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 | |
|---|---|---|---|---|---|---|
1601
CALL
PBF Energy
PBF
$8.18B
| $12.8M | 0.01% |
570,000
+236,900
| +71% | +$5.36M |
|
|
PCP
1602
DELISTED
PRECISION CASTPARTS CORP
PCP
| $12.8M | 0.01% |
56,268
-11,339
| -17% | -$2.56M |
|
|
GWR
1603
DELISTED
Genesee & Wyoming Inc.
GWR
| $12.8M | 0.01% |
137,401
-13
| -0% | -$1.17K |
|
1604
Canadian Natural Resources
CNQ
$103B
| $12.8M | 0.01% |
839,991
+396,625
| +89% | +$5.95M |
|
1605
DaVita
DVA
$11.3B
| $12.7M | 0.01% |
224,015
-161,279
| -42% | -$9.24M |
|
1606
CALL
Itaú Unibanco
ITUB
$83.4B
| $12.7M | 0.01% |
2,475,170
+860,059
| +53% | +$4.03M |
|
|
SGEN
1607
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $12.7M | 0.01% |
290,500
-51,800
| -15% | -$2.16M |
|
1608
CALL
Boston Properties
BXP
$11.2B
| $12.7M | 0.01% |
118,900
-8,600
| -7% | -$910K |
|
1609
PUT
Lam Research
LRCX
$390B
| $12.7M | 0.01% |
2,482,000
+565,000
| +29% | +$2.76M |
|
|
AMRN
1610
PUT
Amarin Corp
AMRN
$299M
| $12.7M | 0.01% |
100,485
-21,125
| -17% | -$2.53M |
|
1611
NVIDIA
NVDA
$5.42T
| $12.7M | 0.01% |
32,651,520
-38,887,000
| -54% | -$14.5M |
|
1612
Automatic Data Processing
ADP
$113B
| $12.7M | 0.01% |
199,629
+77,115
| +63% | +$4.9M |
|
1613
CALL
NRG Energy
NRG
$24.2B
| $12.7M | 0.01% |
463,400
-22,800
| -5% | -$616K |
|
1614
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$296M
| $12.7M | 0.01% |
168,178
-2,466,751
| -94% | -$190M |
|
|
LM
1615
DELISTED
Legg Mason, Inc.
LM
| $12.7M | 0.01% |
378,502
+18,537
| +5% | +$621K |
|
1616
CALL
ProShares UltraPro S&P 500
UPRO
$5.55B
| $12.6M | 0.01% |
2,096,400
-1,783,200
| -46% | -$10.6M |
|
|
CA
1617
CALL
DELISTED
CA, Inc.
CA
| $12.6M | 0.01% |
425,900
-174,900
| -29% | -$5.24M |
|
1618
BioMarin Pharmaceuticals
BMRN
$12.6B
| $12.6M | 0.01% |
174,883
-31,008
| -15% | -$2.06M |
|
1619
CALL
CNX Resources
CNX
$5.32B
| $12.6M | 0.01% |
450,000
+54,120
| +14% | +$1.41M |
|
1620
Sony
SONY
$140B
| $12.6M | 0.01% |
2,929,715
-249,070
| -8% | -$1.06M |
|
|
ETFC
1621
DELISTED
E*Trade Financial Corporation
ETFC
| $12.6M | 0.01% |
763,596
+343,594
| +82% | +$5.12M |
|
1622
Johnson Controls International
JCI
$86.6B
| $12.6M | 0.01% |
289,649
+181,039
| +167% | +$7.67M |
|
1623
CALL
Marvell Technology
MRVL
$219B
| $12.6M | 0.01% |
1,094,000
+31,100
| +3% | +$384K |
|
1624
PUT
iShares MSCI Germany ETF
EWG
$1.73B
| $12.6M | 0.01% |
452,300
+40,200
| +10% | +$1.06M |
|
1625
CALL
VeriSign
VRSN
$26.7B
| $12.6M | 0.01% |
247,100
+33,500
| +16% | +$1.62M |
|
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.