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 | |
|---|---|---|---|---|---|---|
|
BHI
1176
DELISTED
Baker Hughes
BHI
| $20.3M | 0.01% |
412,439
-100,899
| -20% | -$4.87M |
|
1177
PUT
VirnetX Holding Corp
VHC
$56M
| $20.2M | 0.01% |
49,595
-11,345
| -19% | -$4.48M |
|
1178
PUT
Melco Resorts & Entertainment
MLCO
$2.06B
| $20.2M | 0.01% |
635,500
-937,400
| -60% | -$25M |
|
1179
PUT
Norfolk Southern
NSC
$79.3B
| $20.2M | 0.01% |
261,300
-5,500
| -2% | -$412K |
|
1180
Kinross Gold
KGC
$38.5B
| $20.2M | 0.01% |
3,998,027
-171,571
| -4% | -$908K |
|
|
GDP
1181
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $20.2M | 0.01% |
+829,864
| New | +$16.7M |
|
|
PAY
1182
CALL
DELISTED
Verifone Systems Inc
PAY
| $20.1M | 0.01% |
879,800
-57,600
| -6% | -$1.15M |
|
1183
Eli Lilly
LLY
$1.07T
| $20.1M | 0.01% |
399,581
-237,495
| -37% | -$12.4M |
|
|
PCP
1184
PUT
DELISTED
PRECISION CASTPARTS CORP
PCP
| $20.1M | 0.01% |
88,300
+14,800
| +20% | +$3.34M |
|
1185
CALL
United States Natural Gas Fund
UNG
$524M
| $20.1M | 0.01% |
68,594
+24,788
| +57% | +$7.44M |
|
1186
CALL
Paychex
PAYX
$44.5B
| $20.1M | 0.01% |
493,600
-46,500
| -9% | -$1.84M |
|
1187
CALL
Pitney Bowes
PBI
$2.34B
| $20M | 0.01% |
1,100,700
+95,500
| +10% | +$1.57M |
|
1188
PUT
Genworth Financial
GNW
$3.73B
| $19.9M | 0.01% |
1,554,900
-305,600
| -16% | -$3.83M |
|
1189
CALL
Bath & Body Works
BBWI
$3.79B
| $19.9M | 0.01% |
402,767
+25,358
| +7% | +$1.16M |
|
1190
PUT
Illinois Tool Works
ITW
$81B
| $19.9M | 0.01% |
260,800
+27,900
| +12% | +$2.04M |
|
|
K
1191
PUT
DELISTED
Kellanova
K
| $19.9M | 0.01% |
360,503
+228,230
| +173% | +$13.6M |
|
|
GAP
1192
PUT
The Gap Inc
GAP
$7.71B
| $19.9M | 0.01% |
493,100
-37,600
| -7% | -$1.62M |
|
1193
CALL
Southern Copper
SCCO
$180B
| $19.8M | 0.01% |
794,617
+131,545
| +20% | +$3.36M |
|
1194
Sempra
SRE
$55.7B
| $19.8M | 0.01% |
463,120
-142,624
| -24% | -$6.06M |
|
|
SPLS
1195
CALL
DELISTED
Staples Inc
SPLS
| $19.8M | 0.01% |
1,350,300
-107,300
| -7% | -$1.68M |
|
1196
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.19B
| $19.8M | 0.01% |
364,654
+323,236
| +780% | +$16.9M |
|
|
RAX
1197
CALL
DELISTED
Rackspace Hosting Inc
RAX
| $19.7M | 0.01% |
373,100
-47,400
| -11% | -$2.19M |
|
|
AUY
1198
DELISTED
Yamana Gold, Inc.
AUY
| $19.7M | 0.01% |
1,890,816
-316,348
| -14% | -$3.33M |
|
1199
ArcelorMittal
MT
$56.4B
| $19.7M | 0.01% |
628,758
-85,265
| -12% | -$2.56M |
|
1200
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$760M
| $19.6M | 0.01% |
16,190
-6,478
| -29% | -$7.64M |
|
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.