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 | |
|---|---|---|---|---|---|---|
301
PUT
Deere & Co
DE
$175B
| $101M | 0.05% |
1,241,700
-227,600
| -15% | -$19M |
|
|
302
Pfizer
PFE
$160B
| $101M | 0.05% |
3,694,801
-32,615,407
| -90% | -$887M |
|
303
CALL
Caterpillar
CAT
$381B
| $100M | 0.05% |
1,203,400
+89,300
| +8% | +$7.55M |
|
304
CALL
Whirlpool
WHR
$2.63B
| $100M | 0.05% |
685,100
+235,500
| +52% | +$31.2M |
|
305
Blackstone
BX
$108B
| $100M | 0.05% |
4,105,230
+574,880
| +16% | +$12.8M |
|
306
CALL
Eli Lilly
LLY
$1.12T
| $100M | 0.05% |
1,992,000
+397,600
| +25% | +$20.8M |
|
|
QIHU
307
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $100M | 0.05% |
1,203,500
+130,000
| +12% | +$9.13M |
|
308
CALL
UnitedHealth
UNH
$350B
| $99.9M | 0.05% |
1,394,800
+174,300
| +14% | +$12.5M |
|
309
CALL
Phillips 66
PSX
$96.9B
| $99.3M | 0.05% |
1,718,200
-1,228,700
| -42% | -$71.2M |
|
310
CALL
Verizon
VZ
$205B
| $99.3M | 0.05% |
2,128,600
+480,400
| +29% | +$23.5M |
|
311
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.23B
| $99.2M | 0.05% |
2,070,400
+1,017,100
| +97% | +$47.7M |
|
|
SNDK
312
CALL
DELISTED
SANDISK CORP
SNDK
| $99M | 0.05% |
1,664,200
-923,700
| -36% | -$54.3M |
|
313
PUT
Best Buy
BBY
$18.1B
| $98.5M | 0.05% |
2,625,700
+957,100
| +57% | +$31.8M |
|
|
MON
314
PUT
DELISTED
Monsanto Co
MON
| $98.4M | 0.05% |
942,600
+33,700
| +4% | +$3.39M |
|
315
CALL
Capital One
COF
$134B
| $98.2M | 0.05% |
1,427,900
+575,400
| +67% | +$38.7M |
|
316
CALL
CME Group
CME
$98.9B
| $98M | 0.05% |
1,327,000
+18,000
| +1% | +$1.33M |
|
317
CALL
Union Pacific
UNP
$183B
| $97.9M | 0.05% |
1,260,600
+242,200
| +24% | +$19.1M |
|
318
CALL
AbbVie
ABBV
$468B
| $97.8M | 0.05% |
2,186,800
+740,400
| +51% | +$32.8M |
|
319
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56B
| $97.7M | 0.05% |
5,587,055
-5,406,615
| -49% | -$95.9M |
|
320
PUT
Oracle
ORCL
$422B
| $97.2M | 0.05% |
2,931,800
-918,200
| -24% | -$29.8M |
|
321
PUT
Petrobras
PBR
$123B
| $97.1M | 0.05% |
6,269,800
+462,000
| +8% | +$6.58M |
|
322
CALL
Equinix
EQIX
$105B
| $97.1M | 0.05% |
528,800
-1,840,100
| -78% | -$333M |
|
323
CALL
Morgan Stanley
MS
$336B
| $97M | 0.05% |
3,599,700
-572,800
| -14% | -$15.4M |
|
324
PUT
Abercrombie & Fitch
ANF
$4.84B
| $96.3M | 0.05% |
2,722,900
+944,900
| +53% | +$41.8M |
|
325
PUT
FedEx
FDX
$76.9B
| $96.1M | 0.05% |
842,100
+94,000
| +13% | +$10.1M |
|
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.