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 | |
|---|---|---|---|---|---|---|
|
WCG
2326
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $6.64M | ﹤0.01% |
95,200
-272,500
| -74% | -$17.4M |
|
|
ENDP
2327
CALL
DELISTED
Endo International plc
ENDP
| $6.63M | ﹤0.01% |
146,000
-529,900
| -78% | -$21.3M |
|
2328
Cincinnati Financial
CINF
$26.4B
| $6.63M | ﹤0.01% |
140,649
-25,163
| -15% | -$1.2M |
|
2329
Affiliated Managers Group
AMG
$9.63B
| $6.63M | ﹤0.01% |
36,299
-10,146
| -22% | -$1.8M |
|
|
KERX
2330
PUT
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $6.63M | ﹤0.01% |
656,400
+170,700
| +35% | +$1.52M |
|
2331
CALL
National Grid
NGG
$80.2B
| $6.62M | ﹤0.01% |
116,195
-97,227
| -46% | -$5.48M |
|
2332
PUT
Ross Stores
ROST
$73.7B
| $6.62M | ﹤0.01% |
181,800
-4,400
| -2% | -$150K |
|
2333
Welltower
WELL
$174B
| $6.61M | ﹤0.01% |
105,987
-24,618
| -19% | -$1.57M |
|
|
RVBD
2334
DELISTED
RIVERBED TECHNOLOGY, INC COM
RVBD
| $6.61M | ﹤0.01% |
452,981
-74,178
| -14% | -$1.19M |
|
2335
CALL
Diamondback Energy
FANG
$55.6B
| $6.6M | ﹤0.01% |
+154,800
| New | +$6.29M |
|
|
THOR
2336
CALL
DELISTED
THORATEC CORPORATION
THOR
| $6.58M | ﹤0.01% |
176,500
+75,600
| +75% | +$2.64M |
|
|
AOL
2337
CALL
DELISTED
AOL INC COMMON STOCK
AOL
| $6.58M | ﹤0.01% |
190,300
-6,600
| -3% | -$235K |
|
2338
CALL
Magna International
MGA
$17.6B
| $6.57M | ﹤0.01% |
159,200
+76,400
| +92% | +$2.99M |
|
2339
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $6.54M | ﹤0.01% |
+130,064
| New | +$6.63M |
|
2340
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.3B
| $6.54M | ﹤0.01% |
89,329
+42,158
| +89% | +$3.05M |
|
2341
PUT
SBA Communications
SBAC
$20.1B
| $6.54M | ﹤0.01% |
81,300
-49,400
| -38% | -$3.75M |
|
|
DCP
2342
PUT
DELISTED
DCP Midstream, LP
DCP
| $6.54M | ﹤0.01% |
131,700
+56,000
| +74% | +$2.85M |
|
|
FWLT
2343
CALL
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $6.54M | ﹤0.01% |
248,200
-161,200
| -39% | -$3.77M |
|
2344
Targa Resources
TRGP
$61.9B
| $6.54M | ﹤0.01% |
89,557
+18,038
| +25% | +$1.25M |
|
2345
PUT
Valmont Industries
VMI
$9.16B
| $6.53M | ﹤0.01% |
47,000
+12,300
| +35% | +$1.76M |
|
2346
Campbell Soup
CPB
$6.98B
| $6.53M | ﹤0.01% |
160,323
+132,099
| +468% | +$5.92M |
|
|
LL
2347
DELISTED
LL Flooring Holdings, Inc.
LL
| $6.52M | ﹤0.01% |
61,157
-75,594
| -55% | -$7.33M |
|
|
DF
2348
PUT
DELISTED
Dean Foods Company
DF
| $6.51M | ﹤0.01% |
337,500
+147,400
| +78% | +$2.98M |
|
|
NGLS
2349
CALL
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $6.51M | ﹤0.01% |
126,500
+37,400
| +42% | +$1.88M |
|
|
PL
2350
DELISTED
PROTECTIVE LIFE CORP
PL
| $6.51M | ﹤0.01% |
152,947
+4,309
| +3% | +$184K |
|
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.