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 | |
|---|---|---|---|---|---|---|
726
CALL
PNC Financial Services
PNC
$97.2B
| $60M | 0.01% |
570,400
+107,500
| +23% | +$11.3M |
|
727
PUT
Vanguard S&P 500 ETF
VOO
$1.02T
| $59.9M | 0.01% |
211,500
+11,800
| +6% | +$3.18M |
|
728
CALL
Pinterest
PINS
$13.3B
| $59.8M | 0.01% |
2,695,800
-442,300
| -14% | -$8.63M |
|
729
Halliburton
HAL
$28.9B
| $59.7M | 0.01% |
4,597,247
-774,586
| -14% | -$8.35M |
|
|
DISH
730
CALL
DELISTED
DISH Network Corp.
DISH
| $59.5M | 0.01% |
1,724,700
+1,169,400
| +211% | +$32.5M |
|
731
Virgin Galactic
SPCE
$455M
| $59.3M | 0.01% |
181,477
+158,648
| +695% | +$52.1M |
|
|
732
PUT
Pinterest
PINS
$13.3B
| $59.3M | 0.01% |
2,674,900
-411,700
| -13% | -$8.04M |
|
733
PUT
Dominion Energy
D
$58.6B
| $59.1M | 0.01% |
727,500
+210,600
| +41% | +$16.9M |
|
734
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $58.9M | 0.01% |
1,478,800
-140,700
| -9% | -$5.21M |
|
735
CALL
D.R. Horton
DHI
$41.7B
| $58.7M | 0.01% |
1,058,900
-105,400
| -9% | -$5.11M |
|
736
PUT
S&P Global
SPGI
$128B
| $58.6M | 0.01% |
177,900
+47,300
| +36% | +$14.2M |
|
737
CALL
Crown Castle
CCI
$32.5B
| $58.5M | 0.01% |
349,600
+73,800
| +27% | +$11.9M |
|
738
Oracle
ORCL
$410B
| $58.5M | 0.01% |
1,058,220
+364,190
| +52% | +$19.3M |
|
739
Global Payments
GPN
$25B
| $58.5M | 0.01% |
344,726
+325,986
| +1,740% | +$54.3M |
|
740
PUT
Thermo Fisher Scientific
TMO
$232B
| $58.4M | 0.01% |
161,300
-138,800
| -46% | -$46.5M |
|
741
Bristol-Myers Squibb
BMY
$137B
| $58.3M | 0.01% |
990,858
-377,351
| -28% | -$22.6M |
|
|
IMMU
742
CALL
DELISTED
Immunomedics Inc
IMMU
| $58.3M | 0.01% |
1,643,800
+1,074,200
| +189% | +$31.4M |
|
743
PUT
Martin Marietta Materials
MLM
$32B
| $58.1M | 0.01% |
281,300
+15,100
| +6% | +$2.9M |
|
744
CALL
Universal Display
OLED
$3.89B
| $57.9M | 0.01% |
387,000
-110,600
| -22% | -$16.2M |
|
|
X
745
PUT
DELISTED
US Steel
X
| $57.8M | 0.01% |
8,009,700
-1,792,500
| -18% | -$14M |
|
746
CALL
General Dynamics
GD
$104B
| $57.8M | 0.01% |
386,700
-215,100
| -36% | -$30.4M |
|
747
CALL
New Oriental
EDU
$8.97B
| $57.8M | 0.01% |
443,500
+99,800
| +29% | +$12.2M |
|
|
WBA
748
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $57.5M | 0.01% |
1,356,200
-1,172,600
| -46% | -$49.8M |
|
749
CALL
AB InBev
BUD
$156B
| $57.4M | 0.01% |
1,164,600
+244,000
| +27% | +$11.4M |
|
750
PUT
QuidelOrtho
QDEL
$994M
| $57.4M | 0.01% |
256,600
+190,900
| +291% | +$29.9M |
|
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.