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 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.62% |
| 2 | Communication Services | 1.38% |
| 3 | Financials | 1.25% |
| 4 | Consumer Discretionary | 1.12% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Intel
INTC
$476B
| $223M | 0.05% |
3,726,142
+1,717,427
| +85% | +$103M |
|
277
CALL
Wynn Resorts
WYNN
$10.3B
| $223M | 0.05% |
2,987,200
+1,753,200
| +142% | +$141M |
|
|
AYX
278
CALL
DELISTED
Alteryx Inc
AYX
| $222M | 0.05% |
1,350,700
+411,000
| +44% | +$53.3M |
|
279
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $221M | 0.05% |
1,643,600
-2,805,800
| -63% | -$365M |
|
280
CALL
Starbucks
SBUX
$122B
| $219M | 0.05% |
2,979,700
+412,100
| +16% | +$31M |
|
281
CALL
MongoDB
MDB
$34.7B
| $219M | 0.05% |
966,700
+430,900
| +80% | +$79.8M |
|
282
CALL
Accenture
ACN
$113B
| $219M | 0.05% |
1,018,300
-33,700
| -3% | -$6.37M |
|
283
PUT
Eli Lilly
LLY
$1.12T
| $214M | 0.05% |
1,306,100
+486,900
| +59% | +$74.7M |
|
284
Shopify
SHOP
$192B
| $214M | 0.05% |
2,253,340
+1,131,920
| +101% | +$78.6M |
|
|
PPLI
285
People Inc
PPLI
$2.86B
| $213M | 0.05% |
3,685,639
+38,323
| +1% | +$1.7M |
|
286
PUT
Merck
MRK
$376B
| $212M | 0.05% |
2,872,149
-458,290
| -14% | -$34.5M |
|
287
Cisco
CSCO
$438B
| $212M | 0.05% |
4,543,736
-1,213,335
| -21% | -$53.2M |
|
288
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $211M | 0.05% |
2,682,800
+1,025,300
| +62% | +$77.7M |
|
|
289
Tesla
TSLA
$1.43T
| $211M | 0.05% |
2,931,315
-8,845,035
| -75% | -$478M |
|
290
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $210M | 0.05% |
7,317,400
-2,495,900
| -25% | -$65.4M |
|
291
CALL
Wayfair
W
$13.9B
| $210M | 0.05% |
1,064,100
+310,000
| +41% | +$46.4M |
|
292
CALL
Pinduoduo
PDD
$126B
| $210M | 0.05% |
2,444,900
-495,500
| -17% | -$29.8M |
|
293
PUT
Blackrock
BLK
$179B
| $210M | 0.05% |
385,600
+13,600
| +4% | +$6.87M |
|
294
PUT
Blackstone
BX
$108B
| $209M | 0.05% |
3,693,900
-1,275,000
| -26% | -$67.1M |
|
|
PARA
295
PUT
DELISTED
Paramount Global Class B
PARA
| $209M | 0.05% |
8,959,900
+3,593,600
| +67% | +$69.3M |
|
296
Micron Technology
MU
$1.09T
| $209M | 0.05% |
4,049,650
-486,349
| -11% | -$22.9M |
|
|
PARA
297
CALL
DELISTED
Paramount Global Class B
PARA
| $208M | 0.05% |
8,937,100
+5,992,500
| +204% | +$116M |
|
298
CALL
Expedia Group
EXPE
$38.6B
| $206M | 0.05% |
2,502,600
+22,300
| +0.9% | +$1.62M |
|
299
Booking.com
BKNG
$158B
| $204M | 0.05% |
3,198,750
+1,279,475
| +67% | +$77.9M |
|
300
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $202M | 0.05% |
1,852,900
+1,172,200
| +172% | +$121M |
|
Similar funds
Jeff Yass's Q2 2020 Portfolio in Review
As of Q2 2020, Jeff Yass held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Communication Services and Financials.
- Jeff Yass's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Jeff Yass added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Jeff Yass's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Jeff Yass fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Jeff Yass's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Jeff Yass opened 1,443 new positions and closed 1,558 in Q2 2020.
- Jeff Yass's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.