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 | |
|---|---|---|---|---|---|---|
426
CALL
DraftKings
DKNG
$13B
| $124M | 0.03% |
3,735,000
+2,762,100
| +284% | +$76.3M |
|
427
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $124M | 0.03% |
908,700
+482,200
| +113% | +$61.5M |
|
|
PARA
428
DELISTED
Paramount Global Class B
PARA
| $124M | 0.03% |
5,312,777
-929,331
| -15% | -$17.9M |
|
|
EA
429
PUT
DELISTED
Electronic Arts
EA
| $124M | 0.03% |
935,700
+41,500
| +5% | +$4.9M |
|
430
CALL
Colgate-Palmolive
CL
$72.6B
| $123M | 0.03% |
1,682,200
-751,300
| -31% | -$53.4M |
|
431
CALL
Deere & Co
DE
$175B
| $123M | 0.03% |
781,100
+62,600
| +9% | +$9.07M |
|
432
PUT
Comcast
CMCSA
$95.3B
| $122M | 0.03% |
3,139,800
-440,300
| -12% | -$16.8M |
|
433
CALL
iShares Silver Trust
SLV
$33.8B
| $122M | 0.03% |
7,188,800
+2,614,000
| +57% | +$39.9M |
|
|
WORK
434
CALL
DELISTED
Slack Technologies, Inc.
WORK
| $122M | 0.03% |
3,929,700
-17,400
| -0.4% | -$523K |
|
|
435
PUT
DraftKings
DKNG
$13B
| $122M | 0.03% |
3,671,900
+3,340,200
| +1,007% | +$92.3M |
|
436
CALL
Royal Caribbean
RCL
$78.1B
| $122M | 0.03% |
2,417,600
+792,400
| +49% | +$35.9M |
|
437
PUT
Chewy
CHWY
$9.83B
| $121M | 0.03% |
2,711,000
+1,818,700
| +204% | +$79.3M |
|
438
Newmont
NEM
$139B
| $121M | 0.03% |
1,952,498
+1,759,075
| +909% | +$104M |
|
439
PUT
Palo Alto Networks
PANW
$292B
| $120M | 0.03% |
3,142,200
-664,200
| -17% | -$23.4M |
|
440
CALL
NetEase
NTES
$82.1B
| $120M | 0.03% |
1,399,000
+449,000
| +47% | +$33.8M |
|
441
PUT
Accenture
ACN
$113B
| $120M | 0.03% |
559,200
-100,000
| -15% | -$18.9M |
|
442
CALL
Linde
LIN
$225B
| $120M | 0.03% |
565,300
+76,300
| +16% | +$14.7M |
|
443
CALL
Atlassian
TEAM
$43.5B
| $119M | 0.03% |
660,000
+63,700
| +11% | +$10.6M |
|
444
McDonald's
MCD
$192B
| $119M | 0.03% |
644,780
+581,884
| +925% | +$107M |
|
|
SINA
445
DELISTED
Sina Corp
SINA
| $119M | 0.03% |
3,309,850
-18,853
| -0.6% | -$634K |
|
446
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| $118M | 0.03% |
1,446
-1,099
| -43% | -$113M |
|
447
PUT
SolarEdge
SEDG
$1.9B
| $118M | 0.03% |
853,000
+327,400
| +62% | +$40M |
|
448
CALL
DexCom
DXCM
$34.8B
| $118M | 0.03% |
1,167,600
+582,000
| +99% | +$52.1M |
|
449
PUT
Moderna
MRNA
$57.9B
| $118M | 0.03% |
1,842,800
+1,061,100
| +136% | +$58.1M |
|
450
IBM
IBM
$222B
| $118M | 0.03% |
1,019,075
-810,646
| -44% | -$94.2M |
|
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.