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 | |
|---|---|---|---|---|---|---|
|
MLNX
1301
CALL
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $17.6M | 0.01% |
463,800
+41,900
| +10% | +$1.79M |
|
1302
CALL
AngloGold Ashanti
AU
$59.7B
| $17.6M | 0.01% |
1,324,800
+184,500
| +16% | +$2.47M |
|
|
SD
1303
CALL
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $17.6M | 0.01% |
3,001,800
+391,600
| +15% | +$2.1M |
|
1304
SLB Ltd
SLB
$79.5B
| $17.6M | 0.01% |
198,667
-297,743
| -60% | -$24.5M |
|
1305
CALL
Edwards Lifesciences
EW
$52.3B
| $17.5M | 0.01% |
1,512,000
-232,800
| -13% | -$2.72M |
|
|
SGI
1306
CALL
Somnigroup International
SGI
$13.2B
| $17.5M | 0.01% |
1,594,800
-580,400
| -27% | -$6.03M |
|
|
RAD
1307
PUT
DELISTED
Rite Aid Corporation
RAD
| $17.5M | 0.01% |
183,955
+29,590
| +19% | +$2.02M |
|
|
MRO
1308
PUT
DELISTED
Marathon Oil Corporation
MRO
| $17.5M | 0.01% |
501,700
+235,000
| +88% | +$8.36M |
|
|
RSX
1309
CALL
DELISTED
VanEck Russia ETF
RSX
| $17.5M | 0.01% |
619,400
-929,900
| -60% | -$25M |
|
1310
iShares Gold Trust
IAU
$68.1B
| $17.5M | 0.01% |
676,959
+611,420
| +933% | +$15.8M |
|
1311
Illumina
ILMN
$34B
| $17.4M | 0.01% |
221,513
-97,458
| -31% | -$7.46M |
|
|
TFCFA
1312
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $17.4M | 0.01% |
+519,102
| New | +$16.3M |
|
1313
CALL
Annaly Capital Management
NLY
$17.2B
| $17.4M | 0.01% |
375,400
+103,675
| +38% | +$4.88M |
|
1314
ConocoPhillips
COP
$157B
| $17.4M | 0.01% |
249,947
+82,271
| +49% | +$5.49M |
|
|
CEO
1315
DELISTED
CNOOC Limited
CEO
| $17.4M | 0.01% |
86,071
-22,950
| -21% | -$4.37M |
|
1316
Archer Daniels Midland
ADM
$38.6B
| $17.3M | 0.01% |
470,597
+168,198
| +56% | +$6.12M |
|
|
TIBX
1317
PUT
DELISTED
TIBCO SOFTWARE INC
TIBX
| $17.3M | 0.01% |
674,600
-33,400
| -5% | -$798K |
|
|
WFT
1318
PUT
DELISTED
Weatherford International plc
WFT
| $17.3M | 0.01% |
1,126,000
+123,900
| +12% | +$1.82M |
|
1319
PUT
Open Text
OTEX
$5.89B
| $17.3M | 0.01% |
924,400
+142,400
| +18% | +$2.5M |
|
1320
PUT
ProShares UltraPro S&P 500
UPRO
$5.5B
| $17.2M | 0.01% |
2,858,400
-333,600
| -10% | -$1.98M |
|
|
CIT
1321
PUT
DELISTED
CIT Group Inc.
CIT
| $17.2M | 0.01% |
353,100
+106,300
| +43% | +$5.22M |
|
1322
PUT
Oneok
OKE
$59.8B
| $17.2M | 0.01% |
368,017
-139,006
| -27% | -$6.03M |
|
1323
CALL
iShares US Home Construction ETF
ITB
$2.27B
| $17.1M | 0.01% |
767,200
+520,000
| +210% | +$11.4M |
|
|
CIT
1324
CALL
DELISTED
CIT Group Inc.
CIT
| $17.1M | 0.01% |
351,300
-159,600
| -31% | -$7.84M |
|
|
STJ
1325
PUT
DELISTED
St Jude Medical
STJ
| $17.1M | 0.01% |
319,000
+56,000
| +21% | +$2.88M |
|
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.