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 | Technology | 3.9% |
| 2 | Financials | 1.72% |
| 3 | Consumer Discretionary | 1.47% |
| 4 | Energy | 1.36% |
| 5 | Healthcare | 1.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Las Vegas Sands
LVS
$30.5B
| $135M | 0.07% |
2,026,100
-492,500
| -20% | -$28.5M |
|
227
PUT
Nike
NKE
$60.5B
| $133M | 0.07% |
3,663,400
+1,632,200
| +80% | +$53.3M |
|
228
PUT
State Street SPDR S&P Retail ETF
XRT
$491M
| $133M | 0.07% |
3,233,600
+2,118,200
| +190% | +$85.3M |
|
229
CALL
iShares MSCI Mexico ETF
EWW
$1.86B
| $132M | 0.07% |
2,071,400
+1,199,400
| +138% | +$79.1M |
|
230
PUT
Bristol-Myers Squibb
BMY
$137B
| $132M | 0.07% |
2,858,700
+744,200
| +35% | +$32.7M |
|
231
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $132M | 0.07% |
582,600
-64,700
| -10% | -$14.4M |
|
232
Netflix
NFLX
$331B
| $132M | 0.07% |
29,823,360
+27,405,630
| +1,134% | +$106M |
|
233
Visteon
VC
$2.83B
| $131M | 0.07% |
1,733,712
-210,673
| -11% | -$14.6M |
|
|
WBA
234
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $131M | 0.07% |
2,433,400
+700,500
| +40% | +$35.2M |
|
|
235
CALL
Pfizer
PFE
$160B
| $130M | 0.07% |
4,765,345
-5,957,102
| -56% | -$162M |
|
|
QIHU
236
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $130M | 0.07% |
1,557,900
+884,200
| +131% | +$62.1M |
|
|
IOC
237
PUT
DELISTED
Interoil Corporation
IOC
| $130M | 0.07% |
1,816,100
-48,200
| -3% | -$3.6M |
|
238
CME Group
CME
$98.9B
| $127M | 0.07% |
1,722,114
+40,336
| +2% | +$2.97M |
|
239
Amazon
AMZN
$2.79T
| $127M | 0.07% |
8,136,700
+2,206,160
| +37% | +$32.9M |
|
|
VMW
240
PUT
DELISTED
VMware, Inc
VMW
| $127M | 0.07% |
1,571,900
+717,600
| +84% | +$58M |
|
|
241
CALL
Bristol-Myers Squibb
BMY
$137B
| $127M | 0.07% |
2,740,300
+1,180,300
| +76% | +$51.8M |
|
242
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $125M | 0.07% |
2,614,100
-650,000
| -20% | -$30.5M |
|
243
PUT
MetLife
MET
$60B
| $125M | 0.07% |
2,990,130
+402,349
| +16% | +$17.3M |
|
244
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $125M | 0.07% |
473,775
+20,625
| +5% | +$5.18M |
|
245
CALL
Kimberly-Clark
KMB
$36.4B
| $124M | 0.07% |
1,371,649
-65,501
| -5% | -$6.07M |
|
246
Baidu
BIDU
$31.6B
| $122M | 0.06% |
786,795
-50,526
| -6% | -$6.52M |
|
247
PUT
AutoZone
AZO
$48.3B
| $122M | 0.06% |
287,500
+89,600
| +45% | +$38.3M |
|
248
PUT
EOG Resources
EOG
$80.3B
| $121M | 0.06% |
1,428,600
+305,800
| +27% | +$23.7M |
|
249
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $120M | 0.06% |
797,089
+400,567
| +101% | +$61.1M |
|
250
CALL
ProShares UltraShort Silver
ZSL
$58.6M
| $120M | 0.06% |
19,666
-4,633
| -19% | -$31.3M |
|
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's Q3 2013 filing shows 1,211 new, 3,709 increased, 3,282 reduced and 982 closed positions. Its largest new stake was Invesco DB Commodity Index Tracking Fund: 1,789,244 shares worth $46.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $6.73B.
By sector, the portfolio is most concentrated in Technology at 3.9% of assets, up from 3.1% a quarter earlier, followed by Financials and Consumer Discretionary.
- 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.