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 | |
|---|---|---|---|---|---|---|
676
CALL
HubSpot
HUBS
$12.2B
| $73.6M | 0.01% |
251,700
+25,500
| +11% | +$6.68M |
|
677
PUT
Honeywell
HON
$68.1B
| $73.5M | 0.01% |
473,524
-182,705
| -28% | -$27.1M |
|
678
Oracle
ORCL
$410B
| $73.5M | 0.01% |
1,230,430
+172,210
| +16% | +$9.78M |
|
679
PUT
Ferrari
RACE
$74.6B
| $73.5M | 0.01% |
399,000
-69,600
| -15% | -$12.9M |
|
680
CrowdStrike
CRWD
$194B
| $73.2M | 0.01% |
2,133,504
-548,900
| -20% | -$16M |
|
681
CALL
Mondelez International
MDLZ
$82.6B
| $73.2M | 0.01% |
1,274,000
-297,800
| -19% | -$16.6M |
|
682
PUT
Ford
F
$55.5B
| $73.1M | 0.01% |
10,973,500
-4,867,200
| -31% | -$33M |
|
683
CALL
Norwegian Cruise Line
NCLH
$7.91B
| $72.7M | 0.01% |
4,250,300
+1,464,000
| +53% | +$23.2M |
|
684
CALL
Clorox
CLX
$13B
| $72.7M | 0.01% |
345,800
-338,800
| -49% | -$75.4M |
|
685
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $72.3M | 0.01% |
2,271,200
+562,800
| +33% | +$17.5M |
|
686
CALL
RingCentral
RNG
$5.6B
| $72.1M | 0.01% |
262,500
-16,200
| -6% | -$4.5M |
|
687
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $72M | 0.01% |
234,100
+22,600
| +11% | +$6.88M |
|
688
PUT
HCA Healthcare
HCA
$92.9B
| $71.5M | 0.01% |
573,400
-46,900
| -8% | -$5.81M |
|
689
PUT
ConocoPhillips
COP
$160B
| $71.2M | 0.01% |
2,168,600
+1,056,800
| +95% | +$40M |
|
690
PUT
Snowflake
SNOW
$112B
| $71.1M | 0.01% |
+283,200
| New | +$67.4M |
|
691
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $71M | 0.01% |
+44,538
| New | +$79.1M |
|
692
PUT
Duke Energy
DUK
$95.1B
| $70.9M | 0.01% |
800,500
+135,000
| +20% | +$11.1M |
|
693
JD.com
JD
$39.4B
| $70.9M | 0.01% |
913,419
-826,261
| -47% | -$57.4M |
|
694
CALL
Dollar Tree
DLTR
$26.3B
| $70.7M | 0.01% |
774,500
+156,900
| +25% | +$14.8M |
|
695
PUT
Viatris
VTRS
$19B
| $70.6M | 0.01% |
4,763,900
+195,100
| +4% | +$3.12M |
|
696
CALL
Novartis
NVS
$300B
| $70.3M | 0.01% |
807,900
+82,100
| +11% | +$7.11M |
|
697
CALL
KLA
KLAC
$237B
| $70.2M | 0.01% |
3,621,000
+1,732,000
| +92% | +$34.2M |
|
|
DISH
698
CALL
DELISTED
DISH Network Corp.
DISH
| $69.9M | 0.01% |
2,408,200
+683,500
| +40% | +$22.6M |
|
699
PUT
Crown Castle
CCI
$32.5B
| $69.7M | 0.01% |
418,700
-41,500
| -9% | -$6.85M |
|
700
CALL
Northrop Grumman
NOC
$78B
| $69.5M | 0.01% |
220,400
-42,900
| -16% | -$14M |
|
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.