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 | |
|---|---|---|---|---|---|---|
376
CALL
Clorox
CLX
$12.9B
| $150M | 0.04% |
684,600
-9,700
| -1% | -$1.94M |
|
377
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $148M | 0.04% |
5,257,200
+2,665,200
| +103% | +$76.8M |
|
378
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $147M | 0.04% |
3,830,300
+369,300
| +11% | +$13.5M |
|
379
CALL
CME Group
CME
$98.9B
| $147M | 0.04% |
903,800
+40,800
| +5% | +$7.31M |
|
380
CALL
Analog Devices
ADI
$182B
| $146M | 0.04% |
1,192,900
+669,300
| +128% | +$73.5M |
|
381
CALL
Occidental Petroleum
OXY
$61.3B
| $146M | 0.04% |
7,992,800
+2,061,500
| +35% | +$32.5M |
|
382
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $146M | 0.04% |
1,085,900
+381,700
| +54% | +$49.6M |
|
|
B
383
Barrick Mining
B
$78.3B
| $146M | 0.04% |
5,419,292
+2,130,466
| +65% | +$53.2M |
|
384
Lam Research
LRCX
$393B
| $146M | 0.04% |
4,503,130
+1,807,050
| +67% | +$49.3M |
|
385
CALL
American Airlines Group
AAL
$9.15B
| $146M | 0.04% |
11,143,900
+3,749,300
| +51% | +$45.5M |
|
386
PUT
Illumina
ILMN
$33.1B
| $145M | 0.04% |
402,668
+8,224
| +2% | +$2.65M |
|
387
State Street Energy Select Sector SPDR ETF
XLE
$41.8B
| $145M | 0.04% |
7,664,790
+3,187,218
| +71% | +$59.3M |
|
388
PUT
Cigna
CI
$73.3B
| $144M | 0.03% |
767,300
-164,000
| -18% | -$31.1M |
|
389
PUT
MGM Resorts International
MGM
$11B
| $141M | 0.03% |
8,417,300
+5,519,600
| +190% | +$89.1M |
|
390
Wynn Resorts
WYNN
$10.3B
| $141M | 0.03% |
1,891,137
+1,466,474
| +345% | +$118M |
|
391
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $140M | 0.03% |
2,034,700
+352,200
| +21% | +$22.8M |
|
392
CALL
Ulta Beauty
ULTA
$22.4B
| $140M | 0.03% |
686,900
+93,900
| +16% | +$20.2M |
|
|
ATVI
393
PUT
DELISTED
Activision Blizzard
ATVI
| $139M | 0.03% |
1,837,600
-140,500
| -7% | -$9.8M |
|
394
Goldman Sachs
GS
$303B
| $139M | 0.03% |
703,629
+241,385
| +52% | +$45.3M |
|
|
TWTR
395
CALL
DELISTED
Twitter, Inc.
TWTR
| $138M | 0.03% |
4,627,400
+1,217,300
| +36% | +$36.7M |
|
396
PUT
United Parcel Service
UPS
$86.8B
| $137M | 0.03% |
1,236,600
-925,400
| -43% | -$92.4M |
|
397
PUT
Oracle
ORCL
$422B
| $137M | 0.03% |
2,477,400
-9,900
| -0.4% | -$524K |
|
398
CALL
Etsy
ETSY
$7.44B
| $137M | 0.03% |
1,285,700
+432,300
| +51% | +$32M |
|
399
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.5B
| $136M | 0.03% |
1,744,000
+1,198,560
| +220% | +$77.8M |
|
400
CALL
Applied Materials
AMAT
$391B
| $136M | 0.03% |
2,248,300
+395,700
| +21% | +$21.3M |
|
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.