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 | |
|---|---|---|---|---|---|---|
851
Rio Tinto
RIO
$174B
| $32M | 0.02% |
656,663
+19,803
| +3% | +$924K |
|
|
TIBX
852
CALL
DELISTED
TIBCO SOFTWARE INC
TIBX
| $31.8M | 0.02% |
1,243,100
+953,100
| +329% | +$22.8M |
|
853
CALL
Colgate-Palmolive
CL
$72.8B
| $31.8M | 0.02% |
535,500
-478,200
| -47% | -$28.3M |
|
854
Cognizant
CTSH
$28.4B
| $31.8M | 0.02% |
773,262
-63,250
| -8% | -$2.35M |
|
|
SCHW
855
CALL
Charles Schwab
SCHW
$194B
| $31.7M | 0.02% |
1,500,900
+72,300
| +5% | +$1.57M |
|
856
CALL
Teva Pharmaceuticals
TEVA
$44.4B
| $31.7M | 0.02% |
837,900
+56,500
| +7% | +$2.2M |
|
857
TSMC
TSM
$2.16T
| $31.6M | 0.02% |
1,863,262
+181,545
| +11% | +$3.1M |
|
858
CALL
Blackstone
BX
$108B
| $31.6M | 0.02% |
1,292,296
-557,800
| -30% | -$12.4M |
|
|
JOY
859
CALL
DELISTED
Joy Global Inc
JOY
| $31.6M | 0.02% |
618,200
+116,500
| +23% | +$5.94M |
|
|
TFCF
860
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $31.5M | 0.02% |
+944,512
| New | +$29.8M |
|
861
CALL
VanEck Oil Services ETF
OIH
$1.93B
| $31.5M | 0.02% |
33,485
-1,860
| -5% | -$1.7M |
|
|
CBI
862
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $31.5M | 0.02% |
465,000
-85,500
| -16% | -$5.28M |
|
863
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $31.5M | 0.02% |
263,300
+231,400
| +725% | +$27.7M |
|
864
PUT
GSK
GSK
$104B
| $31.5M | 0.02% |
501,680
+68,800
| +16% | +$4.43M |
|
865
CALL
iShares US Transportation ETF
IYT
$2.28B
| $31.4M | 0.02% |
1,068,400
-148,400
| -12% | -$4.29M |
|
866
Kinder Morgan
KMI
$68.9B
| $31.4M | 0.02% |
882,811
+277,024
| +46% | +$10.4M |
|
867
CALL
Ciena
CIEN
$54.9B
| $31.4M | 0.02% |
1,256,300
+229,500
| +22% | +$5.17M |
|
868
Walmart Inc
WMT
$839B
| $31.3M | 0.02% |
1,271,043
-2,231,538
| -64% | -$56.3M |
|
869
PUT
H&R Block
HRB
$6.56B
| $31.1M | 0.02% |
1,168,400
+488,700
| +72% | +$14.2M |
|
870
Mondelez International
MDLZ
$80.4B
| $31.1M | 0.02% |
991,277
-201,846
| -17% | -$6.26M |
|
871
MetLife
MET
$60.9B
| $31.1M | 0.02% |
744,057
+215,587
| +41% | +$9.29M |
|
872
Simon Property Group
SPG
$70.9B
| $31.1M | 0.02% |
223,040
+47,876
| +27% | +$6.95M |
|
873
PUT
iShares MSCI South Korea ETF
EWY
$28B
| $31.1M | 0.02% |
499,700
+83,500
| +20% | +$4.78M |
|
|
FDO
874
PUT
DELISTED
FAMILY DOLLAR STORES
FDO
| $30.9M | 0.02% |
429,600
+218,600
| +104% | +$15.4M |
|
|
APC
875
DELISTED
Anadarko Petroleum
APC
| $30.9M | 0.02% |
332,569
-661,890
| -67% | -$60.2M |
|
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.