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 | |
|---|---|---|---|---|---|---|
601
TripAdvisor
TRIP
$1.19B
| $48.2M | 0.03% |
635,010
+247,655
| +64% | +$17.5M |
|
602
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.6B
| $48.2M | 0.03% |
951,800
-14,800
| -2% | -$744K |
|
|
VXX
603
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $48M | 0.03% |
51,023
-71,716
| -58% | -$71.9M |
|
604
Altria Group
MO
$114B
| $47.9M | 0.03% |
1,394,652
-356,767
| -20% | -$12.6M |
|
|
MWE
605
CALL
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $47.8M | 0.03% |
661,800
-478,200
| -42% | -$32.8M |
|
606
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $47.7M | 0.03% |
1,573,400
-129,600
| -8% | -$3.84M |
|
607
Corning
GLW
$126B
| $47.5M | 0.03% |
3,254,779
+836,169
| +35% | +$12.4M |
|
608
PUT
iShares Biotechnology ETF
IBB
$10.9B
| $47.3M | 0.03% |
677,400
-266,100
| -28% | -$17.4M |
|
609
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $47.2M | 0.03% |
515,067
+413,648
| +408% | +$37.9M |
|
610
CALL
Constellation Brands
STZ
$23B
| $47.1M | 0.03% |
821,400
-961,600
| -54% | -$52.3M |
|
|
DTV
611
PUT
DELISTED
DIRECTV COM STK (DE)
DTV
| $47M | 0.02% |
786,100
-300,100
| -28% | -$18.5M |
|
612
Wolfspeed
WOLF
$1.31B
| $46.7M | 0.02% |
776,007
+676,191
| +677% | +$43M |
|
613
CALL
United Rentals
URI
$66B
| $46.7M | 0.02% |
800,900
+23,600
| +3% | +$1.31M |
|
614
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.79B
| $46.6M | 0.02% |
1,272,200
-490,300
| -28% | -$17.8M |
|
|
615
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $46.5M | 0.02% |
1,535,000
-113,400
| -7% | -$3.36M |
|
|
COF.WS
616
DELISTED
Capital One Financial Corp
COF.WS
| $46.4M | 0.02% |
1,594,169
| – | – |
|
617
CALL
Oil States International
OIS
$505M
| $46.3M | 0.02% |
783,475
-1,480,150
| -65% | -$80.8M |
|
|
ESV
618
PUT
DELISTED
Ensco Rowan plc
ESV
| $46.2M | 0.02% |
214,850
+122,750
| +133% | +$28.1M |
|
619
CALL
Honeywell
HON
$68.1B
| $46.2M | 0.02% |
618,658
-109,509
| -15% | -$8.13M |
|
620
CALL
Oneok
OKE
$58.3B
| $46.1M | 0.02% |
988,003
+256,424
| +35% | +$11.1M |
|
621
PUT
Fossil Group
FOSL
$321M
| $46.1M | 0.02% |
396,700
-18,400
| -4% | -$2.1M |
|
622
CALL
iShares Core S&P 500 ETF
IVV
$893B
| $46.1M | 0.02% |
271,400
+60,400
| +29% | +$10.2M |
|
623
Invesco DB Commodity Index Tracking Fund
DBC
$1.81B
| $46.1M | 0.02% |
+1,789,244
| New | +$46.7M |
|
|
624
CALL
Altria Group
MO
$114B
| $46M | 0.02% |
1,338,000
+294,500
| +28% | +$10.4M |
|
625
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $46M | 0.02% |
1,503,400
-230,000
| -13% | -$6.88M |
|
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.