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 | |
|---|---|---|---|---|---|---|
501
CALL
SolarEdge
SEDG
$1.9B
| $72.5M | 0.02% |
885,900
+117,800
| +15% | +$12.5M |
|
502
PUT
Zoetis
ZTS
$32.1B
| $72.4M | 0.02% |
614,800
+280,900
| +84% | +$37M |
|
503
CALL
Zscaler
ZS
$29.4B
| $72.3M | 0.02% |
1,188,100
+203,200
| +21% | +$11.2M |
|
504
Freeport-McMoran
FCX
$110B
| $72M | 0.02% |
10,660,206
+5,545,821
| +108% | +$58M |
|
505
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $71.8M | 0.02% |
2,592,000
-384,000
| -13% | -$12.3M |
|
506
NXP Semiconductors
NXPI
$56.9B
| $71.8M | 0.02% |
865,401
+732,961
| +553% | +$85.9M |
|
507
CALL
Centene
CNC
$32.1B
| $71.7M | 0.02% |
1,207,200
+207,000
| +21% | +$12.6M |
|
508
CALL
TJX Companies
TJX
$155B
| $71.7M | 0.02% |
1,498,900
+708,700
| +90% | +$40.8M |
|
509
PUT
Match Group
MTCH
$9.38B
| $71.5M | 0.02% |
1,083,100
-194,100
| -15% | -$14.3M |
|
510
Goldman Sachs
GS
$303B
| $71.5M | 0.02% |
462,244
+154,807
| +50% | +$32.9M |
|
511
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$98.9M
| $71.4M | 0.02% |
3,082
-1,668
| -35% | -$24.8M |
|
512
PUT
iShares MSCI Japan ETF
EWJ
$22.4B
| $71.4M | 0.02% |
1,445,300
+438,100
| +43% | +$24.1M |
|
513
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $71.1M | 0.02% |
3,155,600
+2,169,400
| +220% | +$59.6M |
|
514
CALL
International Paper
IP
$22B
| $70.6M | 0.02% |
2,396,170
+283,114
| +13% | +$10.5M |
|
515
CALL
Take-Two Interactive
TTWO
$44.8B
| $70.5M | 0.02% |
594,000
-63,100
| -10% | -$7.46M |
|
516
CALL
Southern Company
SO
$102B
| $70.3M | 0.02% |
1,298,800
+161,800
| +14% | +$10.3M |
|
517
PUT
Dell
DELL
$286B
| $70.2M | 0.02% |
3,499,510
-2,234,028
| -39% | -$51.5M |
|
|
SPLK
518
CALL
DELISTED
Splunk Inc
SPLK
| $69.9M | 0.02% |
553,500
-517,200
| -48% | -$76.1M |
|
|
CTXS
519
CALL
DELISTED
Citrix Systems Inc
CTXS
| $69.8M | 0.02% |
493,300
+110,500
| +29% | +$13.2M |
|
520
CALL
Arista Networks
ANET
$238B
| $69.8M | 0.02% |
5,513,600
-152,000
| -3% | -$1.97M |
|
521
PUT
Tyson Foods
TSN
$20.6B
| $69.2M | 0.02% |
1,195,800
+372,100
| +45% | +$27.8M |
|
522
CALL
Teladoc Health
TDOC
$1.16B
| $69.2M | 0.02% |
446,400
+175,100
| +65% | +$20.4M |
|
|
523
CALL
Tyson Foods
TSN
$20.6B
| $68.8M | 0.02% |
1,189,300
+650,000
| +121% | +$48.6M |
|
524
CALL
Occidental Petroleum
OXY
$61.3B
| $68.7M | 0.02% |
5,931,300
+2,642,500
| +80% | +$86.8M |
|
525
PUT
Colgate-Palmolive
CL
$72.6B
| $68.6M | 0.02% |
1,034,100
-254,900
| -20% | -$18M |
|
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.