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 | |
|---|---|---|---|---|---|---|
1451
CALL
Eastman Chemical
EMN
$8.34B
| $14.9M | 0.01% |
191,800
-185,800
| -49% | -$14.3M |
|
1452
PUT
Cemex
CX
$15.8B
| $14.9M | 0.01% |
1,561,700
+10,903
| +0.7% | +$107K |
|
|
SVU
1453
CALL
DELISTED
SUPERVALU Inc.
SVU
| $14.9M | 0.01% |
259,014
-214,472
| -45% | -$11.3M |
|
1454
Itaú Unibanco
ITUB
$83.9B
| $14.9M | 0.01% |
2,897,004
+594,611
| +26% | +$2.79M |
|
1455
CALL
Macy's
M
$6B
| $14.9M | 0.01% |
344,100
-57,800
| -14% | -$2.7M |
|
1456
SLM Corp
SLM
$5.03B
| $14.9M | 0.01% |
1,670,356
-225,085
| -12% | -$1.96M |
|
1457
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $14.9M | 0.01% |
+124,273
| New | +$14.9M |
|
1458
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.3B
| $14.8M | 0.01% |
472,802
-601,162
| -56% | -$17.2M |
|
1459
PUT
Digital Realty Trust
DLR
$71.8B
| $14.8M | 0.01% |
279,200
+131,800
| +89% | +$7.49M |
|
1460
State Street Utilities Select Sector SPDR ETF
XLU
$22.3B
| $14.8M | 0.01% |
792,844
-6,841,896
| -90% | -$130M |
|
1461
PUT
Sanofi
SNY
$109B
| $14.8M | 0.01% |
291,900
+96,400
| +49% | +$4.9M |
|
1462
Stryker
SYK
$126B
| $14.8M | 0.01% |
218,400
+13,219
| +6% | +$913K |
|
1463
PUT
Analog Devices
ADI
$180B
| $14.8M | 0.01% |
313,700
+293,700
| +1,469% | +$14M |
|
1464
PUT
Protolabs
PRLB
$1.89B
| $14.8M | 0.01% |
193,200
+20,500
| +12% | +$1.42M |
|
1465
PUT
CSX Corp
CSX
$95.9B
| $14.8M | 0.01% |
1,719,300
-343,800
| -17% | -$2.89M |
|
|
ZIONW
1466
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $14.7M | 0.01% |
2,846,798
| – | – |
|
1467
Packaging Corp of America
PKG
$22B
| $14.7M | 0.01% |
257,947
+25,947
| +11% | +$1.4M |
|
|
JWN
1468
PUT
DELISTED
Nordstrom
JWN
| $14.7M | 0.01% |
261,200
+188,400
| +259% | +$11.1M |
|
|
CHL
1469
CALL
DELISTED
China Mobile Limited
CHL
| $14.7M | 0.01% |
259,700
-257,500
| -50% | -$13.9M |
|
1470
CALL
Ulta Beauty
ULTA
$23.4B
| $14.6M | 0.01% |
122,600
+26,400
| +27% | +$2.74M |
|
1471
PUT
FirstEnergy
FE
$27B
| $14.6M | 0.01% |
401,600
-180,200
| -31% | -$6.77M |
|
1472
Humana
HUM
$47B
| $14.6M | 0.01% |
156,691
+14,334
| +10% | +$1.31M |
|
1473
PUT
Royal Caribbean
RCL
$77.6B
| $14.6M | 0.01% |
381,300
-370,200
| -49% | -$13.9M |
|
|
KMR
1474
PUT
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $14.6M | 0.01% |
211,862
+127,311
| +151% | +$9.33M |
|
1475
PUT
Trane Technologies
TT
$102B
| $14.6M | 0.01% |
281,199
+146,734
| +109% | +$7.19M |
|
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.