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 | |
|---|---|---|---|---|---|---|
351
CALL
Honeywell
HON
$68.4B
| $164M | 0.04% |
1,204,023
+280,210
| +30% | +$37.1M |
|
352
PUT
Lowe's Companies
LOW
$121B
| $163M | 0.04% |
1,207,300
+201,500
| +20% | +$23M |
|
353
AbbVie
ABBV
$468B
| $163M | 0.04% |
1,660,848
-283,686
| -15% | -$25M |
|
354
CALL
Zscaler
ZS
$29.4B
| $163M | 0.04% |
1,485,400
+297,300
| +25% | +$24.7M |
|
355
PUT
Applied Materials
AMAT
$391B
| $162M | 0.04% |
2,681,100
+631,500
| +31% | +$34.1M |
|
356
PUT
Union Pacific
UNP
$183B
| $162M | 0.04% |
957,800
-723,400
| -43% | -$116M |
|
357
Salesforce
CRM
$171B
| $162M | 0.04% |
863,824
-374,385
| -30% | -$63.1M |
|
358
CALL
Workday
WDAY
$49.4B
| $161M | 0.04% |
861,700
+24,300
| +3% | +$3.93M |
|
359
PUT
Expedia Group
EXPE
$38.6B
| $161M | 0.04% |
1,963,700
-1,074,900
| -35% | -$78.2M |
|
360
PUT
iShares Biotechnology ETF
IBB
$10.7B
| $161M | 0.04% |
1,180,300
-47,300
| -4% | -$6.03M |
|
361
PUT
General Motors
GM
$77.2B
| $161M | 0.04% |
6,359,600
-113,900
| -2% | -$2.77M |
|
|
PPLI
362
PUT
People Inc
PPLI
$2.86B
| $160M | 0.04% |
2,766,929
+875,681
| +46% | +$38.9M |
|
363
CALL
General Mills
GIS
$21.4B
| $159M | 0.04% |
2,586,700
-5,400
| -0.2% | -$326K |
|
|
XLNX
364
PUT
DELISTED
Xilinx Inc
XLNX
| $159M | 0.04% |
1,614,200
-279,400
| -15% | -$24.8M |
|
365
PUT
MongoDB
MDB
$34.7B
| $158M | 0.04% |
699,000
+151,100
| +28% | +$28M |
|
|
ATVI
366
CALL
DELISTED
Activision Blizzard
ATVI
| $157M | 0.04% |
2,067,000
+440,700
| +27% | +$30.7M |
|
367
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $157M | 0.04% |
5,560,200
-930,600
| -14% | -$26.8M |
|
368
PUT
Skyworks Solutions
SWKS
$10.1B
| $156M | 0.04% |
1,217,500
+286,700
| +31% | +$31.8M |
|
369
CALL
Palo Alto Networks
PANW
$292B
| $156M | 0.04% |
4,063,200
+289,200
| +8% | +$10.2M |
|
370
PUT
Danaher
DHR
$154B
| $154M | 0.04% |
985,082
-270,608
| -22% | -$38.8M |
|
|
AYX
371
PUT
DELISTED
Alteryx Inc
AYX
| $154M | 0.04% |
937,000
+10,200
| +1% | +$1.32M |
|
372
PUT
American Tower
AMT
$81.9B
| $152M | 0.04% |
589,800
+84,200
| +17% | +$20.8M |
|
373
PUT
Autodesk
ADSK
$53.6B
| $152M | 0.04% |
634,000
-27,200
| -4% | -$5.35M |
|
374
PUT
DexCom
DXCM
$34.8B
| $151M | 0.04% |
1,494,800
+721,200
| +93% | +$64.5M |
|
|
TWTR
375
PUT
DELISTED
Twitter, Inc.
TWTR
| $151M | 0.04% |
5,062,200
-1,017,800
| -17% | -$30.7M |
|
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.