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 | |
|---|---|---|---|---|---|---|
426
CALL
eBay
EBAY
$47.3B
| $72.5M | 0.04% |
3,089,513
+1,395,425
| +82% | +$31.3M |
|
|
VIAB
427
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $72.4M | 0.04% |
866,500
+585,600
| +208% | +$45.3M |
|
428
PUT
Seagate
STX
$179B
| $72.3M | 0.04% |
1,652,900
+68,200
| +4% | +$2.87M |
|
|
ESRX
429
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $72.1M | 0.04% |
1,166,400
-768,700
| -40% | -$49.7M |
|
430
PUT
Valero Energy
VLO
$99.5B
| $71.9M | 0.04% |
2,104,700
+517,100
| +33% | +$18.3M |
|
431
Cheniere Energy
LNG
$57.8B
| $71.7M | 0.04% |
2,100,708
+99,091
| +5% | +$2.94M |
|
432
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.49B
| $71.7M | 0.04% |
35,665
+32,051
| +887% | +$87.1M |
|
|
CIE
433
CALL
DELISTED
Cobalt International Energy, Inc
CIE
| $71.4M | 0.04% |
191,360
+67,807
| +55% | +$27.4M |
|
|
IOC
434
CALL
DELISTED
Interoil Corporation
IOC
| $71.2M | 0.04% |
998,900
+378,000
| +61% | +$28.2M |
|
|
SNDK
435
PUT
DELISTED
SANDISK CORP
SNDK
| $71.2M | 0.04% |
1,196,800
+23,600
| +2% | +$1.39M |
|
436
PUT
TotalEnergies
TTE
$198B
| $70.9M | 0.04% |
1,223,600
-208,700
| -15% | -$11.3M |
|
|
AGU
437
PUT
DELISTED
Agrium
AGU
| $70.7M | 0.04% |
841,900
+350,500
| +71% | +$30.7M |
|
438
PUT
ConocoPhillips
COP
$161B
| $70.7M | 0.04% |
1,016,500
-360,900
| -26% | -$24.1M |
|
439
CALL
PNC Financial Services
PNC
$97B
| $70.6M | 0.04% |
975,100
+268,800
| +38% | +$20.1M |
|
440
PUT
Costco
COST
$430B
| $70.6M | 0.04% |
613,200
+4,200
| +0.7% | +$485K |
|
441
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $70.3M | 0.04% |
1,514,700
-601,900
| -28% | -$27.2M |
|
|
NSM
442
CALL
DELISTED
Nationstar Mortgage Holdings
NSM
| $69.4M | 0.04% |
1,234,200
-666,600
| -35% | -$32.5M |
|
443
PUT
United Airlines
UAL
$36.6B
| $69.3M | 0.04% |
2,257,000
-268,200
| -11% | -$8.63M |
|
|
BBBY
444
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $69.2M | 0.04% |
894,100
+60,700
| +7% | +$4.55M |
|
|
CIE
445
PUT
DELISTED
Cobalt International Energy, Inc
CIE
| $69.2M | 0.04% |
185,467
+93,047
| +101% | +$37.6M |
|
446
PUT
Toyota
TM
$230B
| $68.9M | 0.04% |
538,200
+178,400
| +50% | +$22.7M |
|
|
LNC.WS
447
DELISTED
Lincoln National Corporation
LNC.WS
| $68.7M | 0.04% |
2,100,287
| – | – |
|
|
X
448
CALL
DELISTED
US Steel
X
| $68.6M | 0.04% |
3,330,100
+692,900
| +26% | +$13M |
|
|
PCYC
449
CALL
DELISTED
PHARMACYCLICS INC
PCYC
| $68.5M | 0.04% |
495,100
+150,000
| +43% | +$16.6M |
|
450
Herbalife
HLF
$1.34B
| $68M | 0.04% |
1,949,684
-1,027,500
| -35% | -$31.8M |
|
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.