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 | |
|---|---|---|---|---|---|---|
501
CALL
Comcast
CMCSA
$96.6B
| $60.3M | 0.03% |
2,672,200
+381,600
| +17% | +$8.31M |
|
|
NUAN
502
DELISTED
Nuance Communications, Inc.
NUAN
| $60.3M | 0.03% |
3,724,116
+2,449,055
| +192% | +$40.5M |
|
|
SODA
503
PUT
DELISTED
SodaStream International Ltd
SODA
| $60.2M | 0.03% |
964,700
-206,900
| -18% | -$13.1M |
|
504
PUT
Clorox
CLX
$12.7B
| $60.2M | 0.03% |
736,200
-287,400
| -28% | -$24.3M |
|
505
PUT
Mondelez International
MDLZ
$81B
| $60.2M | 0.03% |
1,914,400
-1,769,300
| -48% | -$54.9M |
|
506
CALL
Elevance Health
ELV
$86.6B
| $60.1M | 0.03% |
718,900
+135,200
| +23% | +$11.6M |
|
507
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $60M | 0.03% |
1,294,993
-297,560
| -19% | -$13.5M |
|
508
Merck
MRK
$382B
| $59.8M | 0.03% |
1,316,469
-582,555
| -31% | -$26.6M |
|
|
SOHU
509
PUT
Sohu.com
SOHU
$372M
| $59.8M | 0.03% |
758,000
+385,800
| +104% | +$25.3M |
|
|
AMTD
510
DELISTED
TD Ameritrade Holding Corp
AMTD
| $59.8M | 0.03% |
2,282,401
+2,250,885
| +7,142% | +$59.8M |
|
511
CALL
Akamai
AKAM
$15B
| $59.6M | 0.03% |
1,152,600
+328,400
| +40% | +$15.5M |
|
512
PUT
Ralph Lauren
RL
$21.7B
| $59.1M | 0.03% |
358,900
+136,700
| +62% | +$23.7M |
|
513
PUT
Exelon
EXC
$45.5B
| $59M | 0.03% |
2,792,924
-334,237
| -11% | -$7.31M |
|
514
PUT
NOV
NOV
$7.07B
| $58.9M | 0.03% |
836,186
-558,382
| -40% | -$37.4M |
|
|
DD
515
CALL
DELISTED
Du Pont De Nemours E I
DD
| $58.7M | 0.03% |
1,056,054
-324,008
| -23% | -$17.7M |
|
516
CALL
Trip.com Group
TCOM
$28.9B
| $58.6M | 0.03% |
2,005,800
+631,000
| +46% | +$13.6M |
|
517
Union Pacific
UNP
$183B
| $58.5M | 0.03% |
753,240
-310,234
| -29% | -$24.5M |
|
518
PUT
Wheaton Precious Metals
WPM
$73.7B
| $58.5M | 0.03% |
2,360,600
-222,300
| -9% | -$5.29M |
|
519
PUT
CVS Health
CVS
$119B
| $58.4M | 0.03% |
1,029,200
+181,900
| +21% | +$10.8M |
|
520
CALL
US Bancorp
USB
$97.1B
| $58.2M | 0.03% |
1,591,800
-1,511,100
| -49% | -$56M |
|
521
PUT
Vodafone
VOD
$37.1B
| $58.2M | 0.03% |
1,621,789
-716,523
| -31% | -$22.7M |
|
522
CALL
The Mosaic Company
MOS
$7.65B
| $58.1M | 0.03% |
1,350,800
+161,400
| +14% | +$7.51M |
|
523
PUT
Cognizant
CTSH
$28.4B
| $58.1M | 0.03% |
1,414,400
-477,400
| -25% | -$17.7M |
|
|
524
PUT
Comcast
CMCSA
$96.6B
| $57.8M | 0.03% |
2,561,800
+1,079,600
| +73% | +$23.5M |
|
525
CALL
Cleveland-Cliffs
CLF
$6.53B
| $57.8M | 0.03% |
2,819,000
+547,600
| +24% | +$11.3M |
|
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.