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 | |
|---|---|---|---|---|---|---|
1426
Abbott
ABT
$197B
| $15.3M | 0.01% |
459,561
-301,698
| -40% | -$10.6M |
|
1427
PUT
Palo Alto Networks
PANW
$277B
| $15.3M | 0.01% |
1,997,400
+1,170,600
| +142% | +$9.23M |
|
|
P
1428
DELISTED
Pandora Media Inc
P
| $15.3M | 0.01% |
606,957
+518,399
| +585% | +$10.6M |
|
1429
CALL
Zoetis
ZTS
$32B
| $15.2M | 0.01% |
488,400
-4,800,600
| -91% | -$147M |
|
1430
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $15.1M | 0.01% |
248,375
+16,663
| +7% | +$1.01M |
|
1431
PUT
Martin Marietta Materials
MLM
$37.8B
| $15.1M | 0.01% |
154,000
+44,700
| +41% | +$4.44M |
|
|
X
1432
DELISTED
US Steel
X
| $15.1M | 0.01% |
733,794
-323,040
| -31% | -$6.08M |
|
|
EGN
1433
DELISTED
Energen
EGN
| $15.1M | 0.01% |
197,785
+57,234
| +41% | +$3.7M |
|
1434
Cirrus Logic
CRUS
$5.53B
| $15.1M | 0.01% |
665,820
+525,463
| +374% | +$10.9M |
|
1435
Hecla Mining
HL
$13.9B
| $15.1M | 0.01% |
4,807,455
-2,548,184
| -35% | -$8.31M |
|
1436
CALL
T-Mobile US
TMUS
$193B
| $15.1M | 0.01% |
581,000
-1,024,600
| -64% | -$25M |
|
|
ALU
1437
CALL
DELISTED
Alcatel-Lucent
ALU
| $15.1M | 0.01% |
4,445,376
+552,760
| +14% | +$1.41M |
|
1438
CALL
Chubb
CB
$133B
| $15.1M | 0.01% |
161,100
+19,600
| +14% | +$1.79M |
|
1439
CALL
Parker-Hannifin
PH
$131B
| $15.1M | 0.01% |
138,500
-46,000
| -25% | -$4.74M |
|
1440
CALL
Invesco CurrencyShares Australian Dollar Trust
FXA
$95.9M
| $15M | 0.01% |
161,000
+16,900
| +12% | +$1.55M |
|
|
NTI
1441
CALL
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $15M | 0.01% |
762,700
-154,300
| -17% | -$3.42M |
|
|
BPT
1442
PUT
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $15M | 0.01% |
173,500
+96,100
| +124% | +$8.47M |
|
1443
Ashland
ASH
$3.4B
| $15M | 0.01% |
332,273
+18,443
| +6% | +$796K |
|
1444
Capri Holdings
CPRI
$1.55B
| $15M | 0.01% |
201,693
+21,182
| +12% | +$1.48M |
|
|
ANR
1445
PUT
DELISTED
Alpha Natural Resources Inc
ANR
| $15M | 0.01% |
2,520,600
-519,800
| -17% | -$3.05M |
|
|
PAY
1446
PUT
DELISTED
Verifone Systems Inc
PAY
| $15M | 0.01% |
657,000
-61,800
| -9% | -$1.23M |
|
|
WW
1447
CALL
DELISTED
WW International
WW
| $15M | 0.01% |
401,800
+167,900
| +72% | +$6.76M |
|
|
AHD
1448
DELISTED
ATLAS ENERGY L P COM UNITS REPSTG LTD PARTNER INT (DE)
AHD
| $15M | 0.01% |
274,735
+106,079
| +63% | +$5.79M |
|
1449
Lamar Advertising Co
LAMR
$15.4B
| $15M | 0.01% |
318,780
-431,897
| -58% | -$19M |
|
|
CVRR
1450
CALL
DELISTED
CVR Refining, LP
CVRR
| $15M | 0.01% |
600,800
+166,900
| +38% | +$4.5M |
|
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.