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 | |
|---|---|---|---|---|---|---|
826
PUT
Thermo Fisher Scientific
TMO
$232B
| $33.1M | 0.02% |
358,800
+240,400
| +203% | +$21.7M |
|
827
CALL
Southern Company
SO
$103B
| $33.1M | 0.02% |
802,800
+135,200
| +20% | +$5.82M |
|
828
AGNC Investment
AGNC
$12.9B
| $33M | 0.02% |
1,464,256
-679,386
| -32% | -$15.3M |
|
829
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $33M | 0.02% |
653,196
-215,936
| -25% | -$10.8M |
|
830
CALL
Lennar Class A
LEN
$21.1B
| $33M | 0.02% |
978,808
-1,098,992
| -53% | -$35.6M |
|
|
PARA
831
PUT
DELISTED
Paramount Global Class B
PARA
| $32.9M | 0.02% |
597,100
+56,000
| +10% | +$2.98M |
|
832
PUT
State Street
STT
$53B
| $32.8M | 0.02% |
499,300
+110,000
| +28% | +$7.53M |
|
|
DELL
833
DELISTED
DELL INC
DELL
| $32.7M | 0.02% |
2,374,934
-1,187,668
| -33% | -$16.1M |
|
|
DTV
834
DELISTED
DIRECTV COM STK (DE)
DTV
| $32.6M | 0.02% |
545,703
+181,641
| +50% | +$11.2M |
|
835
CALL
Emerson Electric
EMR
$86.4B
| $32.5M | 0.02% |
502,800
-1,100
| -0.2% | -$67.3K |
|
|
HOT
836
CALL
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $32.4M | 0.02% |
487,800
+64,400
| +15% | +$4.26M |
|
|
LINE
837
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
| $32.4M | 0.02% |
1,249,913
+730,360
| +141% | +$18.9M |
|
838
Costco
COST
$426B
| $32.4M | 0.02% |
281,329
-95,953
| -25% | -$11.1M |
|
839
Walt Disney
DIS
$192B
| $32.3M | 0.02% |
501,408
+342,525
| +216% | +$22M |
|
840
PUT
Assured Guaranty
AGO
$3.3B
| $32.3M | 0.02% |
1,723,700
+353,300
| +26% | +$7.47M |
|
|
DTV
841
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
| $32.3M | 0.02% |
540,700
-197,600
| -27% | -$12.2M |
|
842
PUT
Lumen
LUMN
$6.08B
| $32.3M | 0.02% |
1,029,300
+71,400
| +7% | +$2.43M |
|
|
FIO
843
PUT
DELISTED
FUSION-IO INC COM
FIO
| $32.3M | 0.02% |
2,409,400
+591,600
| +33% | +$7.8M |
|
844
PUT
General Mills
GIS
$21.3B
| $32.2M | 0.02% |
671,700
-107,000
| -14% | -$5.37M |
|
845
International Paper
IP
$21.7B
| $32.1M | 0.02% |
768,310
+150,401
| +24% | +$6.69M |
|
|
WW
846
PUT
DELISTED
WW International
WW
| $32.1M | 0.02% |
860,000
+624,900
| +266% | +$25.2M |
|
847
iShares MSCI Mexico ETF
EWW
$1.81B
| $32.1M | 0.02% |
502,633
+321,614
| +178% | +$21.2M |
|
848
CALL
Mondelez International
MDLZ
$80.4B
| $32.1M | 0.02% |
1,020,400
-871,100
| -46% | -$27M |
|
|
USG
849
PUT
DELISTED
Usg
USG
| $32.1M | 0.02% |
1,121,700
+262,500
| +31% | +$6.67M |
|
|
850
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $32M | 0.02% |
798,400
+26,200
| +3% | +$1.04M |
|
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.