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 | |
|---|---|---|---|---|---|---|
2726
Willis Towers Watson
WTW
$32.1B
| $4.37M | ﹤0.01% |
25,699
-8,721
| -25% | -$1.71M |
|
|
RDFN
2727
PUT
DELISTED
Redfin
RDFN
| $4.36M | ﹤0.01% |
282,500
+68,200
| +32% | +$1.59M |
|
2728
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$66.9M
| $4.35M | ﹤0.01% |
62,100
-12,000
| -16% | -$881K |
|
2729
CALL
Ashland
ASH
$3.4B
| $4.35M | ﹤0.01% |
86,900
-240,200
| -73% | -$16.5M |
|
2730
CALL
iShares Russell 2000 Growth ETF
IWO
$14.8B
| $4.35M | ﹤0.01% |
27,500
-99,700
| -78% | -$19.8M |
|
|
INFO
2731
PUT
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $4.35M | ﹤0.01% |
72,500
+33,200
| +84% | +$2.39M |
|
2732
International Paper
IP
$20.9B
| $4.35M | ﹤0.01% |
147,484
-20,849
| -12% | -$774K |
|
2733
PUT
Allegiant Air
ALGT
$2.19B
| $4.34M | ﹤0.01% |
53,100
+21,400
| +68% | +$3.07M |
|
2734
Pacer Global Cash Cows Dividend ETF
GCOW
$3.55B
| $4.34M | ﹤0.01% |
+192,636
| New | +$5.39M |
|
2735
PUT
Tower Semiconductor
TSEM
$23.8B
| $4.34M | ﹤0.01% |
272,400
-73,200
| -21% | -$1.52M |
|
2736
Cintas
CTAS
$81.9B
| $4.33M | ﹤0.01% |
99,932
+7,372
| +8% | +$482K |
|
2737
Kratos Defense & Security Solutions
KTOS
$9.72B
| $4.32M | ﹤0.01% |
312,389
+52,670
| +20% | +$908K |
|
2738
PUT
Canadian Solar
CSIQ
$889M
| $4.32M | ﹤0.01% |
271,400
-498,800
| -65% | -$10.1M |
|
2739
Invesco CurrencyShares Japanese Yen Trust
FXY
$458M
| $4.32M | ﹤0.01% |
+48,966
| New | +$4.27M |
|
2740
PUT
iShares Russell 3000 ETF
IWV
$20.3B
| $4.32M | ﹤0.01% |
29,100
+16,200
| +126% | +$2.88M |
|
2741
iShares Floating Rate Bond ETF
FLOT
$10.6B
| $4.31M | ﹤0.01% |
+88,515
| New | +$4.43M |
|
2742
Fortuna Silver Mines
FSM
$3.62B
| $4.31M | ﹤0.01% |
1,866,725
+571,537
| +44% | +$1.94M |
|
2743
PUT
ProShares UltraShort QQQ
QID
$216M
| $4.3M | ﹤0.01% |
9,265
+4,270
| +85% | +$1.95M |
|
2744
VanEck Short High Yield Muni ETF
SHYD
$458M
| $4.29M | ﹤0.01% |
+190,401
| New | +$4.66M |
|
2745
PUT
National Beverage
FIZZ
$3.06B
| $4.28M | ﹤0.01% |
200,600
-45,000
| -18% | -$984K |
|
|
CSOD
2746
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $4.27M | ﹤0.01% |
134,600
+28,900
| +27% | +$1.41M |
|
|
ZNGA
2747
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $4.27M | ﹤0.01% |
623,400
-61,400
| -9% | -$404K |
|
|
TRHC
2748
CALL
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $4.27M | ﹤0.01% |
81,600
+30,800
| +61% | +$1.67M |
|
2749
PUT
Leidos
LDOS
$17.7B
| $4.26M | ﹤0.01% |
46,500
+30,900
| +198% | +$3.12M |
|
|
SC
2750
CALL
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $4.26M | ﹤0.01% |
306,100
+56,100
| +22% | +$1.25M |
|
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.