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 | |
|---|---|---|---|---|---|---|
|
MCP
1801
CALL
DELISTED
MOLYCORP INC COM STK
MCP
| $10.7M | 0.01% |
1,631,700
+494,600
| +43% | +$3.32M |
|
1802
PUT
Tenet Healthcare
THC
$21.6B
| $10.7M | 0.01% |
259,600
+170,400
| +191% | +$7.13M |
|
1803
CALL
InterDigital
IDCC
$8.64B
| $10.7M | 0.01% |
286,300
-63,400
| -18% | -$2.39M |
|
|
CLR
1804
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $10.7M | 0.01% |
199,260
+189,968
| +2,044% | +$9.1M |
|
1805
PUT
MGIC Investment
MTG
$6.38B
| $10.7M | 0.01% |
1,467,700
+98,500
| +7% | +$699K |
|
1806
PUT
HCA Healthcare
HCA
$90.8B
| $10.7M | 0.01% |
249,800
+106,700
| +75% | +$4.17M |
|
1807
CALL
New Oriental
EDU
$9.22B
| $10.7M | 0.01% |
427,800
-385,900
| -47% | -$8.82M |
|
|
GPOR
1808
DELISTED
Gulfport Energy Corp.
GPOR
| $10.7M | 0.01% |
165,526
-156,829
| -49% | -$8.77M |
|
|
OCR
1809
CALL
DELISTED
OMNICARE INC
OCR
| $10.6M | 0.01% |
191,800
-36,000
| -16% | -$1.92M |
|
|
ACAS
1810
DELISTED
American Capital Ltd
ACAS
| $10.6M | 0.01% |
773,558
-307,024
| -28% | -$4.04M |
|
|
SAFE
1811
PUT
Safehold
SAFE
$1.09B
| $10.6M | 0.01% |
181,157
-2,075
| -1% | -$116K |
|
|
STJ
1812
CALL
DELISTED
St Jude Medical
STJ
| $10.6M | 0.01% |
197,900
-87,600
| -31% | -$4.51M |
|
1813
CALL
Harley-Davidson
HOG
$2.9B
| $10.6M | 0.01% |
165,200
-19,500
| -11% | -$1.15M |
|
|
XL
1814
DELISTED
XL Group Ltd.
XL
| $10.6M | 0.01% |
344,051
-81,251
| -19% | -$2.52M |
|
|
DF
1815
DELISTED
Dean Foods Company
DF
| $10.6M | 0.01% |
548,987
+106,110
| +24% | +$2.15M |
|
1816
CALL
Sanofi
SNY
$107B
| $10.6M | 0.01% |
209,100
-27,200
| -12% | -$1.38M |
|
1817
CALL
KBR
KBR
$4.81B
| $10.6M | 0.01% |
324,100
+148,000
| +84% | +$4.69M |
|
|
ABV
1818
PUT
DELISTED
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
| $10.6M | 0.01% |
275,400
-34,800
| -11% | -$1.28M |
|
|
WWAV
1819
DELISTED
The WhiteWave Foods Company
WWAV
| $10.6M | 0.01% |
528,780
+283,253
| +115% | +$5.38M |
|
1820
CALL
Packaging Corp of America
PKG
$21.7B
| $10.6M | 0.01% |
184,900
-93,700
| -34% | -$5.07M |
|
|
ABB
1821
CALL
DELISTED
ABB Ltd
ABB
| $10.6M | 0.01% |
447,400
+316,800
| +243% | +$7.14M |
|
|
RAX
1822
DELISTED
Rackspace Hosting Inc
RAX
| $10.5M | 0.01% |
199,862
-119,543
| -37% | -$5.52M |
|
1823
Bath & Body Works
BBWI
$3.76B
| $10.5M | 0.01% |
213,255
+155,325
| +268% | +$7.11M |
|
1824
CALL
State Street SPDR S&P Dividend ETF
SDY
$22B
| $10.5M | 0.01% |
152,800
-16,000
| -9% | -$1.1M |
|
1825
CALL
BioMarin Pharmaceuticals
BMRN
$12.6B
| $10.5M | 0.01% |
145,600
+800
| +0.6% | +$53.2K |
|
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.