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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.39B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$565M |
| 3 |
Citigroup
C
|
+$429M |
| 4 |
United States Oil Fund
USO
|
+$386M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$946M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$771M |
| 3 |
Alibaba
BABA
|
+$626M |
| 4 |
Tesla
TSLA
|
+$505M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$421M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.04% |
| 2 | Technology | 2.01% |
| 3 | Communication Services | 1.39% |
| 4 | Financials | 0.98% |
| 5 | Consumer Discretionary | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
XLRN
2651
DELISTED
Acceleron Pharma
XLRN
| $4.61M | ﹤0.01% |
51,288
-7,140
| -12% | -$555K |
|
2652
PUT
Alarm.com
ALRM
$2.83B
| $4.61M | ﹤0.01% |
118,400
+91,500
| +340% | +$3.99M |
|
|
ONC
2653
CALL
BeOne Medicines Ltd
ONC
$41.3B
| $4.6M | ﹤0.01% |
37,400
+18,000
| +93% | +$2.81M |
|
2654
PUT
ON Semiconductor
ON
$28.5B
| $4.59M | ﹤0.01% |
369,200
-69,600
| -16% | -$1.36M |
|
2655
CALL
iPath Series B S&P 500 VIX Mid-Term Futures ETN
VXZ
$29.2M
| $4.59M | ﹤0.01% |
35,900
-43,975
| -55% | -$3.77M |
|
2656
PUT
Watsco Inc
WSO
$12.7B
| $4.58M | ﹤0.01% |
29,000
+14,400
| +99% | +$2.43M |
|
2657
CALL
Wabtec
WAB
$49.3B
| $4.58M | ﹤0.01% |
95,200
-88,200
| -48% | -$6.06M |
|
2658
CALL
Universal Health Services
UHS
$10.1B
| $4.58M | ﹤0.01% |
46,200
+4,600
| +11% | +$582K |
|
2659
CALL
Principal Financial Group
PFG
$24B
| $4.58M | ﹤0.01% |
146,000
+62,900
| +76% | +$2.98M |
|
2660
PUT
Iron Mountain
IRM
$35.5B
| $4.57M | ﹤0.01% |
192,200
-133,200
| -41% | -$4.03M |
|
2661
Schwab U.S Small- Cap ETF
SCHA
$22.8B
| $4.57M | ﹤0.01% |
354,828
+337,024
| +1,893% | +$5.73M |
|
|
BKI
2662
PUT
DELISTED
Black Knight, Inc. Common Stock
BKI
| $4.57M | ﹤0.01% |
78,700
+24,200
| +44% | +$1.58M |
|
2663
iShares Select Dividend ETF
DVY
$23.8B
| $4.56M | ﹤0.01% |
+61,991
| New | +$5.92M |
|
2664
PUT
Agios Pharmaceuticals
AGIO
$2B
| $4.56M | ﹤0.01% |
128,400
-117,700
| -48% | -$5.44M |
|
2665
United Airlines
UAL
$36.2B
| $4.55M | ﹤0.01% |
144,340
+56,924
| +65% | +$3.76M |
|
|
PTLA
2666
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $4.55M | ﹤0.01% |
638,400
+317,354
| +99% | +$3.96M |
|
|
HUYA
2667
CALL
Huya Inc
HUYA
$496M
| $4.55M | ﹤0.01% |
268,500
-265,800
| -50% | -$4.94M |
|
|
ITCI
2668
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $4.55M | ﹤0.01% |
296,100
-867,700
| -75% | -$18.8M |
|
2669
Invesco S&P 500 Low Volatility ETF
SPLV
$7.03B
| $4.54M | ﹤0.01% |
+96,806
| New | +$5.42M |
|
|
2670
CALL
Alarm.com
ALRM
$2.83B
| $4.54M | ﹤0.01% |
116,700
+88,300
| +311% | +$3.85M |
|
|
SINA
2671
CALL
DELISTED
Sina Corp
SINA
| $4.54M | ﹤0.01% |
142,500
-46,600
| -25% | -$1.72M |
|
2672
PUT
Brookfield
BN
$92.2B
| $4.54M | ﹤0.01% |
287,280
-297,650
| -51% | -$6.12M |
|
|
RAD
2673
DELISTED
Rite Aid Corporation
RAD
| $4.54M | ﹤0.01% |
302,343
+266,784
| +750% | +$3.73M |
|
2674
PUT
Baker Hughes
BKR
$61.8B
| $4.53M | ﹤0.01% |
431,500
-190,500
| -31% | -$3.58M |
|
2675
CALL
Logitech
LOGI
$14.1B
| $4.53M | ﹤0.01% |
105,500
+12,700
| +14% | +$550K |
|
Similar funds
Jeff Yass's Q1 2020 Portfolio in Review
As of Q1 2020, Jeff Yass held 11,456 positions worth $314B, down 9.5% from $347B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q1 2020 filing shows 1,843 new, 4,539 increased, 3,686 reduced and 1,300 closed positions. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M. The largest sale was Amazon, an estimated $946M.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 89% a quarter earlier, followed by Technology and Communication Services.
- Jeff Yass's largest Q1 2020 buy was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.39B increase.
- Jeff Yass's biggest Q1 2020 reduction was Amazon, cutting an estimated $946M.
- Jeff Yass fully exited Medicines Co in Q1 2020, selling an estimated $92M.
- Jeff Yass's ten largest holdings make up 30% of its $314B portfolio in Q1 2020.
- Jeff Yass opened 1,843 new positions and closed 1,300 in Q1 2020.
- Jeff Yass's portfolio value fell 9.5% quarter-over-quarter to $314B.
Based on Susquehanna International Group's 13F filing for Q1 2020, filed 15 May 2020.