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 | Miscellaneous | 92.99% |
| 2 | Technology | 1.99% |
| 3 | Consumer Discretionary | 1.08% |
| 4 | Financials | 1% |
| 5 | Communication Services | 0.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
8501
Axos Financial
AX
$5.55B
| $322K | ﹤0.01% |
13,805
-11,466
| -45% | -$262K |
|
8502
Ceragon Networks
CRNT
$191M
| $322K | ﹤0.01% |
129,264
+26,213
| +25% | +$63.1K |
|
8503
PUT
Merit Medical Systems
MMSI
$5.4B
| $322K | ﹤0.01% |
7,400
-50,200
| -87% | -$2.27M |
|
8504
Targa Resources
TRGP
$61.7B
| $322K | ﹤0.01% |
+22,960
| New | +$403K |
|
|
VRE
8505
DELISTED
Veris Residential
VRE
| $322K | ﹤0.01% |
+25,485
| New | +$348K |
|
|
PDCO
8506
DELISTED
Patterson Companies, Inc.
PDCO
| $322K | ﹤0.01% |
+13,357
| New | +$340K |
|
8507
PUT
e.l.f. Beauty
ELF
$6.14B
| $321K | ﹤0.01% |
17,500
-4,400
| -20% | -$83.3K |
|
8508
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.74B
| $321K | ﹤0.01% |
14,609
-18,365
| -56% | -$409K |
|
8509
Ingevity
NGVT
$2.39B
| $321K | ﹤0.01% |
+6,483
| New | +$366K |
|
8510
Newmark Group
NMRK
$2.87B
| $321K | ﹤0.01% |
74,313
+14,859
| +25% | +$64.3K |
|
8511
CALL
Preferred Bank
PFBC
$1.23B
| $321K | ﹤0.01% |
10,000
+5,200
| +108% | +$194K |
|
8512
Invesco Global Water ETF
PIO
$274M
| $321K | ﹤0.01% |
10,110
-7,528
| -43% | -$233K |
|
|
BDSI
8513
CALL
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $321K | ﹤0.01% |
86,100
+74,300
| +630% | +$316K |
|
8514
PUT
Compass Minerals
CMP
$1.03B
| $320K | ﹤0.01% |
5,400
-14,700
| -73% | -$810K |
|
|
DSL
8515
CALL
DoubleLine Income Solutions Fund
DSL
$1.22B
| $320K | ﹤0.01% |
20,000
-72,000
| -78% | -$1.15M |
|
8516
Ecolab
ECL
$80.4B
| $320K | ﹤0.01% |
1,600
-2,322
| -59% | -$464K |
|
|
EUHY
8517
iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY
$251M
| $320K | ﹤0.01% |
+6,128
| New | +$320K |
|
8518
iShares US Consumer Staples ETF
IYK
$1.42B
| $320K | ﹤0.01% |
6,432
-44,592
| -87% | -$2.13M |
|
8519
Proshares UltraShort Technology
REW
$3.51M
| $320K | ﹤0.01% |
+1,042
| New | +$355K |
|
|
ENLC
8520
PUT
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $320K | ﹤0.01% |
136,000
+19,300
| +17% | +$51.1K |
|
8521
CALL
Houlihan Lokey
HLI
$9.3B
| $319K | ﹤0.01% |
+5,400
| New | +$309K |
|
8522
Hamilton Lane
HLNE
$4.6B
| $319K | ﹤0.01% |
+4,944
| New | +$338K |
|
8523
Rogers Corp
ROG
$2.24B
| $319K | ﹤0.01% |
3,251
-6,841
| -68% | -$804K |
|
8524
Silicon Motion
SIMO
$8.33B
| $319K | ﹤0.01% |
8,451
-19,777
| -70% | -$793K |
|
|
HMSY
8525
CALL
DELISTED
HMS Holdings Corp.
HMSY
| $319K | ﹤0.01% |
13,300
-6,300
| -32% | -$185K |
|
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's Q3 2020 filing shows 1,567 new, 4,405 increased, 4,403 reduced and 1,138 closed positions. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M. The largest sale was Invesco QQQ Trust, an estimated $3.18B.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 92% a quarter earlier, followed by Technology and Consumer Discretionary.
- 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.