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 | |
|---|---|---|---|---|---|---|
601
PUT
Intuit
INTU
$101B
| $91.3M | 0.02% |
279,900
+60,300
| +27% | +$18.9M |
|
|
PARA
602
DELISTED
Paramount Global Class B
PARA
| $91.1M | 0.02% |
3,251,868
-2,060,909
| -39% | -$55.2M |
|
603
CALL
C.H. Robinson
CHRW
$16.7B
| $91M | 0.02% |
890,100
-44,500
| -5% | -$4.18M |
|
604
CALL
Franco-Nevada
FNV
$52.1B
| $90.9M | 0.02% |
651,100
+88,500
| +16% | +$13.1M |
|
605
PUT
ASML
ASML
$668B
| $90.4M | 0.02% |
244,800
-21,800
| -8% | -$8.15M |
|
606
Las Vegas Sands
LVS
$30.4B
| $90.1M | 0.02% |
1,931,875
+287,670
| +17% | +$13.7M |
|
|
ZEN
607
CALL
DELISTED
ZENDESK INC
ZEN
| $89.9M | 0.02% |
873,400
+548,700
| +169% | +$51.3M |
|
608
CALL
Duke Energy
DUK
$95.1B
| $89.5M | 0.02% |
1,010,900
-42,900
| -4% | -$3.54M |
|
609
PUT
S&P Global
SPGI
$128B
| $89.5M | 0.02% |
248,200
+70,300
| +40% | +$24.8M |
|
610
PUT
TJX Companies
TJX
$155B
| $89.1M | 0.02% |
1,601,600
+679,200
| +74% | +$36.6M |
|
|
NXH
611
PUT
Neighborhood Intelligence Inc
NXH
$372M
| $89.1M | 0.02% |
1,349,260
+1,030,700
| +324% | +$70.2M |
|
612
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$243M
| $88.8M | 0.02% |
5,000,400
+1,080,800
| +28% | +$18.5M |
|
613
Invesco DB US Dollar Index Bullish Fund
UUP
$322M
| $88.2M | 0.02% |
3,478,437
+844,562
| +32% | +$21.5M |
|
614
T-Mobile US
TMUS
$196B
| $88.2M | 0.02% |
770,915
+453,613
| +143% | +$50.3M |
|
615
PUT
Boston Beer
SAM
$1.95B
| $88M | 0.02% |
99,600
-23,000
| -19% | -$18.2M |
|
616
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $87.9M | 0.02% |
285,600
-41,100
| -13% | -$12.5M |
|
617
PUT
Snap
SNAP
$9.35B
| $87.8M | 0.02% |
3,361,300
-1,108,700
| -25% | -$25.8M |
|
618
Marvell Technology
MRVL
$206B
| $86.8M | 0.02% |
2,186,284
+735,526
| +51% | +$27.1M |
|
|
CXO
619
DELISTED
CONCHO RESOURCES INC.
CXO
| $86.6M | 0.02% |
1,962,196
+1,733,287
| +757% | +$86.4M |
|
620
CALL
Crown Castle
CCI
$32.5B
| $86.2M | 0.02% |
518,000
+168,400
| +48% | +$27.8M |
|
621
PUT
Colgate-Palmolive
CL
$73.8B
| $86M | 0.02% |
1,115,000
-1,300
| -0.1% | -$99.1K |
|
622
PUT
Zoetis
ZTS
$31.9B
| $85.7M | 0.02% |
518,100
+27,600
| +6% | +$4.24M |
|
623
CALL
Vanguard Real Estate ETF
VNQ
$39.3B
| $85.4M | 0.02% |
1,082,100
-530,200
| -33% | -$42.6M |
|
624
CALL
BP
BP
$113B
| $84.7M | 0.02% |
4,851,900
-539,000
| -10% | -$11.7M |
|
625
CALL
Dominion Energy
D
$58.6B
| $84.7M | 0.02% |
1,072,700
-600,600
| -36% | -$47.2M |
|
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.