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 | |
|---|---|---|---|---|---|---|
|
KSU
676
CALL
DELISTED
Kansas City Southern
KSU
| $66.2M | 0.02% |
443,100
+197,800
| +81% | +$27.8M |
|
677
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $66.1M | 0.02% |
227,800
-48,100
| -17% | -$13M |
|
678
PUT
Boston Beer
SAM
$1.94B
| $65.8M | 0.02% |
122,600
+69,600
| +131% | +$33.7M |
|
679
DexCom
DXCM
$34.6B
| $65.8M | 0.02% |
648,800
+186,020
| +40% | +$16.6M |
|
680
PUT
Norfolk Southern
NSC
$79B
| $65.7M | 0.02% |
374,000
+14,400
| +4% | +$2.44M |
|
|
DISH
681
PUT
DELISTED
DISH Network Corp.
DISH
| $65.6M | 0.02% |
1,901,600
+539,900
| +40% | +$15M |
|
682
PUT
Zillow
Z
$8.3B
| $65.6M | 0.02% |
1,138,500
+346,200
| +44% | +$17.2M |
|
683
Mondelez International
MDLZ
$82.5B
| $65.4M | 0.02% |
1,278,584
+977,852
| +325% | +$50.2M |
|
684
Regeneron Pharmaceuticals
REGN
$85.2B
| $65M | 0.02% |
104,300
+69,067
| +196% | +$39.2M |
|
685
PUT
Intuit
INTU
$102B
| $65M | 0.02% |
219,600
-193,900
| -47% | -$53.2M |
|
686
CALL
Ford
F
$55.5B
| $64.9M | 0.02% |
10,666,500
+1,169,200
| +12% | +$6.48M |
|
687
PUT
PNC Financial Services
PNC
$97.3B
| $64.8M | 0.02% |
616,000
+353,900
| +135% | +$37.3M |
|
688
CALL
Rio Tinto
RIO
$170B
| $64.8M | 0.02% |
1,153,400
-205,200
| -15% | -$10.4M |
|
689
PUT
Arista Networks
ANET
$237B
| $64.6M | 0.02% |
4,924,800
-2,478,400
| -33% | -$33.5M |
|
690
CALL
Las Vegas Sands
LVS
$30.4B
| $64.2M | 0.02% |
1,410,700
-737,100
| -34% | -$34.6M |
|
|
PXD
691
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $64.2M | 0.02% |
656,800
-7,500
| -1% | -$661K |
|
|
692
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $63.6M | 0.02% |
219,200
-110,900
| -34% | -$30.1M |
|
693
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.43B
| $63.4M | 0.02% |
2,026,500
+1,197,700
| +145% | +$35.4M |
|
694
CALL
Novartis
NVS
$300B
| $63.4M | 0.02% |
725,800
+118,300
| +19% | +$10.2M |
|
695
PUT
NIO
NIO
$10.9B
| $63.2M | 0.02% |
8,188,700
-3,523,500
| -30% | -$15.5M |
|
696
Skyworks Solutions
SWKS
$10B
| $63.2M | 0.02% |
494,189
+205,442
| +71% | +$22.8M |
|
697
FedEx
FDX
$77.8B
| $63.1M | 0.02% |
450,232
-553,601
| -55% | -$69.6M |
|
698
Comcast
CMCSA
$96.2B
| $62.9M | 0.02% |
1,613,141
+709,653
| +79% | +$27M |
|
699
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $62.7M | 0.02% |
469,400
+217,100
| +86% | +$28.9M |
|
|
CGC
700
CALL
Canopy Growth
CGC
$476M
| $62.3M | 0.02% |
385,660
-202,290
| -34% | -$32.7M |
|
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.