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 | |
|---|---|---|---|---|---|---|
426
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.4B
| $149M | 0.03% |
8,835,000
+145,500
| +2% | +$2.25M |
|
427
CALL
MGM Resorts International
MGM
$11B
| $149M | 0.03% |
6,844,500
+3,856,900
| +129% | +$76.5M |
|
428
PUT
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $149M | 0.03% |
2,688,300
+434,300
| +19% | +$25M |
|
429
PUT
Accenture
ACN
$114B
| $148M | 0.03% |
656,600
+97,400
| +17% | +$22.3M |
|
430
Atlassian
TEAM
$43.4B
| $148M | 0.03% |
816,075
+587,505
| +257% | +$105M |
|
431
PUT
Workday
WDAY
$49.2B
| $148M | 0.03% |
688,300
+163,000
| +31% | +$32.2M |
|
432
PUT
Darden Restaurants
DRI
$25.6B
| $147M | 0.03% |
1,462,000
+540,200
| +59% | +$44.9M |
|
433
PUT
RTX Corp
RTX
$282B
| $147M | 0.03% |
2,559,100
-562,500
| -18% | -$34.2M |
|
434
Vanguard Total International Bond ETF
BNDX
$82.6B
| $146M | 0.03% |
+2,507,136
| New | +$145M |
|
|
SPLK
435
PUT
DELISTED
Splunk Inc
SPLK
| $145M | 0.03% |
772,900
+192,000
| +33% | +$38.3M |
|
436
PUT
Union Pacific
UNP
$184B
| $144M | 0.03% |
733,200
-224,600
| -23% | -$41.7M |
|
437
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$102M
| $144M | 0.03% |
20,299
+17,876
| +738% | +$98M |
|
438
CALL
Take-Two Interactive
TTWO
$43.7B
| $144M | 0.03% |
872,700
+143,600
| +20% | +$23.3M |
|
|
SINA
439
DELISTED
Sina Corp
SINA
| $143M | 0.03% |
3,365,109
+55,259
| +2% | +$2.22M |
|
440
PUT
Expedia Group
EXPE
$40.7B
| $143M | 0.03% |
1,561,500
-402,200
| -20% | -$36.2M |
|
|
NKLA
441
PUT
DELISTED
Nikola Corporation Common Stock
NKLA
| $142M | 0.03% |
231,230
-28,403
| -11% | -$33.1M |
|
442
PUT
Sherwin-Williams
SHW
$84.2B
| $142M | 0.03% |
611,100
+315,000
| +106% | +$68.8M |
|
|
443
Alphabet (Google) Class C
GOOG
$4.21T
| $142M | 0.03% |
1,927,840
-4,962,300
| -72% | -$379M |
|
444
CALL
GE Aerospace
GE
$355B
| $141M | 0.03% |
4,549,375
-661,519
| -13% | -$21.5M |
|
445
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$675M
| $141M | 0.03% |
1,090,600
+311,500
| +40% | +$45.2M |
|
446
PUT
Las Vegas Sands
LVS
$30.4B
| $140M | 0.03% |
3,010,700
+52,200
| +2% | +$2.49M |
|
|
VMW
447
CALL
DELISTED
VMware, Inc
VMW
| $140M | 0.03% |
974,200
+308,200
| +46% | +$43.8M |
|
|
448
CALL
Sherwin-Williams
SHW
$84.2B
| $140M | 0.03% |
601,500
+283,800
| +89% | +$62M |
|
449
Morgan Stanley
MS
$336B
| $140M | 0.03% |
2,887,576
+684,287
| +31% | +$34.5M |
|
450
CALL
Snowflake
SNOW
$112B
| $140M | 0.03% |
+555,900
| New | +$132M |
|
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.