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 | |
|---|---|---|---|---|---|---|
401
CALL
Dominion Energy
D
$58.6B
| $136M | 0.03% |
1,673,300
+350,400
| +26% | +$28.1M |
|
402
CALL
Pfizer
PFE
$160B
| $135M | 0.03% |
4,357,131
-903,910
| -17% | -$30.7M |
|
403
PUT
Las Vegas Sands
LVS
$30.5B
| $135M | 0.03% |
2,958,500
+1,089,700
| +58% | +$51.2M |
|
404
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $135M | 0.03% |
8,201,900
+4,464,800
| +119% | +$66.9M |
|
405
NextEra Energy
NEE
$174B
| $134M | 0.03% |
2,234,900
+486,740
| +28% | +$29.1M |
|
406
CALL
Paycom
PAYC
$10.3B
| $134M | 0.03% |
432,300
-19,000
| -4% | -$5.06M |
|
407
PUT
Lyft
LYFT
$6.61B
| $134M | 0.03% |
4,056,000
+355,400
| +10% | +$11.2M |
|
|
PXD
408
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $133M | 0.03% |
1,360,500
+500
| +0% | +$44.1K |
|
409
PUT
Northrop Grumman
NOC
$78.3B
| $132M | 0.03% |
429,600
-1,400
| -0.3% | -$459K |
|
410
CALL
Domino's
DPZ
$11.3B
| $132M | 0.03% |
357,000
+1,800
| +0.5% | +$663K |
|
411
PUT
United Rentals
URI
$68.4B
| $132M | 0.03% |
884,500
-425,500
| -32% | -$54M |
|
412
PUT
WIX.com
WIX
$3.43B
| $131M | 0.03% |
509,400
+291,800
| +134% | +$51.7M |
|
413
CALL
Elevance Health
ELV
$86.9B
| $130M | 0.03% |
494,800
-9,700
| -2% | -$2.59M |
|
414
PUT
CME Group
CME
$98.9B
| $130M | 0.03% |
799,200
-66,300
| -8% | -$11.9M |
|
|
WORK
415
PUT
DELISTED
Slack Technologies, Inc.
WORK
| $130M | 0.03% |
4,165,900
+1,658,600
| +66% | +$49.9M |
|
416
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $129M | 0.03% |
2,202,900
-361,200
| -14% | -$21.1M |
|
417
Uber
UBER
$161B
| $129M | 0.03% |
4,153,387
+2,125,364
| +105% | +$66.2M |
|
418
PUT
Southwest Airlines
LUV
$19.8B
| $128M | 0.03% |
3,758,700
+2,050,500
| +120% | +$65.2M |
|
419
PUT
Abbott
ABT
$202B
| $128M | 0.03% |
1,405,100
-155,900
| -10% | -$14.1M |
|
420
PUT
Altria Group
MO
$110B
| $128M | 0.03% |
3,262,000
-472,100
| -13% | -$18.4M |
|
421
PUT
Gaotu Techedu
GOTU
$401M
| $128M | 0.03% |
2,125,700
+2,046,100
| +2,570% | +$81M |
|
422
PUT
Petrobras
PBR
$123B
| $127M | 0.03% |
15,322,900
+1,136,200
| +8% | +$8.24M |
|
423
CALL
Vanguard Real Estate ETF
VNQ
$39.1B
| $127M | 0.03% |
1,612,300
+1,210,300
| +301% | +$91.8M |
|
424
CALL
BP
BP
$115B
| $126M | 0.03% |
5,390,900
+228,400
| +4% | +$5.48M |
|
|
425
CALL
United Rentals
URI
$68.4B
| $125M | 0.03% |
836,600
-235,800
| -22% | -$29.9M |
|
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.