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 | |
|---|---|---|---|---|---|---|
1001
PUT
Xerox
XRX
$387M
| $25.9M | 0.01% |
955,733
+16,850
| +2% | +$443K |
|
1002
PUT
Ulta Beauty
ULTA
$23.1B
| $25.9M | 0.01% |
216,400
-15,800
| -7% | -$1.64M |
|
1003
PUT
Darden Restaurants
DRI
$25B
| $25.7M | 0.01% |
621,882
+243,204
| +64% | +$10.6M |
|
1004
CALL
Polaris
PII
$3.62B
| $25.7M | 0.01% |
199,200
+81,100
| +69% | +$9.11M |
|
|
GRA
1005
PUT
DELISTED
W.R. Grace & Co.
GRA
| $25.7M | 0.01% |
294,200
+58,800
| +25% | +$4.87M |
|
|
1006
Xerox
XRX
$387M
| $25.6M | 0.01% |
944,450
-98,069
| -9% | -$2.58M |
|
1007
PUT
DaVita
DVA
$11.3B
| $25.6M | 0.01% |
450,000
-185,800
| -29% | -$10.6M |
|
1008
CALL
PACCAR
PCAR
$68B
| $25.6M | 0.01% |
689,850
+43,350
| +7% | +$1.61M |
|
1009
PUT
Eagle Materials
EXP
$6.1B
| $25.6M | 0.01% |
352,700
+327,500
| +1,300% | +$22.2M |
|
|
ZNGA
1010
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $25.6M | 0.01% |
6,950,892
+2,859,926
| +70% | +$9.03M |
|
1011
CALL
Weyerhaeuser
WY
$17.6B
| $25.6M | 0.01% |
892,800
+134,700
| +18% | +$3.81M |
|
|
FIO
1012
DELISTED
FUSION-IO INC COM
FIO
| $25.6M | 0.01% |
1,908,864
+271,133
| +17% | +$3.57M |
|
|
NAV
1013
PUT
DELISTED
Navistar International
NAV
| $25.5M | 0.01% |
700,300
-235,400
| -25% | -$8.01M |
|
|
GPOR
1014
CALL
DELISTED
Gulfport Energy Corp.
GPOR
| $25.5M | 0.01% |
396,500
+47,400
| +14% | +$2.65M |
|
1015
CALL
Energy Transfer Partners
ET
$72.4B
| $25.5M | 0.01% |
1,550,000
-230,000
| -13% | -$3.66M |
|
1016
PUT
Bunge Global
BG
$21.5B
| $25.5M | 0.01% |
335,500
+114,600
| +52% | +$8.68M |
|
1017
PUT
Myriad Genetics
MYGN
$305M
| $25.4M | 0.01% |
1,082,700
+434,800
| +67% | +$12.4M |
|
1018
Warner Bros
WBD
$72.5B
| $25.3M | 0.01% |
587,617
+41,986
| +8% | +$1.74M |
|
1019
PUT
General Dynamics
GD
$102B
| $25.3M | 0.01% |
289,500
-85,600
| -23% | -$7.27M |
|
|
WLT
1020
CALL
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
| $25.3M | 0.01% |
1,805,100
+41,400
| +2% | +$526K |
|
|
ATHN
1021
PUT
DELISTED
Athenahealth, Inc.
ATHN
| $25.3M | 0.01% |
232,600
+62,000
| +36% | +$6.7M |
|
1022
PUT
Enterprise Products Partners
EPD
$82.6B
| $25.3M | 0.01% |
827,400
+45,600
| +6% | +$1.39M |
|
1023
CALL
Motorola Solutions
MSI
$80.3B
| $25.2M | 0.01% |
425,000
+110,200
| +35% | +$6.34M |
|
1024
PUT
Delta Air Lines
DAL
$55B
| $25.2M | 0.01% |
1,066,500
-1,044,600
| -49% | -$21.8M |
|
1025
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.04B
| $25.2M | 0.01% |
705,500
-96,800
| -12% | -$3.5M |
|
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.