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 | |
|---|---|---|---|---|---|---|
1376
J.M. Smucker
SJM
$14B
| $16.1M | 0.01% |
152,834
-44,153
| -22% | -$4.78M |
|
|
RAI
1377
PUT
DELISTED
Reynolds American Inc
RAI
| $16M | 0.01% |
658,000
+137,600
| +26% | +$3.41M |
|
1378
CALL
Omnicom Group
OMC
$24.1B
| $16M | 0.01% |
252,900
+133,800
| +112% | +$8.52M |
|
1379
AutoZone
AZO
$49B
| $16M | 0.01% |
37,947
+5,334
| +16% | +$2.28M |
|
|
ZNGA
1380
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $16M | 0.01% |
4,356,500
+1,201,300
| +38% | +$3.79M |
|
|
PXD
1381
DELISTED
Pioneer Natural Resource Co.
PXD
| $16M | 0.01% |
84,812
-8,019
| -9% | -$1.36M |
|
|
S
1382
CALL
DELISTED
Sprint Corporation
S
| $16M | 0.01% |
+2,570,600
| New | +$16.9M |
|
|
AUY
1383
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $16M | 0.01% |
1,536,500
+315,900
| +26% | +$3.33M |
|
1384
CALL
Toyota
TM
$227B
| $16M | 0.01% |
124,700
-344,700
| -73% | -$43.9M |
|
|
NUAN
1385
CALL
DELISTED
Nuance Communications, Inc.
NUAN
| $15.9M | 0.01% |
984,522
+334,719
| +52% | +$5.54M |
|
1386
CALL
Canadian Natural Resources
CNQ
$102B
| $15.9M | 0.01% |
1,047,512
+234,573
| +29% | +$3.52M |
|
1387
State Street Materials Select Sector SPDR ETF
XLB
$8.9B
| $15.9M | 0.01% |
758,054
-222,614
| -23% | -$4.55M |
|
1388
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.78B
| $15.9M | 0.01% |
389,400
+320,075
| +462% | +$13.7M |
|
1389
CALL
Royal Bank of Canada
RY
$288B
| $15.9M | 0.01% |
247,000
+41,400
| +20% | +$2.57M |
|
1390
Yelp
YELP
$1.23B
| $15.9M | 0.01% |
239,522
-148,631
| -38% | -$7.61M |
|
1391
PUT
Travelers Companies
TRV
$77.4B
| $15.8M | 0.01% |
186,800
+91,900
| +97% | +$7.6M |
|
1392
PUT
Entergy
ETR
$50B
| $15.8M | 0.01% |
501,000
+274,200
| +121% | +$9.1M |
|
1393
CALL
ProShares Ultra QQQ
QLD
$13.8B
| $15.8M | 0.01% |
6,310,400
-5,747,200
| -48% | -$13.4M |
|
|
LXK
1394
PUT
DELISTED
Lexmark Intl Inc
LXK
| $15.8M | 0.01% |
478,400
+105,300
| +28% | +$3.73M |
|
1395
PUT
PVH
PVH
$3.62B
| $15.8M | 0.01% |
133,000
+12,400
| +10% | +$1.59M |
|
1396
PUT
NextEra Energy
NEE
$176B
| $15.8M | 0.01% |
786,800
-209,200
| -21% | -$4.32M |
|
|
LXK
1397
DELISTED
Lexmark Intl Inc
LXK
| $15.8M | 0.01% |
477,720
+196,174
| +70% | +$6.95M |
|
1398
BHP
BHP
$245B
| $15.8M | 0.01% |
280,198
-114,682
| -29% | -$6.24M |
|
1399
CALL
Ionis Pharmaceuticals
IONS
$10.5B
| $15.7M | 0.01% |
418,900
-7,300
| -2% | -$218K |
|
1400
CALL
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $15.7M | 0.01% |
632,500
-163,500
| -21% | -$3.99M |
|
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.