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 | |
|---|---|---|---|---|---|---|
201
McDonald's
MCD
$192B
| $150M | 0.08% |
1,561,866
+769,334
| +97% | +$75.1M |
|
202
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $149M | 0.08% |
990,100
-812,400
| -45% | -$124M |
|
|
YHOO
203
DELISTED
Yahoo Inc
YHOO
| $149M | 0.08% |
4,493,654
-614,644
| -12% | -$17.4M |
|
204
CALL
EOG Resources
EOG
$80.3B
| $149M | 0.08% |
1,756,400
+95,800
| +6% | +$7.43M |
|
205
CALL
3M
MMM
$92.3B
| $147M | 0.08% |
1,474,668
+195,785
| +15% | +$19M |
|
|
POT
206
PUT
DELISTED
Potash Corp Of Saskatchewan
POT
| $147M | 0.08% |
4,701,400
+3,218,300
| +217% | +$107M |
|
207
CALL
Gilead Sciences
GILD
$181B
| $147M | 0.08% |
2,333,700
-424,200
| -15% | -$25.4M |
|
208
PUT
3D Systems Corp
DDD
$530M
| $145M | 0.08% |
2,693,850
+153,350
| +6% | +$7.59M |
|
|
HES
209
DELISTED
Hess
HES
| $145M | 0.08% |
1,872,312
+862,696
| +85% | +$64.3M |
|
|
210
CALL
VanEck Gold Miners ETF
GDX
$31.8B
| $144M | 0.08% |
5,745,600
+258,500
| +5% | +$6.87M |
|
211
PUT
The Mosaic Company
MOS
$7.76B
| $143M | 0.08% |
3,331,000
+1,968,500
| +144% | +$91.6M |
|
212
CALL
Bank of America
BAC
$431B
| $143M | 0.08% |
10,366,900
+2,651,400
| +34% | +$37.8M |
|
213
PUT
CF Industries
CF
$19.6B
| $143M | 0.08% |
3,382,500
-3,277,500
| -49% | -$126M |
|
214
CALL
Las Vegas Sands
LVS
$30.5B
| $141M | 0.07% |
2,118,400
+435,000
| +26% | +$25.2M |
|
|
CMCSK
215
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $140M | 0.07% |
3,238,820
-1,226,802
| -27% | -$53.2M |
|
216
CALL
Amgen
AMGN
$238B
| $140M | 0.07% |
1,249,900
+339,500
| +37% | +$36.8M |
|
217
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $139M | 0.07% |
528,500
+402,975
| +321% | +$101M |
|
218
CALL
Nike
NKE
$60.5B
| $139M | 0.07% |
3,823,000
+2,186,600
| +134% | +$71.4M |
|
219
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.33B
| $139M | 0.07% |
8,056,400
-1,720,800
| -18% | -$30.4M |
|
220
PUT
Qualcomm
QCOM
$169B
| $138M | 0.07% |
2,052,500
-134,000
| -6% | -$8.78M |
|
221
PUT
Blackrock
BLK
$179B
| $138M | 0.07% |
510,300
+65,100
| +15% | +$17.7M |
|
222
PUT
Union Pacific
UNP
$183B
| $136M | 0.07% |
1,744,800
-32,400
| -2% | -$2.56M |
|
223
CALL
NetApp
NTAP
$37.7B
| $135M | 0.07% |
3,176,500
+516,100
| +19% | +$21.5M |
|
|
SINA
224
CALL
DELISTED
Sina Corp
SINA
| $135M | 0.07% |
1,661,100
+326,800
| +24% | +$24M |
|
225
iShares China Large-Cap ETF
FXI
$4.28B
| $135M | 0.07% |
3,634,418
-4,774,006
| -57% | -$170M |
|
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.