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 | |
|---|---|---|---|---|---|---|
826
CALL
Arista Networks
ANET
$241B
| $53.2M | 0.01% |
4,116,800
+1,353,600
| +49% | +$18.6M |
|
827
PUT
New Oriental
EDU
$9.08B
| $53.2M | 0.01% |
355,900
-21,000
| -6% | -$3.03M |
|
828
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.31B
| $53.1M | 0.01% |
282,200
-17,100
| -6% | -$3.16M |
|
829
PUT
Sarepta Therapeutics
SRPT
$2B
| $53.1M | 0.01% |
377,800
+3,100
| +0.8% | +$471K |
|
|
EXAS
830
PUT
DELISTED
Exact Sciences
EXAS
| $52.5M | 0.01% |
514,500
-106,700
| -17% | -$9.21M |
|
831
PUT
Marvell Technology
MRVL
$216B
| $52.3M | 0.01% |
1,318,200
+331,500
| +34% | +$12.2M |
|
832
PUT
Lumen
LUMN
$6.08B
| $52.3M | 0.01% |
5,182,900
+559,100
| +12% | +$5.81M |
|
|
FL
833
PUT
DELISTED
Foot Locker
FL
| $52.2M | 0.01% |
1,580,900
+61,800
| +4% | +$1.88M |
|
834
PUT
SLB Ltd
SLB
$79.1B
| $52.2M | 0.01% |
3,354,900
-434,800
| -11% | -$8.09M |
|
835
PUT
iShares MSCI Mexico ETF
EWW
$1.81B
| $51.8M | 0.01% |
1,552,800
+4,100
| +0.3% | +$135K |
|
836
CALL
Stanley Black & Decker
SWK
$14.9B
| $51.7M | 0.01% |
319,000
-177,700
| -36% | -$27.7M |
|
837
CALL
Tractor Supply
TSCO
$18.4B
| $51.7M | 0.01% |
1,802,000
-1,571,500
| -47% | -$45.2M |
|
|
DHR.PRA
838
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $51.7M | 0.01% |
35,000
+22,500
| +180% | +$31.6M |
|
839
Wheaton Precious Metals
WPM
$74.4B
| $51.6M | 0.01% |
1,052,481
+182,081
| +21% | +$9.28M |
|
840
Abbott
ABT
$201B
| $51.5M | 0.01% |
472,982
+80,646
| +21% | +$8.18M |
|
841
PUT
Rocket Companies
RKT
$40.5B
| $51.4M | 0.01% |
+2,579,800
| New | +$60.2M |
|
842
iShares MSCI ACWI ETF
ACWI
$33.3B
| $51.2M | 0.01% |
640,877
+200,202
| +45% | +$15.9M |
|
843
CALL
Synopsys
SNPS
$78.3B
| $51.2M | 0.01% |
239,200
+76,400
| +47% | +$15.6M |
|
|
CGC
844
PUT
Canopy Growth
CGC
$481M
| $51.2M | 0.01% |
357,370
-23,920
| -6% | -$4.01M |
|
845
CALL
Qorvo
QRVO
$8.32B
| $51.1M | 0.01% |
396,200
+154,200
| +64% | +$19.1M |
|
846
PUT
TAL Education Group
TAL
$6.43B
| $51.1M | 0.01% |
672,200
-117,300
| -15% | -$8.84M |
|
847
Applied Materials
AMAT
$381B
| $50.9M | 0.01% |
855,388
-1,334
| -0.2% | -$82.4K |
|
848
Baidu
BIDU
$31.7B
| $50.8M | 0.01% |
401,310
-261,489
| -39% | -$32.4M |
|
849
CALL
Tyson Foods
TSN
$20.1B
| $50.6M | 0.01% |
851,100
-346,500
| -29% | -$21.4M |
|
850
Chevron
CVX
$392B
| $50.4M | 0.01% |
700,490
+19,489
| +3% | +$1.64M |
|
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.