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 | |
|---|---|---|---|---|---|---|
326
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.72B
| $95M | 0.05% |
2,592,600
+11,700
| +0.5% | +$424K |
|
327
PUT
Lockheed Martin
LMT
$130B
| $94.8M | 0.05% |
743,000
+52,700
| +8% | +$6.4M |
|
328
PUT
Cleveland-Cliffs
CLF
$6.69B
| $94.7M | 0.05% |
4,621,200
+417,200
| +10% | +$8.58M |
|
|
CHK
329
DELISTED
Chesapeake Energy Corporation
CHK
| $94.3M | 0.05% |
19,251
-501
| -3% | -$2.32M |
|
330
PUT
Phillips 66
PSX
$95.8B
| $94.1M | 0.05% |
1,628,300
+74,300
| +5% | +$4.31M |
|
|
DISH
331
CALL
DELISTED
DISH Network Corp.
DISH
| $93.9M | 0.05% |
2,087,100
+47,600
| +2% | +$2.14M |
|
332
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.78B
| $93.8M | 0.05% |
2,303,000
+1,759,650
| +324% | +$75.4M |
|
333
CALL
APA Corp
APA
$14.8B
| $93.7M | 0.05% |
1,100,400
+458,000
| +71% | +$38M |
|
|
AMTD
334
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $93.7M | 0.05% |
3,578,200
+14,700
| +0.4% | +$391K |
|
335
PUT
Equinix
EQIX
$104B
| $93.5M | 0.05% |
509,300
-38,200
| -7% | -$6.92M |
|
336
PUT
Halliburton
HAL
$28.6B
| $93.4M | 0.05% |
1,940,500
-21,400
| -1% | -$1M |
|
337
PUT
First Solar
FSLR
$22.7B
| $91.6M | 0.05% |
2,277,300
+387,300
| +20% | +$16.4M |
|
338
CALL
C.H. Robinson
CHRW
$16.7B
| $91.6M | 0.05% |
1,537,400
+326,300
| +27% | +$19.2M |
|
|
X
339
PUT
DELISTED
US Steel
X
| $90M | 0.05% |
4,371,700
-237,200
| -5% | -$4.47M |
|
340
CALL
Sarepta Therapeutics
SRPT
$1.93B
| $89.5M | 0.05% |
1,894,600
+577,000
| +44% | +$22.2M |
|
341
PUT
Liberty Global Class A
LBTYA
$3.66B
| $89.4M | 0.05% |
2,731,448
-389,202
| -12% | -$12.6M |
|
342
CALL
Exelon
EXC
$45.6B
| $89.1M | 0.05% |
4,213,431
-178,474
| -4% | -$3.9M |
|
343
CALL
Best Buy
BBY
$18.6B
| $89M | 0.05% |
2,373,900
+54,700
| +2% | +$1.82M |
|
344
The Mosaic Company
MOS
$7.54B
| $89M | 0.05% |
2,069,111
+1,632,097
| +373% | +$76M |
|
|
PNRA
345
PUT
DELISTED
Panera Bread Co
PNRA
| $88.9M | 0.05% |
560,500
+134,900
| +32% | +$23.4M |
|
346
PUT
International Paper
IP
$21.8B
| $88.8M | 0.05% |
2,122,508
+247,886
| +13% | +$11M |
|
347
CALL
Valero Energy
VLO
$99.4B
| $88.8M | 0.05% |
2,599,400
+609,300
| +31% | +$21.5M |
|
|
348
PUT
APA Corp
APA
$14.8B
| $88.7M | 0.05% |
1,041,500
-125,500
| -11% | -$10.4M |
|
349
CALL
AutoZone
AZO
$48.9B
| $88.6M | 0.05% |
209,700
+67,500
| +47% | +$28.9M |
|
350
PUT
F5
FFIV
$21.6B
| $88.2M | 0.05% |
1,028,800
+294,600
| +40% | +$25M |
|
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.