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 | |
|---|---|---|---|---|---|---|
776
CALL
Global Payments
GPN
$24.9B
| $39M | 0.01% |
270,400
-431,400
| -61% | -$78.8M |
|
|
AMTD
777
DELISTED
TD Ameritrade Holding Corp
AMTD
| $39M | 0.01% |
1,123,896
+274,693
| +32% | +$12M |
|
778
PUT
Take-Two Interactive
TTWO
$43.7B
| $38.9M | 0.01% |
328,300
-525,000
| -62% | -$62.1M |
|
779
CALL
Petrobras
PBR
$120B
| $38.8M | 0.01% |
7,060,100
+2,754,800
| +64% | +$32.9M |
|
780
CALL
Ferrari
RACE
$74.6B
| $38.8M | 0.01% |
254,400
-327,800
| -56% | -$52.9M |
|
781
CALL
Phillips 66
PSX
$96.6B
| $38.7M | 0.01% |
722,000
+46,900
| +7% | +$3.82M |
|
782
CALL
Viatris
VTRS
$19B
| $38.5M | 0.01% |
2,584,000
-1,113,100
| -30% | -$21.3M |
|
783
CALL
iShares MSCI South Korea ETF
EWY
$27B
| $38.4M | 0.01% |
817,900
+147,400
| +22% | +$8.29M |
|
784
CALL
Autodesk
ADSK
$53.7B
| $38.4M | 0.01% |
245,800
-152,200
| -38% | -$27.9M |
|
785
CALL
Labcorp
LH
$27.5B
| $38.4M | 0.01% |
353,274
+198,578
| +128% | +$28.6M |
|
786
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
| $38.3M | 0.01% |
293,100
-132,800
| -31% | -$20.5M |
|
787
CALL
Synopsys
SNPS
$75.6B
| $38.2M | 0.01% |
296,600
+174,800
| +144% | +$24.9M |
|
788
CALL
Copart
CPRT
$30.8B
| $38.1M | 0.01% |
2,226,800
+1,437,600
| +182% | +$32M |
|
789
Cboe Global Markets
CBOE
$32.2B
| $37.8M | 0.01% |
423,919
+328,060
| +342% | +$36.7M |
|
790
PUT
CSX Corp
CSX
$95.3B
| $37.8M | 0.01% |
1,980,300
-1,442,700
| -42% | -$33.7M |
|
791
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $37.7M | 0.01% |
448,786
+428,113
| +2,071% | +$45.5M |
|
792
CALL
Diageo
DEO
$53.4B
| $37.7M | 0.01% |
296,600
+79,100
| +36% | +$11.9M |
|
793
CALL
ProShares UltraShort S&P500
SDS
$399M
| $37.6M | 0.01% |
49,440
-35,104
| -42% | -$23.9M |
|
794
CALL
L3Harris
LHX
$48.9B
| $37.6M | 0.01% |
208,600
+45,800
| +28% | +$9.39M |
|
795
CALL
iShares Core US Aggregate Bond ETF
AGG
$138B
| $37.4M | 0.01% |
324,300
+283,200
| +689% | +$32.3M |
|
796
PUT
Dominion Energy
D
$58.6B
| $37.3M | 0.01% |
516,900
+403,900
| +357% | +$33M |
|
797
CALL
New Oriental
EDU
$8.97B
| $37.2M | 0.01% |
343,700
+266,300
| +344% | +$34.2M |
|
|
RDS.A
798
PUT
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $37M | 0.01% |
1,061,400
+540,400
| +104% | +$25.2M |
|
799
CALL
Apollo Global Management
APO
$78.4B
| $37M | 0.01% |
1,103,000
-116,300
| -10% | -$4.99M |
|
800
PUT
Check Point Software Technologies
CHKP
$13.3B
| $36.9M | 0.01% |
367,500
+236,500
| +181% | +$25.3M |
|
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.