $11.1M | 0.01% |
151,747
+71,456
| +89% | +$4.98M |
|
|
CTXS
1768
DELISTED
Citrix Systems Inc
CTXS
| $11.1M | 0.01% |
197,649
+63,327
| +47% | +$3.54M |
|
1769
CALL
Masco
MAS
$14.4B
| $11.1M | 0.01% |
594,150
-225,096
| -27% | -$4.01M |
|
1770
C.H. Robinson
CHRW
$17.7B
| $11.1M | 0.01% |
186,316
+40,106
| +27% | +$2.35M |
|
|
GRMN
1771
CALL
Garmin
GRMN
$55.9B
| $11.1M | 0.01% |
245,200
-47,100
| -16% | -$1.87M |
|
|
APL
1772
PUT
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $11.1M | 0.01% |
285,400
+42,100
| +17% | +$1.6M |
|
1773
Dick's Sporting Goods
DKS
$11.8B
| $11.1M | 0.01% |
207,393
+202,280
| +3,956% | +$10.2M |
|
|
K
1774
DELISTED
Kellanova
K
| $11.1M | 0.01% |
200,709
+177,079
| +749% | +$10.6M |
|
1775
PUT
Jefferies Financial Group
JEF
$12.2B
| $11.1M | 0.01% |
453,777
+210,913
| +87% | +$5.05M |
|
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.