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 | |
|---|---|---|---|---|---|---|
776
Bilibili
BILI
$6.91B
| $55.1M | 0.01% |
1,189,263
+786,756
| +195% | +$25.5M |
|
777
ProShares Ultra Bloomberg Crude Oil
UCO
$401M
| $54.9M | 0.01% |
7,659,548
+7,497,394
| +4,624% | +$52.5M |
|
778
Dollar General
DG
$27.6B
| $54.9M | 0.01% |
287,974
+241,461
| +519% | +$43.7M |
|
779
iShares MSCI Brazil ETF
EWZ
$8.07B
| $54.6M | 0.01% |
1,897,101
-938,129
| -33% | -$24.6M |
|
780
CALL
Hershey
HSY
$38.2B
| $54.5M | 0.01% |
420,200
+120,800
| +40% | +$16.2M |
|
|
DFS
781
CALL
DELISTED
Discover Financial Services
DFS
| $54.4M | 0.01% |
1,086,000
+366,700
| +51% | +$16.1M |
|
|
GRUB
782
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $54.3M | 0.01% |
386,400
+254,200
| +192% | +$26.9M |
|
783
Southwest Airlines
LUV
$19.9B
| $54.3M | 0.01% |
1,588,168
+1,274,600
| +406% | +$40.5M |
|
784
CALL
TAL Education Group
TAL
$6.37B
| $54.2M | 0.01% |
792,500
+415,800
| +110% | +$23.8M |
|
|
EXAS
785
PUT
DELISTED
Exact Sciences
EXAS
| $54M | 0.01% |
621,200
-175,000
| -22% | -$14M |
|
|
786
PUT
TAL Education Group
TAL
$6.37B
| $54M | 0.01% |
789,500
+210,900
| +36% | +$12.1M |
|
787
CALL
Credit Acceptance
CACC
$6.26B
| $53.9M | 0.01% |
128,600
+11,800
| +10% | +$4.11M |
|
788
CALL
Equinix
EQIX
$104B
| $53.8M | 0.01% |
76,600
-15,400
| -17% | -$10.4M |
|
789
PUT
Macy's
M
$6.1B
| $53.7M | 0.01% |
7,810,900
+1,489,200
| +24% | +$9.17M |
|
790
PUT
eBay
EBAY
$47.7B
| $53.7M | 0.01% |
1,023,300
-321,300
| -24% | -$13.6M |
|
791
Medtronic
MDT
$119B
| $53.6M | 0.01% |
584,224
+557,036
| +2,049% | +$53.4M |
|
792
PUT
ProShares Ultra QQQ
QLD
$13.6B
| $53.3M | 0.01% |
2,888,000
+1,026,400
| +55% | +$15.7M |
|
793
CALL
Intercontinental Exchange
ICE
$91.5B
| $53.2M | 0.01% |
581,100
-75,800
| -12% | -$6.94M |
|
794
PUT
Duke Energy
DUK
$95.1B
| $53.2M | 0.01% |
665,500
+42,500
| +7% | +$3.59M |
|
795
CALL
Apollo Global Management
APO
$78.4B
| $52.8M | 0.01% |
1,057,400
-45,600
| -4% | -$2M |
|
|
XLNX
796
CALL
DELISTED
Xilinx Inc
XLNX
| $52.7M | 0.01% |
535,200
-127,400
| -19% | -$11.3M |
|
797
Lockheed Martin
LMT
$130B
| $52.6M | 0.01% |
144,109
-11,907
| -8% | -$4.5M |
|
798
NIO
NIO
$10.9B
| $52.4M | 0.01% |
6,783,326
+1,937,176
| +40% | +$8.51M |
|
799
PUT
HubSpot
HUBS
$12.2B
| $52.4M | 0.01% |
233,400
+27,500
| +13% | +$4.95M |
|
|
PPL
800
CALL
PPL Corp
PPL
$26.4B
| $52.3M | 0.01% |
2,025,600
-71,000
| -3% | -$1.85M |
|
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.