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 | |
|---|---|---|---|---|---|---|
|
ONXX
151
CALL
DELISTED
ONYX PHARMACEUTICALS INC
ONXX
| $192M | 0.1% |
1,536,300
+1,462,300
| +1,976% | +$185M |
|
152
PUT
McDonald's
MCD
$192B
| $191M | 0.1% |
1,982,300
+739,800
| +60% | +$72.2M |
|
153
CALL
Biogen
BIIB
$32B
| $190M | 0.1% |
788,700
-72,700
| -8% | -$16.3M |
|
154
PUT
iShares Silver Trust
SLV
$33.8B
| $188M | 0.1% |
8,956,000
-6,918,500
| -44% | -$143M |
|
155
CALL
Halliburton
HAL
$29.4B
| $186M | 0.1% |
3,858,100
+648,000
| +20% | +$30.4M |
|
156
Tesla
TSLA
$1.43T
| $185M | 0.1% |
14,316,240
+5,261,655
| +58% | +$52.1M |
|
157
PUT
BP
BP
$115B
| $183M | 0.1% |
5,313,312
-443,662
| -8% | -$15.2M |
|
|
CELG
158
DELISTED
Celgene Corp
CELG
| $182M | 0.1% |
2,360,834
-116,736
| -5% | -$8.18M |
|
|
PXD
159
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $181M | 0.1% |
957,900
-31,100
| -3% | -$5.28M |
|
160
CALL
Ford
F
$57.5B
| $180M | 0.1% |
10,657,500
-3,943,500
| -27% | -$66.6M |
|
161
PUT
Amgen
AMGN
$238B
| $179M | 0.09% |
1,597,900
+145,900
| +10% | +$15.8M |
|
162
Citigroup
C
$221B
| $179M | 0.09% |
3,686,064
+1,498,080
| +68% | +$75.7M |
|
163
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $178M | 0.09% |
1,946,400
+1,265,800
| +186% | +$116M |
|
164
PUT
Philip Morris
PM
$293B
| $178M | 0.09% |
2,057,800
+684,000
| +50% | +$59.8M |
|
|
165
CALL
McDonald's
MCD
$192B
| $178M | 0.09% |
1,849,700
-117,600
| -6% | -$11.5M |
|
166
PUT
Merck
MRK
$376B
| $177M | 0.09% |
3,898,455
-235,800
| -6% | -$10.8M |
|
167
CALL
MetLife
MET
$60B
| $177M | 0.09% |
4,226,462
-772,497
| -15% | -$33.3M |
|
168
Cisco
CSCO
$438B
| $176M | 0.09% |
7,522,003
+2,120,685
| +39% | +$52.6M |
|
169
CALL
Williams Companies
WMB
$86.2B
| $175M | 0.09% |
4,821,500
+602,500
| +14% | +$21.1M |
|
|
JCP
170
PUT
DELISTED
J.C. Penney Company, Inc.
JCP
| $174M | 0.09% |
19,782,200
+13,537,200
| +217% | +$193M |
|
171
iShares MSCI Brazil ETF
EWZ
$8.52B
| $173M | 0.09% |
3,620,437
+334,305
| +10% | +$14.9M |
|
172
PUT
Walmart Inc
WMT
$825B
| $173M | 0.09% |
7,033,500
+1,030,800
| +17% | +$26M |
|
|
ONXX
173
DELISTED
ONYX PHARMACEUTICALS INC
ONXX
| $173M | 0.09% |
1,388,375
+920,798
| +197% | +$117M |
|
174
CALL
PepsiCo
PEP
$196B
| $173M | 0.09% |
2,176,400
+315,400
| +17% | +$25.9M |
|
175
CALL
General Motors
GM
$77.2B
| $172M | 0.09% |
4,792,200
-309,800
| -6% | -$11.1M |
|
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.