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 | |
|---|---|---|---|---|---|---|
826
CALL
Cboe Global Markets
CBOE
$32.2B
| $35.5M | 0.01% |
398,200
-260,200
| -40% | -$29.1M |
|
827
American Tower
AMT
$83.1B
| $35.5M | 0.01% |
163,019
-48,640
| -23% | -$11.3M |
|
828
CALL
KLA
KLAC
$237B
| $35.5M | 0.01% |
2,469,000
-48,000
| -2% | -$773K |
|
829
iShares MSCI South Korea ETF
EWY
$27B
| $35.4M | 0.01% |
753,507
+686,261
| +1,021% | +$38.6M |
|
830
PUT
US Bancorp
USB
$97.3B
| $35.2M | 0.01% |
1,023,000
+72,100
| +8% | +$3.48M |
|
831
McKesson
MCK
$102B
| $35.1M | 0.01% |
259,613
+3,632
| +1% | +$532K |
|
832
PUT
iQIYI
IQ
$975M
| $35M | 0.01% |
1,967,800
+912,300
| +86% | +$20.5M |
|
833
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$18.4B
| $35M | 0.01% |
5,533,500
+1,051,500
| +23% | +$15.9M |
|
834
CALL
Boston Scientific
BSX
$71B
| $34.9M | 0.01% |
1,070,200
+116,500
| +12% | +$4.55M |
|
835
CALL
KKR & Co
KKR
$96.3B
| $34.9M | 0.01% |
1,486,900
-588,700
| -28% | -$16.9M |
|
836
Illumina
ILMN
$33.7B
| $34.7M | 0.01% |
130,625
+19,515
| +18% | +$5.46M |
|
837
CALL
WIX.com
WIX
$3.53B
| $34.6M | 0.01% |
343,200
+167,700
| +96% | +$21.9M |
|
838
PUT
Public Storage
PSA
$60.7B
| $34.6M | 0.01% |
174,000
+52,200
| +43% | +$11.2M |
|
839
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $34.5M | 0.01% |
316,500
-91,500
| -22% | -$10.6M |
|
840
Workday
WDAY
$49.2B
| $34.4M | 0.01% |
264,429
-65,815
| -20% | -$11.1M |
|
841
CALL
Digital Realty Trust
DLR
$69.8B
| $34.3M | 0.01% |
247,200
+67,100
| +37% | +$8.53M |
|
842
PUT
Archer Daniels Midland
ADM
$37.7B
| $34.3M | 0.01% |
975,100
+205,200
| +27% | +$8.39M |
|
843
CALL
Corpay
CPAY
$27.2B
| $34.3M | 0.01% |
183,800
-56,600
| -24% | -$15.6M |
|
844
PUT
TJX Companies
TJX
$155B
| $34.3M | 0.01% |
717,100
+337,600
| +89% | +$19.4M |
|
845
Petrobras
PBR
$120B
| $34.2M | 0.01% |
6,223,071
+4,399,568
| +241% | +$52.5M |
|
846
PUT
MGM Resorts International
MGM
$11B
| $34.2M | 0.01% |
2,897,700
+2,140,700
| +283% | +$55.1M |
|
847
CALL
Madison Square Garden
MSGS
$9.69B
| $34.1M | 0.01% |
226,143
+32,667
| +17% | +$6.33M |
|
848
PUT
Chubb
CB
$133B
| $34M | 0.01% |
304,800
+244,700
| +407% | +$35.1M |
|
|
HTZ
849
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $34M | 0.01% |
5,497,500
+2,764,500
| +101% | +$37.4M |
|
850
PUT
AB InBev
BUD
$156B
| $33.8M | 0.01% |
767,100
-5,000
| -0.6% | -$326K |
|
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.