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 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.62% |
| 2 | Communication Services | 1.38% |
| 3 | Financials | 1.25% |
| 4 | Consumer Discretionary | 1.12% |
| 5 | Healthcare | 0.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
PUT
Boston Scientific
BSX
$73B
| $94.1M | 0.02% |
2,681,000
+1,305,700
| +95% | +$47M |
|
|
GRUB
527
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $94M | 0.02% |
668,600
+148,150
| +28% | +$15.7M |
|
528
PUT
BP
BP
$115B
| $93.8M | 0.02% |
4,022,800
-157,400
| -4% | -$3.78M |
|
529
Altria Group
MO
$110B
| $93.2M | 0.02% |
2,374,720
-1,111,921
| -32% | -$43.4M |
|
530
CALL
Valero Energy
VLO
$100B
| $93.2M | 0.02% |
1,584,500
-38,800
| -2% | -$2.32M |
|
531
CALL
Enphase Energy
ENPH
$5.1B
| $93.2M | 0.02% |
1,959,200
-437,100
| -18% | -$20.9M |
|
532
PUT
American International
AIG
$39.8B
| $93.1M | 0.02% |
2,987,000
+1,642,300
| +122% | +$46.1M |
|
533
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.74B
| $92.9M | 0.02% |
918,200
+252,500
| +38% | +$25.1M |
|
534
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $92.8M | 0.02% |
5,654,400
+2,920,400
| +107% | +$43.8M |
|
535
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $92.6M | 0.02% |
326,700
+153,300
| +88% | +$41.3M |
|
536
CALL
Kroger
KR
$35.5B
| $92.3M | 0.02% |
2,726,900
+71,900
| +3% | +$2.33M |
|
537
PUT
KraneShares CSI China Internet ETF
KWEB
$5.27B
| $92M | 0.02% |
1,484,700
+294,500
| +25% | +$15.4M |
|
|
538
PUT
Valero Energy
VLO
$100B
| $91.6M | 0.02% |
1,556,700
+456,700
| +42% | +$27.3M |
|
539
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $91.4M | 0.02% |
3,243,400
+626,400
| +24% | +$16.5M |
|
540
CALL
General Motors
GM
$77.2B
| $91.3M | 0.02% |
3,607,700
-748,200
| -17% | -$18.2M |
|
541
CALL
NextEra Energy
NEE
$174B
| $91.2M | 0.02% |
1,519,200
-196,000
| -11% | -$11.7M |
|
|
XLNX
542
DELISTED
Xilinx Inc
XLNX
| $90.9M | 0.02% |
923,741
-48,662
| -5% | -$4.32M |
|
543
VanEck Junior Gold Miners ETF
GDXJ
$9.76B
| $90.9M | 0.02% |
1,832,929
-4,527,103
| -71% | -$192M |
|
544
PayPal
PYPL
$52.7B
| $90.6M | 0.02% |
519,905
-125,713
| -19% | -$17.4M |
|
545
PUT
Philip Morris
PM
$293B
| $90.3M | 0.02% |
1,289,200
+77,400
| +6% | +$5.64M |
|
546
PUT
Novavax
NVAX
$1.47B
| $90.3M | 0.02% |
1,083,000
+584,600
| +117% | +$22.4M |
|
547
Petrobras
PBR
$123B
| $90M | 0.02% |
10,882,124
+4,659,053
| +75% | +$33.8M |
|
548
CALL
Darden Restaurants
DRI
$25.2B
| $89.9M | 0.02% |
1,186,500
+363,100
| +44% | +$25.8M |
|
549
Verizon
VZ
$205B
| $89.9M | 0.02% |
1,630,261
+1,604,866
| +6,320% | +$90.3M |
|
550
PUT
Honeywell
HON
$68.4B
| $89.4M | 0.02% |
656,229
-348,856
| -35% | -$46.2M |
|
Similar funds
Jeff Yass's Q2 2020 Portfolio in Review
As of Q2 2020, Jeff Yass held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Communication Services and Financials.
- Jeff Yass's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Jeff Yass added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Jeff Yass's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Jeff Yass fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Jeff Yass's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Jeff Yass opened 1,443 new positions and closed 1,558 in Q2 2020.
- Jeff Yass's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.