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 | |
|---|---|---|---|---|---|---|
476
CALL
Estee Lauder
EL
$36.9B
| $78.5M | 0.03% |
492,400
+264,600
| +116% | +$51.1M |
|
|
RTN
477
PUT
DELISTED
Raytheon Company
RTN
| $78M | 0.02% |
595,000
-385,800
| -39% | -$76.4M |
|
478
PUT
Petrobras
PBR
$123B
| $78M | 0.02% |
14,186,700
+7,660,200
| +117% | +$91.4M |
|
479
CALL
Enphase Energy
ENPH
$5.1B
| $77.4M | 0.02% |
2,396,300
+1,315,800
| +122% | +$49.6M |
|
480
CALL
Becton Dickinson
BDX
$52.3B
| $77.2M | 0.02% |
344,298
+116,030
| +51% | +$28.7M |
|
481
Coca-Cola
KO
$392B
| $77.1M | 0.02% |
1,741,577
-1,191,441
| -41% | -$64.3M |
|
482
CALL
Norfolk Southern
NSC
$78.8B
| $76.5M | 0.02% |
524,100
+124,600
| +31% | +$23M |
|
483
Bristol-Myers Squibb
BMY
$137B
| $76.3M | 0.02% |
1,368,209
-3,204,144
| -70% | -$196M |
|
484
CALL
Kraft Heinz
KHC
$30.3B
| $76.2M | 0.02% |
3,081,500
+971,900
| +46% | +$26.7M |
|
|
XLNX
485
DELISTED
Xilinx Inc
XLNX
| $75.8M | 0.02% |
972,403
-584,650
| -38% | -$50.9M |
|
486
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.85B
| $75.8M | 0.02% |
6,228
+338
| +6% | +$4.43M |
|
487
PUT
Universal Display
OLED
$3.95B
| $75.7M | 0.02% |
574,700
-173,000
| -23% | -$29.8M |
|
488
CALL
Eaton
ETN
$163B
| $75.7M | 0.02% |
973,800
+235,900
| +32% | +$21.6M |
|
489
PUT
Analog Devices
ADI
$182B
| $75.2M | 0.02% |
838,700
+442,500
| +112% | +$48.4M |
|
|
PARA
490
PUT
DELISTED
Paramount Global Class B
PARA
| $75.2M | 0.02% |
5,366,300
+2,031,700
| +61% | +$58.2M |
|
491
CALL
ConocoPhillips
COP
$162B
| $75M | 0.02% |
2,435,600
+215,300
| +10% | +$11M |
|
492
PUT
MongoDB
MDB
$34.7B
| $74.8M | 0.02% |
547,900
+113,300
| +26% | +$16.7M |
|
493
CALL
Wynn Resorts
WYNN
$10.3B
| $74.3M | 0.02% |
1,234,000
-71,500
| -5% | -$8.01M |
|
494
CALL
Western Digital
WDC
$166B
| $74M | 0.02% |
2,353,617
-128,331
| -5% | -$5.68M |
|
495
CALL
Valero Energy
VLO
$100B
| $73.6M | 0.02% |
1,623,300
+234,200
| +17% | +$17M |
|
|
496
CALL
MongoDB
MDB
$34.7B
| $73.2M | 0.02% |
535,800
+83,600
| +18% | +$12.3M |
|
497
CALL
CSX Corp
CSX
$95.6B
| $73.1M | 0.02% |
3,827,100
+438,900
| +13% | +$10.2M |
|
498
PUT
iShares MSCI Mexico ETF
EWW
$1.86B
| $73.1M | 0.02% |
2,577,500
-295,400
| -10% | -$12.3M |
|
|
499
PUT
Enphase Energy
ENPH
$5.1B
| $72.7M | 0.02% |
2,252,700
+377,400
| +20% | +$14.2M |
|
500
PUT
ASML
ASML
$677B
| $72.6M | 0.02% |
277,300
+107,500
| +63% | +$30.6M |
|
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.