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 | |
|---|---|---|---|---|---|---|
351
CALL
Capri Holdings
CPRI
$1.55B
| $87.1M | 0.05% |
1,169,400
-301,300
| -20% | -$21M |
|
352
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$321M
| $86.9M | 0.05% |
4,016,500
+856,700
| +27% | +$19M |
|
353
PUT
Transocean
RIG
$6.61B
| $86.4M | 0.05% |
1,941,500
-331,300
| -15% | -$15.7M |
|
354
PUT
Lear
LEA
$8.56B
| $85.8M | 0.05% |
1,199,200
+1,171,700
| +4,261% | +$80.6M |
|
|
DISH
355
PUT
DELISTED
DISH Network Corp.
DISH
| $85.5M | 0.05% |
1,900,700
+542,600
| +40% | +$24.4M |
|
356
PUT
BHP
BHP
$246B
| $85.5M | 0.05% |
1,521,013
-209,921
| -12% | -$11.4M |
|
357
CALL
Marathon Petroleum
MPC
$101B
| $85.5M | 0.05% |
2,658,200
-921,000
| -26% | -$32.4M |
|
|
ALXN
358
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $84.5M | 0.04% |
727,700
+251,300
| +53% | +$27.6M |
|
359
CALL
CF Industries
CF
$19.6B
| $84.5M | 0.04% |
2,003,500
-167,000
| -8% | -$6.4M |
|
360
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.31B
| $84.4M | 0.04% |
2,692,200
-1,119,400
| -29% | -$32.1M |
|
361
CALL
Wynn Resorts
WYNN
$10.3B
| $84.2M | 0.04% |
533,000
-100,200
| -16% | -$14M |
|
362
PUT
Nokia
NOK
$57B
| $84.2M | 0.04% |
12,932,600
-5,019,400
| -28% | -$23.7M |
|
363
APA Corp
APA
$15.2B
| $84.1M | 0.04% |
987,217
-347,709
| -26% | -$28.9M |
|
|
AMTD
364
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $83.8M | 0.04% |
3,202,500
-9,983,000
| -76% | -$265M |
|
365
PUT
Eli Lilly
LLY
$1.12T
| $83.1M | 0.04% |
1,651,900
-106,300
| -6% | -$5.57M |
|
366
CALL
American Express
AXP
$227B
| $83.1M | 0.04% |
1,100,200
-543,700
| -33% | -$40.9M |
|
367
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$462M
| $83M | 0.04% |
834,100
+180,400
| +28% | +$17.9M |
|
368
CALL
RTX Corp
RTX
$283B
| $82.9M | 0.04% |
1,221,941
+430,301
| +54% | +$28.2M |
|
|
LINE
369
PUT
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $82.8M | 0.04% |
3,195,300
+929,200
| +41% | +$24.1M |
|
370
PUT
Vale
VALE
$62.1B
| $82.8M | 0.04% |
5,301,900
+15,400
| +0.3% | +$228K |
|
371
ExxonMobil
XOM
$679B
| $82.7M | 0.04% |
961,286
+120,687
| +14% | +$10.9M |
|
372
CALL
Deckers Outdoor
DECK
$12.5B
| $82.4M | 0.04% |
7,498,800
+1,588,800
| +27% | +$15.4M |
|
373
PUT
Lowe's Companies
LOW
$121B
| $82.1M | 0.04% |
1,723,600
-16,500
| -0.9% | -$749K |
|
374
PUT
Whirlpool
WHR
$2.63B
| $81.7M | 0.04% |
557,700
+118,900
| +27% | +$15.7M |
|
375
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $81.2M | 0.04% |
1,070,800
-238,400
| -18% | -$19M |
|
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.