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 | |
|---|---|---|---|---|---|---|
176
CALL
Oracle
ORCL
$422B
| $172M | 0.09% |
5,196,600
+642,400
| +14% | +$20.8M |
|
|
NBL
177
CALL
DELISTED
Noble Energy, Inc.
NBL
| $172M | 0.09% |
2,562,900
-15,300
| -0.6% | -$980K |
|
178
GE Aerospace
GE
$361B
| $171M | 0.09% |
1,495,101
+330,196
| +28% | +$37.9M |
|
|
EMC
179
PUT
DELISTED
EMC CORPORATION
EMC
| $171M | 0.09% |
6,678,100
+830,600
| +14% | +$21.6M |
|
180
SPDR Gold Trust
GLD
$152B
| $170M | 0.09% |
1,325,380
-14,451
| -1% | -$1.86M |
|
181
PUT
Micron Technology
MU
$1.09T
| $168M | 0.09% |
9,637,300
+5,604,800
| +139% | +$81.3M |
|
|
WBA
182
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $168M | 0.09% |
3,122,900
-845,800
| -21% | -$42.5M |
|
183
PUT
General Motors
GM
$77.2B
| $167M | 0.09% |
4,636,300
+1,474,900
| +47% | +$52.9M |
|
184
PUT
PepsiCo
PEP
$196B
| $167M | 0.09% |
2,095,700
+965,900
| +85% | +$79.4M |
|
|
SHLD
185
PUT
DELISTED
Sears Holding Corporation
SHLD
| $165M | 0.09% |
3,655,729
+958,847
| +36% | +$34M |
|
186
CALL
lululemon athletica
LULU
$13.7B
| $164M | 0.09% |
2,244,400
-47,100
| -2% | -$3.28M |
|
|
TWC
187
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $164M | 0.09% |
1,469,300
+879,000
| +149% | +$98.8M |
|
188
CALL
Merck
MRK
$376B
| $163M | 0.09% |
3,584,265
-391,952
| -10% | -$17.9M |
|
189
CALL
iShares Silver Trust
SLV
$33.8B
| $163M | 0.09% |
7,757,600
-1,327,600
| -15% | -$27.4M |
|
190
Caterpillar
CAT
$381B
| $162M | 0.09% |
1,937,479
-990,397
| -34% | -$83.8M |
|
191
PUT
SLB Ltd
SLB
$79.9B
| $161M | 0.09% |
1,822,700
-104,900
| -5% | -$8.62M |
|
192
CALL
Freeport-McMoran
FCX
$110B
| $161M | 0.09% |
4,861,000
+1,465,900
| +43% | +$44.8M |
|
|
193
CALL
GE Aerospace
GE
$361B
| $161M | 0.09% |
1,402,793
-26,897
| -2% | -$3.08M |
|
194
PUT
Home Depot
HD
$335B
| $158M | 0.08% |
2,078,300
-67,600
| -3% | -$5.22M |
|
195
Boeing
BA
$169B
| $155M | 0.08% |
1,320,262
-100,185
| -7% | -$10.8M |
|
196
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
| – | – |
0
| – | – |
|
197
PUT
Verizon
VZ
$205B
| $155M | 0.08% |
3,312,400
+679,200
| +26% | +$33.2M |
|
198
CALL
GameStop
GME
$8.17B
| $154M | 0.08% |
12,428,000
-7,254,800
| -37% | -$86.7M |
|
|
199
iShares Silver Trust
SLV
$33.8B
| $151M | 0.08% |
7,242,099
+6,515,200
| +896% | +$135M |
|
|
PXD
200
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $151M | 0.08% |
798,500
+60,700
| +8% | +$10.3M |
|
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.