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 | |
|---|---|---|---|---|---|---|
776
CALL
KLA
KLAC
$240B
| $35.4M | 0.02% |
5,823,000
-1,417,000
| -20% | -$8.31M |
|
777
PUT
Duke Energy
DUK
$94.8B
| $35.3M | 0.02% |
529,000
+21,600
| +4% | +$1.47M |
|
778
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $35.3M | 0.02% |
1,680,800
-1,828,800
| -52% | -$37.4M |
|
779
Honeywell
HON
$68.4B
| $35.3M | 0.02% |
472,891
+316,446
| +202% | +$23.5M |
|
|
CRR
780
CALL
DELISTED
Carbo Ceramics Inc.
CRR
| $35.3M | 0.02% |
355,900
+171,800
| +93% | +$14.6M |
|
|
OUTR
781
CALL
DELISTED
OUTERWALL INC
OUTR
| $35.2M | 0.02% |
704,900
+197,600
| +39% | +$11.6M |
|
|
AVB
782
CALL
DELISTED
AvalonBay Communities
AVB
| $35.2M | 0.02% |
277,200
-81,200
| -23% | -$10.7M |
|
783
CALL
NextEra Energy
NEE
$176B
| $35.2M | 0.02% |
1,754,800
+998,400
| +132% | +$20.6M |
|
784
PUT
Cirrus Logic
CRUS
$5.58B
| $35.1M | 0.02% |
1,548,300
+781,100
| +102% | +$16.1M |
|
785
PUT
Autodesk
ADSK
$53B
| $35.1M | 0.02% |
852,800
+345,600
| +68% | +$12.8M |
|
786
CALL
Kinder Morgan
KMI
$68.9B
| $35.1M | 0.02% |
986,900
-246,700
| -20% | -$9.25M |
|
787
First Solar
FSLR
$22.2B
| $35.1M | 0.02% |
872,022
+325,051
| +59% | +$13.7M |
|
788
CALL
Eagle Materials
EXP
$6.1B
| $35M | 0.02% |
482,900
+465,200
| +2,628% | +$31.6M |
|
789
Weyerhaeuser
WY
$17.6B
| $35M | 0.02% |
1,222,388
+882,547
| +260% | +$25M |
|
|
GM.WS.B
790
DELISTED
General Motors Company
GM.WS.B
| $34.9M | 0.02% |
1,878,685
| – | – |
|
791
CALL
iShares Russell Mid-Cap ETF
IWR
$57.4B
| $34.9M | 0.02% |
1,002,400
+917,600
| +1,082% | +$31.4M |
|
|
MJN
792
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $34.8M | 0.02% |
468,800
+173,700
| +59% | +$13M |
|
|
NUAN
793
PUT
DELISTED
Nuance Communications, Inc.
NUAN
| $34.7M | 0.02% |
2,145,182
+638,138
| +42% | +$10.6M |
|
|
RHT
794
PUT
DELISTED
Red Hat Inc
RHT
| $34.6M | 0.02% |
750,800
+343,700
| +84% | +$17.4M |
|
|
795
CALL
Cirrus Logic
CRUS
$5.58B
| $34.6M | 0.02% |
1,527,200
+195,000
| +15% | +$4.03M |
|
796
CALL
Expedia Group
EXPE
$40.6B
| $34.6M | 0.02% |
667,300
+125,500
| +23% | +$6.71M |
|
|
NVO
797
PUT
Novo Nordisk
NVO
$215B
| $34.4M | 0.02% |
2,033,000
+107,000
| +6% | +$1.8M |
|
798
CALL
Nucor
NUE
$56.2B
| $34.4M | 0.02% |
701,800
-327,900
| -32% | -$15.4M |
|
799
Valero Energy
VLO
$98B
| $34.3M | 0.02% |
1,005,578
-252,829
| -20% | -$8.94M |
|
|
AET
800
PUT
DELISTED
Aetna Inc
AET
| $34.3M | 0.02% |
535,900
-66,500
| -11% | -$4.26M |
|
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.