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 | |
|---|---|---|---|---|---|---|
|
MBT
1826
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $10.5M | 0.01% |
471,037
-67,762
| -13% | -$1.4M |
|
1827
Moody's
MCO
$88.2B
| $10.5M | 0.01% |
148,976
+47,435
| +47% | +$3.11M |
|
1828
Tyson Foods
TSN
$19.5B
| $10.5M | 0.01% |
370,266
-54,463
| -13% | -$1.58M |
|
1829
Halliburton
HAL
$29.6B
| $10.5M | 0.01% |
217,236
-35,414
| -14% | -$1.66M |
|
|
PARA
1830
CALL
DELISTED
Paramount Global Class B
PARA
| $10.5M | 0.01% |
189,600
-409,400
| -68% | -$21.8M |
|
1831
CALL
NetEase
NTES
$78.6B
| $10.5M | 0.01% |
720,000
+65,000
| +10% | +$888K |
|
|
XEC
1832
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $10.4M | 0.01% |
108,400
+88,100
| +434% | +$7.14M |
|
1833
ResMed
RMD
$34B
| $10.4M | 0.01% |
197,650
-33,887
| -15% | -$1.64M |
|
1834
Emerson Electric
EMR
$88B
| $10.4M | 0.01% |
160,541
-56,074
| -26% | -$3.43M |
|
1835
CALL
Myriad Genetics
MYGN
$304M
| $10.4M | 0.01% |
442,000
+77,500
| +21% | +$2.2M |
|
1836
CALL
WEC Energy
WEC
$34.6B
| $10.4M | 0.01% |
257,200
+239,200
| +1,329% | +$9.96M |
|
|
KSU
1837
CALL
DELISTED
Kansas City Southern
KSU
| $10.4M | 0.01% |
94,900
+27,200
| +40% | +$2.99M |
|
|
NBL
1838
DELISTED
Noble Energy, Inc.
NBL
| $10.4M | 0.01% |
154,779
+16,646
| +12% | +$1.07M |
|
1839
PUT
Universal Display
OLED
$3.9B
| $10.4M | 0.01% |
323,600
-36,700
| -10% | -$1.17M |
|
1840
Celldex Therapeutics
CLDX
$3.18B
| $10.4M | 0.01% |
19,490
+5,174
| +36% | +$1.77M |
|
1841
CALL
Teradata
TDC
$2.66B
| $10.4M | 0.01% |
186,800
-154,100
| -45% | -$9.05M |
|
|
DNKN
1842
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $10.4M | 0.01% |
228,800
+29,900
| +15% | +$1.31M |
|
|
EA
1843
DELISTED
Electronic Arts
EA
| $10.3M | 0.01% |
405,101
-70,691
| -15% | -$1.84M |
|
|
MHFI
1844
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $10.3M | 0.01% |
157,613
-106,573
| -40% | -$6.46M |
|
1845
Kroger
KR
$34.9B
| $10.3M | 0.01% |
512,196
-404,176
| -44% | -$7.77M |
|
|
EPB
1846
CALL
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
| $10.3M | 0.01% |
243,800
-7,400
| -3% | -$313K |
|
|
GES
1847
PUT
DELISTED
Guess Inc
GES
| $10.3M | 0.01% |
344,800
-186,700
| -35% | -$5.84M |
|
1848
PUT
Johnson Controls International
JCI
$86.1B
| $10.3M | 0.01% |
236,553
+4,584
| +2% | +$194K |
|
|
UPL
1849
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $10.3M | 0.01% |
499,289
-732,761
| -59% | -$15.4M |
|
1850
CALL
Intuit
INTU
$95.2B
| $10.2M | 0.01% |
154,500
-92,800
| -38% | -$5.98M |
|
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.