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 | |
|---|---|---|---|---|---|---|
801
PUT
Peloton Interactive
PTON
$2.35B
| $36.9M | 0.01% |
1,390,700
-509,600
| -27% | -$14.2M |
|
802
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.4B
| $36.8M | 0.01% |
5,829,000
-579,000
| -9% | -$8.75M |
|
803
Halliburton
HAL
$28.9B
| $36.8M | 0.01% |
5,371,833
+2,686,546
| +100% | +$46.8M |
|
804
PUT
Carvana
CVNA
$79.5B
| $36.7M | 0.01% |
3,334,000
+1,389,000
| +71% | +$21.5M |
|
805
PUT
Simon Property Group
SPG
$71.4B
| $36.7M | 0.01% |
669,200
+76,800
| +13% | +$9.18M |
|
|
LSXMK
806
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $36.7M | 0.01% |
1,524,144
-69,796
| -4% | -$2.34M |
|
807
Pinduoduo
PDD
$124B
| $36.5M | 0.01% |
1,014,181
+768,212
| +312% | +$28M |
|
808
PUT
Enbridge
ENB
$109B
| $36.5M | 0.01% |
1,253,700
+838,600
| +202% | +$31.1M |
|
809
PUT
iShares Core S&P 500 ETF
IVV
$891B
| $36.4M | 0.01% |
141,000
+73,500
| +109% | +$22.5M |
|
810
Invesco FTSE RAFI US 1000 ETF
PRF
$10.1B
| $36.4M | 0.01% |
1,970,430
+1,718,680
| +683% | +$39.9M |
|
|
XIFR
811
CALL
XPLR Infrastructure LP
XIFR
$1.06B
| $36.4M | 0.01% |
847,000
+694,900
| +457% | +$36.8M |
|
812
PUT
Gen Digital
GEN
$17.4B
| $36.4M | 0.01% |
1,946,000
-21,100
| -1% | -$456K |
|
813
PUT
Etsy
ETSY
$7.99B
| $36.4M | 0.01% |
946,100
+82,400
| +10% | +$4.02M |
|
814
CALL
ProShares Ultra S&P500
SSO
$8.36B
| $36.4M | 0.01% |
3,272,000
+1,596,000
| +95% | +$27M |
|
815
CALL
Tilray
TLRY
$649M
| $36.3M | 0.01% |
528,190
+314,500
| +147% | +$43.9M |
|
816
CALL
Burlington
BURL
$20.8B
| $36.3M | 0.01% |
228,900
+43,800
| +24% | +$9.22M |
|
817
PUT
Lumen
LUMN
$5.85B
| $36.3M | 0.01% |
3,832,100
-562,400
| -13% | -$7.03M |
|
818
PUT
Kinder Morgan
KMI
$69B
| $36.2M | 0.01% |
2,601,100
-354,500
| -12% | -$6.75M |
|
819
CALL
HSBC
HSBC
$357B
| $36.1M | 0.01% |
1,290,200
-364,800
| -22% | -$12.7M |
|
820
PUT
Enterprise Products Partners
EPD
$82.8B
| $36.1M | 0.01% |
2,525,500
+922,300
| +58% | +$21.4M |
|
821
CALL
Carnival Corporation Ltd
CCL
$35.2B
| $36M | 0.01% |
2,734,000
+1,985,200
| +265% | +$70.6M |
|
|
FAZ
822
CALL
Direxion Daily Financial Bear 3x ETF
FAZ
$87.4M
| $35.9M | 0.01% |
11,830
+5,711
| +93% | +$15.3M |
|
823
Merck
MRK
$372B
| $35.8M | 0.01% |
487,369
-291,075
| -37% | -$22.9M |
|
|
824
CALL
Gen Digital
GEN
$17.4B
| $35.6M | 0.01% |
1,903,600
+1,102,400
| +138% | +$23.8M |
|
825
PUT
Avis
CAR
$5.19B
| $35.6M | 0.01% |
2,561,200
+1,088,300
| +74% | +$32.6M |
|
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.