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 | |
|---|---|---|---|---|---|---|
551
CALL
Autodesk
ADSK
$53.7B
| $104M | 0.02% |
448,400
+41,100
| +10% | +$9.77M |
|
552
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $102M | 0.02% |
1,596,200
-606,700
| -28% | -$38.3M |
|
553
PUT
iShares Select Dividend ETF
DVY
$23.9B
| $102M | 0.02% |
1,248,600
+1,126,700
| +924% | +$94M |
|
554
PUT
Chewy
CHWY
$10B
| $101M | 0.02% |
1,834,600
-876,400
| -32% | -$47.3M |
|
555
Nike
NKE
$60.5B
| $100M | 0.02% |
799,693
-377,045
| -32% | -$40.5M |
|
556
PUT
Lennar Class A
LEN
$21.2B
| $100M | 0.02% |
1,269,247
+635,605
| +100% | +$45.1M |
|
557
PUT
Philip Morris
PM
$298B
| $99.9M | 0.02% |
1,332,600
+43,400
| +3% | +$3.35M |
|
558
CALL
Hyliion Holdings
HYLN
$563M
| $99.9M | 0.02% |
+2,004,800
| New | +$65.6M |
|
559
CALL
HCA Healthcare
HCA
$92.9B
| $99.9M | 0.02% |
800,900
+177,200
| +28% | +$21.9M |
|
560
CALL
iShares Russell 1000 Growth ETF
IWF
$124B
| $99.7M | 0.02% |
1,839,200
+1,483,200
| +417% | +$78.1M |
|
561
CALL
Thermo Fisher Scientific
TMO
$232B
| $99.6M | 0.02% |
225,600
+34,300
| +18% | +$14.2M |
|
562
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $99.6M | 0.02% |
6,558,500
+904,100
| +16% | +$14M |
|
563
PUT
Paycom
PAYC
$10.3B
| $99.4M | 0.02% |
319,300
-54,600
| -15% | -$15.9M |
|
564
CALL
Freeport-McMoran
FCX
$112B
| $99.2M | 0.02% |
6,345,200
-118,300
| -2% | -$1.71M |
|
565
PUT
BioNTech
BNTX
$28.3B
| $98.7M | 0.02% |
1,425,300
+1,149,200
| +416% | +$82.4M |
|
566
CALL
WIX.com
WIX
$3.53B
| $98.5M | 0.02% |
386,500
-11,700
| -3% | -$3.23M |
|
|
WBA
567
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $98.3M | 0.02% |
2,737,100
+1,380,900
| +102% | +$54M |
|
|
568
PUT
Thermo Fisher Scientific
TMO
$232B
| $98.1M | 0.02% |
222,200
+60,900
| +38% | +$25.2M |
|
569
CALL
Darden Restaurants
DRI
$25.6B
| $97.3M | 0.02% |
965,400
-221,100
| -19% | -$18.4M |
|
570
PUT
State Street SPDR S&P Retail ETF
XRT
$329M
| $97.2M | 0.02% |
1,956,900
+143,300
| +8% | +$7.02M |
|
571
Lockheed Martin
LMT
$130B
| $97.1M | 0.02% |
253,260
+109,151
| +76% | +$41.7M |
|
572
CALL
Capital One
COF
$133B
| $97.1M | 0.02% |
1,350,800
+131,300
| +11% | +$8.78M |
|
573
Booking.com
BKNG
$160B
| $97M | 0.02% |
1,417,975
-1,780,775
| -56% | -$125M |
|
574
Micron Technology
MU
$1.03T
| $96.9M | 0.02% |
2,064,251
-1,985,399
| -49% | -$96.1M |
|
575
PUT
Linde
LIN
$226B
| $96.8M | 0.02% |
406,600
+118,900
| +41% | +$28.8M |
|
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.