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 | |
|---|---|---|---|---|---|---|
651
PUT
Petrobras
PBR
$120B
| $78.4M | 0.02% |
11,017,700
-4,305,200
| -28% | -$36.6M |
|
652
PUT
Workhorse Group
WKHS
$34.1M
| $78.4M | 0.02% |
1,034
+618
| +149% | +$35.3M |
|
653
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $78.3M | 0.02% |
2,460,800
-782,600
| -24% | -$24.3M |
|
654
CALL
Bath & Body Works
BBWI
$3.86B
| $77.1M | 0.01% |
2,998,117
-833,862
| -22% | -$17M |
|
655
PUT
Yum! Brands
YUM
$42.9B
| $76.7M | 0.01% |
840,000
+15,800
| +2% | +$1.46M |
|
656
PUT
Hilton Worldwide
HLT
$74.3B
| $76.6M | 0.01% |
897,400
-83,400
| -9% | -$6.97M |
|
657
CALL
Wheaton Precious Metals
WPM
$72.8B
| $76.4M | 0.01% |
1,557,900
-111,400
| -7% | -$5.68M |
|
658
PUT
Capital One
COF
$133B
| $76.4M | 0.01% |
1,063,500
-444,300
| -29% | -$29.7M |
|
|
659
CALL
Yum! Brands
YUM
$42.9B
| $76.3M | 0.01% |
836,200
+43,200
| +5% | +$3.98M |
|
660
Virgin Galactic
SPCE
$455M
| $76.2M | 0.01% |
198,077
+16,600
| +9% | +$6.3M |
|
661
PUT
Hyliion Holdings
HYLN
$563M
| $76.2M | 0.01% |
+1,528,500
| New | +$50M |
|
662
CALL
Waste Management
WM
$90.5B
| $76.1M | 0.01% |
672,600
+322,700
| +92% | +$35.7M |
|
663
PUT
Bilibili
BILI
$6.91B
| $75.9M | 0.01% |
1,823,700
+584,600
| +47% | +$25.8M |
|
664
PUT
PENN Entertainment
PENN
$2.45B
| $75.6M | 0.01% |
1,039,400
+319,700
| +44% | +$15.7M |
|
665
CALL
MetLife
MET
$61.1B
| $75.5M | 0.01% |
2,031,700
+57,700
| +3% | +$2.19M |
|
666
Dollar General
DG
$27.6B
| $75.4M | 0.01% |
359,801
+71,827
| +25% | +$14.1M |
|
|
XLNX
667
CALL
DELISTED
Xilinx Inc
XLNX
| $75.4M | 0.01% |
723,200
+188,000
| +35% | +$19.3M |
|
668
PUT
Norwegian Cruise Line
NCLH
$7.91B
| $75.2M | 0.01% |
4,397,100
-1,811,800
| -29% | -$28.7M |
|
669
PUT
KraneShares CSI China Internet ETF
KWEB
$5.18B
| $75M | 0.01% |
1,100,200
-384,500
| -26% | -$26.1M |
|
|
670
PUT
Dollar General
DG
$27.6B
| $74.9M | 0.01% |
357,500
-222,000
| -38% | -$43.7M |
|
671
PUT
Dell
DELL
$280B
| $74.8M | 0.01% |
2,181,349
-624,257
| -22% | -$19.5M |
|
672
PUT
Enphase Energy
ENPH
$4.91B
| $74.8M | 0.01% |
905,400
-769,800
| -46% | -$51.6M |
|
673
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $74.6M | 0.01% |
1,384,000
+801,700
| +138% | +$40.5M |
|
674
PUT
Boston Scientific
BSX
$71B
| $74.4M | 0.01% |
1,947,300
-733,700
| -27% | -$28.3M |
|
675
PUT
Arista Networks
ANET
$237B
| $74.2M | 0.01% |
5,736,000
+811,200
| +16% | +$11.1M |
|
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.