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 | |
|---|---|---|---|---|---|---|
1201
CALL
Align Technology
ALGN
$11.4B
| $19.6M | 0.01% |
406,700
+111,100
| +38% | +$4.85M |
|
1202
CALL
Lincoln National
LNC
$8.19B
| $19.5M | 0.01% |
465,200
-62,200
| -12% | -$2.63M |
|
|
CRR
1203
PUT
DELISTED
Carbo Ceramics Inc.
CRR
| $19.5M | 0.01% |
196,900
+24,500
| +14% | +$2.08M |
|
|
NBL
1204
PUT
DELISTED
Noble Energy, Inc.
NBL
| $19.5M | 0.01% |
291,200
-62,200
| -18% | -$3.98M |
|
1205
CALL
Gen Digital
GEN
$17.6B
| $19.5M | 0.01% |
788,300
-588,900
| -43% | -$14.8M |
|
|
GAP
1206
CALL
The Gap Inc
GAP
$7.61B
| $19.4M | 0.01% |
482,500
-35,200
| -7% | -$1.52M |
|
1207
CALL
iShares MSCI Australia ETF
EWA
$1.35B
| $19.4M | 0.01% |
769,000
+366,400
| +91% | +$8.81M |
|
1208
CALL
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.18B
| $19.4M | 0.01% |
358,600
+289,800
| +421% | +$15.1M |
|
1209
CALL
Dollar Tree
DLTR
$25.4B
| $19.4M | 0.01% |
339,600
+83,400
| +33% | +$4.5M |
|
|
LLL
1210
DELISTED
L3 Technologies, Inc.
LLL
| $19.4M | 0.01% |
205,331
-8,289
| -4% | -$764K |
|
|
FIRE
1211
CALL
DELISTED
SOURCEFIRE INC COM STK
FIRE
| $19.4M | 0.01% |
255,300
-138,700
| -35% | -$9.91M |
|
|
AEGR
1212
DELISTED
Aegerion Pharmaceuticals
AEGR
| $19.3M | 0.01% |
225,733
+12,167
| +6% | +$1.03M |
|
1213
Cleveland-Cliffs
CLF
$6.68B
| $19.3M | 0.01% |
943,541
-760,075
| -45% | -$15.6M |
|
1214
PUT
Advanced Micro Devices
AMD
$787B
| $19.3M | 0.01% |
5,065,500
+1,575,200
| +45% | +$6M |
|
1215
FedEx
FDX
$80.2B
| $19.3M | 0.01% |
169,119
-34,035
| -17% | -$3.67M |
|
|
PNRA
1216
DELISTED
Panera Bread Co
PNRA
| $19.3M | 0.01% |
121,686
+112,963
| +1,295% | +$19.6M |
|
1217
PUT
Ionis Pharmaceuticals
IONS
$10.5B
| $19.3M | 0.01% |
513,400
+71,300
| +16% | +$2.13M |
|
1218
PUT
Southern Copper
SCCO
$181B
| $19.3M | 0.01% |
772,347
+265,491
| +52% | +$6.78M |
|
|
S
1219
PUT
DELISTED
Sprint Corporation
S
| $19.3M | 0.01% |
+3,096,100
| New | +$20.4M |
|
1220
CALL
H&R Block
HRB
$6.47B
| $19.2M | 0.01% |
721,700
+129,200
| +22% | +$3.76M |
|
1221
CALL
Cemex
CX
$15.9B
| $19.2M | 0.01% |
2,006,949
+538,103
| +37% | +$5.29M |
|
1222
Royal Gold
RGLD
$22.5B
| $19.2M | 0.01% |
393,983
-93,675
| -19% | -$4.86M |
|
|
NBIS
1223
CALL
Nebius Group N.V.
NBIS
$58.7B
| $19.2M | 0.01% |
526,200
-21,600
| -4% | -$710K |
|
|
CVC
1224
CALL
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $19.1M | 0.01% |
1,136,800
+665,100
| +141% | +$12.2M |
|
1225
PUT
Terex
TEX
$7.44B
| $19.1M | 0.01% |
568,500
-71,800
| -11% | -$2.18M |
|
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.