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 | |
|---|---|---|---|---|---|---|
801
CALL
Automatic Data Processing
ADP
$112B
| $56.3M | 0.01% |
403,800
-66,700
| -14% | -$9.35M |
|
802
CALL
Ambarella
AMBA
$3.06B
| $56.2M | 0.01% |
1,077,800
+24,500
| +2% | +$1.18M |
|
803
PUT
General Mills
GIS
$21.6B
| $56.2M | 0.01% |
911,300
-324,900
| -26% | -$20.3M |
|
804
PUT
Take-Two Interactive
TTWO
$43.8B
| $56M | 0.01% |
338,700
-136,500
| -29% | -$22.2M |
|
805
Bausch Health
BHC
$2.43B
| $55.8M | 0.01% |
3,590,134
-106,517
| -3% | -$1.83M |
|
806
Peloton Interactive
PTON
$2.38B
| $55.5M | 0.01% |
559,214
-247,099
| -31% | -$18.2M |
|
807
PUT
iShares Russell 2000 Growth ETF
IWO
$15B
| $55.5M | 0.01% |
250,400
-153,000
| -38% | -$33.5M |
|
808
PUT
Equinix
EQIX
$107B
| $55.4M | 0.01% |
72,900
-28,400
| -28% | -$21.5M |
|
|
XLNX
809
DELISTED
Xilinx Inc
XLNX
| $55.3M | 0.01% |
530,358
-393,383
| -43% | -$40.4M |
|
810
PUT
Vertex Pharmaceuticals
VRTX
$140B
| $55M | 0.01% |
202,000
-25,800
| -11% | -$7.12M |
|
811
PUT
McKesson
MCK
$103B
| $54.8M | 0.01% |
368,100
+68,600
| +23% | +$10.4M |
|
812
PUT
Becton Dickinson
BDX
$51.3B
| $54.7M | 0.01% |
240,978
-47,047
| -16% | -$11.6M |
|
813
PUT
Qorvo
QRVO
$8.16B
| $54.7M | 0.01% |
423,700
-32,200
| -7% | -$3.99M |
|
|
ALXN
814
DELISTED
Alexion Pharmaceuticals
ALXN
| $54.4M | 0.01% |
475,329
+173,390
| +57% | +$18.7M |
|
815
First Majestic Silver
AG
$10.3B
| $54.4M | 0.01% |
5,712,169
+1,917,434
| +51% | +$22.3M |
|
|
816
PUT
Automatic Data Processing
ADP
$112B
| $54.4M | 0.01% |
389,700
+18,800
| +5% | +$2.63M |
|
817
PUT
StoneCo
STNE
$2.22B
| $54.2M | 0.01% |
1,024,100
+219,200
| +27% | +$10.5M |
|
|
SCHW
818
PUT
Charles Schwab
SCHW
$194B
| $54.1M | 0.01% |
1,493,500
+172,900
| +13% | +$6.02M |
|
|
FL
819
CALL
DELISTED
Foot Locker
FL
| $54.1M | 0.01% |
1,637,900
+793,700
| +94% | +$24.2M |
|
820
PUT
Valero Energy
VLO
$98.9B
| $54.1M | 0.01% |
1,247,800
-308,900
| -20% | -$16.2M |
|
821
CALL
Pan American Silver
PAAS
$22B
| $53.8M | 0.01% |
1,673,800
+116,900
| +8% | +$4.02M |
|
|
PPLI
822
CALL
People Inc
PPLI
$2.91B
| $53.8M | 0.01% |
823,005
-6,754,855
| -89% | -$463M |
|
823
Carvana
CVNA
$81.8B
| $53.8M | 0.01% |
+1,205,860
| New | +$42.8M |
|
824
CALL
Chubb
CB
$132B
| $53.6M | 0.01% |
461,300
-23,100
| -5% | -$2.9M |
|
825
DuPont de Nemours
DD
$18.5B
| $53.6M | 0.01% |
769,093
+227,354
| +42% | +$15.9M |
|
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.