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 | |
|---|---|---|---|---|---|---|
651
Invesco DB US Dollar Index Bullish Fund
UUP
$322M
| $69.3M | 0.02% |
2,633,875
-6,058,927
| -70% | -$162M |
|
652
CALL
Thermo Fisher Scientific
TMO
$231B
| $69.3M | 0.02% |
191,300
-101,500
| -35% | -$34M |
|
653
CALL
Stanley Black & Decker
SWK
$14.9B
| $69.2M | 0.02% |
496,700
+177,800
| +56% | +$21.5M |
|
654
PUT
Halliburton
HAL
$28.8B
| $69M | 0.02% |
5,313,600
-1,450,700
| -21% | -$15.6M |
|
655
CALL
Yum! Brands
YUM
$42.9B
| $68.9M | 0.02% |
793,000
+160,200
| +25% | +$13.7M |
|
656
CALL
International Paper
IP
$21.7B
| $68.5M | 0.02% |
2,054,765
-341,405
| -14% | -$10.9M |
|
657
CALL
S&P Global
SPGI
$128B
| $68.5M | 0.02% |
207,900
+4,200
| +2% | +$1.26M |
|
658
CALL
Corpay
CPAY
$27.3B
| $68.4M | 0.02% |
272,100
+88,300
| +48% | +$21M |
|
659
PUT
MSCI
MSCI
$41.6B
| $68.4M | 0.02% |
204,900
+117,200
| +134% | +$37.9M |
|
660
CALL
Travelers Companies
TRV
$77.3B
| $68.3M | 0.02% |
598,900
+121,500
| +25% | +$12.8M |
|
|
IRBT
661
CALL
DELISTED
iRobot
IRBT
| $68M | 0.02% |
811,000
-476,800
| -37% | -$31.4M |
|
662
Bausch Health
BHC
$2.46B
| $67.6M | 0.02% |
3,696,651
+2,854,336
| +339% | +$50.3M |
|
663
United Airlines
UAL
$37B
| $67.6M | 0.02% |
1,953,521
+1,809,181
| +1,253% | +$54.2M |
|
664
Wayfair
W
$14.2B
| $67.4M | 0.02% |
341,228
+223,665
| +190% | +$33.5M |
|
665
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.29B
| $67.4M | 0.02% |
2,461,800
+1,857,600
| +307% | +$42.3M |
|
666
Kraft Heinz
KHC
$30.5B
| $67.3M | 0.02% |
2,111,246
-3,046,014
| -59% | -$91.5M |
|
667
CrowdStrike
CRWD
$194B
| $67.3M | 0.02% |
2,682,404
+1,549,536
| +137% | +$31.1M |
|
668
CALL
Emerson Electric
EMR
$87.7B
| $67.2M | 0.02% |
1,084,100
-157,700
| -13% | -$8.96M |
|
669
PUT
Becton Dickinson
BDX
$52B
| $67.2M | 0.02% |
288,025
-128,228
| -31% | -$30.9M |
|
670
PUT
Zoetis
ZTS
$31.9B
| $67.2M | 0.02% |
490,500
-124,300
| -20% | -$16.2M |
|
671
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$667M
| $67.2M | 0.02% |
608,900
+483,650
| +386% | +$40.7M |
|
672
CALL
DuPont de Nemours
DD
$18.4B
| $66.9M | 0.02% |
1,003,561
-1,066,976
| -52% | -$62.3M |
|
673
PUT
General Dynamics
GD
$103B
| $66.8M | 0.02% |
446,700
-203,500
| -31% | -$28.7M |
|
674
PUT
Take-Two Interactive
TTWO
$44B
| $66.3M | 0.02% |
475,200
+146,900
| +45% | +$19.2M |
|
675
PUT
Tyson Foods
TSN
$20.4B
| $66.2M | 0.02% |
1,108,300
-87,500
| -7% | -$5.3M |
|
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.