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 |
Apple
AAPL
|
+$2.66B |
| 2 |
Amazon
AMZN
|
+$421M |
| 3 |
Citigroup
C
|
+$386M |
| 4 |
Wells Fargo
WFC
|
+$288M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$287M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$3.18B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.45B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$1.45B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$533M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$503M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.99% |
| 2 | Consumer Discretionary | 1.08% |
| 3 | Financials | 1% |
| 4 | Communication Services | 0.82% |
| 5 | Healthcare | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
PUT
Humana
HUM
$46.5B
| $210M | 0.04% |
507,000
-183,700
| -27% | -$73.9M |
|
327
PUT
NetEase
NTES
$78.7B
| $209M | 0.04% |
2,303,000
+1,062,500
| +86% | +$99.9M |
|
328
CALL
Pinduoduo
PDD
$124B
| $208M | 0.04% |
2,799,200
+354,300
| +14% | +$30.4M |
|
329
CALL
Okta
OKTA
$22.8B
| $207M | 0.04% |
968,000
-371,000
| -28% | -$77.3M |
|
330
AbbVie
ABBV
$467B
| $207M | 0.04% |
2,362,566
+701,718
| +42% | +$66.1M |
|
331
NIO
NIO
$10.9B
| $206M | 0.04% |
9,689,392
+2,906,066
| +43% | +$44.7M |
|
332
PUT
WIX.com
WIX
$3.53B
| $205M | 0.04% |
805,900
+296,500
| +58% | +$81.7M |
|
333
PUT
iShares Russell 1000 Growth ETF
IWF
$124B
| $205M | 0.04% |
3,785,600
+3,086,400
| +441% | +$163M |
|
334
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $204M | 0.04% |
13,601,178
+5,936,388
| +77% | +$105M |
|
|
COUP
335
PUT
DELISTED
Coupa Software Incorporated
COUP
| $204M | 0.04% |
742,300
+118,700
| +19% | +$34.6M |
|
336
PUT
ProShares UltraPro QQQ
TQQQ
$34.7B
| $204M | 0.04% |
12,437,600
-3,472,000
| -22% | -$54.7M |
|
|
337
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $203M | 0.04% |
13,528,200
-13,340,600
| -50% | -$237M |
|
|
338
CALL
Humana
HUM
$46.5B
| $202M | 0.04% |
488,400
+6,400
| +1% | +$2.57M |
|
339
PUT
GE Aerospace
GE
$355B
| $202M | 0.04% |
6,495,551
+1,571,045
| +32% | +$51.1M |
|
|
340
GE Aerospace
GE
$355B
| $200M | 0.04% |
6,443,813
+1,465,757
| +29% | +$47.6M |
|
341
CALL
Zscaler
ZS
$28.5B
| $199M | 0.04% |
1,413,700
-71,700
| -5% | -$9.31M |
|
342
CALL
RTX Corp
RTX
$282B
| $197M | 0.04% |
3,430,100
-1,478,800
| -30% | -$90M |
|
343
CVS Health
CVS
$120B
| $197M | 0.04% |
3,369,496
+2,486,601
| +282% | +$155M |
|
344
CALL
Skyworks Solutions
SWKS
$10.1B
| $196M | 0.04% |
1,350,200
+445,000
| +49% | +$61.9M |
|
345
PUT
Vale
VALE
$64B
| $196M | 0.04% |
18,540,500
+872,600
| +5% | +$9.8M |
|
346
PUT
Newmont
NEM
$139B
| $195M | 0.04% |
3,071,400
+372,000
| +14% | +$24.3M |
|
347
PUT
Ulta Beauty
ULTA
$23.2B
| $194M | 0.04% |
868,300
+2,600
| +0.3% | +$559K |
|
348
CALL
MongoDB
MDB
$32.4B
| $194M | 0.04% |
839,300
-127,400
| -13% | -$27.6M |
|
349
PUT
General Motors
GM
$76.3B
| $193M | 0.04% |
6,534,000
+174,400
| +3% | +$4.9M |
|
350
lululemon athletica
LULU
$13.9B
| $192M | 0.04% |
583,899
+468,652
| +407% | +$156M |
|
Similar funds
Jeff Yass's Q3 2020 Portfolio in Review
As of Q3 2020, Jeff Yass held 11,604 positions worth $522B, up 26% from $415B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass deployed $36.2B of net new capital in Q3 2020, opening 1,567 new positions and adding to 4,405 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $3.18B trimmed.
- Jeff Yass's largest Q3 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
- Jeff Yass added most to Apple in Q3 2020, an estimated $2.66B increase.
- Jeff Yass's biggest Q3 2020 reduction was Invesco QQQ Trust, cutting an estimated $3.18B.
- Jeff Yass fully exited Vanguard Short-Term Corporate Bond ETF in Q3 2020, selling an estimated $34.1M.
- Jeff Yass's ten largest holdings make up 34% of its $522B portfolio in Q3 2020.
- Jeff Yass opened 1,567 new positions and closed 1,138 in Q3 2020.
- Jeff Yass's portfolio value rose 26% quarter-over-quarter to $522B.
Based on Susquehanna International Group's 13F filing for Q3 2020, filed 16 Nov 2020.