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 | Miscellaneous | 86.04% |
| 2 | Technology | 3.9% |
| 3 | Financials | 1.72% |
| 4 | Consumer Discretionary | 1.47% |
| 5 | Energy | 1.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Travel + Leisure Co
TNL
$4.39B
| $8.85M | ﹤0.01% |
321,618
+213,526
| +198% | +$5.85M |
|
2002
CALL
Direxion Daily Real Estate Bull 3X ETF
DRN
$44M
| $8.85M | ﹤0.01% |
894,800
+463,200
| +107% | +$4.94M |
|
2003
Mercado Libre
MELI
$97.9B
| $8.85M | ﹤0.01% |
65,590
+23,770
| +57% | +$2.85M |
|
|
EVEP
2004
CALL
DELISTED
EV Energy Partners, L.P.
EVEP
| $8.82M | ﹤0.01% |
237,700
+68,500
| +40% | +$2.61M |
|
2005
PUT
InterDigital
IDCC
$8.64B
| $8.81M | ﹤0.01% |
236,100
-54,100
| -19% | -$2.04M |
|
2006
FMC
FMC
$1.33B
| $8.78M | ﹤0.01% |
141,091
-22,626
| -14% | -$1.3M |
|
|
CSC
2007
PUT
DELISTED
Computer Sciences
CSC
| $8.78M | ﹤0.01% |
402,461
-66,444
| -14% | -$1.4M |
|
|
JASO
2008
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $8.77M | ﹤0.01% |
862,306
+789,375
| +1,082% | +$6.69M |
|
|
CERN
2009
DELISTED
Cerner Corp
CERN
| $8.77M | ﹤0.01% |
166,803
+51,287
| +44% | +$2.5M |
|
|
LGF
2010
PUT
DELISTED
Lions Gate Entertainment
LGF
| $8.76M | ﹤0.01% |
249,900
+54,400
| +28% | +$1.84M |
|
|
ELN
2011
DELISTED
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
| $8.76M | ﹤0.01% |
562,094
+416,748
| +287% | +$6.28M |
|
2012
Sherwin-Williams
SHW
$83.8B
| $8.74M | ﹤0.01% |
143,925
-63,981
| -31% | -$3.76M |
|
2013
New Oriental
EDU
$9.22B
| $8.72M | ﹤0.01% |
350,303
-39,731
| -10% | -$908K |
|
2014
Edwards Lifesciences
EW
$51.8B
| $8.72M | ﹤0.01% |
751,446
+162,282
| +28% | +$1.9M |
|
2015
CALL
Genesis Energy
GEL
$2B
| $8.7M | ﹤0.01% |
173,700
+75,400
| +77% | +$3.8M |
|
2016
PUT
ProShares Ultra Real Estate
URE
$56.6M
| $8.69M | ﹤0.01% |
252,200
+97,000
| +63% | +$3.48M |
|
|
MOLX
2017
DELISTED
MOLEX INC
MOLX
| $8.67M | ﹤0.01% |
225,174
-29,038
| -11% | -$932K |
|
2018
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$40.2M
| $8.66M | ﹤0.01% |
6,786
-594
| -8% | -$792K |
|
2019
PUT
Mattel
MAT
$4.26B
| $8.65M | ﹤0.01% |
206,700
-20,600
| -9% | -$881K |
|
2020
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.88B
| $8.63M | ﹤0.01% |
159,840
-8,412
| -5% | -$449K |
|
2021
CALL
Becton Dickinson
BDX
$51.2B
| $8.63M | ﹤0.01% |
88,458
+103
| +0.1% | +$10.1K |
|
2022
AbbVie
ABBV
$456B
| $8.63M | ﹤0.01% |
192,929
-171,308
| -47% | -$7.59M |
|
2023
Lowe's Companies
LOW
$116B
| $8.63M | ﹤0.01% |
181,153
+14,328
| +9% | +$650K |
|
2024
CALL
ArcelorMittal
MT
$56.3B
| $8.62M | ﹤0.01% |
275,870
-207,515
| -43% | -$6.22M |
|
|
MW
2025
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $8.61M | ﹤0.01% |
252,800
+124,100
| +96% | +$4.71M |
|
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 Miscellaneous at 86% of assets, down from 87% a quarter earlier, followed by Technology and Financials.
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.