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 | |
|---|---|---|---|---|---|---|
1501
General Mills
GIS
$21.4B
| $14.2M | 0.01% |
296,320
+197,304
| +199% | +$9.9M |
|
|
HSH
1502
CALL
DELISTED
HILLSHIRE BRANDS CO
HSH
| $14.2M | 0.01% |
461,500
-59,300
| -11% | -$1.96M |
|
|
CTRX
1503
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $14.2M | 0.01% |
307,984
-215,500
| -41% | -$11.4M |
|
|
CAM
1504
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $14.1M | 0.01% |
242,300
+38,800
| +19% | +$2.31M |
|
1505
CALL
Vipshop
VIPS
$6.7B
| $14.1M | 0.01% |
2,489,000
+2,174,000
| +690% | +$9.36M |
|
|
JWN
1506
CALL
DELISTED
Nordstrom
JWN
| $14.1M | 0.01% |
251,500
+70,300
| +39% | +$4.15M |
|
|
CMCSK
1507
PUT
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $14.1M | 0.01% |
325,900
+214,900
| +194% | +$9.32M |
|
|
RYL
1508
CALL
DELISTED
RYLAND GROUP INC
RYL
| $14.1M | 0.01% |
348,200
+143,300
| +70% | +$5.52M |
|
1509
PUT
Northrop Grumman
NOC
$78.1B
| $14.1M | 0.01% |
148,100
+15,200
| +11% | +$1.4M |
|
|
NSR
1510
PUT
DELISTED
Neustar Inc
NSR
| $14.1M | 0.01% |
284,400
+231,500
| +438% | +$12.1M |
|
1511
Edison International
EIX
$28.7B
| $14.1M | 0.01% |
305,212
+79,511
| +35% | +$3.76M |
|
|
1512
CALL
Northrop Grumman
NOC
$78.1B
| $14M | 0.01% |
147,400
-43,600
| -23% | -$4.03M |
|
1513
Aflac
AFL
$58.9B
| $14M | 0.01% |
452,812
-103,614
| -19% | -$3.12M |
|
1514
PUT
ASML
ASML
$671B
| $14M | 0.01% |
142,100
-15,700
| -10% | -$1.41M |
|
|
SPWR
1515
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $14M | 0.01% |
819,236
+210,116
| +34% | +$3.28M |
|
|
EXXI
1516
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $14M | 0.01% |
464,567
+411,562
| +776% | +$11M |
|
|
SWN
1517
PUT
DELISTED
Southwestern Energy Company
SWN
| $14M | 0.01% |
385,600
+259,700
| +206% | +$9.86M |
|
1518
CALL
CenterPoint Energy
CNP
$26.1B
| $14M | 0.01% |
584,800
+87,200
| +18% | +$2.08M |
|
|
PAY
1519
DELISTED
Verifone Systems Inc
PAY
| $14M | 0.01% |
612,752
+134,643
| +28% | +$2.69M |
|
1520
CALL
Workday
WDAY
$47.1B
| $14M | 0.01% |
172,900
-9,900
| -5% | -$721K |
|
1521
PUT
Cameco
CCJ
$46.8B
| $14M | 0.01% |
772,800
+405,900
| +111% | +$8.14M |
|
1522
CALL
Synaptics
SYNA
$3.74B
| $14M | 0.01% |
315,200
+19,200
| +6% | +$786K |
|
|
TYC
1523
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $13.9M | 0.01% |
380,108
-51,862
| -12% | -$1.88M |
|
1524
PUT
Ciena
CIEN
$57.2B
| $13.9M | 0.01% |
555,700
+163,100
| +42% | +$3.68M |
|
1525
Amdocs
DOX
$6.5B
| $13.9M | 0.01% |
378,653
+139,714
| +58% | +$5.28M |
|
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 withdrew a net $9.21B in Q3 2013, closing 982 positions and reducing 3,282 holdings. Its most notable exit was NEWS CORPORATION CL-A, an estimated $41.4M position sold in full.
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.
Against the trend, Jeff Yass opened a new position in Invesco DB Commodity Index Tracking Fund worth $46.1M.
- 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.