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 | |
|---|---|---|---|---|---|---|
526
PUT
American International
AIG
$40.5B
| $110M | 0.02% |
4,012,300
+1,025,300
| +34% | +$30.6M |
|
527
CALL
Elevance Health
ELV
$87.3B
| $110M | 0.02% |
411,000
-83,800
| -17% | -$22.5M |
|
528
PUT
RingCentral
RNG
$5.6B
| $110M | 0.02% |
400,600
+90,700
| +29% | +$25.2M |
|
529
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$292M
| $110M | 0.02% |
2,203
+757
| +52% | +$45.4M |
|
530
Costco
COST
$431B
| $109M | 0.02% |
307,538
-477,670
| -61% | -$161M |
|
531
CALL
Vale
VALE
$64B
| $109M | 0.02% |
10,311,200
+7,384,500
| +252% | +$82.9M |
|
532
Regeneron Pharmaceuticals
REGN
$85.3B
| $109M | 0.02% |
194,510
+90,210
| +86% | +$54.7M |
|
533
Johnson & Johnson
JNJ
$658B
| $109M | 0.02% |
729,981
-469,173
| -39% | -$69.4M |
|
|
LVGO
534
CALL
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $108M | 0.02% |
774,700
+412,900
| +114% | +$50.3M |
|
535
PUT
Virgin Galactic
SPCE
$455M
| $108M | 0.02% |
281,750
+35,195
| +14% | +$13.4M |
|
536
CALL
Dollar General
DG
$27.6B
| $108M | 0.02% |
516,200
+75,000
| +17% | +$14.8M |
|
537
PUT
Dow Inc
DOW
$22.7B
| $108M | 0.02% |
2,293,700
+552,500
| +32% | +$24.8M |
|
538
PUT
Norfolk Southern
NSC
$79.3B
| $108M | 0.02% |
504,100
+130,100
| +35% | +$26.1M |
|
539
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $107M | 0.02% |
3,511,500
-45,700
| -1% | -$1.43M |
|
540
iShares MSCI Brazil ETF
EWZ
$8.07B
| $107M | 0.02% |
3,878,663
+1,981,562
| +104% | +$60.8M |
|
541
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.4B
| $107M | 0.02% |
6,351,000
-1,602,000
| -20% | -$24.8M |
|
|
PXD
542
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $107M | 0.02% |
1,245,400
-115,100
| -8% | -$11.3M |
|
543
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $107M | 0.02% |
7,028,700
-1,173,200
| -14% | -$18.1M |
|
544
CALL
Match Group
MTCH
$9.58B
| $107M | 0.02% |
962,700
-835,500
| -46% | -$88.5M |
|
545
General Motors
GM
$76.3B
| $106M | 0.02% |
3,586,761
-535,434
| -13% | -$15M |
|
546
PUT
Align Technology
ALGN
$11.3B
| $106M | 0.02% |
323,100
-97,100
| -23% | -$29.6M |
|
547
CALL
Las Vegas Sands
LVS
$30.4B
| $105M | 0.02% |
2,253,600
+842,900
| +60% | +$40.3M |
|
548
Mercado Libre
MELI
$98.8B
| $105M | 0.02% |
97,118
+57,755
| +147% | +$62.7M |
|
549
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $105M | 0.02% |
2,937,600
+743,300
| +34% | +$28M |
|
550
CALL
American Tower
AMT
$83.1B
| $104M | 0.02% |
430,300
+22,300
| +5% | +$5.65M |
|
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.