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 | Miscellaneous | 91.84% |
| 2 | Technology | 1.62% |
| 3 | Communication Services | 1.38% |
| 4 | Financials | 1.25% |
| 5 | Consumer Discretionary | 1.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
8101
PUT
G-III Apparel Group
GIII
$1.41B
| $339K | ﹤0.01% |
25,500
-65,500
| -72% | -$723K |
|
8102
PUT
Jefferies Financial Group
JEF
$12.2B
| $339K | ﹤0.01% |
22,803
+11,925
| +110% | +$160K |
|
8103
CALL
Veracyte
VCYT
$3.48B
| $339K | ﹤0.01% |
13,100
-2,500
| -16% | -$62.3K |
|
8104
CALL
WSFS Financial
WSFS
$4B
| $339K | ﹤0.01% |
11,800
+2,200
| +23% | +$58.2K |
|
8105
PUT
Allison Transmission
ALSN
$10.4B
| $338K | ﹤0.01% |
9,200
-24,200
| -72% | -$867K |
|
8106
PUT
Associated Banc-Corp
ASB
$5.84B
| $338K | ﹤0.01% |
+24,700
| New | +$336K |
|
|
FPI
8107
CALL
Farmland Partners
FPI
$447M
| $338K | ﹤0.01% |
49,300
+500
| +1% | +$3.28K |
|
8108
ProShares Short Real Estate
REK
$11.9M
| $338K | ﹤0.01% |
+13,175
| New | +$362K |
|
|
EXPR
8109
CALL
DELISTED
Express, Inc.
EXPR
| $338K | ﹤0.01% |
10,990
-3,555
| -24% | -$131K |
|
8110
PUT
Duluth Holdings
DLTH
$140M
| $337K | ﹤0.01% |
45,700
+6,300
| +16% | +$32.2K |
|
8111
RGC Resources
RGCO
$226M
| $337K | ﹤0.01% |
13,948
-26,201
| -65% | -$666K |
|
8112
CALL
iShares MSCI Turkey ETF
TUR
$225M
| $337K | ﹤0.01% |
14,500
-496,400
| -97% | -$10.4M |
|
|
NAV
8113
DELISTED
Navistar International
NAV
| $337K | ﹤0.01% |
11,960
-2,407
| -17% | -$57.1K |
|
8114
Anfield Universal Fixed Income ETF
AFIF
$227M
| $336K | ﹤0.01% |
34,219
-69,840
| -67% | -$684K |
|
8115
PUT
Barnes & Noble Education
BNED
$415M
| $336K | ﹤0.01% |
2,103
-1,520
| -42% | -$247K |
|
8116
CALL
State Street SPDR S&P China ETF
GXC
$474M
| $336K | ﹤0.01% |
3,200
-2,300
| -42% | -$226K |
|
8117
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.39B
| – | – |
0
| – | – |
|
8118
State Street SPDR S&P Pharmaceuticals ETF
XPH
$549M
| $336K | ﹤0.01% |
7,813
-7,400
| -49% | -$306K |
|
|
MYOV
8119
CALL
DELISTED
Myovant Sciences Ltd.
MYOV
| $336K | ﹤0.01% |
+16,300
| New | +$222K |
|
|
OBAS
8120
DELISTED
Optibase Ltd
OBAS
| $336K | ﹤0.01% |
+26,801
| New | +$298K |
|
8121
Maximus
MMS
$3.13B
| $335K | ﹤0.01% |
4,755
-13,497
| -74% | -$908K |
|
8122
Minerals Technologies
MTX
$2.24B
| $335K | ﹤0.01% |
7,141
-2,530
| -26% | -$111K |
|
8123
Murphy USA
MUSA
$9.25B
| $335K | ﹤0.01% |
2,972
-11,327
| -79% | -$1.24M |
|
8124
PUT
PAR Technology
PAR
$792M
| $335K | ﹤0.01% |
11,200
-30,100
| -73% | -$659K |
|
|
PCH
8125
DELISTED
PotlatchDeltic
PCH
| $335K | ﹤0.01% |
8,817
-10,268
| -54% | -$347K |
|
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 Miscellaneous at 92% of assets, down from 92% a quarter earlier, followed by Technology and Communication Services.
- 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.