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 | |
|---|---|---|---|---|---|---|
726
CALL
C.H. Robinson
CHRW
$16.7B
| $41.9M | 0.01% |
633,600
+231,200
| +57% | +$16.6M |
|
727
CALL
Advance Auto Parts
AAP
$2.58B
| $41.8M | 0.01% |
447,600
+225,700
| +102% | +$29.2M |
|
|
STMP
728
CALL
DELISTED
Stamps.com, Inc.
STMP
| $41.6M | 0.01% |
319,700
-38,300
| -11% | -$4.01M |
|
|
PARA
729
CALL
DELISTED
Paramount Global Class B
PARA
| $41.3M | 0.01% |
2,944,600
+559,600
| +23% | +$16M |
|
730
PUT
Prudential Financial
PRU
$42.1B
| $41.2M | 0.01% |
790,300
-23,100
| -3% | -$1.84M |
|
731
CALL
Vanguard S&P 500 ETF
VOO
$1.02T
| $41.1M | 0.01% |
173,400
+106,100
| +158% | +$29.7M |
|
732
PUT
Automatic Data Processing
ADP
$112B
| $40.9M | 0.01% |
299,200
+12,200
| +4% | +$1.97M |
|
733
PUT
Emerson Electric
EMR
$87.7B
| $40.9M | 0.01% |
857,600
+531,900
| +163% | +$35M |
|
734
CALL
Crown Castle
CCI
$32.5B
| $40.8M | 0.01% |
275,800
+195,200
| +242% | +$29.1M |
|
735
Target
TGT
$76.9B
| $40.7M | 0.01% |
438,270
+259,658
| +145% | +$28.8M |
|
736
PUT
Dollar Tree
DLTR
$26B
| $40.7M | 0.01% |
553,300
-856,000
| -61% | -$72.9M |
|
737
CALL
AB InBev
BUD
$156B
| $40.6M | 0.01% |
920,600
-292,000
| -24% | -$19.1M |
|
738
CALL
Dell
DELL
$281B
| $40.6M | 0.01% |
2,024,890
-2,220,809
| -52% | -$51.2M |
|
739
CALL
Archer Daniels Midland
ADM
$37.6B
| $40.5M | 0.01% |
1,151,200
-322,800
| -22% | -$13.2M |
|
740
CALL
Microchip Technology
MCHP
$40.2B
| $40.5M | 0.01% |
1,193,400
+40,400
| +4% | +$1.9M |
|
741
PUT
eBay
EBAY
$47.5B
| $40.4M | 0.01% |
1,344,600
-392,000
| -23% | -$13.7M |
|
742
CoStar Group
CSGP
$13.3B
| $40.4M | 0.01% |
687,870
+303,210
| +79% | +$19.8M |
|
743
PUT
ConocoPhillips
COP
$160B
| $40.3M | 0.01% |
1,310,000
+232,000
| +22% | +$11.8M |
|
744
CALL
Alnylam Pharmaceuticals
ALNY
$31.5B
| $40.3M | 0.01% |
370,400
+69,500
| +23% | +$8.02M |
|
745
CALL
Wayfair
W
$14.2B
| $40.3M | 0.01% |
754,100
-110,100
| -13% | -$8.43M |
|
746
CALL
Peloton Interactive
PTON
$2.35B
| $40.3M | 0.01% |
1,516,500
-215,900
| -12% | -$6M |
|
747
CALL
Freeport-McMoran
FCX
$111B
| $40.3M | 0.01% |
5,963,100
+525,800
| +10% | +$5.5M |
|
748
CALL
Moderna
MRNA
$55.8B
| $40.2M | 0.01% |
1,343,000
+1,149,600
| +594% | +$26.4M |
|
749
CALL
GSK
GSK
$103B
| $40.2M | 0.01% |
848,880
-414,800
| -33% | -$22.1M |
|
750
PUT
Capital One
COF
$133B
| $40.2M | 0.01% |
797,100
-455,700
| -36% | -$40.1M |
|
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.