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 | |
|---|---|---|---|---|---|---|
576
PUT
Baxter International
BAX
$13.6B
| $51.7M | 0.03% |
1,448,499
-1,125,587
| -44% | -$43.7M |
|
|
OUTR
577
PUT
DELISTED
OUTERWALL INC
OUTR
| $51.7M | 0.03% |
1,033,900
+218,400
| +27% | +$12.9M |
|
578
PUT
Range Resources
RRC
$9.58B
| $51.7M | 0.03% |
680,900
+53,300
| +8% | +$4.16M |
|
579
Williams Companies
WMB
$87.9B
| $51.6M | 0.03% |
1,418,568
-956,435
| -40% | -$33.5M |
|
|
580
CALL
Range Resources
RRC
$9.58B
| $51.5M | 0.03% |
678,800
+153,700
| +29% | +$12M |
|
|
ATHN
581
CALL
DELISTED
Athenahealth, Inc.
ATHN
| $51.3M | 0.03% |
472,500
+320,800
| +211% | +$34.7M |
|
|
ARMH
582
CALL
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $50.8M | 0.03% |
1,056,700
+57,200
| +6% | +$2.42M |
|
|
MON
583
CALL
DELISTED
Monsanto Co
MON
| $50.8M | 0.03% |
487,100
-90,600
| -16% | -$9.1M |
|
584
PUT
Zillow
ZG
$8.35B
| $50.6M | 0.03% |
1,798,200
+620,400
| +53% | +$17.1M |
|
585
CALL
Applied Materials
AMAT
$379B
| $50.5M | 0.03% |
2,876,800
+1,934,300
| +205% | +$30.9M |
|
586
Alcoa
AA
$13.4B
| $50.3M | 0.03% |
2,579,864
+4,220
| +0.2% | +$81.6K |
|
587
PUT
United Parcel Service
UPS
$89.3B
| $50.3M | 0.03% |
550,400
-26,100
| -5% | -$2.29M |
|
588
PUT
SiriusXM
SIRI
$9.77B
| $50M | 0.03% |
1,293,250
-13,780
| -1% | -$513K |
|
589
PUT
ProShares Ultra S&P500
SSO
$8.4B
| $49.8M | 0.03% |
9,417,600
-745,600
| -7% | -$3.9M |
|
590
PUT
C.H. Robinson
CHRW
$16.8B
| $49.5M | 0.03% |
831,500
+54,700
| +7% | +$3.21M |
|
591
PUT
PNC Financial Services
PNC
$97.5B
| $49.5M | 0.03% |
683,400
+114,300
| +20% | +$8.53M |
|
|
BHI
592
CALL
DELISTED
Baker Hughes
BHI
| $49.4M | 0.03% |
1,006,400
+277,100
| +38% | +$13.4M |
|
|
ETP
593
PUT
DELISTED
Energy Transfer Partners L.p.
ETP
| $49.4M | 0.03% |
947,900
+95,000
| +11% | +$4.9M |
|
594
PUT
Deutsche Bank
DB
$73.1B
| $49.2M | 0.03% |
1,258,975
-90,379
| -7% | -$3.48M |
|
|
XLNX
595
CALL
DELISTED
Xilinx Inc
XLNX
| $49.1M | 0.03% |
1,047,700
+578,400
| +123% | +$26M |
|
|
RHT
596
CALL
DELISTED
Red Hat Inc
RHT
| $48.9M | 0.03% |
1,059,800
+281,600
| +36% | +$14.3M |
|
597
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $48.7M | 0.03% |
286,360
+75,480
| +36% | +$13.3M |
|
598
CALL
Wolfspeed
WOLF
$1.31B
| $48.6M | 0.03% |
808,200
-215,400
| -21% | -$13.7M |
|
599
CALL
Newmont
NEM
$141B
| $48.4M | 0.03% |
1,722,800
-978,300
| -36% | -$29M |
|
|
TWX
600
CALL
DELISTED
Time Warner Inc
TWX
| $48.3M | 0.03% |
765,353
+396,548
| +108% | +$23.7M |
|
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.