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 | Technology | 2.01% |
| 2 | Communication Services | 1.39% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.94% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
CALL
Illumina
ILMN
$33.1B
| $120M | 0.04% |
452,628
-201,694
| -31% | -$56.4M |
|
327
PUT
Oracle
ORCL
$422B
| $120M | 0.04% |
2,487,300
+655,900
| +36% | +$33.9M |
|
328
CALL
Newmont
NEM
$139B
| $120M | 0.04% |
2,648,000
+917,100
| +53% | +$41.4M |
|
329
PUT
NextEra Energy
NEE
$174B
| $120M | 0.04% |
1,987,200
-610,000
| -23% | -$38.3M |
|
330
PUT
Wayfair
W
$13.9B
| $119M | 0.04% |
2,235,500
+1,332,300
| +148% | +$102M |
|
331
CALL
Beyond Meat
BYND
$254M
| $118M | 0.04% |
59,017
-39,126
| -40% | -$114M |
|
|
ATVI
332
PUT
DELISTED
Activision Blizzard
ATVI
| $118M | 0.04% |
1,978,100
-174,500
| -8% | -$10.4M |
|
|
PPLI
333
People Inc
PPLI
$2.86B
| $117M | 0.04% |
3,647,316
+1,927,500
| +112% | +$76.3M |
|
|
EA
334
CALL
DELISTED
Electronic Arts
EA
| $117M | 0.04% |
1,165,100
+424,400
| +57% | +$44.7M |
|
335
CALL
Honeywell
HON
$68.4B
| $116M | 0.04% |
923,813
+86,790
| +10% | +$13.4M |
|
336
CALL
T-Mobile US
TMUS
$196B
| $116M | 0.04% |
1,383,200
+481,400
| +53% | +$40.7M |
|
337
Adobe
ADBE
$109B
| $116M | 0.04% |
363,783
-100,093
| -22% | -$34.2M |
|
|
WBA
338
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $116M | 0.04% |
2,528,800
+423,600
| +20% | +$21.5M |
|
339
CALL
iShares US Real Estate ETF
IYR
$4.62B
| $115M | 0.04% |
1,657,500
-772,800
| -32% | -$68.4M |
|
340
PUT
RH
RH
$2.9B
| $115M | 0.04% |
1,147,400
-279,800
| -20% | -$52.2M |
|
341
CALL
Domino's
DPZ
$11.3B
| $115M | 0.04% |
355,200
-26,600
| -7% | -$8.21M |
|
342
Trade Desk
TTD
$6.19B
| $115M | 0.04% |
5,934,970
+954,090
| +19% | +$24.7M |
|
343
CALL
Elevance Health
ELV
$86.9B
| $115M | 0.04% |
504,500
+23,500
| +5% | +$6.4M |
|
|
ALXN
344
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $114M | 0.04% |
1,270,600
-41,300
| -3% | -$4.05M |
|
345
CALL
CrowdStrike
CRWD
$195B
| $114M | 0.04% |
8,192,400
+3,958,000
| +93% | +$55.9M |
|
346
Mercado Libre
MELI
$97.5B
| $114M | 0.04% |
232,972
-288,223
| -55% | -$178M |
|
|
XYZ
347
Block Inc
XYZ
$49.4B
| $114M | 0.04% |
2,173,077
-1,301,779
| -37% | -$89M |
|
348
PUT
Eli Lilly
LLY
$1.12T
| $114M | 0.04% |
819,200
-104,700
| -11% | -$14.4M |
|
349
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $113M | 0.04% |
3,461,000
+115,000
| +3% | +$5.63M |
|
|
B
350
PUT
Barrick Mining
B
$78.3B
| $113M | 0.04% |
6,148,800
+1,233,900
| +25% | +$23.1M |
|
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 deployed $31.5B of net new capital in Q1 2020, opening 1,843 new positions and adding to 4,539 existing holdings. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.2% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Amazon, an estimated $946M trimmed.
- 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.