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 | |
|---|---|---|---|---|---|---|
751
PUT
Alerian MLP ETF
AMLP
$13.3B
| $57.4M | 0.01% |
2,326,100
+1,819,280
| +359% | +$44.6M |
|
752
PUT
Bilibili
BILI
$6.91B
| $57.4M | 0.01% |
1,239,100
+575,400
| +87% | +$18.7M |
|
753
CVS Health
CVS
$120B
| $57.4M | 0.01% |
882,895
-20,315
| -2% | -$1.28M |
|
754
CALL
Dollar Tree
DLTR
$26.3B
| $57.2M | 0.01% |
617,600
+84,200
| +16% | +$7.02M |
|
755
PUT
Sherwin-Williams
SHW
$84.2B
| $57M | 0.01% |
296,100
-54,600
| -16% | -$9.84M |
|
756
PUT
AB InBev
BUD
$156B
| $57M | 0.01% |
1,155,700
+388,600
| +51% | +$18.2M |
|
757
QuidelOrtho
QDEL
$994M
| $56.8M | 0.01% |
253,883
+187,377
| +282% | +$29.4M |
|
758
CALL
Royal Bank of Canada
RY
$284B
| $56.4M | 0.01% |
832,000
+303,000
| +57% | +$19.3M |
|
759
CALL
Gaotu Techedu
GOTU
$403M
| $56.3M | 0.01% |
939,100
+819,600
| +686% | +$32.5M |
|
760
CALL
Simon Property Group
SPG
$71.4B
| $56.2M | 0.01% |
822,600
-207,700
| -20% | -$13M |
|
761
PUT
Sempra
SRE
$55.3B
| $56.1M | 0.01% |
956,400
+714,800
| +296% | +$43.9M |
|
762
PUT
AstraZeneca
AZN
$259B
| $55.9M | 0.01% |
528,800
+215,950
| +69% | +$22.3M |
|
763
CALL
iQIYI
IQ
$975M
| $55.8M | 0.01% |
2,404,400
+1,212,400
| +102% | +$22.5M |
|
764
CALL
Stryker
SYK
$126B
| $55.7M | 0.01% |
309,300
-46,600
| -13% | -$8.6M |
|
|
RDS.A
765
CALL
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $55.7M | 0.01% |
1,704,700
+560,400
| +49% | +$19.2M |
|
766
PUT
Datadog
DDOG
$81.1B
| $55.6M | 0.01% |
639,600
+277,700
| +77% | +$16.9M |
|
767
Target
TGT
$77.2B
| $55.6M | 0.01% |
463,373
+25,103
| +6% | +$2.87M |
|
768
PUT
Kroger
KR
$36.2B
| $55.5M | 0.01% |
1,640,400
+24,800
| +2% | +$804K |
|
769
PUT
Energy Transfer Partners
ET
$72.6B
| $55.5M | 0.01% |
7,795,200
+1,958,400
| +34% | +$14.5M |
|
770
CALL
Advance Auto Parts
AAP
$2.63B
| $55.4M | 0.01% |
388,700
-58,900
| -13% | -$7.49M |
|
771
AT&T
T
$176B
| $55.3M | 0.01% |
2,422,613
+1,196,581
| +98% | +$27.3M |
|
772
Twilio
TWLO
$34.2B
| $55.3M | 0.01% |
252,078
-28,522
| -10% | -$4.58M |
|
773
PUT
Automatic Data Processing
ADP
$112B
| $55.2M | 0.01% |
370,900
+71,700
| +24% | +$10.3M |
|
774
Lyft
LYFT
$6.69B
| $55.2M | 0.01% |
1,670,748
+955,806
| +134% | +$30.2M |
|
775
PUT
iShares MSCI South Korea ETF
EWY
$27B
| $55.1M | 0.01% |
964,500
-247,700
| -20% | -$13.1M |
|
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.