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 | |
|---|---|---|---|---|---|---|
126
CALL
Occidental Petroleum
OXY
$61.3B
| $219M | 0.12% |
2,445,042
+509,362
| +26% | +$43.8M |
|
|
127
CALL
Intel
INTC
$476B
| $217M | 0.12% |
9,488,800
-4,560,600
| -32% | -$105M |
|
128
IBM
IBM
$222B
| $217M | 0.12% |
1,225,784
+611,152
| +99% | +$111M |
|
129
CALL
Cisco
CSCO
$438B
| $217M | 0.12% |
9,252,400
+702,500
| +8% | +$17.4M |
|
130
CALL
Walmart Inc
WMT
$825B
| $215M | 0.11% |
8,716,500
+1,041,300
| +14% | +$26.3M |
|
131
CALL
Intuitive Surgical
ISRG
$134B
| $215M | 0.11% |
5,138,100
+1,122,300
| +28% | +$49.6M |
|
132
CALL
Wells Fargo
WFC
$254B
| $215M | 0.11% |
5,196,600
+410,300
| +9% | +$17.5M |
|
133
CALL
Chevron
CVX
$403B
| $211M | 0.11% |
1,734,400
+126,400
| +8% | +$15.5M |
|
134
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $210M | 0.11% |
927,700
-1,107,400
| -54% | -$246M |
|
135
PUT
Ford
F
$57.5B
| $209M | 0.11% |
12,413,000
+2,565,800
| +26% | +$43.3M |
|
|
YHOO
136
PUT
DELISTED
Yahoo Inc
YHOO
| $209M | 0.11% |
6,313,800
+2,181,100
| +53% | +$61.7M |
|
|
137
PUT
Pfizer
PFE
$160B
| $209M | 0.11% |
7,682,606
-6,165,268
| -45% | -$168M |
|
138
Johnson & Johnson
JNJ
$651B
| $208M | 0.11% |
2,403,801
+1,224,695
| +104% | +$110M |
|
139
AT&T
T
$173B
| $207M | 0.11% |
8,114,752
+1,764,366
| +28% | +$46.3M |
|
140
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $205M | 0.11% |
1,803,700
-304,300
| -14% | -$35.1M |
|
141
Mastercard
MA
$509B
| $203M | 0.11% |
3,021,220
+1,148,620
| +61% | +$72.1M |
|
142
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $203M | 0.11% |
3,183,100
-3,114,500
| -49% | -$203M |
|
143
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $197M | 0.1% |
4,759,600
-670,200
| -12% | -$27.6M |
|
|
SHLD
144
CALL
DELISTED
Sears Holding Corporation
SHLD
| $197M | 0.1% |
4,379,137
+871,004
| +25% | +$30.9M |
|
145
PUT
CME Group
CME
$98.9B
| $196M | 0.1% |
2,658,200
+6,500
| +0.2% | +$479K |
|
146
Meta Platforms (Facebook)
META
$1.4T
| $196M | 0.1% |
3,899,653
-5,014,232
| -56% | -$187M |
|
|
CHK
147
PUT
DELISTED
Chesapeake Energy Corporation
CHK
| $195M | 0.1% |
39,857
+3,466
| +10% | +$16.1M |
|
148
CALL
Salesforce
CRM
$171B
| $195M | 0.1% |
3,755,200
+1,348,200
| +56% | +$61.2M |
|
149
PUT
Biogen
BIIB
$32B
| $194M | 0.1% |
804,600
+72,900
| +10% | +$16.3M |
|
150
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $192M | 0.1% |
11,149,200
-1,757,200
| -14% | -$31M |
|
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.