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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.39B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$565M |
| 3 |
Citigroup
C
|
+$429M |
| 4 |
United States Oil Fund
USO
|
+$386M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$946M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$771M |
| 3 |
Alibaba
BABA
|
+$626M |
| 4 |
Tesla
TSLA
|
+$505M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$421M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Communication Services | 1.39% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.94% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWTR
451
DELISTED
Twitter, Inc.
TWTR
| $85M | 0.03% |
3,459,344
-5,506,240
| -61% | -$178M |
|
452
CALL
Applied Materials
AMAT
$391B
| $84.9M | 0.03% |
1,852,600
-237,500
| -11% | -$13.6M |
|
|
CGC
453
CALL
Canopy Growth
CGC
$472M
| $84.8M | 0.03% |
587,950
-98,080
| -14% | -$18.4M |
|
454
CALL
Linde
LIN
$225B
| $84.6M | 0.03% |
489,000
+136,000
| +39% | +$26.8M |
|
455
CALL
Sherwin-Williams
SHW
$84.1B
| $84.2M | 0.03% |
549,600
+201,600
| +58% | +$36.4M |
|
456
CALL
Cummins
CMI
$80.9B
| $83.9M | 0.03% |
620,300
-405,400
| -40% | -$63.2M |
|
|
TWTR
457
CALL
DELISTED
Twitter, Inc.
TWTR
| $83.8M | 0.03% |
3,410,100
+412,500
| +14% | +$13.3M |
|
458
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $83.6M | 0.03% |
3,228,700
+1,259,000
| +64% | +$35.6M |
|
459
PUT
General Mills
GIS
$21.4B
| $83.2M | 0.03% |
1,576,600
+798,000
| +102% | +$42.1M |
|
460
PUT
Skyworks Solutions
SWKS
$10.1B
| $83.2M | 0.03% |
930,800
-261,100
| -22% | -$27.9M |
|
461
CALL
Thermo Fisher Scientific
TMO
$233B
| $83M | 0.03% |
292,800
+139,300
| +91% | +$43.9M |
|
462
PUT
SLB Ltd
SLB
$79.9B
| $83M | 0.03% |
6,149,500
+3,150,800
| +105% | +$91.2M |
|
|
SPLK
463
PUT
DELISTED
Splunk Inc
SPLK
| $82.1M | 0.03% |
650,500
-352,200
| -35% | -$51.8M |
|
464
CALL
Atlassian
TEAM
$43.5B
| $81.8M | 0.03% |
596,300
+275,600
| +86% | +$38.5M |
|
465
PUT
Deere & Co
DE
$175B
| $81.8M | 0.03% |
591,900
-83,700
| -12% | -$13.2M |
|
466
PUT
Zscaler
ZS
$29.4B
| $81.2M | 0.03% |
1,333,900
-385,700
| -22% | -$21.2M |
|
467
CALL
Northrop Grumman
NOC
$78.3B
| $81M | 0.03% |
267,800
+55,100
| +26% | +$19.2M |
|
468
Snap
SNAP
$8.86B
| $80.8M | 0.03% |
6,794,634
+1,849,670
| +37% | +$28.4M |
|
469
UnitedHealth
UNH
$350B
| $80.6M | 0.03% |
323,009
-64,498
| -17% | -$17.7M |
|
470
CALL
Kroger
KR
$35.5B
| $80M | 0.03% |
2,655,000
+580,500
| +28% | +$17M |
|
471
PUT
Centene
CNC
$32.1B
| $79.7M | 0.03% |
1,341,100
+617,400
| +85% | +$37.5M |
|
472
CALL
General Dynamics
GD
$104B
| $79.6M | 0.03% |
601,800
-46,500
| -7% | -$7.72M |
|
473
PUT
Las Vegas Sands
LVS
$30.5B
| $79.4M | 0.03% |
1,868,800
+266,300
| +17% | +$16.1M |
|
|
ALXN
474
DELISTED
Alexion Pharmaceuticals
ALXN
| $78.8M | 0.03% |
877,581
+381,777
| +77% | +$37.5M |
|
475
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $78.5M | 0.03% |
330,100
+218,600
| +196% | +$50.1M |
|
Similar funds
Jeff Yass's Q1 2020 Portfolio in Review
As of Q1 2020, Jeff Yass held 11,456 positions worth $314B, down 9.5% from $347B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass deployed $31.5B of net new capital in Q1 2020, opening 1,843 new positions and adding to 4,539 existing holdings. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.2% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Amazon, an estimated $946M trimmed.
- Jeff Yass's largest Q1 2020 buy was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.39B increase.
- Jeff Yass's biggest Q1 2020 reduction was Amazon, cutting an estimated $946M.
- Jeff Yass fully exited Medicines Co in Q1 2020, selling an estimated $92M.
- Jeff Yass's ten largest holdings make up 30% of its $314B portfolio in Q1 2020.
- Jeff Yass opened 1,843 new positions and closed 1,300 in Q1 2020.
- Jeff Yass's portfolio value fell 9.5% quarter-over-quarter to $314B.
Based on Susquehanna International Group's 13F filing for Q1 2020, filed 15 May 2020.