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 | |
|---|---|---|---|---|---|---|
476
CALL
iShares MSCI ACWI ETF
ACWI
$33.1B
| $127M | 0.02% |
1,594,200
+1,113,200
| +231% | +$88.2M |
|
|
CXO
477
PUT
DELISTED
CONCHO RESOURCES INC.
CXO
| $127M | 0.02% |
2,887,400
+2,602,800
| +915% | +$130M |
|
478
CALL
Simon Property Group
SPG
$71.4B
| $127M | 0.02% |
1,958,400
+1,135,800
| +138% | +$74.5M |
|
479
PUT
SolarEdge
SEDG
$1.85B
| $126M | 0.02% |
530,700
-322,300
| -38% | -$61.9M |
|
480
CALL
General Mills
GIS
$21.9B
| $126M | 0.02% |
2,050,000
-536,700
| -21% | -$33.5M |
|
|
XLNX
481
PUT
DELISTED
Xilinx Inc
XLNX
| $126M | 0.02% |
1,208,000
-406,200
| -25% | -$41.7M |
|
482
PUT
Deere & Co
DE
$175B
| $126M | 0.02% |
567,700
-95,400
| -14% | -$18.4M |
|
|
483
CALL
SolarEdge
SEDG
$1.85B
| $126M | 0.02% |
527,300
-210,600
| -29% | -$40.5M |
|
484
PUT
Lyft
LYFT
$6.69B
| $125M | 0.02% |
4,545,700
+489,700
| +12% | +$14.6M |
|
485
Beyond Meat
BYND
$243M
| $125M | 0.02% |
25,091
+4,258
| +20% | +$17.3M |
|
|
AYX
486
PUT
DELISTED
Alteryx Inc
AYX
| $125M | 0.02% |
1,097,100
+160,100
| +17% | +$21.8M |
|
|
WBA
487
DELISTED
Walgreens Boots Alliance
WBA
| $124M | 0.02% |
3,446,868
+940,199
| +38% | +$36.8M |
|
|
WBA
488
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $124M | 0.02% |
3,446,300
+1,164,300
| +51% | +$45.5M |
|
489
PUT
NextEra Energy
NEE
$175B
| $124M | 0.02% |
1,783,200
+312,400
| +21% | +$21.6M |
|
490
AstraZeneca
AZN
$259B
| $124M | 0.02% |
1,128,279
+450,581
| +66% | +$50.1M |
|
|
491
CALL
NextEra Energy
NEE
$175B
| $124M | 0.02% |
1,780,000
+260,800
| +17% | +$18M |
|
492
PUT
MGM Resorts International
MGM
$11B
| $123M | 0.02% |
5,662,800
-2,754,500
| -33% | -$54.6M |
|
493
iShares Silver Trust
SLV
$33.5B
| $123M | 0.02% |
5,686,306
+3,726,855
| +190% | +$84.7M |
|
494
PUT
Northrop Grumman
NOC
$78B
| $123M | 0.02% |
389,000
-40,600
| -9% | -$13.2M |
|
495
CALL
General Motors
GM
$76.3B
| $122M | 0.02% |
4,131,100
+523,400
| +15% | +$14.7M |
|
496
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.83B
| $122M | 0.02% |
2,204,800
+432,700
| +24% | +$24.9M |
|
497
CALL
eBay
EBAY
$47.7B
| $122M | 0.02% |
2,339,500
+192,200
| +9% | +$10.6M |
|
498
PayPal
PYPL
$52.8B
| $122M | 0.02% |
617,965
+98,060
| +19% | +$18.5M |
|
|
FISV
499
CALL
Fiserv Inc
FISV
$28.2B
| $121M | 0.02% |
1,173,300
+696,400
| +146% | +$69.4M |
|
500
Wynn Resorts
WYNN
$10.2B
| $121M | 0.02% |
1,682,662
-208,475
| -11% | -$16.5M |
|
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.