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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.39B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$565M |
| 3 |
Citigroup
C
|
+$429M |
| 4 |
United States Oil Fund
USO
|
+$386M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$946M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$771M |
| 3 |
Alibaba
BABA
|
+$626M |
| 4 |
Tesla
TSLA
|
+$505M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$421M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Communication Services | 1.39% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.94% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PXD
676
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $46.6M | 0.01% |
664,300
+181,500
| +38% | +$21.6M |
|
|
TVIX
677
DELISTED
VelocityShares Daily 2x VIX Short Term ETN
TVIX
| $46.5M | 0.01% |
148,514
+111,050
| +296% | +$17.6M |
|
678
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.9B
| $46.4M | 0.01% |
+1,938,299
| New | +$55.5M |
|
679
PUT
Halliburton
HAL
$28.7B
| $46.3M | 0.01% |
6,764,300
+2,337,800
| +53% | +$40.7M |
|
|
EXAS
680
PUT
DELISTED
Exact Sciences
EXAS
| $46.2M | 0.01% |
796,200
-816,400
| -51% | -$66.3M |
|
681
CALL
iShares Core S&P 500 ETF
IVV
$891B
| $46.1M | 0.01% |
178,400
+43,900
| +33% | +$13.5M |
|
682
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $46M | 0.01% |
1,093,000
+156,500
| +17% | +$7.4M |
|
683
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $46M | 0.01% |
426,500
-471,900
| -53% | -$54.3M |
|
684
PUT
EOG Resources
EOG
$78.5B
| $45.9M | 0.01% |
1,278,800
+320,300
| +33% | +$20.8M |
|
685
CALL
Ford
F
$55.6B
| $45.9M | 0.01% |
9,497,300
+580,900
| +7% | +$4.35M |
|
686
CALL
HCA Healthcare
HCA
$93.2B
| $45.8M | 0.01% |
509,900
+94,200
| +23% | +$12.2M |
|
687
CALL
Paychex
PAYX
$44.9B
| $45.8M | 0.01% |
727,800
-84,900
| -10% | -$6.78M |
|
688
CALL
Seagate
STX
$180B
| $45.7M | 0.01% |
936,400
-128,300
| -12% | -$6.85M |
|
689
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$682B
| $45.6M | 0.01% |
348,300
+224,400
| +181% | +$34.7M |
|
690
CALL
Zillow
Z
$8.26B
| $45.2M | 0.01% |
1,253,900
+334,900
| +36% | +$15.5M |
|
691
CALL
TotalEnergies
TTE
$198B
| $45M | 0.01% |
1,207,600
+607,900
| +101% | +$27.3M |
|
692
CALL
Cracker Barrel
CBRL
$1.29B
| $44.9M | 0.01% |
539,500
+239,700
| +80% | +$32.9M |
|
693
PUT
Boston Scientific
BSX
$71.2B
| $44.9M | 0.01% |
1,375,300
+747,400
| +119% | +$29.2M |
|
694
CALL
Darden Restaurants
DRI
$25.5B
| $44.8M | 0.01% |
823,400
+584,600
| +245% | +$56.9M |
|
695
Abbott
ABT
$202B
| $44.3M | 0.01% |
561,938
+38,048
| +7% | +$3.17M |
|
696
CALL
PNC Financial Services
PNC
$97B
| $44.3M | 0.01% |
462,900
-113,200
| -20% | -$15.2M |
|
|
AYX
697
DELISTED
Alteryx Inc
AYX
| $44.1M | 0.01% |
463,106
+125,396
| +37% | +$15.6M |
|
|
SCHW
698
CALL
Charles Schwab
SCHW
$196B
| $44.1M | 0.01% |
1,310,800
+30,100
| +2% | +$1.26M |
|
699
PUT
New Oriental
EDU
$9B
| $44M | 0.01% |
406,400
+182,900
| +82% | +$23.5M |
|
700
PUT
Weibo
WB
$1.73B
| $43.9M | 0.01% |
1,325,200
+352,200
| +36% | +$14.9M |
|
Similar funds
Jeff Yass's Q1 2020 Portfolio in Review
As of Q1 2020, Jeff Yass held 11,456 positions worth $314B, down 9.5% from $347B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass deployed $31.5B of net new capital in Q1 2020, opening 1,843 new positions and adding to 4,539 existing holdings. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.2% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Amazon, an estimated $946M trimmed.
- Jeff Yass's largest Q1 2020 buy was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.39B increase.
- Jeff Yass's biggest Q1 2020 reduction was Amazon, cutting an estimated $946M.
- Jeff Yass fully exited Medicines Co in Q1 2020, selling an estimated $92M.
- Jeff Yass's ten largest holdings make up 30% of its $314B portfolio in Q1 2020.
- Jeff Yass opened 1,843 new positions and closed 1,300 in Q1 2020.
- Jeff Yass's portfolio value fell 9.5% quarter-over-quarter to $314B.
Based on Susquehanna International Group's 13F filing for Q1 2020, filed 15 May 2020.