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 |
Apple
AAPL
|
+$2.66B |
| 2 |
Amazon
AMZN
|
+$421M |
| 3 |
Citigroup
C
|
+$386M |
| 4 |
Wells Fargo
WFC
|
+$288M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$287M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$3.18B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.45B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$1.45B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$533M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$503M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.99% |
| 2 | Consumer Discretionary | 1.08% |
| 3 | Financials | 1% |
| 4 | Communication Services | 0.82% |
| 5 | Healthcare | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
PUT
AGNC Investment
AGNC
$12.9B
| $59.6M | 0.01% |
4,282,200
+2,345,400
| +121% | +$32.3M |
|
777
CALL
iShares Russell 2000 Growth ETF
IWO
$15B
| $59.2M | 0.01% |
267,100
+143,400
| +116% | +$31.4M |
|
|
BBBY
778
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $59.1M | 0.01% |
3,947,400
+1,112,800
| +39% | +$12.9M |
|
779
CALL
Marathon Petroleum
MPC
$101B
| $59M | 0.01% |
2,010,800
-527,600
| -21% | -$18.5M |
|
780
CALL
Cummins
CMI
$78.8B
| $58.7M | 0.01% |
278,100
-164,400
| -37% | -$32.8M |
|
781
United Airlines
UAL
$37.1B
| $58.3M | 0.01% |
1,679,062
-274,459
| -14% | -$9.49M |
|
782
Vale
VALE
$64.2B
| $58.3M | 0.01% |
5,509,560
-511,072
| -8% | -$5.74M |
|
783
CALL
ConocoPhillips
COP
$159B
| $58.3M | 0.01% |
1,774,800
-152,200
| -8% | -$5.77M |
|
|
SFIX
784
PUT
Stitch Fix
SFIX
$434M
| $58.2M | 0.01% |
2,144,100
+922,600
| +76% | +$23.7M |
|
785
CALL
Shake Shack
SHAK
$3.03B
| $58.1M | 0.01% |
901,500
-28,600
| -3% | -$1.66M |
|
786
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $58.1M | 0.01% |
1,077,500
+776,300
| +258% | +$39.3M |
|
787
Lyft
LYFT
$6.72B
| $58M | 0.01% |
2,106,844
+436,096
| +26% | +$13M |
|
788
PUT
Cloudflare
NET
$99.8B
| $58M | 0.01% |
1,413,600
+693,100
| +96% | +$26.5M |
|
789
PUT
CSX Corp
CSX
$95.8B
| $57.9M | 0.01% |
2,235,000
+466,500
| +26% | +$11.5M |
|
790
Kohl's
KSS
$1.99B
| $57.7M | 0.01% |
3,115,520
+1,555,258
| +100% | +$32.9M |
|
791
Ford
F
$55.4B
| $57.6M | 0.01% |
8,647,718
-4,793,543
| -36% | -$32.5M |
|
|
LNW
792
CALL
DELISTED
Light & Wonder
LNW
| $57.5M | 0.01% |
1,648,000
+125,800
| +8% | +$2.7M |
|
793
Ulta Beauty
ULTA
$22.8B
| $57.3M | 0.01% |
256,018
-136,350
| -35% | -$29.3M |
|
794
CALL
Hershey
HSY
$37.6B
| $57.3M | 0.01% |
399,400
-20,800
| -5% | -$2.95M |
|
|
NBIS
795
CALL
Nebius Group N.V.
NBIS
$59.2B
| $57.2M | 0.01% |
877,200
+143,000
| +19% | +$8.52M |
|
796
PUT
Whirlpool
WHR
$2.61B
| $57.2M | 0.01% |
310,800
-1,600
| -0.5% | -$266K |
|
|
TWTR
797
DELISTED
Twitter, Inc.
TWTR
| $56.9M | 0.01% |
1,278,126
-1,570,141
| -55% | -$60.3M |
|
798
PUT
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.86B
| $56.9M | 0.01% |
736,800
+323,700
| +78% | +$24.7M |
|
799
Novavax
NVAX
$1.55B
| $56.8M | 0.01% |
524,084
+387,417
| +283% | +$47.2M |
|
800
PUT
HubSpot
HUBS
$12B
| $56.4M | 0.01% |
193,000
-40,400
| -17% | -$10.6M |
|
Similar funds
Jeff Yass's Q3 2020 Portfolio in Review
As of Q3 2020, Jeff Yass held 11,604 positions worth $522B, up 26% from $415B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Jeff Yass deployed $36.2B of net new capital in Q3 2020, opening 1,567 new positions and adding to 4,405 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $3.18B trimmed.
- Jeff Yass's largest Q3 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
- Jeff Yass added most to Apple in Q3 2020, an estimated $2.66B increase.
- Jeff Yass's biggest Q3 2020 reduction was Invesco QQQ Trust, cutting an estimated $3.18B.
- Jeff Yass fully exited Vanguard Short-Term Corporate Bond ETF in Q3 2020, selling an estimated $34.1M.
- Jeff Yass's ten largest holdings make up 34% of its $522B portfolio in Q3 2020.
- Jeff Yass opened 1,567 new positions and closed 1,138 in Q3 2020.
- Jeff Yass's portfolio value rose 26% quarter-over-quarter to $522B.
Based on Susquehanna International Group's 13F filing for Q3 2020, filed 16 Nov 2020.