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 | |
|---|---|---|---|---|---|---|
|
HES
276
CALL
DELISTED
Hess
HES
| $112M | 0.06% |
1,445,800
-1,664,700
| -54% | -$124M |
|
277
CALL
Rio Tinto
RIO
$171B
| $111M | 0.06% |
2,285,200
+1,620,000
| +244% | +$75.6M |
|
|
APC
278
PUT
DELISTED
Anadarko Petroleum
APC
| $111M | 0.06% |
1,196,400
-168,200
| -12% | -$15.3M |
|
279
CALL
Cheniere Energy
LNG
$57.3B
| $111M | 0.06% |
3,256,500
+836,600
| +35% | +$24.8M |
|
|
SINA
280
PUT
DELISTED
Sina Corp
SINA
| $110M | 0.06% |
1,354,900
+43,800
| +3% | +$3.22M |
|
281
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| – | – |
0
| – | – |
|
282
PUT
Capri Holdings
CPRI
$1.55B
| $109M | 0.06% |
1,461,900
-140,300
| -9% | -$9.78M |
|
283
Verizon
VZ
$205B
| $109M | 0.06% |
2,326,748
+933,469
| +67% | +$45.6M |
|
284
Ford
F
$57.5B
| $107M | 0.06% |
6,371,012
-1,077,418
| -14% | -$18.2M |
|
285
PUT
Walt Disney
DIS
$186B
| $107M | 0.06% |
1,664,300
+586,300
| +54% | +$37.6M |
|
|
286
CALL
Walt Disney
DIS
$186B
| $106M | 0.06% |
1,649,100
-166,700
| -9% | -$10.7M |
|
287
Philip Morris
PM
$293B
| $106M | 0.06% |
1,219,389
-68,988
| -5% | -$6.03M |
|
288
CALL
Lowe's Companies
LOW
$121B
| $105M | 0.06% |
2,211,600
-818,900
| -27% | -$37.2M |
|
|
TWC
289
CALL
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $105M | 0.06% |
942,700
+507,900
| +117% | +$57.1M |
|
|
B
290
CALL
Barrick Mining
B
$78.3B
| $104M | 0.06% |
5,608,600
+1,090,000
| +24% | +$19.2M |
|
291
CALL
Home Depot
HD
$335B
| $104M | 0.06% |
1,370,500
-321,900
| -19% | -$24.8M |
|
292
Amgen
AMGN
$238B
| $104M | 0.06% |
928,645
+193,399
| +26% | +$21M |
|
293
PUT
Newmont
NEM
$139B
| $103M | 0.05% |
3,672,000
+1,058,700
| +41% | +$31.4M |
|
|
HES
294
PUT
DELISTED
Hess
HES
| $103M | 0.05% |
1,333,800
+142,900
| +12% | +$10.6M |
|
295
Teva Pharmaceuticals
TEVA
$43.5B
| $103M | 0.05% |
2,728,805
+238,760
| +10% | +$9.31M |
|
296
Qualcomm
QCOM
$169B
| $103M | 0.05% |
1,527,042
+411,286
| +37% | +$27M |
|
297
UnitedHealth
UNH
$350B
| $103M | 0.05% |
1,433,794
+387,372
| +37% | +$27.7M |
|
298
Wells Fargo
WFC
$254B
| $102M | 0.05% |
2,477,230
-122,095
| -5% | -$5.21M |
|
299
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $102M | 0.05% |
3,257,800
+384,000
| +13% | +$11M |
|
300
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $102M | 0.05% |
5,805,700
-1,435,577
| -20% | -$25.5M |
|
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.